1656 E Indianola Avenue, Phoenix, AZ 85016
- $535,000
- 3
- BD
- 2
- BA
- 1,584
- SqFt
- List Price
- $535,000
- Price Change
- ▼ $50,000 1788214515
- Days on Market
- 150
- Status
- ACTIVE
- MLS#
- 7020588
- City
- Phoenix
- Bedrooms
- 3
- Bathrooms
- 2
- Living SQFT
- 1,584
- Lot Size
- 11,286
- Subdivision
- Avenel Park
- Year Built
- 1944
- Type
- Single Family Residence
Property Description
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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Additional Information
- Elementary School
- Loma Linda Elementary School
- High School
- Camelback High School
- Middle School
- The Creighton Academy
- Acres
- 0.26
- Assoc Fee Includes
- No Fees
- Builder Name
- Unknown
- Construction
- Block, Other
- Cooling
- Central Air
- Fencing
- Wood, Chain Link
- Flooring
- Vinyl
- Heating
- Other
- Laundry
- Inside
- Living Area
- 1,584
- Lot Size
- 11,286
- New Financing
- Cash, VA Loan, FHA, Conventional, FannieMae (HomePath)
- Lot Features
- Dirt Front, Dirt Back
- Roofing
- Composition
- Spa
- None
- Stories
- 1
- Subdivision
- Avenel Park
- Taxes
- $2,699
- Tax Year
- 2025
- Water
- Public
Courtesy of DeLex Realty. 602-910-3002
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