$520,000

625 Woodruff Place Middle Drive, Indianapolis, IN 46201

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon10,019sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 17 days ago

Property Description

Investor opportunity in the beautiful historic Woodruff Place! This 4-unit multifamily property is being offered for sale individually or as part of a rare portfolio opportunity that includes four additional nearby buildings, all in Woodruff. This allows investors the chance to acquire multiple assets within one of Indianapolis' most desirable historic neighborhoods. All units are currently leased, providing immediate income and stable cash flow. The property has seen several recent improvements, including remodels to all 4 units, new mini split in Unit 4, new forced AC in Unit 3, new kitchens, bathrooms, new water heater, new sump pump and value-add potential. Located just minutes from downtown Indianapolis, this property benefits from the charm, walkability, and strong rental demand that Woodruff Place is known for. Whether purchased individually or as part of the larger portfolio, this is a rare opportunity to invest in a historic neighborhood with consistent rental demand and long-term upside.

Listing Status:
Active
Data Last Updated:
April 2, 2026 at 4:19PM
Listing Office:
F.C. Tucker Company : 317-989-5613
Listing Agent:
Sarah Fishburn : 317-989-5613
MLS ID:
22089333
  • Laundry: No Laundry Facil.
  • A/C: Central AirWall Unit(s)
  • Heating: Forced Air
  • Style: Traditional
  • Parking: Detached
  • General: Traditional
  • Originating MLS: mibor
  • School District: Indianapolis Public Schools
  • County: Marion
  • Zoning: Woodruff Pl N 1/2 60Ft N Of 20Ft S Side L76491006168255000101
  • Current Use: Apt<20
  • Source: mibor

This listing courtesy of Sarah Fishburn , F.C. Tucker Company

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

T

Thomas D. Gregg Elementary School 15

2302 E Michigan St, Indianapolis, IN, 46201

Grades PK-6

0.33 miles away

H

H. L. Harshman Magnet Middle School

1501 E 10th St, Indianapolis, IN, 46201

Grades 7-8

0.38 miles away

A

Arsenal Technical High School

1500 E Michigan St, Indianapolis, IN, 46201

Grades 9-12

0.36 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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