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$1,999,999

  • For Sale
  • Active
  • Multi-Family
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Centrally located in Midtown Phoenix, the Indianola Townhomes (the property) is a 7 unit townhome community consisting of 2bed/1.5bath units. These units are professionally renovated with stainless steel appliances, shaker cabinets, and wood plank flooring. This income producing asset is a fantastic opportunity for an investor looking to acquire a stable property.

Full Property Details for 1504 E Indianola Ave

General

  • Price: $1,999,999
  • Taxes: $4,411 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 6925215
  • Updated: 12/19/2025
  • Added to Site: 112 day(s) ago

Interior

  • Appliances: Disposal, Dishwasher, Refrigerator, Built-In Electric Oven, Microwave, Washer/Dryer
  • Flooring: Carpet, Ceramic Tile, Vinyl

Parking

  • Parking Features: None

Location

  • County: Maricopa
  • Township: 2N
  • Subdivision: DUNDEE
  • Cross Streets: 15th Street and Indianola Ave

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Ceiling Fan(s), Electric, Individual
  • Heating Type: Individual, Ceiling

Utilities

  • Water: City Franchise

Structural Information

  • # Buildings: 1
  • Exterior Const.: Wood Frame, Painted, Stucco, Block
  • Roof: Foam, Rolled/Hot Mop
  • Year Built: 1981

Unit Information

  • Vacancy %: .05

Lot Features

  • Lot Dimensions: 63' x 315'
  • Zoning: R-3

Financial Considerations

  • Tax Amount: $4,411
  • Tax Year: 2024
  • Terms: Conventional
  • Owner Pays: Trash Collection, Water, Sewer

Disclosures and Reports

  • Legal Description: DUNDEE SUB MCR 10/5 LOT 1 EX N 180F & EX S 12.5F P/D 13963/902 & EX 12F RAD IN SW COR TH/OF
  • Property ID: 118-01-071
  • Range: 3E
  • Section: 28
  • Lot Number: 1

Listed by Orion Investment Real Estate

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— 1504 E Indianola Ave —

  • Orion Investment Real Estate

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1504 E Indianola Ave

School Districts:Osborn Elementary District, Phoenix Union High School District
NameGradesDistance
Longview Elementary School
1209 East Indian School Road, Phoenix, AZ 85014
PK-60.3 mi
Osborn Middle School
1102 West Highland Avenue, Phoenix, AZ 85013
7-82.5 mi
North High School
1101 East Thomas Road, Phoenix, AZ 85014
9-121 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1504 E Indianola Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/19/2025
Price Reduced
$1,999,999
—
MLS
9/26/2025
Listed
$2,000,000
33.33%
MLS
10/20/2023
Sold
$1,500,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1504 E Indianola Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,565
3%
$176,560
9%
2024
$4,411
4%
$162,230
—
2023
$4,261
1%
$161,870
25%
2022
$4,238
—
$129,680
29%
2022
$4,238
-2%
$100,280
20%
2021
$4,310
3%
$83,600
18%
2020
$4,201
5%
$70,630
11%
2019
$4,018
3%
$63,410
14%
2018
$3,885
9%
$55,760
25%
2017
$3,567
4%
$44,680
27%
2016
$3,441
8%
$35,220
10%
2015
$3,199
-3%
$32,100
5%
2014
$3,306
32%
$30,460
77%
2013
$2,497
—
$17,250
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Orion Investment Real Estate

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1504 E Indianola Avenue, Phoenix, AZ 85014 (MLS# 6925215) is a Multi-Family property with 7 units containing 0 bedrooms and 0 full bathrooms. 1504 E Indianola Avenue is currently listed for $1,999,999 and was received on September 26, 2025. Want to learn more about 1504 E Indianola Avenue? Do you have questions about finding other Multi-Family real estate for sale in Phoenix? You can browse all Phoenix real estate or contact a Coldwell Banker agent to request more information.

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