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MLS# 6944044 – 6201 W Indianola Avenue, Phoenix, AZ 85033

$485,000 - 8Br/Ba - for Sale in Maryvale Terrace 4 Amd, Phoenix
Price: $485,000
Beds: 8
Living Area SqFt: 2,459
Status: Active
Property Type: Single Family Residence
Lot Size Acres: 0.18
Lot Size SqFt: 7,732
Year Built: 1958
Neighborhood: Maryvale Terrace 4 Amd
Days on Website: 165

Courtesy of My Home Group Real Estate

Property 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. 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.

Open House

Property Details and Features

  • Appliances & Equipment
  • “Refrigerator”
  • “Built-in Microwave”
  • “Dishwasher”
  • “Disposal”
  • Bathrooms
  • 3 total bathrooms
  • Bedrooms
  • 8 total bedrooms
  • Building
  • Built in 1958
  • Architectural style: “Ranch”
  • Living area: 2459
  • Construction materials: “Painted”, “Block”
  • Cooling
  • “Central Air”
  • “Ceiling Fan(s)”
  • Exterior Features
  • “Storage”
  • Fence
  • “Block”
  • Floors
  • “Concrete”
  • Heating
  • “Electric”
  • Home Owner’s Association
  • Association fee includes: “No Fees”
  • Interior Features
  • “Non-laminate Counter”
  • “High Speed Internet”
  • “Breakfast Bar”
  • Laundry
  • “Inside”
  • “Wshr/Dry HookUp Only”
  • Listing
  • Listing ID: 6944044
  • Standard status: Active
  • 166 days on market
  • Location
  • Subdivision name: MARYVALE TERRACE 4 AMD
  • Lot
  • 0.18 acres
  • 7,732 sqft
  • “North/South Exposure”
  • “Dirt Front”
  • “Dirt Back”
  • Possession
  • “Close Of Escrow”
  • Roof
  • “Composition”
  • Schools
  • Elementary school: Sunset School
  • High school: Maryvale High School
  • High school district: Phoenix Union High School District
  • Sewer
  • “Public Sewer”
  • Taxes
  • Annual amount: $1,211
  • Lot: 5128

Property Map

$485,000 – 6201 W Indianola Avenue, Phoenix, AZ 85033

Street View

Nearby Schools

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This content last updated on April 21, 2026 2:22AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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