$553,000
2124 W Red Bird Road
Phoenix, Arizona 85085
4
2
2,174
Single Family · For Sale
1652 E Indianola Avenue
Phoenix, Arizona 85016
$485,000
Bedrooms
4
Bathrooms
2
Sq Ft
1,456
Year Built
1930
About this home
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.
Where this home sits
What would my payment be?
Pre-filled with current rates and local property tax — adjust any field to see your actual monthly cost.
Estimated monthly payment
$2,924/mo
- Principal & interest
- $2,581
- Property tax
- $251
- Insurance
- $92
Estimate only — actual payment depends on credit, lender, and taxes/insurance verified at close. Not a loan offer.
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Listing data provided by Arizona Regional Multiple Listing Service (ARMLS). IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified.