1652 E INDIANOLA Ave, Phoenix, AZ 85016

Beds
2
Baths
2
Sqft
1,456

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Listed byDeLex Realty
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Overview

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

Location

Full feature list

Basic info

Property type
House
Number of stories
1
Number of bedrooms
2
Number of bathrooms
2
Square feet
1,456
Lot size (acres)
0.22
Year built
1930

Interior features

Laundry
Other

Exterior features

Horse amenities
Stable

Utilities

Heating
Other
Cooling
Other
Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount (2025)
$2,769

Public schools

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Sourced from: Arizona Regional Multiple Listing Service (ARMLS) MLS®#: 7020596 Last checked:

Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.