625 Woodruff Place Middle Drive Indianapolis, IN $ 520,000
625 Woodruff Place Middle Drive
$ 520,000
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625 Woodruff Place Middle Drive

Indianapolis, IN, 46201
$ 520,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 3,592

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Multi-Family Home for sale in Indianapolis, IN

for $520,000. This home was built in 1900 on a lot size of 0.23.

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.

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Multi-Family Active

Price

$ 520,000

Property Type

Multi-Family

Taxes

$ 8,916

Style

Traditional

Lot Size

0.23

Year Built

1900

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22089333

Features
General
Heating Forced Air
Cooling Central Air Wall Unit(s)
Possession Subject To Tenant Rights
Garage Spaces 2
Architectural Style Traditional
Security Features Smoke Detector(s)
Construction Materials Wood Siding
Year Built 1900
Tenant Pays Cable TV Electricity
Township Center
Property Subtype Quadruplex
Tax Year 2024
Current Use Apt<20
County Marion
New Construction N
Property Type Residential Income
Subdivision Name Woodruff Place
Status Active
Directions GPS Friendly
City Indianapolis
High School District Indianapolis Public Schools
Number Of Units Total 4
MLS Area 4910 - Marion - Center
Lot Size Square Feet 10200
Standard Status Active
Tax Lot 101
Legal Description Woodruff Pl N 1/2 60Ft N Of 20Ft S Side L76
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Exterior
Parking Features Detached
Lot Features Access Curbs Sidewalks Mature Trees
Lot Size Acres 0.23
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Interior
Basement (Y/N) Y
Laundry Features No Laundry Facil.
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* Excluded Features
List By
F.C. Tucker Company

Broker

sarah.fishburn@talktotucker.com

Email

Affordability Calculator

$4,335
Per Month
83%
17%
0%
Monthly Principal & Interest
$3,592
Monthly Property Taxes
$743
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.
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Nearby
4044905 Elementary School
4044909 Middle School
Unknown High School High School
Pricing History
Date Price Price Change Description
3/16/2026 $520,000 Listed Price

Map


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625 Woodruff Place Middle Drive, Indianapolis, IN, 46201 is a Multi-Family Home for sale at $520,000 with a lot size of 0.23. 625 Woodruff Place Middle Drive has 0.0 baths and was built in 1900. The property's zip code is 46201 which is in Indianapolis, IN