Well-maintained, tenant-occupied bungalow with numerous updates and great investment potential. Key improvements include a new sewer line (2019), new roof (2021), new window blades (2024), gravel around the foundation (2024), and a brand-new water heater (2025). The home features a fenced yard, detached 1-car garage, and plenty of outdoor space. Inside, the alcove off the living room provides an ideal spot for a home office. Relax on the front porch and enjoy the neighborhood atmosphere. The basement serves as a utility area but offers over 900 square feet of potential storage. Currently leased to a long-term tenant (since 2019) paying $1,050/month, with the lease ending May 31, 2026. This property presents excellent value as either a primary residence or an income-generating investment property. It is being sold as-is.
Active
Price cut: $5K (9/4)
$155,000
41 N Drexel Ave, Indianapolis, IN 46201
3beds
2,359sqft
Est.:
Residential, Single Family Residence
Built in 1913
5,227.2 Square Feet Lot
$-- Zestimate®
$66/sqft
$-- HOA
What's special
Fenced yardFront porchGravel around the foundationNew window bladesNew roofBrand-new water heater
- 58 days |
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