$585,000
Active1656 E INDIANOLA Avenue, Phoenix, AZ 85016
3
Beds
2
Baths
1,584
Sq ft
$369
Price / sq ft
11,286 sq ft
Lot size
Single story
Stories
No pool
Pool
No
Spa
None
Garage
1944
Year built
No HOA
HOA
Single Family Residence
Property type
AVENEL PARK
Subdivision
89 days
On market
About this home
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!
Charles Barrett
AZ Lic. #SA650612000 · Valley Wide Agents at Realty of America LLC
Location
Listing courtesy of Delex Realty
Listing last updated in ARMLS on July 2, 2026 at 2:36 PM MST



























