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:November 14, 2025 at 04:33 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)
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