About The Property

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 WestRead MoreRead Less
Courtesy of Marcus & Millichap 602-687-6700
Listing Snapshot
Days Online
78
Last Updated
Property Type
Multiple Dwellings
Year Built
1958
MLS Number
6972550
M. Logan
Top 2% performing AZ broker
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Additional Details

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Appliances & Equipment
"Dishwasher", "Refrigerator", "Free-Standing Electric Oven", "Microwave", "Washer/Dryer", "W/D Hookup"
Building
Built in 1958, Construction materials: "Painted", "Block", 8 total units
Cooling
"Individual"
Expenses
Electric: $4,835, Insurance: $4,000, Maintenance: $7,033
Floors
"Tile", "Vinyl"
Heating
"Individual"
Parking
"1 Space/Unit", "On Street", 8 total parkings
Property
Zoning: R-3
Roof
"Composition"
Sewer
"Public Sewer"
Taxes
Annual amount: $2,723, Lot: 1
Utilities
"SRP"
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30 Days Snapshot Of 85013
$552k
-7%
(avg) sold price
17
-15%
homes sold
53
-27%
(avg) days on market
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Monthly Payment
$0

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