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About This Home
This 3-bedroom, 2-bathroom single family at 1656 E INDIANOLA Avenue in Phoenix, AZ is listed for $585,000 ($369 per sqft). Built in 1944, the home offers 1,584 sqft of living space on a 0.26 acres lot.
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!
Key Features
- Built in 1944
- 0.26 acre lot
Property Details
Amenities
Monthly Cost Estimate
$3,129/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1656 E INDIANOLA Avenue
Phoenix, AZ 85016
AVENEL PARK
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Cooling
Appliances
Questions & Answers
This 3-bedroom, 2-bathroom single family at 1656 E INDIANOLA Avenue is listed at $585,000 ($369/sqft). The estimated monthly payment is $2,535 based on 20% down at 6.5% interest.
Key features include: Built in 1944, 0.26 acre lot. Interior Features: Double Vanity, Eat-in Kitchen, Pantry.
This property is listed by Jodi Wilcox and can be reached at 4805775866 or jodisellmyhome@gmail.com.
