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Street View
$485,000
Monthly Est:$2,414
4 Beds
2 Baths2 full baths
1,456sqft
1652 E Indianola Ave, Phoenix, AZ 85016
$485,000
$2,414/moEst:
Get Pre-Approved
Single Family Residence
Built in 1930
$-- HOA
9,541 sqft lot
$333/sq.ft
Description
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.
- Houzeo last checked: 12 hours ago
- Listing updated: August 31, 2026 at 5:09 pm
- Listing Provided by: Jodi Wilcox (480) 577-5866 | DeLex Realty (602) 910-3002
- Source: Arizona Regional Multiple Listing Service-AZ | MLS#: 7020596
Property Details
Status
Active
Type
Single Family Residence
No. of Stories
1
County
City
Neighborhood
Year Built
1930
HOA Fees
-
Finished Area
1,456 sqft
Lot Size
9,541 sqft lot
Basement Area
- sqft
MLS Name
Arizona Regional Multiple Listing Service
MLS Number
7020596
MLS Status
Active
Days on Market
178
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 2
Interior
Heating
Other
Cooling
Other
Construction
Year Built
Year Built: 1930
Home type
Single Family Residence
Roof
Composition
Construction Materials
Other
Utilities & Energy
Laundry Features
Other
Water Source
Public
Other Features
Lot Features
None
Subdivision Name
Avenel Park
Disclosures
Other (see Remarks)
Price History
| Date | Event | Price |
|---|---|---|
08/26/2026 Source: | Price Decreased | $485,000 -5.83% $333/sqft |
04/29/2026 Source: | Listed for Sale | $515,000 -1.90% $354/sqft |
04/29/2026 Source: | Price Increased | $525,000 +194.94% $361/sqft |
04/27/2019 Source: | Price Increased | $178,000 +7.88% $122/sqft |
04/27/2019 Source: | Price Increased | $165,000 +10.74% $113/sqft |
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Based on information from the Arizona Regional Multiple Listing Service through Oct 23, 2026, 01:30PM. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Listing Information presented by local MLS brokerage: Sell Your Home Services, local REALTOR®- Dan Demers (774) 265-0879. Information is provided exclusively for personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Advertising Broker: Daniel Demers (267) 341-8337 | Sell Your Home Services
