8623 W INDIANOLA Avenue, Phoenix, AZ 85037

$400,000

Property Type: Residential Bedrooms: 4 Baths: 2 Square Footage: 1,710 Lot Size (sq. ft.): 6,793 Status: Active

Current Price: $400,000 List Date: 5/02/2025 Last Modified: 5/18/2025

Description

Rare Opportunity!!This spacious 5-bedroom, 2-bathroom home PLUS 2 additional outdoor bedrooms offers the perfect blend of comfort, function, and investment opportunity. Currently generating $3,500/month in rental income with all rooms occupied, this property is a turnkey cash-flowing gem! Step inside to find fresh interior paint, new dual-pane windows, and major upgrades including a new roof (2021) and HVAC system (2019)—providing peace of mind for years to come. The home boasts a private pool, a tranquil fountain out front, and tons of parking with a 2-car garage, RV gate that fits 3 vehicles, and 2 additional slab parking spaces. Whether you're an investor looking for a strong rental property or a multi-generational household needing extra space, this home checks all the boxes.

Open Houses

Sunday, May 18, 1:00 pm - 4:00 pm

More Information MLS# 6854455

Contract Information

Status Change Date: 2025-05-02 List Price: $400,000 Status: Active Current Price: $400,000 List Date: 2025-04-17 Type: Exclusive Right To Sell Ownership: Fee Simple Co-Ownership (Fractional) Agreement YN: No

Location Tax Legal

House Number: 8623 Compass: W Street Name: INDIANOLA St Suffix: Avenue City/Town Code: Phoenix State/Province: AZ Zip Code: 85037 Zip4: 2433 Country: US County Code: Maricopa Assessor Number: 102-23-222 Subdivision: ARIZONA HOMES NO. 2 Tax Year: 2024

General Property Description

Dwelling Type: Single Family Residence Dwelling Styles: Detached Exterior Stories: 1 # of Interior Levels: 1 # Bedrooms: 4 # Bathrooms: 2 Approx SQFT: 1710 Price/SqFt: 233.92 Horses: N Builder Name: Unknown Year Built: 1972 Lead Based Hazard Disclosure: Yes Approx Lot SqFt: 6793 Approx Lot Acres: 0.156 Flood Zone: TBD Pool: Private Only Elementary School District: Pendergast Elementary District High School District: Tolleson Union High School District Elementary School: Desert Horizon Elementary School Jr. High School: Desert Horizon Elementary School High School: Copper Canyon High School

Remarks Misc

Cross Street: 87th ave & Indian School Directions: South to Piccadilly, East to 86th Ln., South to Indianola Geo Lat: 33.49081 Geo Lon: -112.244695

Legal Info

Township: 2N Range: 1E Section: 27 Lot Number: 211

Basement

Basement Y/N: N

Items Updated

Ht/Cool Yr Updated: 2019 Ht/Cool Partial/Full: Full Roof Yr Updated: 2021 Roof Partial/Full: Full

Parking Spaces

Garage Spaces: 2 Slab Parking Spaces: 2 Total Covered Spaces: 2

Showing Notification Methods

Showing Service: Aligned Showings

Property Features

Special Listing Cond: N/A Master Bathroom: 3/4 Bath Master Bdrm Master Bedroom: Not Split Additional Bedroom: Other Bedroom Split Fireplace Features: 1 Fireplace Flooring: Tile Windows: Dual Pane Pool Features: Private; Diving Pool Spa: None Dining Area: Eat-in Kitchen Kitchen Features: Range/Oven Elec; Refrigerator; Laminate Counters Laundry: Dryer Included; In Garage Exterior Features: Covered Patio(s); RV Hookup Parking Features: Garage Door Opener; RV Access/Parking; RV Gate Construction: Block Const - Finish: Painted; Stucco Roofing: Composition Cooling: Both Refrig & Evap; Ceiling Fan(s) Heating: Electric; Natural Gas Utilities: SRP; SW Gas Water Source: City Water Sewer: Sewer - Public Fencing: Block Property Description: North/South Exposure Landscaping: Gravel/Stone Front; Gravel/Stone Back Lockbox Type: Combo Possession: By Agreement; Close of Escrow Association Fee Incl: No Fees Existing 1st Loan: Treat as Free&Clear New Financing: Cash; VA; FHA; Conventional Disclosures: Seller Discl Avail; Agency Discl Req

Listing Office: Realty ONE Group

Last Updated: May - 18 - 2025

8623 W INDIANOLA Avenue, Phoenix, AZ 85037 (MLS# 6854455)