Phoenix, AZ 85013,4119 N 11th Avenue
Phoenix, AZ 85013,4119 N 11th Avenue
Phoenix, AZ 85013,4119 N 11th Avenue
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$1,650,000
Est. payment /mo
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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 6972550

Maintenance Fees $7,033

Year Built 1958

Annual Tax Amount $2,723

Tax Year 2025

Lot Dimensions 0.26

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

Ideally positioned just east of Central Phoenix's largest major employment corridor, Villa at Melrose (''the property'') is an 8-unit multifamily community located north of Indian School Road on 11th Avenue. The property sits within the desirable Midtown submarket, surrounded by the growing lifestyle opportunities the immediate area offers. The Property's nearby proximity to one of The Valley's major transportation arteries, State Route 51, affords residents direct access and simple passage to nearly any destination across The Valley. Anchoring the gateway to North Central Phoenix's historic core, Villa at Melrose presents outstanding walkable access to a mix of the best local and national retailers and restaurants including Sprouts, Natural Grocers, Valentine, Clever Koi, AJ's, and West Elm. Ample employment opportunities are found through the nearby Innovation Employment Corridor, Arizona's economic driving force, boasting more than ±171,000 total professionals dispersed across its Midtown and Downtown Phoenix setting occupying a diverse range of industries from business services and finance to healthcare, education, and government services.

Completed in 1958, and fully renovated in 2023, Villa at Melrose is comprised of 4 one-bedroom (50%) and 4 two-bedroom (50%) floorplans, offering an average of ±675 square feet per unit. All units have been fully renovated with new countertops, cabinets, stainless steel appliances, upgraded electrical panels and in-unit washer/dryers (select units). In addition, the entire community exterior and common area has been upgraded including new landscaping, exterior paint, common area, and roof. Future ownership will have the opportunity to receive enhanced operational performance and desirability resulting from the property's centralized location with immediate access to desirable amenities such as schools, retail and major employment corridors.

Location

State AZ

County Maricopa

Area Maricopa

Zoning R-3

Interior

Heating Individual

Cooling Individual

Flooring Vinyl

Appliance Dishwasher, Refrigerator, Free-Standing Electric Oven, Microwave, Washer/Dryer, W/D Hookup

Exterior

Parking Features 1 Space/Unit, On Street

Community Features No Pool

Roof Type Composition

Private Pool No

Building

Sewer Public Sewer

Water City Franchise

New Construction No

Others

Senior Community No

Tax ID 155-39-093-G

Acceptable Financing Conventional, 1031 Exchange

Disclosures None

Listing Terms Conventional, 1031 Exchange


Read Less Info
Arizona Regional MLS (ARMLS)
Listed by Marcus & Millichap

NEARBY SCHOOL & BUSINESS

SCHOOLS PROPERTIES
Elementary Schools 20
  • 10

    Arizona School for the Arts

    Public | 5 - 12

  • 10

    Madison Traditional Academy

    Public | KG - 8

  • 8

    Madison Meadows School

    Public | 5 - 8

  • 8

    Madison Rose Lane School

    Public | PK - 5

  • 7

    Amerischools Academy - Camelback

    Public | KG - 12

  • 6

    Bennett Academy

    Public | KG - 8

  • 6

    Magnet Traditional School

    Public | KG - 8

  • 6

    Madison #1 Elementary School

    Public | 5 - 8

  • 5

    Academy of Mathematics and Science South

    Public | KG - 8

  • 5

    Granada Primary School

    Public | KG - 3

  • 5

    Pan-American Charter School

    Public | KG - 12

  • 5

    Westwood Primary School

    Public | KG - 3

  • 5

    Clarendon School

    Public | PK - 8

  • 5

    Kenilworth Elementary School

    Public | PK - 8

  • 5

    New World Educational Center

    Public | KG - 12

  • 5

    Madison Park School

    Public | 1 - 8

  • 5

    Whittier Elementary School

    Public | PK - 8

  • 4

    Granada East School

    Public | 4 - 8

  • 4

    Maie Bartlett Heard School

    Public | PK - 8

  • 4

    Imagine Camelback Elementary School

    Public | KG - 5

Middle Schools 8
  • 7

    Metropolitan Arts Institute

    Public | 7 - 12

  • 5

    Osborn Middle School

    Public | 7 - 8

  • 4

    Imagine Camelback Middle School

    Public | 6 - 8

  • 2

    Morris K. Udall Escuela de Bellas Artes

    Public | 6 - 8

  • 1

    The Learning Institute

    Public | 7 - 12

  • 0

    Brophy College Preparatory

    Private | 6 - 12

  • 0

    Arizona Insight Academy

    Public | 7 - 12

  • 0

    Youth Development Institute School

    Private | 7 - 12

High Schools 20
  • 10

    Phoenix Union Bioscience High School

    Public | 9 - 12

  • 8

    Franklin Police and Fire High School

    Public | 9 - 12

  • 7

    Washington High School

    Public | 9 - 12

  • 7

    Metro Tech High School

    Public | 9 - 12

  • 7

    Phoenix College Preparatory Academy

    Public | 9 - 12

  • 6

    Asu Preparatory Academy- Phoenix High School

    Public | 9 - 11

  • 5

    Girls Leadership Academy of Arizona

    Public | 9 - 12

  • 5

    North High School

    Public | 9 - 12

  • 4

    Central High School

    Public | 9 - 12

  • 2

    Arizona Collegiate High School

    Public | 9 - 12

  • 1

    Arizona Call-a-Teen Center for Excellence

    Public | 9 - 12

  • 1

    Kaizen Education Foundation Dba Summit High School

    Public | 9 - 12

  • 0

    Bourgade Catholic High School

    Private | 9 - 12

  • 0

    Career Success High School - Main Campus

    Public | 9 - 12

  • 0

    Career Success High School - Glendale

    Public | 9 - 12

  • 0

    Bostrom Alternative Center

    Public | 9 - 12

  • 0

    West-Mec - Washington High School

    Public | 9 - 12

  • 0

    Tumbleweed Transitional Learning Center

    Public | 9 - 12

  • 0

    Valley Lutheran High School

    Private | 9 - 12

  • 0

    St Marys High School

    Private | 9 - 12

School and business data provided by Attom Data.

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