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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$2,220,000

Est. payment - /mo

14 Beds

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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 7090003

Bedrooms 14

Year Built 1956

Annual Tax Amount $4,390

Tax Year 2025

Lot Dimensions 0.444 acres / 19,360 sqft

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

Melrose Flats is a 12-unit garden-style multifamily property built in 1956 with durable block construction, featuring a unit mix of (10) 1-bedroom / 1-bathroom units and (2) 2-bedroom / 2-bathroom units. Updated interiors showcase quartz countertops, modern cabinetry, stainless-steel appliances, and stained concrete flooring. Each unit is equipped with an in-unit washer and dryer and is individually metered for electricity. Community amenities include a spacious landscaped courtyard, covered on-site parking spaces, and additional storage units. Ideally situated along 7th Avenue in the heart of the Melrose District, the property offers residents convenient walkability to a variety of shopping, dining, and entertainment options.

Location

State AZ

County Maricopa

Area Maricopa

Zoning R-4

Interior

Heating Varies by Unit, Electric

Cooling Electric, Varies by Unit

Flooring Concrete

Appliance Built-In Range, Refrigerator, Microwave, Washer/Dryer

Exterior

Parking Features Carport

Community Features Other

Roof Type Composition

Private Pool No

Building

Sewer Public Sewer

Water City Franchise

New Construction No

Schools

School District Phoenix Union High School District

Others

Senior Community No

Tax ID 155-38-097-A

Ownership Fee Simple

Acceptable Financing Cash, Conventional, 1031 Exchange

Disclosures None

Listing Terms Cash, Conventional, 1031 Exchange

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Listed by ABI Multifamily • Bryce Neagle

NEARBY SCHOOL & BUSINESS

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806 W TURNEY Avenue Phoenix, AZ 85013