1808 E INDIANOLA Avenue, Phoenix, AZ 85016, Phoenix, 85016 - 2 bed, 1 bath
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Phoenix, AZ 85016
This property presents a High-Potential Investment Opportunity with a List Price of $328,000—positioned well above the $258,118 Fair Market Value by -27%. While the current list price exceeds the estimated market value, the Large Lot Size and location within the Loma Linda Historical District provide a foundation for significant value-add. With a Condition Rating of 6, the structure requires extensive renovation, making it a strategic acquisition for Fix-and-Flip Investors or Contractors capable of executing a full-scale remodel or rebuild to capture long-term equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1808 E INDIANOLA Avenue Subject | $299,900* List Price | 2 | 1 | 1,138 | $255 | - |
A 2038 E CHEERY LYNN Road Pending | $315,000 List Price | 3 | 2 | 1,236 | $255 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1944 and described as a 'lovingly maintained original home,' this property is 80 years old with no recorded renovations, meeting the >50y no-reno criteria. The listing explicitly suggests a 'rebuild' opportunity and emphasizes the 'large lot' value. Images show an original 1940s pink-tile bathroom and outdated exterior cooling systems, indicating the structure is at the end of its functional life cycle.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7693, living area = 1138.
Situated in the desirable Loma Linda Historical District, this property offers long-term value stability and architectural prestige within a sought-after Phoenix neighborhood.
With a generous 7,693 sqft lot and a 'fix-up' status, the property provides an ideal canvas for investors or builders to remodel or rebuild and capture substantial equity.
The property is marketed as a fix-up opportunity, implying that significant capital investment will be necessary to address repairs and modernize the 1944 structure.
The assigned elementary school carries a low rating of 2/10, which may limit the property's appeal to families prioritizing high-performing educational districts.
BUY YOUR FIRST HOME!!!! OPPORTUNITY on a lovingly maintained original home in desirable Loma Linda HISTORICAL District. Plenty of possibilities. Ideal for buyer to ADD VALUE. LARGE lot. Easy access to Piestewa Freeway. PROPERTY IS DEFINITELY VERY LIVEABLE** NICE LOCATION provides AMPLE ROOM for improvement to bring your ideas to reality. --- LOOK -- NEW ROOF_NEW SWAMP COOLER_NEW GAS HOT WATER HEATER -New PLUMBING FROM HOUSE TO STREET too. SELLER READY TO SELL AND VACATE JULY 31
No exterior & parking available.
Grades PK-8 • 0.3 mi
Grades 9-12 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 1,138 | - |
| Lot Size | 7,693 | - |
| Price | $299.9K | $495.4K |
| Price per sq ft | $264 | $290 |
| Built year | 1944 | 0 |
| HOA | $0 | $0 |
| Days on market | 44 | 1260 |
Jul 3, 2026
$299,900
$328,000
-9% Price Drop
Initial Listing
Jun 9, 2026
$328,000
Initial Listing