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$585,000 Just Listed
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Property Description
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!
Full Property Details
Full Property Details for 1656 E Indianola Ave
General
- Price: $585,000
- Taxes: $2,699 (2025)
- Status: Active
- Type: Single Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7020588
- Updated: 4/29/2026
- Added to Site: 3 day(s) ago
Interior
- Interior Features: Double Vanity, Eat-in Kitchen, Pantry, 3/4 Bath Master Bdrm, Laminate Counters
- Appliances: Dryer, Washer, Refrigerator, Built-in Microwave, Dishwasher, Disposal
- Flooring: Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Inside
Location
- County: Maricopa
- Township: 2N
- Subdivision: AVENEL PARK
- Cross Streets: 16th Steet and Indian School,
Community
- Assoc. Fees Include: No Fees
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Other
Utilities
- Water: City Water
Structural Information
- Exterior Const.: Other, Block
- Roof: Composition
- Windows: Screens
- Sq. Ft. Source: Owner
- Year Built: 1944
Lot Features
- Lot Size (Acres): 0.26
- Lot Size (Sq. Ft.): 11,286
- Lot Size Source: Assessor
- Lot Features: Dirt Front, Dirt Back
Financial Considerations
- Tax Amount: $2,699
- Tax Year: 2025
- Terms: Cash, FannieMae (HomePath), Conventional, FHA, VA Loan
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: AVENEL PARK MCR 22-2 LOT 2 BLK 2 TOG W/TH PT N 5F INDEPENDENCE ST (AKA INDIANOLA AVE)LY BTWN TH SLY
- Property ID: 119-29-012-A
- Range: 3E
- Section: 27
- Lot Number: 2
Listed by DeLex Realty
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Schools
Schools serving 1656 E Indianola Ave
School Districts:Creighton Elementary District, Phoenix Union High School District
| Name | Grades | Distance |
|---|---|---|
Loma Linda Elementary School 2002 East Clarendon Avenue, Phoenix, AZ 85016 | K-8 | 0.4 mi |
North High School 1101 East Thomas Road, Phoenix, AZ 85014 | 9-12 | 1.2 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 1656 E Indianola Ave
Date
Details
Price
Change
Source
4/29/2026
Listed
$585,000
225%
MLS
1/15/2020
Sold
$180,000
—
Public Record
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
Tax History for 1656 E Indianola Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,699
—
$19,985
-56%
2025
$2,699
5%
$45,200
-3%
2023
$2,568
4%
$46,720
19%
2022
$2,467
—
$39,310
612%
2022
$2,467
-2%
$5,520
-78%
2021
$2,528
3%
$24,760
11%
2020
$2,466
56%
$22,370
40%
2019
$1,583
2%
$15,970
3%
2018
$1,550
4%
$15,470
33%
2017
$1,491
35%
$11,660
-3%
2016
$1,106
7%
$12,080
14%
2015
$1,029
10%
$10,570
29%
2014
$936
31%
$8,180
62%
2013
$717
—
$5,050
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1656 E Indianola Ave
1656 E Indianola Avenue, Phoenix, AZ 85016 (MLS# 7020588) is a Single Family property with 3 bedrooms and 2 full bathrooms. 1656 E Indianola Avenue is currently listed for $585,000 and was received on April 29, 2026. Want to learn more about 1656 E Indianola Avenue? Do you have questions about finding other Single Family 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.

