$585,000
Phoenix, AZ 85016
MLS# 7020588
3 beds | 2 baths
1 / 20
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!
Details
Maps
Contract Information
Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No
List Price: $585,000
Status: Active
Current Price: $585,000
List Date: 2026-04-14
Location, Tax & Legal
Assessor's Map #: 29
Legal Description (Abbrev): AVENEL PARK MCR 22-2 LOT 2 BLK 2 TOG W/TH PT N 5F INDEPENDENCE ST (AKA INDIANOLA AVE)LY BTWN TH SLY
Assessor's Parcel #: 12
Assessor Parcel Ltr: A
Tax Municipality: Phoenix
Taxes: 2699
House Number: 1656
Compass: E
Street Name: INDIANOLA
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85016
Zip4: 5960
Country: US
County Code: Maricopa
Assessor Number: 119-29-012-A
Subdivision: AVENEL PARK
Tax Year: 2025
General Property Description
Dwelling Styles: Detached
# of Interior Levels: 1
Full Bathrooms: 2
Half Bathrooms: 0
Approx SQFT: 1584
Price/SqFt: 369.32
Approx Lot SqFt: 11286
Approx Lot Acres: 0.259
Horses: N
Builder Name: Unknown
Lead Based Hazard Disclosure: Yes
Elementary School District: Creighton Elementary District
High School District: Phoenix Union High School District
Elementary School: Loma Linda Elementary School
Jr. High School: The Creighton Academy
High School: Camelback High School
Community Pool Y/N: No
Private Pool Y/N: No
Fireplace YN: No
Dwelling Type: Single Family Residence
Exterior Stories: 1
# Bedrooms: 3
Total Bathrooms: 2
Year Built: 1944
Legal Info
Range: 3E
Section: 27
Township: 2N
Lot Number: 2
Special Listing Cond
N/A: 1
Construction
Block: 1
Other: 1
Const - Finish
Other (See Remarks): 1
Roofing
Composition: 1
Association & Fees
HOA Y/N: N
PAD Fee Y/N: N
Land Lease Fee Y/N: N
Ttl Mthly Fee Equiv: 0
Showing Notification Methods
Showing Service: No Showing Service Used
Text: 1
Lockbox Type
Other: 1
Master Bathroom
3/4 Bath Master Bdrm: 1
Double Vanity: 1
Other (See Remarks): 1
Flooring
Vinyl: 1
Window Features
Screens: 1
Dining Area
Eat-in Kitchen: 1
Dining in LR/GR: 1
Other (See Remarks): 1
Heating
Other: 1
Kitchen Features
Dishwasher: 1
Disposal: 1
Laminate Counters: 1
Built-in Microwave: 1
Pantry: 1
Refrigerator: 1
Cooling
Central Air: 1
Laundry
Washer Included: 1
Dryer Included: 1
Inside: 1
Basement
Basement Y/N: N
Separate Den/Office
Sep Den/Office Y/N: N
Road Access Type
Alley: 1
Fencing
Wood: 1
Chain Link: 1
Water Source
City Water: 1
Spa
None: 1
Sewer
Sewer - Public: 1
Parking Spaces
Slab Parking Spaces: 2
Total Covered Spaces: 2
Carport Spaces: 2
New Financing
Cash: 1
VA: 1
Conventional: 1
FHA: 1
FannieMae (HomePath): 1
Utilities
APS: 1
Existing 1st Loan
Other (See Remarks): 1
Landscaping
Dirt Front: 1
Dirt Back: 1
Disclosures
Seller Discl Avail: 1
Agency Discl Req: 1
Possession
Subject To Tenant Rights: 1
Association Fee Incl
No Fees: 1
Assoc Rules/Info
None: 1
Remarks Misc
Cross Street: 16th Steet and Indian School,
Directions: go East to 17th Street, go South to Indianola, go West to property.
Geo Lat: 33.492629
Geo Lon: -112.045149
Property Features
Special Listing Cond: N/A
Master Bathroom: 3/4 Bath Master Bdrm; Double Vanity; Other (See Remarks)
Flooring: Vinyl
Window Features: Screens
Spa: None
Dining Area: Eat-in Kitchen; Dining in LR/GR; Other (See Remarks)
Kitchen Features: Disposal; Dishwasher; Built-in Microwave; Refrigerator; Pantry; Laminate Counters
Laundry: Washer Included; Dryer Included; Inside
Road Access Type: Alley
Construction: Block; Other
Const - Finish: Other (See Remarks)
Roofing: Composition
Cooling: Central Air
Heating: Other
Utilities: APS
Water Source: City Water
Sewer: Sewer - Public
Fencing: Wood; Chain Link
Landscaping: Dirt Front; Dirt Back
Showing Notification Methods: Text
Lockbox Type: Other
Possession: Subject To Tenant Rights
Association Fee Incl: No Fees
Existing 1st Loan: Other (See Remarks)
New Financing: Cash; VA; FHA; Conventional; FannieMae (HomePath)
Disclosures: Seller Discl Avail; Agency Discl Req
Listing Office: DeLex Realty
Last Updated: April - 29 - 2026
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