1652 E Indianola Avenue, Phoenix, AZ 85016

Phoenix
Local realty services provided by:HUNT Real Estate ERA
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 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.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1930
  • Subdivision & Development:AVENEL PARK
  • Listing ID #:7020596
  • Updated:October 06, 2026 at 03:12 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
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.

New listings near 1652 E Indianola Avenue