Due to the emerging demand for IoT applications, indoor positioning became an invaluable task. We propose a novel lightweight deep learning solution to the indoor positioning problem based on noise and dimensionality reduction of MIMO Channel State Information (CSI). Based on preliminary data analysis, the magnitude of the CSI is selected as the input feature for a Multilayer Perceptron (MLP) neural network. Polynomial regression is then applied to batches of data points to filter noise and reduce input dimensionality by a factor of 14. The MLP’s hyperparameters are empirically tuned to achieve the highest accuracy. The proposed solution is compared with a state-of-the-art method presented by the authors who designed the MIMO antenna that is used to generate the dataset. Our method yields a mean error which is 8 times less than that of its counterpart. We conclude that the arithmetic mean and standard deviation misrepresent the results since the errors follow a log- normal distribution. The mean of the log error distribution of our method translates to a mean error as low as 1.5 cm.