1652 E Indianola Avenue Phoenix, AZ 85016

2 Beds
2 Baths
1,456 Sqft
9,541 Sqft lot
0.22 Acre lot
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$525,000 Est. $1,933 / mo.*
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Status: Active
Property Type: Twin Home
Year Built: 1930
Neighborhood: Avenel Park
Days on Website: 13

Courtesy of DeLex Realty {attribution_contact}

Description

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

Property Details and Features

  • 2 full bathrooms
  • 2 total bathrooms
  • 2 total bedrooms
  • Built in 1930
  • Living area: 1456
  • Construction materials: "Other"
  • Association fee includes: "No Fees"
  • Listing ID: 7020596
  • Standard status: Active
  • 28 days on market
  • Subdivision name: AVENEL PARK
  • 0.22 acres
  • 9,541 sqft
  • "None"
  • "Close Of Escrow"
  • "Composition"
  • Elementary school: Loma Linda Elementary School
  • High school: Camelback High School
  • High school district: Phoenix Union High School District
  • "Public Sewer"
  • Annual amount: $2,769
  • Lot: 4

Location

$525,000 - 1652 E Indianola Avenue, Phoenix, AZ 85016
1652 E Indianola Avenue Phoenix, AZ 85016
Subdivision name: AVENEL PARK

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This content last updated on May 13, 2026 12:20AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.