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About the Listing dele001 - jw388
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
Listing Highlights
Status
Active
Days on Site
41
Property Type
Residential
MLS ®
7020596
Year Built
1930
Total Square Footage
1,456
Lot/Acreage
0.22
County
Maricopa
Neighborhood
Avenel Park
School District
Creighton Elementary District
Elementary School
Loma Linda Elementary School
Middle School
The Creighton Academy
High School
Camelback High School
Interior Details
- Bedrooms: 2
- Bathrooms: 2 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: City Water
Exterior Details
- Garage Capacity: N/A
- Roof: Composition
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: $2,769
- Taxes w/Assessments: N/A
- Tax/Property ID: 119-29-014
- Tax Year: 2025
Payment Calculator
Monthly Payment
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- in Taxes
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Questions About..
1652 E Indianola Ave Phoenix, AZ 85016
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