1652 E INDIANOLA Avenue, Phoenix, AZ, 85016
Listing provided courtesy of Jodi Wilcox · DeLex Realty (602-910-3002).
- 4
- Beds
- 2
- Baths
- 1,456
- Sq Ft
- 1930
- Year Built
- Single Family Residence
- Property Type
- $333
- Price / Sq Ft
About this residence
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.
Principal, interest & HOA · 20% down · 6.5% / 30-yr (est.)
lokellist estimate, not a lender quote. Contact a lender for actual rates.
Free to schedule. Cancel any time.
Building & HOA
- Building
- Avenel Park
- Year built
- 1930
- HOA dues
- —
- Property type
- Single Family Residence
- MLS #
- 7020596
- Status
- Active
Property details
Interior
- Fireplace
- No
Schools
- District
- Phoenix Union High School District
- Elementary
- Loma Linda Elementary School
- High school
- Camelback High School
Exterior & lot
- Lot
- None
- Lot size
- 9,541 sq ft · 0.22 acres
Location & community
- County
- Maricopa
Location
1652 E INDIANOLA Avenue
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Data via HomeJunction SlipStream. Display subject to MLS terms. Information deemed reliable but not guaranteed.