Investor/developer opportunity in the heart of Phoenix. This remodeled 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
For sale
Price cut: $10K (5/15)
$515,000
1652 E INDIANOLA Avenue, Phoenix, AZ 85016
2beds
1,456sqft
:
Get pre-qualified$3,068/mo
Single Family Residence
Built in 1930
9,541 Square Feet Lot
$-- Zestimate®
$354/sqft
$-- HOA
What's special
- 104 days |
- 108 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Jodi Wilcox 480-577-5866,
Delex Realty
Source: ARMLS,MLS#: 7020596

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Other
Cooling
- Other
Appliances
- Laundry: Other
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,456
- Total interior livable area: 1,456 sqft
Property
Parking
- Total spaces: 3
- Parking features: Carport, Open
- Carport spaces: 1
- Uncovered spaces: 2
Features
- Stories: 1
- Spa features: None
- Fencing: Other
Lot
- Size: 9,541 Square Feet
- Features: None
Details
- Parcel number: 11929014
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
- Attached to another structure: Yes
Materials
- Other
- Roof: Composition
Condition
- Year built: 1930
Utilities & green energy
- Sewer: Public Sewer
- Water: City Water
Community & HOA
Community
- Subdivision: AVENEL PARK
HOA
- Has HOA: No
- Services included: No Fees
Location
- Region: Phoenix
Financial & listing details
- Price per square foot: $354/sqft
- Tax assessed value: $405,300
- Annual tax amount: $2,769
- Date on market: 4/14/2026
- Cumulative days on market: 91 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/15/2026 | Price change | $515,000-1.9%$354/sqft |
Source: | ||
| 4/29/2026 | Listed for sale | $525,000+218.2%$361/sqft |
Source: | ||
| 3/5/2020 | Listing removed | $1,399$1/sqft |
Source: One Way Homes, LLC Report a problem | ||
| 1/28/2020 | Price change | $1,399-3.5%$1/sqft |
Source: One Way Homes, LLC Report a problem | ||
| 1/14/2020 | Price change | $1,450-3.3%$1/sqft |
Source: One Way Homes, LLC Report a problem | ||
| 12/10/2019 | Listed for rent | $1,499$1/sqft |
Source: One Way Homes, LLC Report a problem | ||
| 4/26/2019 | Sold | $165,000-7.3%$113/sqft |
Source: | ||
| 2/28/2019 | Listed for sale | $178,000$122/sqft |
Source: Homelife Professionals #5857017 Report a problem | ||
| 2/18/2019 | Pending sale | $178,000$122/sqft |
Source: Homelife Professionals #5857017 Report a problem | ||
| 1/2/2019 | Listed for sale | $178,000$122/sqft |
Source: Homelife Professionals #5857017 Report a problem | ||
| 12/26/2018 | Pending sale | $178,000$122/sqft |
Source: Homelife Professionals #5857017 Report a problem | ||
| 12/13/2018 | Listed for sale | $178,000+17.1%$122/sqft |
Source: Homelife Professionals #5857017 Report a problem | ||
| 10/18/2018 | Sold | $152,000+2%$104/sqft |
Source: | ||
| 9/28/2018 | Listed for sale | $149,000$102/sqft |
Source: HomeSmart #5824816 Report a problem | ||
| 9/28/2018 | Pending sale | $149,000$102/sqft |
Source: HomeSmart #5824816 Report a problem | ||
| 9/25/2018 | Listed for sale | $149,000+258.2%$102/sqft |
Source: HomeSmart #5824816 Report a problem | ||
| 4/29/2011 | Sold | $41,600-7.3%$29/sqft |
Source: Public Record Report a problem | ||
| 4/13/2011 | Price change | $44,900-10%$31/sqft |
Source: foreclosure.com Report a problem | ||
| 3/5/2011 | Price change | $49,900-20.7%$34/sqft |
Source: foreclosure.com Report a problem | ||
| 11/20/2010 | Price change | $62,910+319.4%$43/sqft |
Source: Fannie Mae #4527440 Report a problem | ||
| 10/23/2010 | Price change | $15,000-78.5%$10/sqft |
Source: Auction.com #4527440 Report a problem | ||
| 10/22/2010 | Price change | $69,900+366%$48/sqft |
Source: Fannie Mae #4527440 Report a problem | ||
| 10/10/2010 | Price change | $15,000-78.5%$10/sqft |
Source: Auction.com #4527440 Report a problem | ||
| 8/21/2010 | Price change | $69,900-17.7%$48/sqft |
Source: Fannie Mae #4527440 Report a problem | ||
| 7/18/2010 | Listed for sale | $84,900-39.8%$58/sqft |
Source: Fannie Mae #4527440 Report a problem | ||
| 5/12/2010 | Sold | $141,001-14.5%$97/sqft |
Source: Public Record Report a problem | ||
| 6/11/2007 | Sold | $165,000+73.9%$113/sqft |
Source: Public Record Report a problem | ||
| 10/16/2001 | Sold | $94,900+29.3%$65/sqft |
Source: Public Record Report a problem | ||
| 2/26/2001 | Sold | $73,407$50/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,769 +3.9% | $40,530 -5.4% |
| 2024 | $2,665 +1.2% | $42,830 +130.4% |
| 2023 | $2,634 +4.1% | $18,593 -32.9% |
| 2022 | $2,531 +53.4% | $27,720 +11.8% |
| 2021 | $1,650 +0.7% | $24,800 +35.4% |
| 2020 | $1,639 +2.1% | $18,320 +14.8% |
| 2019 | $1,605 | $15,960 +1.7% |
| 2018 | $1,605 +4% | $15,700 +30.1% |
| 2017 | $1,543 +124.2% | $12,070 +52.8% |
| 2016 | $688 +10.5% | $7,900 +19.5% |
| 2015 | $623 | $6,610 +22.4% |
| 2014 | -- | $5,400 +58.8% |
| 2013 | -- | $3,400 -36.7% |
| 2012 | -- | $5,370 -11.7% |
| 2011 | -- | $6,080 -42% |
| 2010 | -- | $10,480 -26% |
| 2009 | -- | $14,160 +6.5% |
| 2008 | -- | $13,300 +19.3% |
| 2007 | -- | $11,150 +26.7% |
| 2006 | -- | $8,800 |
| 2005 | -- | $8,800 +22.2% |
| 2004 | -- | $7,200 |
| 2003 | -- | $7,200 +26.3% |
| 2002 | -- | $5,700 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Camelback East
Nearby schools
GreatSchools rating
- 3/10Loma Linda Elementary SchoolGrades: PK-8Distance: 0.5 mi
- 2/10North High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- Elementary: Loma Linda Elementary School
- Middle: The Creighton Academy
- High: Camelback High School
- District: Creighton Elementary District
Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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