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1652 E Indianola Avenue, Phoenix, AZ 85016

Phoenix
Local realty services provided by:CENTURY 21 Arizona West
1652 E Indianola Avenue,Phoenix, AZ 85016
$515,000
  • 2 Beds
  • 2 Baths
  • 1,456 sq. ft.
  • Single family
  • Active
Listed by: jodi wilcox
Office: delex realty
MLS#:7020596
Source:ARMLS

Price summary

  • Price:$515,000
  • Price per sq. ft.:$353.71

About this home

Investor/developer opportunity in the heart of Phoenix. This remodeled 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

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Home facts

  • Year built:1930
  • Listing ID #:7020596
  • Updated:June 13, 2026 at 03:44 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:2
  • Living area:1,456 sq. ft.

Structure and exterior

  • Year built:1930
  • Building area:1,456 sq. ft.
  • Lot area:0.22 Acres

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:$515,000
  • Price per sq. ft.:$353.71
  • 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.

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