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$535,000
Listing Price2beds
2.5baths
1,584sqft
11,286sqft lot
1656 E Indianola Ave, Phoenix, AZ 85016
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
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.nThe 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.nPositioned 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!
Interior Details
1584
2
2.5
Has Heating:
Yes
Heating Type:
Forced Air With Air Conditioning
Has Cooling:
Yes
Cooling Type:
Refrigerator
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
11286
No
No
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
N/A
Block Painted
N/A
N/A
Asphalt
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2020
$2,465
$4,470
$17,900
--%
$22,370
2019
$1,582
$3,190
$12,780
--%
$15,970
2018
$1,550
$3,090
$12,380
--%
$15,470
2017
$1,490
$2,330
$9,330
--%
$11,660
2016
$1,106
$2,410
$9,670
--%
$12,080
2014
$936
$1,630
$6,550
--%
$8,180
2013
$716
$1,010
$4,040
--%
$5,050
2012
$1,100
$1,530
$6,120
--%
$7,650
Average Home Price in 85016
Nearby Properties
Zip Code
Price
Bed
Bath
Sqft
Lot
Sold Date
$449,117
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-- Beds
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Sold 05/05/2026
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2 Beds
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11,286 Lot (sqft)
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Sold 10/18/2026
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1,551 Sqft
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Sold 10/13/2026
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Sold 10/13/2026
$388,947
$388,947
-- Beds
1 Baths
1,546 Sqft
5,946 Lot (sqft)
Sold 10/17/2026





