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$520,000 -

625 Woodruff Place Middle Drive Indianapolis IN 46201

-
Bedrooms
-
Baths
N/A
SQ. Feet
(Above Ground)
0.23
Acres

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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Property Details

Price: $520,000 Previously: $520,000 Originally: $520,000 Bathrooms: 0.00 MLS #: 22089333 Year Built: 1900 Township: Center Type: Residential Income Zip Code: 46201 City: Indianapolis Subdivision: Woodruff Place County: Marion School District: Indianapolis Public Schools

Interior Features

Interior Features:
  • Cooling: Central Air, Wall Unit(s)
  • Heating: Forced Air

Exterior Features

Exterior Features:
  • Setting / Lot Description: Access, Curbs, Sidewalks, Mature Trees
  • # Acres: 0.23

Listing Office: F.c. Tucker Company

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All information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All Information believed to be reliable but not guaranteed and should be independently verified. © 2026 MIBOR Broker Listing Cooperative®. All rights reserved.

Listing information last updated on March 20th, 2026 at 7:58pm EDT.

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