Back to search
624 Woodruff Place Middle Drive Indianapolis, IN $ 1,000,000
Share Save
$ 1,000,000 Get more info
624 Woodruff Place Middle Drive
$ 1,000,000
Back to search
Share Save

624 Woodruff Place Middle Drive

Indianapolis, IN, 46201
$ 1,000,000
Bedrooms-- Baths-- Sq 8,617

Monthly Estimate*

$ 6,907

624 Woodruff Place Middle Drive, Indianapolis, IN 46201 - Image 1
624 Woodruff Place Middle Drive, Indianapolis, IN 46201 - Image 2
624 Woodruff Place Middle Drive, Indianapolis, IN 46201 - Image 3
624 Woodruff Place Middle Drive, Indianapolis, IN 46201 - Image 4
624 Woodruff Place Middle Drive, Indianapolis, IN 46201 - Image 5
624 Woodruff Place Middle Drive, Indianapolis, IN 46201 - Image 6
624 Woodruff Place Middle Drive, Indianapolis, IN 46201 - Image 7
624 Woodruff Place Middle Drive, Indianapolis, IN 46201 - Image 8
624 Woodruff Place Middle Drive, Indianapolis, IN 46201 - Image 9
624 Woodruff Place Middle Drive, Indianapolis, IN 46201 - Image 10
624 Woodruff Place Middle Drive, Indianapolis, IN 46201 - Image 11
624 Woodruff Place Middle Drive, Indianapolis, IN 46201 - Image 12
624 Woodruff Place Middle Drive, Indianapolis, IN 46201 - Image 13
624 Woodruff Place Middle Drive, Indianapolis, IN 46201 - Image 14
624 Woodruff Place Middle Drive, Indianapolis, IN 46201 - Image 15

Commercial Property for sale in Indianapolis, IN

for $1,000,000. This 8,617 square foot building was built in 1900 on a lot size of 0.31.

Investor opportunity in the beautiful historic Woodruff Place! This 9-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 new sewer, new boiler, new water heater, updates to bathrooms in 616, new interior paint in 4 units offering a mix of updated living spaces 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.

See more
Commercial Active

Price

$ 1,000,000

Property Type

Commercial

Taxes

$ 18,616

Style

Multi Family

Lot Size

0.31

Year Built

1900

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22088937
Features
General
Heating Hot Water
Cooling Window Unit(s)
Utilities Cable Connected Electricity Connected Natural Gas Connected Water Connected
Possession Closing
Zoning D5
Architectural Style Other
Construction Materials Wood Brick
Year Built 1900
Tenant Pays Cable TV Electricity Insurance
Township Center
Levels Two
Property Subtype Multi Family
Tax Year 2024
Current Use Apt<20
Building Name WOODRUFF PLACE
County Marion
New Construction N
Property Type Commercial Sale
Status Active
Directions GPS Friendly
High School Arsenal Technical High School
City Indianapolis
High School District Indianapolis Public Schools
Number Of Units Total 9
MLS Area 4910 - Marion - Center
Lot Size Square Feet 13600
Structure Type Apartment Building
Standard Status Active
Tax Lot 101
Legal Description Woodruff Pl L75
See more
Exterior
Lot Features Access Curbs Sidewalks Street Lights Mature Trees
Building Area Total 8617
Lot Size Acres 0.31
See more
Interior
Basement (Y/N) Y
Laundry Features Common Laundry
See more
* Excluded Features
List By
F.C. Tucker Company

Broker

sarah.fishburn@talktotucker.com

Email

Affordability Calculator

$8,458
Per Month
82%
18%
0%
Monthly Principal & Interest
$6,907
Monthly Property Taxes
$1,551
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
4044905 Elementary School
4044909 Middle School
Arsenal Technical High School High School
See complete school information
Pricing History
Date Price Price Change Description
3/16/2026 $1,000,000 Listed Price

Map

More homes like this one

homes for you

See all
See all

624 Woodruff Place Middle Drive, Indianapolis, IN, 46201 is a Commercial Property for sale at $1,000,000 with 8,617 sqft and a lot size of 0.31. 624 Woodruff Place Middle Drive was built in 1900. The property's zip code is 46201 which is in Indianapolis, IN

Get more info