6201 W Indianola Avenue, Phoenix, AZ 85033
Local realty services provided by:Better Homes and Gardens Real Estate S.J. Fowler
6201 W Indianola Avenue,Phoenix, AZ 85033
$499,000
- 8 Beds
- 3 Baths
- 2,459 sq. ft.
- Single family
- Active
Listed by: belinda w li
Office: my home group real estate
MLS#:6944044
Source:ARMLS
Price summary
- Price:$499,000
- Price per sq. ft.:$202.93
About this home
Welcome to an exceptional opportunity for group home, sober living, and assisted living home operators! This fully-furnished 8 bedroom/3 bathroom residence is tailor-made for your next turnkey investment venture. Recently renovated, this property boasts thoughtful enhancements, including an expanded dining area featuring an additional refrigerator and cabinets, designed specifically to cater to increased bedroom capacity. Brand new 5 ton HVAC and ductwork installed 2023 which means proper and efficient airflow for every single bedroom. Currently, the individually leased bedrooms are commanding a total rental income of approximately $6000, yielding an impressive 10% cap rate. Detailed income and expense breakdowns are available upon inquiry through our dedicated listing agent.
Convenience is key here, with parking space for up to 4 vehicles in the driveway and 4 exterior access points, creating an ideal setup for multiple tenants while ensuring ease of accessibility.
Seize this opportunity to step into a thriving investment with a property that not only offers immediate returns but also holds vast potential for further growth and revenue. Don't miss outreach out to our listing agent today for comprehensive details and to explore the boundless potential of this income-generating gem.
Contact an agent
Home facts
- Year built:1958
- Listing ID #:6944044
- Updated:February 13, 2026 at 09:18 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:3
- Full bathrooms:3
- Living area:2,459 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s)
- Heating:Electric
Structure and exterior
- Year built:1958
- Building area:2,459 sq. ft.
- Lot area:0.18 Acres
Schools
- High school:Maryvale High School
- Middle school:Estrella Middle School
- Elementary school:Sunset School
Utilities
- Water:City Water
Finances and disclosures
- Price:$499,000
- Price per sq. ft.:$202.93
- Tax amount:$1,211 (2024)
New listings near 6201 W Indianola Avenue
- New
$189,900Active3 beds 3 baths1,408 sq. ft.7126 N 19th Avenue #158, Phoenix, AZ 85021
MLS# 6984271Listed by: OFFERPAD BROKERAGE, LLC - New
$739,000Active3 beds 2 baths1,657 sq. ft.4821 E Kirkland Road, Phoenix, AZ 85054
MLS# 6984279Listed by: EXP REALTY - New
$620,000Active4 beds 2 baths1,540 sq. ft.4716 E Lone Cactus Drive, Phoenix, AZ 85050
MLS# 6984282Listed by: VENTURE REI, LLC - New
$495,000Active2 beds 2 baths1,444 sq. ft.727 E Portland Street #35, Phoenix, AZ 85006
MLS# 6984299Listed by: BERKSHIRE HATHAWAY HOMESERVICES ARIZONA PROPERTIES - New
$225,000Active1 beds 1 baths746 sq. ft.1701 E Colter Street #234, Phoenix, AZ 85016
MLS# 6984301Listed by: GOLD TRUST REALTY - New
$490,000Active3 beds 2 baths1,593 sq. ft.8830 N 20th Drive, Phoenix, AZ 85021
MLS# 6984306Listed by: HOMEPROS - New
$1,050,000Active4 beds 3 baths3,208 sq. ft.23031 N 43rd Place, Phoenix, AZ 85050
MLS# 6984312Listed by: REALTY ONE GROUP - New
$496,990Active4 beds 3 baths1,946 sq. ft.9809 W Mulberry Drive, Phoenix, AZ 85037
MLS# 6984202Listed by: LENNAR SALES CORP - New
$429,900Active3 beds 2 baths1,213 sq. ft.3441 N 31st Street #109, Phoenix, AZ 85016
MLS# 6984214Listed by: COMPASS - New
$532,990Active4 beds 3 baths2,105 sq. ft.9813 W Mulberry Drive, Phoenix, AZ 85037
MLS# 6984218Listed by: LENNAR SALES CORP