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$525,000 Just Listed

  • For Sale
  • Active
  • Townhouse
  • 2 Beds
  • 2 Full Baths
  • 0.22 Acres
  • Updated 6 days ago
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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

Full Property Details for 1652 E Indianola Ave

General

  • Price: $525,000
  • Taxes: $2,769 (2025)
  • Status: Active
  • Type: Townhouse
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 7020596
  • Updated: 4/29/2026
  • Added to Site: 6 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2

Other Rooms

  • Laundry: Other

Location

  • County: Maricopa
  • Township: 2N
  • Subdivision: AVENEL PARK
  • Cross Streets: 16th Street ns Indianola,

Community

  • Assoc. Fees Include: No Fees

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Other
  • Heating Type: Other

Utilities

  • Water: City Water

Structural Information

  • Exterior Const.: Other
  • Roof: Composition
  • Sq. Ft. Source: Assessor
  • Year Built: 1930

Lot Features

  • Lot Size (Acres): 0.22
  • Lot Size (Sq. Ft.): 9,541
  • Lot Size Source: Assessor
  • Lot Features: None

Financial Considerations

  • Tax Amount: $2,769
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Ownership: Fee Simple
  • Legal Description: AVENEL PARK
  • Property ID: 119-29-014
  • Range: 3E
  • Section: 27
  • Lot Number: 4

Listed by DeLex Realty

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Listing agent

— 1652 E Indianola Ave —

  • DeLex Realty

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 1652 E Indianola Ave

School Districts:Creighton Elementary District, Phoenix Union High School District
NameGradesDistance
Loma Linda Elementary School
2002 East Clarendon Avenue, Phoenix, AZ 85016
K-80.4 mi
North High School
1101 East Thomas Road, Phoenix, AZ 85014
9-121.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1652 E Indianola Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/29/2026
Listed
$525,000
218.18%
MLS
4/24/2019
Sold
$165,000
—
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 1652 E Indianola Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,769
—
$20,498
-51%
2025
$2,769
5%
$41,430
-3%
2023
$2,634
4%
$42,830
19%
2022
$2,531
—
$36,020
30%
2022
$2,531
-2%
$27,720
12%
2021
$2,592
57%
$24,800
35%
2020
$1,650
1%
$18,320
15%
2019
$1,639
2%
$15,960
2%
2018
$1,605
4%
$15,700
30%
2017
$1,543
109%
$12,070
53%
2016
$740
8%
$7,900
20%
2015
$688
10%
$6,610
22%
2014
$623
29%
$5,400
59%
2013
$483
—
$3,400
—
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 DeLex Realty

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1652 E Indianola Avenue, Phoenix, AZ 85016 (MLS# 7020596) is a Townhouse property with 2 bedrooms and 2 full bathrooms. 1652 E Indianola Avenue is currently listed for $525,000 and was received on April 29, 2026. Want to learn more about 1652 E Indianola Avenue? Do you have questions about finding other Townhouse real estate for sale in Camelback East? You can browse all Camelback East real estate or contact a Coldwell Banker agent to request more information.

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