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1656 E Indianola Ave, Phoenix, AZ 85016

$535,000
  • 3

    bed

  • 2

    bath

  • 1,584

    Sqft ($338/Sqft)

House for sale 129 days
$50K price drop
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About 1656 E Indianola Ave

Property type House
Neighborhood
Year built 1944
HOA fee $0/month
Lot size 0.26 Acre
Rental estimate
Property 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!
Listed by
Listing Agent - Jodi Wilcox
Listing Office - DeLex Realty
Source: ARMLS mls logo
MLS#7020588 • last updated 4 days ago
Movoto checked ARMLS for data 8 minutes ago
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Overview
Cooling/AC Central Air
Heating Other
Levels/Style 1
MLS # 7020588
Type Residential
Status Active
SubType Single Family Residence
SqFt 1584
Lot Size (Acres) 0.26
Lot Size (Sqft) 11286
Property Tax 2699
Builder Name Unknown
Year Built 1944
Interior
Total # of Bathrooms 2
# Full Baths 2
Total # of Bedrooms 3
Laundry Inside
Flooring Vinyl
Interior Features Double Vanity, Eat-in Kitchen, Pantry, 3/4 Bath Master Bdrm, Laminate Counters
Appliances Dryer, Washer, Refrigerator, Built-in Microwave, Dishwasher, Disposal
Window Features Screens
Exterior
Roof Composition
Construction Other, Block
# of Carport Spaces 2
# of Open Parking Spaces 2
# of Covered Spaces 2
Fencing Chain Link, Wood
Lot Features Dirt Front, Dirt Back
Amenities / Utilities
Water Source City Water
Sewer/Septic Public Sewer
Spa None
HOA Fee Includes No Fees
Location
Subdivision AVENEL PARK
Elementary School Loma Linda Elementary School
Elementary School District Creighton Elementary District
Middle School The Creighton Academy
High School District Phoenix Union High School District
High School Camelback High School
APN 119-29-012-A
Directions Go East To 17th Street, Go South To Indianola, Go West To Property.
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Have a question about this property? Call us at (844) 430-0869
2/10
Loma Linda Elementary School
public Grades PK, K-8
Creighton Elementary District
3/10
North High School
public Grades 9-12
Phoenix Union High School District
8/10
Phoenix Coding Academy
public Grades 9-12
Phoenix Union High School District
Source: GreatSchools.org © 2026. All rights reserved.

Around Camelback East

Explore everything this neighborhood has to offer.
View homes for sale in 85016, AZ
60/100
Walk
62/100
Family
92/100
Dining
97/100
Pet
  • Real Estate
  • AZ
  • Maricopa County
  • Phoenix
  • 85016
  • 1656 E Indianola Ave

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