2145 W INDIANOLA Avenue, Phoenix, AZ 85015, Phoenix, 85015 - 3 bed, 2 bath
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Phoenix, AZ 85015
This Proven Income-Producing Residence is a Strong Value Opportunity, listed at $479,000—positioned well below the $509,819 Fair Market Value by 6%. This valuation gap secures $30,819 in Instant Equity. Boasting a Condition Rating of 2, the home features a Heated Pebble Tec Pool, New Roof (2024), and Granite Countertops. Located near Maie Bartlett Heard School, this property generates $65,000+ in annual short-term rental income. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, high-yield asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2145 W INDIANOLA Avenue Subject | $459,000* List Price | 3 | 2 | 1,530 | $300 | - |
A 2139 W WHITTON Avenue Sold | $438,505 | 3 | 2 | 1,472 | $298 | 0.2 mi |
B 2233 W FLOWER Street Sold | $345,000 | 3 | 2 | 1,340 | $257 | 0.4 mi |
C 1702 W INDIAN SCHOOL Road Sold | $413,000 | 4 | 2 | 1,591 | $260 | 0.6 mi |
D 1941 W MITCHELL Drive Sold | $396,400 | 3 | 2 | 1,200 | $330 | 0.3 mi |
E 1941 W Mitchell Drive Sold | $396,400 | 3 | 2 | 1,200 | $330 | 0.3 mi |
F 3007 N 21ST Avenue Sold | $420,000 | 3 | 2 | 1,302 | $323 | 0.6 mi |
G 3152 N 24TH Drive Active | $377,000 List Price | 4 | 2 | 1,441 | $262 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite its 1951 build date, the property has undergone extensive renovations within the last five years, including a new roof (2024), HVAC (2020), and pool equipment (2024). The interior features modern updates such as contemporary cabinetry, granite countertops in the kitchen and bathrooms, 20-inch tile flooring, and brand-new carpet and paint (2026), meeting the criteria for a fully renovated, high-quality home with no deferred maintenance.
The property is a high-performing short-term rental with a documented history of over $65,000 in annual income, offering a turnkey opportunity for investors.
Major high-ticket items have been recently updated, including a new roof (2024), HVAC system (2020), and premium heated Pebble Tec pool equipment (2024), significantly reducing near-term maintenance costs.
Ideally situated within 20 minutes of Downtown Phoenix, Sky Harbor Airport, and the Camelback Corridor, providing excellent accessibility for both residents and guests.
Built in 1951, the home may have underlying structural or utility limitations typical of mid-century construction that renovations might not fully address.
The assigned public schools have relatively low ratings (3 and 4), which could be a drawback for owner-occupants prioritizing high-performing educational districts.
Enjoy a seamless move-in experience in this beautifully updated home, which is available FULLY FURNISHED at no additional cost. Relax in your private, year-round oasis featuring a HEATED PEBBLE TEC POOL with top-of-the-line Pentair equipment (2024) and a professional patio misting system. This meticulously maintained home offers ultimate peace of mind with major high-ticket upgrades, including a NEW ROOF (2024), NEW HVAC (2020), and fresh interior/exterior paint. The modern interior shines with granite countertops, contemporary cabinetry, brand-new carpet in all bedrooms, along with a new modern patio door and updated front entry. A versatile flex room provides the perfect space for a home office, gym or playroom. Perfectly situated in a prime central hub near the Camelback Corrid Downtown, and the upcoming Metropolitan redevelopment, this home combines luxury, location, and long-term value. With every detail handled by prideful local owners, you can truly just bring your toothbrush and move right in!
No exterior & parking available.
Grades PK-8 • 0.8 mi
Grades K-8 • 2.1 mi
Grades 9-12 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,530 | 1,474.5 | 54% |
| Lot Size | 6,604 | 7,640.5 | 12% |
| Price | $459.0K | $370.0K | 73% |
| Price per sq ft | $300 | $264 | 65% |
| Built year | 1951 | 1951 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 72 | 994 | 1% |
Apr 21, 2026
$459,000
$479,000
-4% Price Drop
Initial Listing
Feb 13, 2026
$479,000
Initial Listing