Investor/developer opportunity in the heart of Phx. This 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. Home needs repairs.
For sale
Price cut: $30K (8/31)
$485,000
1652 E INDIANOLA Avenue, Phoenix, AZ 85016
4beds
1,456sqft
Single Family Residence
Built in 1930
9,541 Square Feet Lot
$-- Zestimate®
$333/sqft
$-- HOA
What's special
Generously sized lot
- 133 days
- 218
- 18
Zillow last checked:
Listing updated:
Listed by:
Jodi Wilcox 480-577-5866,
DeLex Realty
Source: ARMLS,MLS#: 7020596
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- 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: $333/sqft
- Tax assessed value: $405,300
- Annual tax amount: $2,769
- Date on market: 4/30/2026
- Cumulative days on market: 120 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/31/2026 | Price change | $485,000-5.8%$333/sqft |
Source:  ARMLS #7020596 Report a problem | ||
| 8/26/2026 | Listed for sale | $515,000$354/sqft |
Source: ARMLS #7020596 Report a problem | ||
| 8/9/2026 | Pending sale | $515,000$354/sqft |
Source: ARMLS #7020596 Report a problem | ||
| 5/15/2026 | Price change | $515,000-1.9%$354/sqft |
Source: ARMLS #7020596 Report a problem | ||
| 4/29/2026 | Listed for sale | $525,000+218.2%$361/sqft |
Source: ARMLS #7020596 Report a problem | ||
| 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: ARMLS #5857017 Report a problem | ||
| 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: ARMLS #5824816 Report a problem | ||
| 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 | Listed for sale | $69,900-50.4%$48/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
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Neighborhood: Camelback East
Nearby schools
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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