The Story

1652 East Indianola Avenue

Phoenix, AZ 85016 · Home

Investor/developer opportunity in the heart of Phx. This 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. Home needs repairs.


Facts & Features

Property Info

Price
$485,000
Completion Year
1,930
Living Space
1,456 sq ft
Floors
1
Bedrooms
4
Bathrooms
2

Features & Amenities

Roof

Composition

Water Source

City Water

Sewer

Public Sewer

Tell us where you are in your search

Interested in this, or something like it?

Yes, this is it

Share your contact information and a local real estate professional will contact you by phone, text, or email to help with your search.

Step 1 of 4

Not quite. Help me find the right one

Talk it through, or type it out. e.g. "4 bedrooms, walking distance to good schools, somewhere quiet near Phoenix, under $2.4M."

By continuing you agree to receive messages from Skoop. Privacy Policy and Terms.

Listing Broker

DeLex Realty

Broker Name

DeLex Realty

Agent

Jodi Wilcox