6201 W INDIANOLA Avenue, Phoenix, AZ 85033
$499,000
Property Type:
Residential
Bedrooms:
8
Baths:
3
Square Footage:
2,459
Lot Size (sq. ft.):
7,732
Status:
Active
Current Price:
$499,000
Last Modified:
1/05/2026
Description
Welcome to an exceptional opportunity for group home, sober living, and assisted living home operators! This fully-furnished 8 bedroom/3 bathroom residence is tailor-made for your next turnkey investment venture. Recently renovated, this property boasts thoughtful enhancements, including an expanded dining area featuring an additional refrigerator and cabinets, designed specifically to cater to increased bedroom capacity. Brand new 5 ton HVAC and ductwork installed 2023 which means proper and efficient airflow for every single bedroom. Currently, the individually leased bedrooms are commanding a total rental income of approximately $6000, yielding an impressive 10% cap rate.
Supplements: Detailed income and expense breakdowns are available upon inquiry through our dedicated listing agent. Convenience is key here, with parking space for up to 4 vehicles in the driveway and 4 exterior access points, creating an ideal setup for multiple tenants while ensuring ease of accessibility. Seize this opportunity to step into a thriving investment with a property that not only offers immediate returns but also holds vast potential for further growth and revenue. Don't miss outreach out to our listing agent today for comprehensive details and to explore the boundless potential of this income-generating gem.
More Information MLS# 6944044
Contract Information
Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No
List Price: $499,000
Status: Active
Current Price: $499,000
List Date: 2025-11-06
Location, Tax & Legal
Assessor's Map #: 35
Legal Description (Abbrev): LOT 5128 MARYVALE TERRACE 4 AMD MCR 007814
Assessor's Parcel #: 48
Tax Municipality: Phoenix
Taxes: 1211
House Number: 6201
Compass: W
Street Name: INDIANOLA
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85033
Zip4: 4140
County Code: Maricopa
Assessor Number: 103-35-048
Subdivision: MARYVALE TERRACE 4 AMD
Tax Year: 2024
General Property Description
Dwelling Styles: Detached
# of Interior Levels: 1
Full Bathrooms: 3
Half Bathrooms: 0
Approx SQFT: 2459
Price/SqFt: 202.93
Approx Lot SqFt: 7732
Approx Lot Acres: 0.178
Horses: N
Builder Name: Unknown
Lead Based Hazard Disclosure: Yes
Elementary School District: Cartwright Elementary District
High School District: Phoenix Union High School District
Elementary School: Sunset School
Jr. High School: Estrella Middle School
High School: Maryvale High School
Community Pool Y/N: No
Private Pool Y/N: No
Fireplace YN: No
Dwelling Type: Single Family Residence
Exterior Stories: 1
# Bedrooms: 8
Total Bathrooms: 3
Year Built: 1958
Legal Info
Range: 2E
Section: 30
Township: 2N
Lot Number: 5128
Special Listing Cond
N/A: 1
Construction
Block: 1
Const - Finish
Painted: 1
Roofing
Composition: 1
Association & Fees
HOA Y/N: N
PAD Fee Y/N: N
Land Lease Fee Y/N: N
Ttl Mthly Fee Equiv: 0
Showing Notification Methods
Showing Service: No Showing Service Used
Text: 1
Email: 1
Phone Call: 1
Lockbox Type
Supra: 1
Architecture
Ranch: 1
Master Bathroom
None: 1
Add'l Property Use
None: 1
Flooring
Concrete: 1
Dining Area
Breakfast Bar: 1
Dining in LR/GR: 1
Heating
Electric: 1
Kitchen Features
Dishwasher: 1
Disposal: 1
Built-in Microwave: 1
Non-laminate Counter: 1
Refrigerator: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Laundry
Washer Hookup: 1
Inside: 1
Basement
Basement Y/N: N
Other Rooms
Family Room: 1
Great Room: 1
Separate Den/Office
Sep Den/Office Y/N: N
Technology
Cable TV Avail: 1
High Speed Internet: 1
Fencing
Block: 1
Water Source
City Water: 1
Exterior Features
Covered Patio(s): 1
Patio: 1
Storage: 1
Spa
None: 1
Sewer
Sewer - Public: 1
Parking Spaces
Slab Parking Spaces: 4
Total Covered Spaces: 0
New Financing
Cash: 1
Conventional: 1
FHA: 1
Utilities
SRP: 1
Existing 1st Loan
Treat as Free&Clear: 1
Property Description
North/South Exposure: 1
Landscaping
Dirt Front: 1
Dirt Back: 1
Services
City Services: 1
Items Updated
Ht/Cool Yr Updated: 2023
Disclosures
Seller Discl Avail: 1
Agency Discl Req: 1
Possession
Close of Escrow: 1
Association Fee Incl
No Fees: 1
Assoc Rules/Info
None: 1
Remarks Misc
Cross Street: Indian School Rd & 61st Ave
Directions: South on 61st Ave, Right onto Indianola, home is on the left
Geo Lat: 33.492081
Geo Lon: -112.192764
Property Features
Special Listing Cond: N/A
Add'l Property Use: None
Architecture: Ranch
Master Bathroom: None
Flooring: Concrete
Spa: None
Dining Area: Breakfast Bar; Dining in LR/GR
Kitchen Features: Disposal; Dishwasher; Built-in Microwave; Refrigerator; Non-laminate Counter
Laundry: Washer Hookup; Inside
Other Rooms: Family Room; Great Room
Technology: Cable TV Avail; High Speed Internet
Exterior Features: Covered Patio(s); Patio; Storage
Construction: Block
Const - Finish: Painted
Roofing: Composition
Cooling: Central Air; Ceiling Fan(s)
Heating: Electric
Utilities: SRP
Water Source: City Water
Sewer: Sewer - Public
Services: City Services
Fencing: Block
Property Description: North/South Exposure
Landscaping: Dirt Front; Dirt Back
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: Supra
Possession: Close of Escrow
Association Fee Incl: No Fees
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; FHA; Conventional
Disclosures: Seller Discl Avail; Agency Discl Req
Listing Office:
My Home Group Real Estate
Last Updated: January - 05 - 2026
Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
