1 / 26

● For sale

$585,000

1656 E INDIANOLA Avenue, Phoenix, AZ 85016

AVENEL PARK · Maricopa County

3 beds 2 baths 1,584 sqft 0.26 acres Built 1944 $369 /sqft No HOA

48 days on market

What's special

No HOA

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!

Property details

Interior

Bedrooms

Bedrooms: 3

Bathrooms

Total Bathrooms: 2
Full Bathrooms: 2

Interior Features

3/4 Bath Master Bdrm
Double Vanity
Eat-in Kitchen
Pantry
Laminate Counters
Flooring: Vinyl
Window Features: Screens

Appliances

Dishwasher
Disposal
Refrigerator
Microwave
Washer
Dryer
Laundry Features: Inside

Heating and Cooling

Cooling Features: Central Air
Heating Features: Other

Other Interior

Stories: 1

Exterior

Exterior and Lot Features

Fencing: Wood, Chain Link

Land Info

Dirt Front
Dirt Back
Lot Size Acres: 0.26
Lot Size Square Feet: 11,286

Garage and Parking

Carport Spaces: 2

Community

Homeowners Association

Association: No
Association Fee Includes: No Fees

Neighborhood

Subdivision: AVENEL PARK

Listing

Other Property Info

Annual Tax Amount: $2,699
Source Listing Status: Active
County: Maricopa
Directions: go East to 17th Street, go South to Indianola, go West to property.
Property Subtype: Single Family Residence
Parcel Number: 119-29-012-A
Postal City: Phoenix
Listing Date: 4/14/2026
MLS#: 7020588

Features

Building and Construction

Total Square Feet Living: 1,584
Year Built: 1944
Property Age: 82
Construction Materials: Block, Other
Roof: Composition
Stories: 1
Living Area Source: Owner

Utilities

Water Source: Public

Contact Us

Ask a question or schedule a showing

Listed by Jodi Wilcox DeLex Realty

Listing updated: May 14, 2026

MLS#: 7020588

Data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of Arizona Regional Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.