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8623 W Indianola Avenue

Phoenix, AZ 85037
  • $400,000
  • STATUS: Active
  • ON SITE: 17 Days
  • MLS #: 6854455
$400,000
  • 4
    BEDS
  • 0.16
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,710
    SQFT
  • $234
    $/SQFT
Neighborhood:
Arizona Homes No. 2
Type:
Single-Family Home
Built:
1972
County:
Maricopa
Area:
Phoenix

School Information

School Ratings & Info

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.

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Arizona Regional MLS logo© 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Patty LaBenske | eXp Realty. Data last updated 2025-05-20T00:12:58.133.
www.phoenixonlinehomesearch.com/homes/163263045
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8623 W Indianola Avenue Phoenix, AZ 85037

  • Price: $400,000
  • Status: Active
  • On Site: 17 Days
  • MLS #: 6854455
4
Beds
2
Baths
0
½ Baths
0.16
Acres
1,710
SQFT
$234
$/SQFT
1972
Built
Neighborhood:
Arizona Homes No. 2
County:
Maricopa
Area:
Phoenix
Elementary School:
Desert Horizon Elementary School
Middle School:
Desert Horizon Elementary School
High School:
Copper Canyon High School
Property 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.
Exterior Features

Architectural Style [] Attached Garage YN No Carport Spaces 0 Construction Materials StuccoPaintedBlock Covered Spaces 2 Exterior Features RV Hookup Fencing Block Horse Amenities [] Horse YN No Lot Features Gravel/Stone FrontGravel/Stone Back Open Parking Spaces 2 Other Structures [] Parking Features RV Access/ParkingRV GateGarage Door Opener Pool Features Diving PoolPrivate Pool Private YN Yes Road Responsibility [] Roof Composition Spa Features None View []

Interior Features

Basement [] Basement YN No Bedroom Split Yes Bedrooms Plus 4 Common Walls [] Cooling Both Refrig & EvapCeiling Fan(s) Cooling YN Yes Fireplace Features 1 Fireplace Fireplace YN Yes Heating ElectricNatural Gas Heating YN Yes Interior Features Eat-in Kitchen3/4 Bath Master BdrmLaminate Counters Laundry Features [] Range Oven Electric Yes Separate Den Office YN No Window Features Dual Pane

Property Features

Accessibility Features [] Association Fee Includes No Fees Association YN No Auction No Builder Name Unknown Community Features [] Current Financing [] Disclosures Agency Discl ReqSeller Discl Avail Flood Zone TBD Flooring Tile Green Energy Efficient [] Green Water Conservation [] Land Lease YN No Listing Terms CashConventionalFHAVA Loan North South Exposure Yes Ownership Fee Simple Ownership Fractional YN No PADFee YN2 No PADFee2 0 Possible Use [] Property Attached YN No Property Condition [] Property Sub Type Single Family Residence Security Features [] Sewer Public Sewer Special Listing Conditions N/A Special Listing Conditions None Yes Tax Annual Amount 985 Tax Year 2024 Total Monthly Fee 0 Utilities [] Water Source City Water

Arizona Regional MLS logo Listing provided by Realty ONE Group: .


Arizona Regional MLS logo© 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Patty LaBenske | eXp Realty. Data last updated 2025-05-20T00:12:58.133.
 
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Patty LaBenske | eXp Realty
14301 N. 87th St. Suite 215
Scottsdale AZ, 85260