1656 E Indianola Ave

Phoenix AZ 85016

1584 sq. ft.

11286 sq. ft.

Single-Family

Currently for sale - view listing

Overview

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!

Features

3 bedrooms

2 bathrooms

2 carspaces

2 carport spaces

2 open car spaces

1584 sq. ft. floor area

11286 sq. ft. lot size

Single-Family

Property history for 1656 E Indianola Ave

2024

Rented

Undisclosed

30 Aug 2024 by Mosaic Properties

2020

Sold

$180,000

18 Sep 2020 by Jean Gonzvar, of Real Impressions Realty

2018

Sold

$140,000

20 Jun 2018 by Jean Gonzvar, of Real Impressions Realty

Happy sellers in Phoenix

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