This partially upgraded, well-maintained 4-plex offers a great opportunity for FHA buyers or long-term investors. Recent upgrades include new kitchen & bathroom finishes, fixtures, interior paint, new roof, and security lights. HVACs, water heaters, and energy-efficient windows have also been upgraded/replaced as needed. The unit mix features (4) two-bed / one-bath units. On-site parking is available for the tenants. Seller has an assumable FHA loan as financing option for the right buyer. Three units are occupied and one is currently vacant; perfect for FHA buyers. Tenants pay a monthly stipend for water, sewer, & trash. Conveniently located in West Phoenix near I-10 and I-17 Freeways.
Sold for $583,900 on 04/15/24
$583,900
3221 W Melvin St, Phoenix, AZ 85009
8beds
4baths
2,500sqft
Multi Family
Built in 1984
-- sqft lot
$551,400 Zestimate®
$234/sqft
$1,194 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: April 16, 2024 at 08:40am
Listed by:
Colin Kreager 602-714-1353,
ABI Multifamily
Bought with:
Tarun Chopra, SA655749000
1st Dream Realty
Source: ARMLS,MLS#: 6672080

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Electric
Cooling
- Electric
Appliances
- Included: Refrigerator, Microwave
Features
- Flooring: Ceramic Tile
Interior area
- Total structure area: 2,500
- Total interior livable area: 2,500 sqft
Property
Parking
- Total spaces: 8
- Parking features: Paved, >1 Space Per Unit
- Uncovered spaces: 8
Lot
- Size: 6,725 sqft
- Dimensions: 6725
Details
- Parcel number: 10925136A
- Zoning: R-5
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame, Painted, Stucco
- Roof: Composition
Condition
- Year built: 1984
Utilities & green energy
- Electric: APS
- Sewer: Public Sewer
- Water: City Franchise
Community & neighborhood
Community
- Community features: No Pool
Location
- Region: Phoenix
- Subdivision: TERRA DEL SOL
Other
Other facts
- Listing terms: Conventional,FHA,VA Loan
- Ownership: Fee Simple
- Road surface type: Gravel, Dirt, Asphalt
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Estimated market value
$551,400