608 Woodruff Place W Indianapolis, IN $ 485,000
608 Woodruff Place W
$ 485,000
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608 Woodruff Place W

Indianapolis, IN, 46201
$ 485,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 3,350

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View a Virtual Tour

Multi-Family Home for sale in Indianapolis, IN

for $485,000. This home was built in 1900 on a lot size of 0.31.

INVESTOR OPPORTUNITY - PRICED WELL BELOW APPRAISED VALUE! Located in historic Woodruff Place, this charming four-unit property offers an incredible opportunity for investors or owner-occupants looking to build equity and add value! Offering over 4,000 square feet, this property is filled with original character, featuring hardwood floors, beautiful Craftsman woodwork, and a covered front porch overlooking the neighborhood's picturesque fountain. Additional features include on-site laundry, tenant storage, four covered parking spaces, and a detached two-car garage. Live in one unit while renting out the other three, or maximize your investment potential by renting all four! With room to explore the possibility of a fifth unit, subject to zoning and city approval, the opportunities are exciting! Ready for updates and improvements, this property is priced to leave room for your vision. Conveniently located just minutes from downtown Indianapolis, dining, shopping, and entertainment. Bring your vision, build equity, and unlock the potential of this historic investment property!

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Multi-Family Active

Price

$ 485,000

Property Type

Multi-Family

Taxes

$ 25,000

Style

Quadruplex

Lot Size

0.31

Year Built

1900

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22132514

Features
General
Possession Closing
Garage Spaces 2
Year Built 1900
Township Center
Levels Two
Property Subtype Quadruplex
Tax Year 2025
Current Use Vacant
County Marion
New Construction N
Property Type Residential Income
Subdivision Name Woodruff Place
Possible Use Residential
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 13600
Carport Spaces 4
Property Attached Y/N Y
Current Financing Conventional FHA 203(k)
Property Condition Fixer
Additional Parcels Y/N N
Virtual Tour https://media.awpromedia.com/sites/rngxxoao/unbranded https://media.awpromedia.com/sites/608-woodruff-pl-w-dr-indianapolis-in-46201-30467052/branded
Structure Type Quadruplex
Standard Status Active
Tax Lot 13
Legal Description WOODRUFF PL L13
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Exterior
Exterior Amenities Water Feature Fountain Other
Fencing Partial Gate Perimeter Wrought Iron
Parking Features Carport Storage
Lot Features Access Curbs Sidewalks Mature Trees
Foundation Details Block
Lot Size Acres 0.31
Waterfront Y/N N
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Interior
Basement (Y/N) Y
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* Excluded Features
List By
Carpenter, Realtors®

Broker

dphoenix@callcarpenter.com

Email

Affordability Calculator

$5,433
Per Month
62%
38%
0%
Monthly Principal & Interest
$3,350
Monthly Property Taxes
$2,083
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
DatePricePrice ChangeDescription
11/3/2026$485,000 Listed Price

Map


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608 Woodruff Place W, Indianapolis, IN, 46201 is a Multi-Family Home for sale at $485,000 with a lot size of 0.31. 608 Woodruff Place W has 0.0 baths and was built in 1900. The property's zip code is 46201 which is in Indianapolis, IN