1652 E Indianola Avenue, Phoenix, AZ 85016

Phoenix
Local realty services provided by:Better Homes and Gardens Real Estate S.J. Fowler
1652 E Indianola Avenue,Phoenix, AZ 85016
$485,000
  • 4 Beds
  • 2 Baths
  • - sq. ft.
  • Single family
  • Active
Listed by: jodi wilcox
Office: delex realty
MLS#:7020596
Source:ARMLS

Price summary

  • Price:$485,000

About this home

Investor/developer opportunity in the heart of Phx. This home is currently set up as a duplex. It features two 2/1 units, both. 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 update and repairs.

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Home facts

  • Year built:1930
  • Subdivision & Development:AVENEL PARK
  • Listing ID #:7020596
  • Updated:November 08, 2026 at 04:20 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2

Structure and exterior

  • Year built:1930
  • Lot area:0.22 Acres

Schools

  • High school:Camelback High School
  • Middle school:The Creighton Academy
  • Elementary school:Loma Linda Elementary School

Finances and disclosures

  • Price:$485,000
  • Tax amount:$2,769 (2025)

Parking

  • Carport spaces:1
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