$585,000
1656 E INDIANOLA Avenue, Phoenix, AZ 85016
MLS# 7020588 · AVENEL PARK
3
Beds
2
Baths
1,584
Sq Ft
$369
$/Sq Ft
1944
Year Built
11,286
Lot Sq Ft
About This Home
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!
Property Details
Have questions about this home?
Ask our AI assistant anything about this property
AI-powered · Does not constitute agency
Interested in this property?
Schedule a showing or request more information
Listed by Chat.RealEstate
Arizona Real Estate Brokerage
License CO721005000
Chat.RealEstate · License CO721005000 · Equal Housing Opportunity
AI interactions are informational only and do not constitute agency.