561 Drake Street, Indianapolis, IN 46202

Indianapolis
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
561 Drake Street,Indianapolis, IN 46202
$149,000
  • 3 Beds
  • 1 Baths
  • 963 sq. ft.
  • Single family
  • Active
Listed by: jasmine tracy
Office: bhb real estate group
MLS#:22133502
Source:IN_MIBOR | Licensed in Indiana

Price summary

  • Price:$149,000
  • Price per sq. ft.:$154.72

About this home

Great investment opportunity at 561 Drake Street! This 3-bedroom, 1-bathroom home is currently tenant-occupied, offering the potential for rental income from day one. The property features a fenced-in backyard and a convenient location near IU Health Hospital, IUPUI, and downtown Indianapolis. Whether you're looking to expand your rental portfolio or add an investment property to your holdings, this home offers a great opportunity in a convenient location. Don't miss your chance to invest in Indianapolis real estate!

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Home facts

  • Year built:1956
  • Subdivision & Development:Indianapolis Fall Creek
  • Listing ID #:22133502
  • Added:16 day(s) ago
  • Updated:November 14, 2026 at 03:50 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:1
  • Full bathrooms:1
  • Dining Description:Dining Combo/Kitchen
  • Kitchen Description:Refrigerator
  • Living area:963 sq. ft.

Heating and cooling

  • Cooling:Central Electric
  • Central air:Yes

Structure and exterior

  • Year built:1956
  • Building area:963 sq. ft.
  • Lot area:0.15 Acres
  • Architectural Style:Ranch

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$149,000
  • Price per sq. ft.:$154.72

Features and amenities

  • Appliances:Refrigerator
  • Amenities:Attic Access

Parking

  • Garage:Yes
  • Garage spaces:2
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