Property photo 1
Property photo 2
3 Beds
1 Bath
963 sqft

$155,000

561 Drake Street, Indianapolis IN, 46202

Price per sqft$160.96
Built in1956
Property size963 sqft
Property typeResidential
Courtesy of BHB Real Estate Group, Jasmine Tracy Listing Contact:

Overview

Active

Listed Oct 26, 2026

Updated 2 days ago

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!

$1,031/mo

Est. mortgage payment based on a $155,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
22133502

Interior Features

Bedrooms
3
Bathrooms
1
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.15 Acres

Other Property Details

Garage
Yes
Municipality
Center

Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor William Spencer Jr. shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS.

Based on information submitted to the MLS GRID as of 4:09 AM UTC on 10/31/2026. 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.

©2026 MIBOR Broker Listing Cooperative®. All rights reserved.

DMCA Notice

Powered by Luxury Presence