1731 S Drexel Avenue, Indianapolis, IN 46203
Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
Listed by: peter stewart
Office: keller williams indpls metro n
MLS#:22101414
Source:IN_MIBOR
Price summary
- Price:$167,000
- Price per sq. ft.:$165.67
About this home
1731 S Drexel Ave offers a move-in-ready opportunity for both owner-occupants and investors in a quiet residential neighborhood less than 5 miles southeast of downtown Indianapolis. This single-level ranch features 3 bedrooms, 1.5 baths, 1,008 sq ft, an attached 1-car garage, and a flat corner lot with a storage shed for added convenience. Recent updates include fresh interior paint, beautifully refinished hardwood floors in the living room, hallway, and bedrooms, professional deep cleaning including the windows, exterior trim painting, and more. The home offers a practical, efficient layout with a light-filled living room, dedicated dining area, galley-style kitchen with white cabinetry, new stainless steel gas stove, refrigerator, and dishwasher. The primary bedroom connects to the laundry area and half bath, creating a functional en-suite setup, while the full bath is easily accessible from the bedroom hallway. Central heat and air conditioning add everyday comfort. For owner-occupants, this is an affordable, move-in-ready home ideal for first-time buyers or those seeking easy single-level living. For investors, it is a turnkey rental with strong rent potential-Rentometer shows average area rent around $1,579, nearly achieving the coveted 1% rule-with additional upside through cosmetic kitchen/bath updates and exterior improvements such as fully enclosing the side and backyard. No HOA!...
Contact an agent
Home facts
- Year built:1965
- Listing ID #:22101414
- Added:1 day(s) ago
- Updated:May 20, 2026 at 11:47 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:1
- Half bathrooms:1
- Flooring:Hardwood Floors
- Dining Description:Dining Combo/Living Room
- Kitchen Description:Disposal, Gas Oven, Refrigerator
- Living area:1,008 sq. ft.
Heating and cooling
- Cooling:Central Electric
- Heating:Forced Air
- Central air:Yes
Structure and exterior
- Year built:1965
- Building area:1,008 sq. ft.
- Lot area:0.11 Acres
- Lot Features:Corner Lot, Mature Trees
- Architectural Style:Ranch
- Construction Materials:Aluminum Siding, Stone
- Exterior Features:Fire Pit, Storage Shed
- Foundation Description:Block
Utilities
- Water:Public Water
Finances and disclosures
- Price:$167,000
- Price per sq. ft.:$165.67
Features and amenities
- Appliances:Refrigerator
- Amenities:Attic Pull Down Stairs
Parking
- Garage:Yes
- Garage spaces:1
New listings near 1731 S Drexel Avenue
- New
$449,900Active3 beds 3 baths2,703 sq. ft.4534 Fairhope Drive, Indianapolis, IN 46237
MLS# 22089535Listed by: CENTURY 21 SCHEETZ - New
$189,900Active2 beds 2 baths1,037 sq. ft.1412 N Bosart Avenue, Indianapolis, IN 46201
MLS# 22102693Listed by: CITYPLACE REALTY - New
$322,500Active4 beds 3 baths2,098 sq. ft.8255 Lynn Drive, Indianapolis, IN 46237
MLS# 22102768Listed by: JEFF PAXSON TEAM - New
$75,000Active2 beds 1 baths804 sq. ft.3105 Walker Avenue, Indianapolis, IN 46203
MLS# 22103005Listed by: EXP REALTY LLC - New
$100,000Active-- beds -- baths909 N Ewing Street, Indianapolis, IN 46201
MLS# 22103018Listed by: EXP REALTY LLC - New
$50,000Active2 beds -- baths866 sq. ft.2042 E Adams Street, Indianapolis, IN 46218
MLS# 22103028Listed by: EXP REALTY LLC - New
$40,000Active0.11 Acres3626 N Kenwood Avenue, Indianapolis, IN 46208
MLS# 22103036Listed by: EXP REALTY LLC - New
$569,990Active5 beds 3 baths3,230 sq. ft.9935 Redwood Peak Lane, Indianapolis, IN 46259
MLS# 22103315Listed by: M/I HOMES OF INDIANA, L.P. - New
$504,990Active4 beds 3 baths2,964 sq. ft.9929 Redwood Peak Lane, Indianapolis, IN 46259
MLS# 22103345Listed by: M/I HOMES OF INDIANA, L.P. - New
$129,999Active3 beds 2 baths1,591 sq. ft.3728 N Dequincy Street, Indianapolis, IN 46218
MLS# 22103353Listed by: TOTALIS REAL ESTATE SOLUTIONS