4537 S Drexel Boulevard #203 | MLS #12677833

Listing provided courtesy of LPT Realty LLCMREDMLS# 12677833

Excellent investment opportunity in the beautiful and historic Drexel Boulevard corridor. This spacious 1-bedroom, 1-bath condominium features wood-finish flooring throughout, a cozy fireplace, large bathroom with dual vanities. The well-maintained building offers secure fob entry, an included exterior parking space, and low HOA dues. Currently tenant-occupied with an excellent long-term tenant paying $1,750 per month. The lease is in place through March 1, 2027, allowing the new owner to earn rental income from day one with stable, predictable cash flow already in place. A professionally maintained, turnkey investment opportunity ready to generate immediate income.

Source: MRED, MLS#: 12677833

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Property Type

Residential

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Tim Mason Team
Broker/Owner
RE/MAX Revolution
Cell 812-664-0845

Owning this Home

Estimated Monthly Cost

Price

Down Payment

$ %

Loan Length (years)

Interest Rate

* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 4537 S Drexel Boulevard #203

Schools

School data unavailable,
School data courtesy of LiveBy, Inc.

Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date	Event	Value
6/20/2026Source: MRED	Status Change	Active
6/15/2026Source: MRED	Added to Database	June 15, 2026
6/20/2022Source: MRED	Added to Database	January 27, 2022