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Mario Romero

Mario Romero

The Melcher Agency

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Central Phoenix

About Central Phoenix

The city of Phoenix is made up of several urban communities, each one with its own distinctive character and features. In Downtown Phoenix you’ll find a thriving arts district along with fabulous local restaurants, shops, and great public transportation. In the historic districts of downtown, close-knit communities are filled with a variety of both historic and modern architecture along with residents who care about as much about each other as they do about preserving Phoenix’s history.

Uptown and North Central Phoenix has its own personality with ranch-style homes built in the 1940’s and 50’s, mid-century architecture and spacious estates. Often called an urban suburban mix, Central Phoenix neighborhoods have it all, with a variety of restaurants, museums, shopping, bars, and local coffee shops. North Central Phoenix also boasts top performing schools in the Madison School District.

Central Phoenix Market Report

Search Homes in Central Phoenix

UNDER CONSTRUCTION - PROJECTED COMPLETION JANUARY 2026Gated Townhome Complex, 12 4bd/3bth trilevel, 2215sf units.  There are two buildings, each end unit benefits from additional windows and a larger balcony!  Each unit is completed with the same modern and low maintenance finishes - 10' ceilings on main floor, white cabinetry, quartz countertops, 2 car tandem garage for each unit, in unit washer/dryer, stainless steel appliances!  There will be a community pool in the sw corner of complex and each unit will have their own backyard with green space!  There will be 13 additional parking spaces (outside of the garage space with 1 of them ada).26,400 rentable area of property on nearly an acre! $6,900,000 Active

11830 N 28th Drive Phoenix, Arizona

DRIVE BY ONLY! DO NOT ENTER THE PROPERTY OR DISTURB THE TENANTS! Urban Gardens consists of 32 apartment units in a prime area of DowntownPhoenix. The property consists of quality block construction with cool,midcentury architecture that is extremely popular today. The apartmentbuilding consists of 28 one-bedroom units and four two-bedroom units. Theunits have been well maintained over the years and have consistently stayedfully occupied with many long term tenants. The property is individuallymetered for electricity. The apartments sit on a prime parcel consisting of50,000 square feet of land (60,000 gross square feet) that has beenrezoned to WU Code T4:2 EG HP (Walkable Urban Code). This would allowapproximately 24 additional units to be built on the property... ...providing an amazing value-add opportunity in the future. The property is also currently located in the Opportunity Zone. Urban Gardens is a phenomenal multifamily investment property as well as a prime future development opportunity in Downtown Phoenix. The property is located just east of 7th Street, a block north of the famed Roosevelt Row district, less than a mile north of the stadium district, a short bike ride / walk to the Downtown Arizona State University campus (over 10,000 students and growing), the Phoenix Biomedical Campus, Phoenix Burton Barr Library, andthe Phoenix Art Museum. Margaret T. Hance Park is just a short walk away and features hundreds of activities throughout the year including large music festivals and many weekend food / craft festivals. The property is also located minutes to the I-10 Freeway to allow quick and easy access to all parts of the valley. This location is as central as it gets and allows residents to enjoy,with ease, so much of what Downtown and Midtown have to offer. With many dining, shopping, and entertainment options, as well as multiple freeway access points within minutes, Urban Gardens will prove to be a great place for residents to live as well as will be a very attractive parcel to potentially add units in a Grade A location. Phoenix consistently has a large increase in population and jobs, and the downtown area is expected to continue to explode with huge job growth in many different sectors. Arizona State University's downtown campus is rapidly expanding (already over 10,000 students and rapidly growing) and massive amounts of biotech investment and developments havebeen developed in the area (the new Creighton University is less than two miles away in midtown and the Phoenix Biomedical Hub is two blocks away).  Additionally major sports and entertainment hubs such as the Stadium District and Warehouse district are located just minutes away as well as many more.Opportunities like Urban Gardens are rare and offer an investor a great income producing property in a grade A location with the addition of a prime development opportunity in one of the most active and desirable areas in the country. $6,850,000 Active

