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About the Listing dele001 - jw388
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!
Listing Highlights
Status
Active
Days on Site
41
Property Type
Residential
MLS ®
7020588
Year Built
1944
Total Square Footage
1,584
Lot/Acreage
0.26
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: 3
- Bathrooms: 2 Full
- Appliances:
- Air Cond: Central Air
- Heating:
- Fireplaces:
- Floor: Vinyl
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Double Vanity,Eat-in Kitchen,Pantry,3/4 Bath Master Bdrm,Laminate Counters
- Water: City Water
Exterior Details
- Lot Description: Dirt Front,Dirt Back
- Garage Capacity: N/A
- Roof: Composition
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: $2,699
- Taxes w/Assessments: N/A
- Tax/Property ID: 119-29-012-A
- Tax Year: 2025
Payment Calculator
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Questions About..
1656 E Indianola Ave Phoenix, AZ 85016
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