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$535,000
Monthly Est:$2,663
3 Beds
2 Baths2 full baths
1,584sqft
1656 E Indianola Ave, Phoenix, AZ 85016
$535,000
$2,663/moEst:
Get Pre-Approved
Single Family Residence
Built in 1944
$-- HOA
11,286 sqft lot
$338/sq.ft
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!
- Houzeo last checked: 12 hours ago
- Listing updated: August 31, 2026 at 5:10 pm
- Listing Provided by: Jodi Wilcox (480) 577-5866 | DeLex Realty (602) 910-3002
- Source: Arizona Regional Multiple Listing Service-AZ | MLS#: 7020588
Property Details
Status
Active
Type
Single Family Residence
No. of Stories
1
County
City
Neighborhood
Year Built
1944
HOA Fees
-
Finished Area
1,584 sqft
Lot Size
11,286 sqft lot
Basement Area
- sqft
MLS Name
Arizona Regional Multiple Listing Service
MLS Number
7020588
MLS Status
Active
Days on Market
178
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 2
Interior
Heating
Other
Flooring
Vinyl
Window Features
Screens
Cooling
Central Air
Interior Features
3/4 Bath Master Bdrm, Double Vanity, Eat In Kitchen, Pantry, Laminate Counters
Appliances
Dishwasher, Disposal, Refrigerator, Microwave, Washer, Dryer
Construction
Year Built
Year Built: 1944
Home type
Single Family Residence
Roof
Composition
Construction Materials
Block, Other
Utilities & Energy
Water Source
Public
Laundry Features
Inside
Other Features
Disclosures
Seller Discl Avail, Agency Discl Req
Subdivision Name
Avenel Park
Lot Features
Dirt Front, Dirt Back
Price History
| Date | Event | Price |
|---|---|---|
08/26/2026 Source: | Listed for Sale | $535,000 -8.55% $338/sqft |
08/09/2026 Source: | Pending | $585,000 $369/sqft |
04/29/2026 Source: | Listed for Sale | $585,000 +27823.63% $369/sqft |
08/31/2024 Source: | Sold | $2,095 $1/sqft |
08/13/2024 Source: | Pending | $2,095 -98.59% $1/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