740 E PORTLAND Street Phoenix, Arizona

Elegant and Prestigious :: completely rebuilt in 2022 of a 1920 registered historic home. With more than 7,000 sq feet of finished decks, it's a perfect venue for upscale gatherings, grand events, and raising your family. Upon entering through a stunning oversized glass pivot door, you're greeted by a chic glass floor walkway above with state-of-the-art custom accent lighting that leads you through expansive living areas. The heart of the home is a chef's kitchen designed for the most discerning culinary enthusiasts, featuring custom Heston refrigerators, a 17-element stove, and a custom wine refrigerator.Equipped with floor-to-ceiling folding glass doors, providing an indoor/outdoor experience that captivates the modern yet timeless elegance of this magnificent estate. The wine bar, cigar/china room and sleek elevator add a touch of new age convenience to the home's historic character. Hand-selected imported Burmese wood floors lead you to the dining area adorned with crystal chandeliers, all equipped with lift systems for easy cleaning. Guests may enter through the historic entrance greeting them an impressive backlit opal floor and custom spiral glass staircase.For relaxation, retreat to the master suite, complete with a hot tub on the private patio, a mini kitchen, and a wine room. Each bedroom features its own ensuite bathroom and independent AC zone. The property is also equipped with smart home technology throughout, making it easy to set the perfect ambiance for any event.Outside, the Malibu-style backyard features a vast pool with a swim-up bar, custom waterfall and tanning bubbler platform, white sand lounge areas, and an outdoor kitchen equipped for any occasion. The pool also features a spa and a cold plunge. A spa building with a steam shower, sauna, and locker room complements the lifestyle, while a gym with sliding glass doors offers an indoor-outdoor fitness experience.The guest house provides privacy for visitors, with a fully equipped kitchen, custom tile flooring, and sliding glass doors. Every inch of this home has been redesigned with both luxury and functionality in mind, from the hidden TV in the living room to the automatic wine bar and custom-built closets.With its 800-panel APS installation, all-new commercial-grade utilities, and smart home systems, this estate blends historic appeal with cutting-edge functionality. Advanced soundproofing insulation ensures serenity throughout.Reimagined for modern living, this distinguished estate is a work of art honoring the history of Phoenix, while offering the perfect balance of elegance, technology and comfort. $5,700,000 Active

341 E MONTE VISTA Road Phoenix, Arizona

6 Beds 11 Baths 8,225 SqFt 0.69 Acres

11 individual homes sold in bulk built in 2024.  Nice community with 2 pocket parks.  All homes have 2 car garages. Located near the new light rail line extension on Central Ave.AS of now, 8 homes are leased, self-managed by the owner. Owner maintains the common areas and provides quarterly exterior pest control.  Buyer to verify all information. $4,995,000 Active

141 W LATONA Road Phoenix, Arizona

Introducing Signature 18, a gated community in the heart of Phoenix, offering a 6.23% proforma cap rate and projected NOI of $300,000. Located near Abrazo Hospital, Christown Spectrum Mall, and major transit, the property blends urban access with a quiet, private setting. Recent improvements include desert landscaping, repaved parking, refreshed exterior paint, LED motion lighting, upgraded security cameras, modern gate locks, new stainless appliances, in-unit washers/dryers, roof resealing, and upgraded pool equipment. A new dog run enhances resident appeal, making this a true turn-key investment with strong cash flow and long-term efficiency. $4,770,000 Active

2014 W BERRIDGE Lane Phoenix, Arizona

Also available as five separate offerings!This allows investors to tailor their purchase to their operational or investment objectives. Each grouping consists of no more than 4 units in 2 separate buildings which opens the door up to additional financing options.Newly constructed in 2023.Minutes from Downtown Phoenix, this high class asset combines high-end finishes, spacious modern floor plans (2BR/2BA and 3BR/2BA), and immediate access to major employment centers, transportation corridors, and urban amenities. $4,770,000 Active

