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$515,000 Sale Pending

  • For Sale
  • Pending
  • Single Family
  • 4 Beds
  • 2 Full Baths
  • 0.22 Acres
  • Updated 7 days ago
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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.

Full Property Details for 1652 E Indianola Ave

General

  • Price: $515,000
  • Taxes: $2,769 (2025)
  • Status: Pending
  • Type: Single Family
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 7020596
  • Updated: 8/18/2026
  • Added to Site: 118 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 4

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
5/15/2026
Price Reduced
$515,000
-1.9%
MLS
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.

Be ready to buy your new home!

with our affiliated lender
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 Single Family property with 4 bedrooms and 2 full bathrooms. 1652 E Indianola Avenue is currently listed for $515,000 and was received on April 29, 2026. Want to learn more about 1652 E Indianola Avenue? Do you have questions about finding other Single 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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