For sale

$3,400,000

3611 N 5TH Avenue, Phoenix, AZ 85013

36beds

24baths

14,400sqft

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Multi Family

Built in 1961

-- sqft lot

$-- Zestimate^®

$236/sqft

$-- HOA

What's special

Resort-style swimming poolCovered parkingGated access entry waysLow maintenance desert landscapingModernized bathroomsBuilt-in microwavesFully equipped kitchens

Melrose on 5th is a 12-unit multifamily community located in the highly sought after Melrose District. Originally built in 1961, the asset went through extensive repositioning in 2016 and features a rare mix of (12) 3-bedroom, 2-bathroom floor plans measuring approximately 1,200 square feet each. Unit interiors are all upgraded and feature washer/dryers, fully equipped kitchens with dishwashers and built-in microwaves, stainless steel appliances, faux vinyl wood flooring, and modernized bathrooms. Exterior amenities include gated access entry ways, charcoal barbeque grills, resort-style swimming pool, covered parking, and low maintenance desert landscaping. Great opportunity opportunity to acquire a well-maintained, renovated asset within one of Phoenix's strongest urban infill corridors.

54 days

255

25

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 36
Bathrooms: 24

Heating

Individual, Electric

Cooling

Electric, Individual

Appliances

Included: Built-In Range, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer

Features

Flooring: Vinyl

Interior area

Total structure area: 14,400
Total interior livable area: 14,400 sqft

Property

Parking

Total spaces: 10
Parking features: <1 Space Per Unit
Covered spaces: 9
Uncovered spaces: 1

Features

Has private pool: Yes

Lot

Size: 0.4 Acres
Dimensions: .40

Details

Parcel number: 11829005D
Zoning: R-4

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Block
Roof: Built-Up

Condition

Year built: 1961

Utilities & green energy

Electric: Individual Meter
Sewer: Public Sewer
Water: Master Meter

Community & HOA

Community

Features: Barbecue, Pool
Subdivision: PARK NORTH

Location

Region: Phoenix

Financial & listing details

Price per square foot: $236/sqft
Annual tax amount: $8,433
Date on market: 5/20/2026
Cumulative days on market: 54 days
Listing terms: Conventional,1031 Exchange
Ownership: Fee Simple
Electric utility on property: Yes
Road surface type: Asphalt

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
5/20/2026	Listed for sale	$3,400,000-17.1%$236/sqft
Source: ARMLS #7030825 Report a problem
12/13/2023	Listing removed	--
Source: ARMLS #6456526 Report a problem
11/16/2022	Listing removed	$4,100,000$285/sqft
Source: ARMLS #6456526 Report a problem
8/29/2022	Listed for sale	$4,100,000$285/sqft
Source: ARMLS #6456526 Report a problem
1/17/2015	Listing removed	$1,225
Source: Zillow Rental Network Report a problem
11/5/2014	Price change	$1,225+2.2%
Source: Zillow Rental Network Report a problem
10/11/2014	Price change	$1,199+2%
Source: Zillow Rental Network Report a problem
10/3/2014	Price change	$1,175-4.1%
Source: Zillow Rental Network Report a problem
9/18/2014	Listed for rent	$1,225
Source: Zillow Rental Network Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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