1135 E CHIPMAN Road Phoenix, Arizona

Miami Meets Phoenix!! With a Fashion Glare to Contemporary Lifestyle! Welcome to (Nick-Named) FontaineBleau-New Construction 2024 Just Completed! A Must See to Experience the Quintessential Essence of Sophistication. Features A True Entertainers Style w/ Ease. Starting From Your Fingertips w/a Whole House Programable (RTI) Smart System Including Multiple iPad/Remotes( Lutron, Sonos & more), Full Wolf Appliance Package w/Custom 60inch Stainless Steel Hood, SubZero Frig/Freezer, 18ft Long H2O-Fall Granite Island, 48x48 Tile Floor from Italy, 21ft Enormous Tiled Fireplace, Floating Staircase, 5 Bosh a/c Units, Under-Mount Lighting, RO & Whole House Soft H2O Drinking System, Wine Cellar, 24ft Palm Trees, Resort Style Yrd, Sparking Blue Pool, w/Sunken Fireplace, Full BBQ, & Gazebo. Tons More!! (Lutron, Sonos & more) places control at your fingertips with multiple iPads and remotes. The home is powered by five Bosch 25-SEER A/C units, ensuring maximum comfort and efficiency, while a reverse osmosis and whole-house water softening system adds everyday convenience.The primary suite is its own sanctuary, with spa-level finishes, an oversized shower, two private toilets, and a custom closet with its own in-suite washer and dryer. A floating staircase, wine cellar, and architectural details throughout showcase the home's blend of style and substance.Outdoors, a resort-inspired yard awaitscomplete with a sparkling pool, full outdoor kitchen, gazebo, putting green, and a dramatic sunken fireplace with built-in seating. The property is framed by 22-24 ft palm trees that light up at night, creating a private tropical retreat right in the city. To top it off, the neighborhood is known for its welcoming community with regular get-togethers, blending luxury living with connection.This is more than a homeit's a statement of style, technology, and sophistication. And now, priced below recent appraisal, it is an exceptional opportunity to own one of Central Phoenix's most iconic new builds. $4,700,000 Active

8037 N 7th Avenue Phoenix, Arizona

6 Beds 6 Baths 7,200 SqFt 0.51 Acres

Centrally located East of the I-17 Freeway immediately north of Central Phoenix's largest major employment corridor is Macallister, a 24-unit apartment community, just north of the Glendale Avenue and 19th Avenue intersection, surrounded by the growing lifestyle opportunities of a gentrifying area and the natural beauty of the North Mountain Preserve. The adjacent city-endorsed North Mountain Redevelopment Area, a defined area within the Phoenix MSA currently undergoing transformative gentrification efforts, provides assistance to residents and business owners in taking advantage of funding mechanisms designed to improve the region through advancement of underutilized properties, expanded infrastructure, and the creation of additional employment opportunities with current capital investment of $179M, and lead by a revitalization of the iconic Metrocenter Mall. Ample employment opportunities are found through the nearby I-17 Employment Corridor, boasting more than 43,000 employees across ±1,200 businesses, featuring employers such as BlueCross BlueShield, Wells Fargo, Waste Management.

Developed in 2018, Macallister is comprised of 12 studios (50%), 8 one-bedroom (33%), and 4 two-bedroom (17%) floorplans, offering an average of 700 square feet. All units feature attractive amenities including 9-foot ceilings, balconies/patios (select units), in-suite washer/dryers, stainless steel appliances, and granite countertops. $4,550,000 Active

2016 W Orangewood Avenue Phoenix, Arizona

Entertainer's DREAM! This one of a kind CUSTOM built brownstone residence is located in the PRESTIGIOUS gated community of Chateau on Central! STUNNING panoramic city & mountain views! IMPECCABLE craftsmanship that took 4+ years and over $7.2M to build! GORGEOUS designer interior & exterior finishes throughout this MASTERPIECE! Multiple kitchens, living areas, dining areas, a HUGE game room, theatre room, elevator, rotunda, patios + SO MUCH MORE! INCREDIBLE sunsets abound! Over 10,000 sq ft on 5 levels including a 4 car garage! This truly CAPTIVATING home is unlike any other! The central corridor LOCATION can't be beat! 1 block to light rail. Adjacent to Willow district. Walk to Phoenix Art Museum, Phoenix Theater, Heard Museum, Playhouse in the Park, Arizona Opera, $4,400,000 Active

2001 N 1ST Avenue Phoenix, Arizona

3 Beds 5 Baths 10,510 SqFt 0.15 Acres

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Mario Romero | The Melcher Agency
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Phoenix, AZ 85007

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