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6201 W Indianola Avenue, 
Phoenix, AZ 85033

$500,000


8

Beds


3

Baths


2,459

Sq Ft


Single Family

Active

Listed by

Belinda W Li

My Home Group Real Estate

480-685-2760

Last updated:

November 7, 2025, 05:00 PM

MLS#

6944044

Source:

ARMLS

About This Home

6201 W Indianola Avenue

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.

Home Facts

Single Family

3 Baths

8 Bedrooms

Built in 1958

Price Summary

500,000

$203 per Sq. Ft.

MLS #:

6944044

Last Updated:

November 7, 2025, 05:00 PM


Rooms & Interior

Bedrooms

Total Bedrooms:

8

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

2,459 Sq. Ft.


Structure

Structure

Architectural Style:

Ranch

Building Area:

2,459 Sq. Ft.

Year Built:

1958


Lot

Lot Size (Sq. Ft):

7,732


Finances & Disclosures

Finances

Price:

$500,000

Price per Sq. Ft:

$203 per Sq. Ft.

Source:ARMLS
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.