1652 E INDIANOLA Avenue, Phoenix, AZ 85016

$525,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,456 Lot Size (sq. ft.): 9,541 Status: Active
Current Price: $525,000 Last Modified: 4/29/2026

Overview

Description

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

Listing Details MLS# 7020596

Location, Tax & Legal

House Number
1652
Compass
E
Street Name
INDIANOLA
St Suffix
Avenue
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85016
Zip4
5960
Country
US
County Code
Maricopa
Assessor Number
119-29-014
Subdivision
AVENEL PARK
Tax Year
2025
Assessor's Map #
29
Legal Description (Abbrev)
AVENEL PARK
Assessor's Parcel #
14
Tax Municipality
Phoenix
Taxes
2769

Contract Information

Type
Exclusive Right To Sell
Ownership
Fee Simple
Co-Ownership (Fractional) Agreement YN
No

General Property Description

Dwelling Type
Gemini/Twin Home
Dwelling Styles
Attached
Exterior Stories
Yes
# of Interior Levels
Yes
# Bedrooms
2
Full Bathrooms
2
Total Bathrooms
2
Approx SQFT
1456
Price/SqFt
360.58
Horses
N
Builder Name
Unknown
Year Built
1930
Lead Based Hazard Disclosure
Yes
Approx Lot SqFt
9541
Approx Lot Acres
0.219
Community Pool Y/N
No
Private Pool Y/N
No
Fireplace YN
No
Elementary School District
Creighton Elementary District
High School District
Phoenix Union High School District
Elementary School
Loma Linda Elementary School
Jr. High School
The Creighton Academy
High School
Camelback High School
Half Bathrooms
0

Remarks Misc

Cross Street
16th Street ns Indianola,
Directions
go East to 17th Street, go South to Indianola, go West to home.

Legal Info

Township
2N
Range
3E
Section
27
Lot Number
4

Basement

Basement Y/N
N

More Information

Parking Spaces

Carport Spaces
Yes
Slab Parking Spaces
2
Total Covered Spaces
Yes

Showing Notification Methods

Showing Service
No Showing Service Used
Text
Yes

Special Listing Cond

N/A
Yes

Construction

Other
Yes

Const - Finish

Other (See Remarks)
Yes

Roofing

Composition
Yes

Association & Fees

HOA Y/N
N
PAD Fee Y/N
N
Land Lease Fee Y/N
N
Ttl Mthly Fee Equiv
0

Lockbox Type

None
Yes

Master Bathroom

Other (See Remarks)
Yes

Dining Area

Other (See Remarks)
Yes

Heating

Other
Yes

Kitchen Features

None
Yes

Cooling

Other
Yes

Laundry

Other
Yes

Separate Den/Office

Sep Den/Office Y/N
N

Fencing

Other
Yes

Water Source

City Water
Yes

Spa

None
Yes

Sewer

Sewer - Public
Yes

New Financing

Cash
Yes
Conventional
Yes

Utilities

APS
Yes

Existing 1st Loan

Other (See Remarks)
Yes

Landscaping

None
Yes

Disclosures

Other (See Remarks)
Yes

Possession

Close of Escrow
Yes

Association Fee Incl

No Fees
Yes

Assoc Rules/Info

None
Yes

Property Features

Special Listing Cond: N/A Master Bathroom: Other (See Remarks) Spa: None Dining Area: Other (See Remarks) Kitchen Features: None Laundry: Other Construction: Other Const - Finish: Other (See Remarks) Roofing: Composition Cooling: Other Heating: Other Utilities: APS Water Source: City Water Sewer: Sewer - Public Fencing: Other Landscaping: None Showing Notification Methods: Text Lockbox Type: None Possession: Close of Escrow Association Fee Incl: No Fees Existing 1st Loan: Other (See Remarks) New Financing: Cash; Conventional Disclosures: Other (See Remarks)
IDX
Listing Office: DeLex Realty
Last Updated: April - 29 - 2026
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