725 Woodruff Place Middle Drive Indianapolis, IN $ 750,000
725 Woodruff Place Middle Drive
$ 750,000
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725 Woodruff Place Middle Drive

Indianapolis, IN, 46201
$ 750,000
Bedrooms-- Baths-- Sq 7,162

Monthly Estimate*

$ 5,180

725 Woodruff Place Middle Drive, Indianapolis, IN 46201 - Image 1
725 Woodruff Place Middle Drive, Indianapolis, IN 46201 - Image 2
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725 Woodruff Place Middle Drive, Indianapolis, IN 46201 - Image 4
725 Woodruff Place Middle Drive, Indianapolis, IN 46201 - Image 5
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725 Woodruff Place Middle Drive, Indianapolis, IN 46201 - Image 8

Commercial Property for sale in Indianapolis, IN

for $750,000. This 7,162 square foot building was built in 1910 on a lot size of 0.24.

Investor opportunity in the beautiful historic Woodruff Place! This 7-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 Roof, 3 units renovated, 1 bathroom remodel in unit, new water heater, 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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Commercial Active

Price

$ 750,000

Property Type

Commercial

Taxes

$ 4,684

Style

Multi Family

Lot Size

0.24

Year Built

1910

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22089365

Features
General
Heating Forced Air
Cooling Separate Meters Window Unit(s)
Utilities Cable Connected Electricity Connected Natural Gas Connected
Possession Subject To Tenant Rights
Zoning D5
Garage Spaces 2
Architectural Style Traditional
Construction Materials Wood Siding
Year Built 1910
Tenant Pays Cable TV Electricity
Township Center
Levels Two
Property Subtype Multi Family
Tax Year 2024
Current Use Apt<20 Residential
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 7
MLS Area 4910 - Marion - Center
Lot Size Square Feet 10542
Standard Status Active
Tax Lot 101
Legal Description Woodruff Pl 110Ft W End L90
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Exterior
Parking Features Detached
Lot Features Access Corner Lot Sidewalks Street Lights Mature Trees
Building Area Total 7162
Lot Size Acres 0.24
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Interior
Basement (Y/N) Y
Laundry Features Common Laundry
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* Excluded Features
List By
F.C. Tucker Company

Broker

sarah.fishburn@talktotucker.com

Email

Affordability Calculator

$5,570
Per Month
93%
7%
0%
Monthly Principal & Interest
$5,180
Monthly Property Taxes
$390
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
Arsenal Technical High School High School
Pricing History
Date Price Price Change Description
3/16/2026 $750,000 Listed Price

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725 Woodruff Place Middle Drive, Indianapolis, IN, 46201 is a Commercial Property for sale at $750,000 with 7,162 sqft and a lot size of 0.24. 725 Woodruff Place Middle Drive was built in 1910. The property's zip code is 46201 which is in Indianapolis, IN