1652 E Indianola Ave

Phoenix AZ 85016

1456 sq. ft.

9541 sq. ft.

Single-Family

Currently for sale - view listing

Overview

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

Features

2 bedrooms

2 bathrooms

2 carspaces

1 carport space

2 open car spaces

1456 sq. ft. floor area

9541 sq. ft. lot size

Single-Family

Property history for 1652 E Indianola Ave

2019

Sold

$165,000

26 Apr 2019 by Timothy J Cusick, of Homelogic Real Estate

2019

Sold

$165,000

26 Apr 2019

2018

Sold

$152,000

18 Oct 2018 by Brooke Castaneda, of HomeSmart

Happy sellers in Phoenix

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