1656 E Indianola Avenue, Phoenix, AZ 85016

Phoenix
Local realty services provided by:Better Homes and Gardens Real Estate S.J. Fowler
1656 E Indianola Avenue,Phoenix, AZ 85016
$585,000
  • 3 Beds
  • 2 Baths
  • 1,584 sq. ft.
  • Single family
  • Pending
Listed by: jodi wilcox
Office: delex realty
MLS#:7020588
Source:ARMLS

Price summary

  • Price:$585,000
  • Price per sq. ft.:$369.32

About this home

Located in the heart of Phoenix, this fully remodeled 3-bedroom, 2-bath home offers an exceptional opportunity for both investors and developers. Situated on a generously sized lot, the property provides significant potential for expansion, including the possibility of building multiple units--ideal for maximizing long-term value and cash flow. The home itself has been thoughtfully updated and is currently tenant-occupied, offering immediate rental income from day one. Whether you're looking to hold as a performing asset or redevelop, the flexibility here is a major advantage. Positioned in a rapidly growing area near Arcadia Lite and just minutes from Biltmore Fashion Park, you'll enjoy close proximity to some of the city's best dining, shopping, and entertainment. DEVELOPERS WELCOME!

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Home facts

  • Year built:1944
  • Subdivision & Development:AVENEL PARK
  • Listing ID #:7020588
  • Updated:August 13, 2026 at 09:15 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Flooring:Vinyl
  • Living area:1,584 sq. ft.

Heating and cooling

  • Central air:Yes

Structure and exterior

  • Year built:1944
  • Building area:1,584 sq. ft.
  • Lot area:0.26 Acres
  • Lot Features:Dirt Back, Dirt Front
  • Construction Materials:Block

Schools

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

Utilities

  • Water:City Water

Finances and disclosures

  • Price:$585,000
  • Price per sq. ft.:$369.32
  • Tax amount:$2,699 (2025)

Parking

  • Carport spaces:2
MLS LogoAll information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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