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1656 E Indianola Avenue, Phoenix, AZ 85016

Phoenix
Local realty services provided by:CENTURY 21 Toma Partners
1656 E Indianola Avenue,Phoenix, AZ 85016
$535,000
  • 3 Beds
  • 2 Baths
  • - sq. ft.
  • Single family
  • Active
Listed by: jodi wilcox
Office: delex realty
MLS#:7020588
Source:ARMLS

Price summary

  • Price:$535,000

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:October 26, 2026 at 03:07 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Flooring:Vinyl

Heating and cooling

  • Central air:Yes

Structure and exterior

  • Year built:1944
  • 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

Finances and disclosures

  • Price:$535,000
  • 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. ARMLS Member Broker: Benjamin Toma

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