For Sale House MLS# 7020596

1652 E INDIANOLA Avenue

Phoenix, AZ 85016

$485,000

About 1652 E INDIANOLA Avenue

Investor/developer opportunity in the heart of Phx. This home is currently set up as a duplex. It features two 2/1 units, both currently leased, delivering immediate and stable cash flow. The property sits on a generously sized lot with favorable multifamily zoning, offering significant potential to build additional units or redevelop for higher density (buyer to verify). Positioned in a high-demand rental corridor near Arcadia Lite and Biltmore Fashion Park, the location supports strong tenant demand and long term appreciation. Easy access to major freeways, employment hubs, dining, and retail adds to the asset's appeal. Ideal for investors seeking a stabilized income property with clear value-add and development upside in one of Phoenix's fastest-growing submarkets. Home needs repairs.

Property details

Property

Type
Single Family Residence
MLS type
Single Family Home
Status
Active
Year built
1930
Stories
1
Living area
1,456 sqft
Price / sqft
$333
Lot
0.22
Original price
$525,000
MLS #
7020596

Interior

Features
Other
Heating
Other
Cooling
Other
Laundry
Other

Exterior & lot

Construction
Other, Composition
Roof
Composition
Lot
11929014, Other
Fence
Other

Schools

District
Creighton Elementary District
Elementary
Loma Linda Elementary School
Middle
The Creighton Academy
High
Camelback High School

Utilities

Utilities
Public Sewer, City Water
Water
City Water
Sewer
Public Sewer

Financial

Financial
Arizona Regional Multiple Listing Service 2
Annual tax
$2,769
Tax year
2025
Parcel
11929014

Location

Subdivision
AVENEL PARK
County
Maricopa
Neighborhood
Avalon
Community
Maricopa, No Fees, Arizona Regional Multiple Listing Service 2, Creighton Elementary District
Directions
go East to 17th Street, go South to Indianola, go West to home.

Location

Neighborhood
Avalon
Subdivision
AVENEL PARK
School district
Creighton Elementary District

Ask about this property

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Listed by Jodi Wilcox, DeLex Realty

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.