David & Diane Archibald IDC Global Agent

David & Diane Archibald

The Archibald Group
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1652 E INDIANOLA Avenue, Phoenix, AZ 85016 (Sold on )

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  • New Listing
  • Price Reduced
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  • PENDING UNDER CONTRACT
  • The seller has accepted an offer on this property.

 $525,000

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  • 2 BedBeds
  • 2 BathBaths
  • 1,456 SqftSqft
  • TypeCondo/Townhouse
  • Active
  • MLS# 7020596

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Property Description

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

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David & Diane Archibald

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Property Details 1652 E INDIANOLA Avenue, Phoenix, AZ 85016

General

  • MLS#: 7020596
  • Property Type: Condo/Townhouse
  • Property Sub Type: Gemini/Twin Home
  • List Date: 04/14/2026
  • Year Built: 1930
  • Subdivision: AVENEL PARK
  • County: Maricopa
  • Beds: 2
  • Full Bath: 2
  • Total Baths: 2
  • Tax Year: 2025
  • Annual Taxes: $2,769.00
  • Association Fee Includes: No Fees

Interior Features

  • Laundry: Other
  • Spa: None

Schools

  • Elementary: Loma Linda Elementary School
  • Middle or Junior: The Creighton Academy
  • High: Camelback High School
  • School District: Creighton Elementary District

Structure

  • Roof: Composition
  • Construction Type: Other

Size & Lot

  • Total Sq.Ft: 1,456
  • Acres: 0.22
  • Lot Size: 0.2200
  • Approx Lot SqFt: 9,541
  • Lot Features: None

Utilities

  • Cooling: Other
  • Heat Source: Other
  • Sewer: Public Sewer

Estimated Monthly Mortgage Calculator

This calculator is provided for informational purposes. You should not make any decisions based simply on the information provided. Values indicated are estimates and may not be accurate and are only to be used as a guide. This calculator should not be relied upon in any way as the sole source of information. Please consult your financial, tax or legal advisers for an accurate assessment of your mortgage payments and any advice relating to your personal circumstances.


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