41 N Drexel Avenue, Indianapolis, IN 46201

• 3 beds |
• 1 bath |
• 1,456 sqft

Property Description

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.

Listing Status:

Active

Listing Office:

MYL Realty, LLC : 317-544-8854

Listing Agent:

Ziyi Yang : 317-544-8854

MLS ID:

22057822

Interior

• General: High CeilingsWood Work PaintedHi-Speed Internet AvailblWalk-In Closet(s)
• Appliances: DryerGas Water HeaterElectric OvenRefrigeratorWasherWater HeaterRange Hood
• Laundry: Main LevelLaundry Room
• Basement: CellarUnfinished
• A/C: Central Air
• Heating: Forced AirNatural Gas
• Fireplace: Fireplaces: 0

Exterior

• General: Storage Shed
• Style: BungalowTraditional
• Other Structures: Covered
• Parking: Detached

Construction

• General: OneOne and One HalfBlock

Location

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

Lot

• Zoning: Eastern Heights Add L74491004106055000101
• Fencing: Fence Complete

Utilities

• Utilities: Cable ConnectedNatural Gas Connected
• Water: Public

Financial

• Source: mibor

This listing courtesy of Ziyi Yang, MYL Realty, LLC