Courtesy of DeLex Realty, Jodi Wilcox Listing Contact: 480-577-5866
3 Beds
2 Baths
1,584 sqft
$535,000
1656 E INDIANOLA Avenue, Phoenix AZ, 85016
Price per sqft$337.75
Built in1944
Property size1,584 sqft
Property typeResidential
Overview
Active
Listed Apr 14, 2026
Updated Sep 1
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!
Additional information
- MLS® ID
- 7020588
Interior Features
- Bedrooms
- 3
- Bathrooms
- 2
- Cooling
- Yes
- Heating
- Yes
- Basement
- No
Exterior Features
- Lot Size
- 0.26 Acres
Other Property Details
- Taxes
- $2,699
- Tax Frequency
- Annually
- Municipality
- 2N
Courtesy of DeLex Realty, Jodi Wilcox
Listing Contact: 480-577-5866
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Data Last Updated: 4:44 AM UTC, 9/1/2026.
