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Four-Unit Quadplex with Basements
For Sale
$825,000

1721 Woodruff Place Cross Drive, Indianapolis, IN 46201

Residential Income, Indianapolis, IN

Property SizeContact for details
Lot Size0.37 Acres
Days on Market49

Property Features for 1721 Woodruff Place Cross Drive

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Exterior features Storage Shed
Subdivision Woodruff Place
Lot features Corner Lot, Sidewalks, Trees- Small ( Under 20 Ft)
Elementary school district Indianapolis Public Schools
Middle school district Indianapolis Public Schools
High school district Indianapolis Public Schools
Directions GPS Friendly
Standard status Active
APN 491006168033000101
Lot size 0.37 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description WOODRUFF PL L30
Legal Description WOODRUFF PL L30

Utilities

Cooling system Separate Meters

Building Details

Year built 1950
Floors in Building 1
Number of units 4
Building materials Brick
Architectural style Ranch
Additional Structures Storage
Listing Agency: United Real Estate Indpls
Listed By: Benjamin Claghorn · License #RB14045889
Added: Jul 22 Changed: Aug 28 Last Checked: Sep 8 at 10:06AM
MLS# 22115720

Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This four-unit quadplex, built in 1950, is arranged as a row of connected residential units with ranch-style construction and brick exteriors. Each residence provides 900sq ft on the main level, with two bedrooms, one full bath, and an additional 900sq ft unfinished basement. The units have been updated over time and include separate cooling meters. A storage shed and outdoor space are also part of the property.

The property is located at 1721-1727 Woodruff Place Cross Drive in Indianapolis, with access to the Bottleworks District and Mass Ave within a short distance. The 0.37-acre site currently has no HOA or party wall agreement, and the units may be separated and sold individually.

Key Highlights

  • Four residential units arranged in a row
  • Each unit includes 900sq ft on the main level and an additional 900sq ft unfinished basement
  • Two bedrooms and 1 full bath per unit

Property Analytics

Current Use

Quadplexes

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,030
Businesses Nearby

Demographics for 46201, IN

31,408
Population
17,145
Households
1.8
Avg Household Size
34
Median Age
26%
College-Educated
78%
High-School Grad
5.6 sq mi
ZIP Area
5,609
Density / Sq Mi
$43,183
Median Household Income
$36,951
Median Earnings
$929
Median Rent
$150,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Updated four-unit property with two-bedroom layouts, one full bath per unit, and additional unfinished basement space.
Where is this quadplex located?
The property is located at 1721 Woodruff Place Cross Drive Indianapolis, IN.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Four residential units arranged in a row; Each unit includes 900sq ft on the main level and an additional 900sq ft unfinished basement; Two bedrooms and 1 full bath per unit
More about this property
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