Melinda Muller
REALTOR®, CRS, CLHMS, CSP
BEDS2
BATHS
SQUARE FEET1,456
MLS#7020596
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONAVENEL PARK
SCHOOLPhoenix Union High School District
Property 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 assets appeal.Ideal for investors seeking a stabilized income property with clear value-add and development upside in one of Phoenixs fastest-growing submarkets
Property Features
Property Type: Residential - Single Family
Cooling: Other
Fenced: Yes
Heating: Other
Lot Size: 0.22 Acres
Roof Type: Composition
Stories: 1.0
Taxes: $2,769
Year Built: 1930
Feature Descriptions
Assoc. Fee Includes: No Fees
Days on Site: 51
Exterior: Other
Laundry: Other
Property Sub Type: Single Family Residence
Water: Public
Local Schools
High School: Camelback High School
Middle School: The Creighton Academy
Elementary School: Loma Linda Elementary School
School District: Phoenix Union High School District
Listed By / Shown By
Listed By
Agency Name: DeLex Realty
Agency Phone: 602-910-3002
Shown By
Agent Name: Melinda Muller
Agent Phone: (480) 980-5213
Agency Title: Arizona Best Real Estate
Estimate Your Payment
Estimated Payment
$ 1,527.13 per month $1,146.17 Principal & Interest $230.75 Property Tax $150.21 Homeowner's InsuranceChange Payment Information
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1652 E Indianola Avenue | MLS# 7020596
This single family home located at 1652 E Indianola Avenue, Phoenix, AZ 85016 is currently listed for sale with an asking price of $515,000. This property was built in 1930 and has 2 bedrooms with 1456 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 mmuller.arizonabest.com today.