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!
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Listing Snapshot
Price
$167,000
Days On Site
0 Days
Bedrooms
3
Inside Area (SqFt)
1,008 sqft
Total Baths
2
Full Baths
1
Partial Baths
1
Lot Size
0.11 Acres
Year Built
1965
MLS® Number
22101414
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
React
Invite
Recent Activity
6 hours ago
Listing first seen on site
6 hours ago
Listing updated with changes from the MLS®
General Features
Acres
0.11
Foundation
Block
Garage
Yes
Garage Spaces
1
Levels
One
Parking
Attached
Property Sub Type
Single Family Residence
SqFt Total
1008
Style
Ranch
Water Source
Public
Interior Features
Appliances
DisposalGas Water HeaterGas OvenRefrigerator
Cooling
Central Air
Flooring
Hardwood
Heating
Forced AirNatural Gas
Laundry Features
Main Level
Main Level Bedrooms
3
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Exterior Features
Construction Details
Aluminum SidingStone
Exterior
Fire Pit
Fencing
Partial
Lot Features
Corner Lot
Patio And Porch
Porch
Community Features
Horse Property
None
MLS Area
4910 - Marion - Center
School District
Indianapolis Public Schools
Township
Center
Schools
School District
Indianapolis Public Schools
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Keller Williams Indpls Metro N (317) 450-9202
Listings courtesy of Metropolitan Indianapolis Board of REALTORS® as distributed by MLS GRID. All information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All information is believed to be reliable but is not guaranteed and should be independently verified.
Based on information submitted to the MLS GRID as of 2026-05-20 10:34 PM UTC.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently reviewed
and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.