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$499,000
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Property Description
Welcome to an exceptional opportunity for group home, sober living, and assisted living home operators! This fully-furnished 8 bedroom/3 bathroom residence is tailor-made for your next turnkey investment venture. Recently renovated, this property boasts thoughtful enhancements, including an expanded dining area featuring an additional refrigerator and cabinets, designed specifically to cater to increased bedroom capacity. Brand new 5 ton HVAC and ductwork installed 2023 which means proper and efficient airflow for every single bedroom. Currently, the individually leased bedrooms are commanding a total rental income of approximately $6000, yielding an impressive 10% cap rate. Detailed income and expense breakdowns are available upon inquiry through our dedicated listing agent. Convenience is key here, with parking space for up to 4 vehicles in the driveway and 4 exterior access points, creating an ideal setup for multiple tenants while ensuring ease of accessibility. Seize this opportunity to step into a thriving investment with a property that not only offers immediate returns but also holds vast potential for further growth and revenue. Don't miss outreach out to our listing agent today for comprehensive details and to explore the boundless potential of this income-generating gem.
Full Property Details
Full Property Details for 6201 W Indianola Ave
General
- Price: $499,000
- Taxes: $1,211 (2024)
- Status: Active
- Type: Single Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6944044
- Updated: 1/5/2026
- Added to Site: 71 day(s) ago
Interior
- Interior Features: High Speed Internet, Breakfast Bar
- Flooring: Concrete
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 8
Other Rooms
- Laundry: Wshr/Dry HookUp Only
Exterior
- Exterior Features: Storage
Location
- County: Maricopa
- Township: 2N
- Subdivision: MARYVALE TERRACE 4 AMD
- Cross Streets: Indian School Rd & 61st Ave
Community
- Assoc. Fees Include: No Fees
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Electric
Utilities
- Water: City Water
Structural Information
- Architectural Style: Ranch,
- Exterior Const.: Painted, Block
- Roof: Composition
- Sq. Ft. Source: Assessor
- Year Built: 1958
Lot Features
- Lot Size (Acres): 0.18
- Lot Size (Sq. Ft.): 7,732
- Lot Size Source: Assessor
- Lot Features: North/South Exposure, Dirt Front, Dirt Back
Financial Considerations
- Tax Amount: $1,211
- Tax Year: 2024
- Terms: Cash, Conventional, FHA
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: LOT 5128 MARYVALE TERRACE 4 AMD MCR 007814
- Property ID: 103-35-048
- Range: 2E
- Section: 30
- Lot Number: 5128
Listed by My Home Group Real Estate
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Schools
Schools serving 6201 W Indianola Ave
School Districts:Cartwright Elementary District, Phoenix Union High School District
| Name | Grades | Distance |
|---|---|---|
Sunset School, Phoenix, AZ 6602 West Osborn Road, Phoenix, AZ 85033 | K-5 | 0.5 mi |
Desert Sands Academy of Mass Communication & Journalism 6308 West Campbell Avenue, Phoenix, AZ 85033 | 6-8 | 0.8 mi |
Maryvale High School 3415 North 59th Avenue, Phoenix, AZ 85033 | 9-12 | 0.5 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 6201 W Indianola Ave
Date
Details
Price
Change
Source
11/10/2025
Price Reduced
$499,000
-0.2%
MLS
11/07/2025
Listed
$500,000
16.28%
MLS
4/04/2024
Sold
$430,000
—
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 6201 W Indianola Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,245
3%
$29,500
3%
2024
$1,211
7%
$28,630
-9%
2023
$1,131
6%
$31,370
22%
2022
$1,062
—
$25,810
33%
2022
$1,062
-2%
$19,460
13%
2021
$1,084
6%
$17,180
8%
2020
$1,023
5%
$15,930
15%
2019
$976
-4%
$13,830
7%
2018
$1,020
5%
$12,970
23%
2017
$973
5%
$10,560
14%
2016
$929
8%
$9,230
17%
2015
$857
-3%
$7,910
50%
2014
$881
23%
$5,270
39%
2013
$718
—
$3,780
—
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 6201 W Indianola Ave
6201 W Indianola Avenue, Phoenix, AZ 85033 (MLS# 6944044) is a Single Family property with 8 bedrooms and 3 full bathrooms. 6201 W Indianola Avenue is currently listed for $499,000 and was received on November 07, 2025. Want to learn more about 6201 W 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.

