For Sale House MLS# 7020588

1656 E INDIANOLA Avenue

Phoenix, AZ 85016

$535,000

About 1656 E INDIANOLA Avenue

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!

Property details

Property

Type
Single Family Residence
MLS type
Single Family Home
Status
Active
Year built
1944
Stories
1
Living area
1,584 sqft
Price / sqft
$338
Lot
0.26
Original price
$585,000
MLS #
7020588

Interior

Features
Central Air, Double Vanity, Eat-in Kitchen, Pantry, 3/4 Bath Master Bdrm, Laminate Counters, Other, Inside, Vinyl
Flooring
Vinyl
Heating
Other
Cooling
Central Air
Laundry
Inside
Windows
Screens

Exterior & lot

Construction
Other, Block, Composition, Screens
Roof
Composition
Lot
11929012A, Chain Link, Wood
Fence
Chain Link, Wood

Schools

District
Creighton Elementary District
Elementary
Loma Linda Elementary School
Middle
The Creighton Academy
High
Camelback High School

Utilities

Utilities
Public Sewer, City Water
Water
City Water
Sewer
Public Sewer

Financial

Financial
Arizona Regional Multiple Listing Service 2
Annual tax
$2,699
Tax year
2025
Parcel
11929012A

Location

Subdivision
AVENEL PARK
County
Maricopa
Neighborhood
Avalon
Community
Maricopa, No Fees, Arizona Regional Multiple Listing Service 2, Creighton Elementary District
Directions
go East to 17th Street, go South to Indianola, go West to property.

Location

Neighborhood
Avalon
Subdivision
AVENEL PARK
School district
Creighton Elementary District

Ask about this property

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Listed by Jodi Wilcox, DeLex Realty

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.