1731 S Drexel Avenue, Indianapolis, IN 46203

• 3 beds |
• 2 baths |
• 1,008 sqft

Property Description

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!

Listing Status:

Active

Data Last Updated:

May 21, 2026 at 12:20AM

Listing Office:

Keller Williams Indpls Metro N : 317-450-9202

Listing Agent:

Peter Stewart : 317-450-9202

MLS ID:

22101414

Interior

• General: Attic Pull Down StairsPaddle FanHardwood Floors
• Appliances: DisposalGas Water HeaterGas OvenRefrigerator
• Laundry: Main Level
• A/C: Central Air
• Heating: Forced AirNatural Gas
• Fireplace: Fireplaces: 0

Exterior

• General: Fire PitStorage Shed
• Style: Ranch
• Other Structures: Porch
• Parking: Attached

Construction

• General: OneBlock

Location

• Originating MLS: mibor
• School District: Indianapolis Public Schools
• County: Marion

Lot

• Zoning: Roundtree Park 1st Sec L8491016117016000101
• Fencing: Partial

Utilities

• Water: Public

Financial

• Source: mibor