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$485,000
4 Beds ⋅ 2 Baths ⋅ 7020596 MLS ⋅ Avenel Park SubDv. ⋅ ACTIVE Status
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.

1652 E Indianola Avenue, Phoenix
$535,000
3 Beds ⋅ 2 Baths ⋅ 7020588 MLS ⋅ Avenel Park SubDv. ⋅ ACTIVE Status
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!

1656 E Indianola Avenue, Phoenix
$499,900
2 Beds ⋅ 1 Baths ⋅ 6812612 MLS ⋅ Avenel Park SubDv. ⋅ CLOSED Status
Rare Opportunity! Welcome to this highly upgraded home with historic charm and modern finishes in Central Phoenix. Comfortable living space features wood look flooring and designer fireplace mantel. Kitchen is bright and clean with quartz countertops and new stainless-steel appliances. Primary bedroom feels luxurious with vaulted ceilings, built-in cabinets and walk-in closet. Enjoy the clawfoot bathtub perfect for relaxing. Large backyard with RV gates. Guest house/casita with private entry, new flooring, kitchen and walk-in shower could be used as an AirBnB rental. Location provides quick access to Route-51 Piestewa Freeway, Madison Park and Biltmore. This home is move-in ready and there's NO HOA. Tour this home today!

1696 E Amelia Avenue, Phoenix

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