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 youre 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, youll enjoy close proximity to some of the citys best dining, shopping, and entertainment. DEVELOPERS WELCOME!
Listed By
Agency Name: DeLex Realty
Agency Phone: 602-910-3002
Shown By
Agency Title: Arizona Best Real Estate
Agency Phone: 480-948-4711
Estimated Payment
$ 1,697.50 per month $1,301.96 Principal & Interest $224.92 Property Tax $170.63 Homeowner's Insurance
1656 E Indianola Avenue | MLS# 7020588
This single family home located at 1656 E Indianola Avenue, Phoenix, AZ 85016 is currently listed for sale with an asking price of $585,000. This property was built in 1944 and has 3 bedrooms with 1584 sq. ft. E Indianola Avenue is located in the AVENEL PARK subdivision within the Phoenix Union High School District school district. Search AVENEL PARK real estate on www.arizonabest.com today.