1656 E Indianola Ave

Phoenix, AZ 85016
  • $585,000

    Price
  • 3

    Bed
  • 2

    Bath
  • 1,584

    SqFt

About the Listing dvpt03 - 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 87
Property Type Residential
MLS ® 7020588
Year Built 1944
Total Square Footage 1,584
Lot/Acreage 0.26
County Maricopa
Neighborhood Avenel Park
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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Originating MLS: Arizona Regional Multiple Listing Service (ARMLS)

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Shanna Day Team

Operator & Expansion Partner | Shanna Day Team | Keller Williams Realty Phoenix

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