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$400,000

8623 W Indianola Ave Phoenix, AZ 85037

4 beds
2 baths
1,710 sqft
0.2 acres
$234 / sqft
House

Property details

About 8623 W Indianola Ave

Rare Opportunity!!This spacious 5-bedroom, 2-bathroom home PLUS 2 additional outdoor bedrooms offers the perfect blend of comfort, function, and investment opportunity. Currently generating $3,500/month in rental income with all rooms occupied, this property is a turnkey cash-flowing gem! Step inside to find fresh interior paint, new dual-pane windows, and major upgrades including a new roof (2021) and HVAC system (2019)—providing peace of mind for years to come. The home boasts a private pool, a tranquil fountain out front, and tons of parking with a 2-car garage, RV gate that fits 3 vehicles, and 2 additional slab parking spaces. Whether you're an investor looking for a strong rental property or a multi-generational household needing extra space, this home checks all the boxes.

Highlights

Home typeSingle Family Residence
HeatingElectric, Natural Gas
StatusActive
CoolingCeiling Fan(s)
Size1,710 sqft
Lot size0.16 Acres
Year built1972
ParkingRV Access/Parking, RV Gate, Garage Door Opener
MLS #6854455
Garage2 spaces
Fireplace1 Fireplace

Summary

  • Flooring Type: Tile
  • Interior: Eat-in Kitchen, 3/4 Bath Master Bdrm, Laminate Counters
  • Fireplace: 1 Fireplace
  • Total Bedroom Count: 4
  • Garage Space: 2 spaces
  • Parking: RV Access/Parking, RV Gate, Garage Door Opener
  • Exterior: RV Hookup
  • Heating: Electric, Natural Gas
  • Cooling: Ceiling Fan(s)
  • List Price: $400,000
  • Price/SqFt: $233
  • Annual Tax Amount: $1,002
  • Tax Year: 2024
  • Directions: South to Piccadilly, East to 86th Ln., South to Indianola
  • Year Built: 1972
  • Stories: 1
  • Living Area: 1,710 SqFt
  • Lot Size: 0.16 Acres
  • MLS Number: 6854455
  • MLS Name: Arizona Regional Multiple Listing Service 2
  • Office Name: Realty ONE Group
  • Office Phone: (602) 953-4000
  • Office Email: ron.copus@realtyonegroup.com
  • Listing Agent: Alexis Salcedo De Ruiz

IDX The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2025 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/15/2025, 8:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Feb 05, 2004
Home Sold
$131,500

Tax history

YearAssessmentProperty Tax
2024$31,450$1,002
2023$24,480$962
2022$19,500$925
2020$16,480$897
2019$14,480$836
2017$11,030$779

History based on county public records data.

Nearby schools

3

Tomahawk School

Public District KG-6

1.1 mi

7820 W Turney Ave

3

Manuel Pena Jr. School

Public District KG-6

1.3 mi

2550 N 79th Ave

2

G. Frank Davidson

Public District KG-6

2.0 mi

6935 W Osborn Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $46,420. Residents of Phoenix, AZ typically earn between $35k-100k each year. Residents typically live in married, with kids family. Most residents in this area have high school diploma education.

How much money do the neighbors make?

36%
<35k
56%
35k-100k
8%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

29%
Single, No Kids
24%
Single, with Kids
15%
Married, No Kids
32%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

23%
<11 yrs old
13%
12-17 yrs old
26%
18-34 yrs old
33%
35-64 yrs old
5%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • Ross Dress For LessRoss Dress For Less
  • Foot LockerFoot Locker
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Jack In The BoxJack In The Box
  • Little CaesarsLittle Caesars
  • White CastleWhite Castle

What do the neighbors drive?

  • NissanNissan
  • DodgeDodge
  • KiaKia

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 8623 W Indianola Ave

The listing price of 8623 W Indianola Ave property is $400,000.

The property 8623 W Indianola Ave is a house located in Phoenix, Arizona, 85037.

Active Listing: 8623 W Indianola Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 8623 W Indianola Ave are: Tomahawk School (GreatSchools Rating 3/10), Manuel Pena Jr. School (GreatSchools Rating 3/10), G. Frank Davidson (GreatSchools Rating 2/10), Desert Horizon Elementary School (GreatSchools Rating 2/10), Pendergast Elementary School (GreatSchools Rating 2/10), Starlight Park School (GreatSchools Rating 3/10), Pan-American Charter School (GreatSchools Rating 4/10), Premier Charter High School (GreatSchools Rating 5/10), Trevor G. Browne High School (GreatSchools Rating 2/10).

According to the records, the last property tax for 2024 is $1,002 (source: MLS/based on county public records data).

The last sale was on February 5, 2004 for $131,500 (source: MLS/tax record).

The property at 8623 W Indianola Ave has 4 bedrooms and 2 bathrooms.

The property 8623 W Indianola Ave is 1,710 SqFt (source: MLS/tax record).

The year of construction for 8623 W Indianola Ave is 1972.

This home is located at 8623 W Indianola Ave in Phoenix, AZ and zip code 85037 in the Arizona Homes neighborhood. This 1,710 square foot home, which was built in 1972, sits on a 0.16 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 2, 2025 and is currently priced at $400,000.

In June 2025, from all listings sold in Phoenix, AZ there were more than 188 sold above asking price, over 788 sold below and more than 341 were sold right at the asked price. The number of homes for sale in Phoenix, AZ decreased by 0.2% between May and June 2025. Listings spent 67 days on the market in June 2025, and had a median list price of $460,087 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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