$475,000
Phoenix, AZ 85033
MLS# 7054423
8 beds | 3 baths
1 / 42
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.
Details
Maps
Contract Information
List Price: $475,000
Status: Active
Current Price: $475,000
List Date: 2026-07-15
Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No
Location Tax Legal
House Number: 6201
Compass: W
Street Name: INDIANOLA
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85033
Zip4: 4140
Country: US
County Code: Maricopa
Assessor Number: 103-35-048
Subdivision: MARYVALE TERRACE 4 AMD
Tax Year: 2025
General Property Description
Dwelling Type: Single Family Residence
Dwelling Styles: Detached
Exterior Stories: 1
# of Interior Levels: 1
# Bedrooms: 8
Full Bathrooms: 3
Total Bathrooms: 3
Approx SQFT: 2459
Price/SqFt: 193.17
Horses: N
Builder Name: Unknown
Year Built: 1958
Lead Based Hazard Disclosure: Yes
Approx Lot SqFt: 7732
Approx Lot Acres: 0.178
Community Pool Y/N: No
Private Pool Y/N: No
Fireplace YN: No
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
Remarks Misc
Cross Street: Indian School Rd & 61st Ave
Directions: South on 61st Ave, Right onto Indianola, home is on the left
Geo Lat: 33.492084
Geo Lon: -112.192769
Legal Info
Township: 2N
Range: 2E
Section: 30
Lot Number: 5128
Basement
Basement Y/N: N
Items Updated
Ht/Cool Yr Updated: 2023
Parking Spaces
Slab Parking Spaces: 4
Showing Notification Methods
Showing Service: No Showing Service Used
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: July - 23 - 2026
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