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Duplex With Three-Car Garage
For Sale
$450,000

518 Woodruff Place East Dr, Indianapolis, IN 46201

Two-unit property with one vacant residence, original hardwood floors, a covered porch, and a shaded rear yard.

Property SizeContact for details
Days on Market203

Property Features for 518 Woodruff Place East Dr

General Information

Standard status Active
Total Parking Spaces 3
Property subtype Residential Income

Additional Details

Multifamily Units 2

Amenities

covered front porch
back yard

Building Details

Buildings 1
Listing Agency: Epique Inc
Listed By: Adrienne Johnson
Source: Exprealty
Added: Feb 10 Changed: Aug 28 Last Checked: Aug 30 at 11:14PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Epique Inc

Investment Insights

Based on property information with market context.

This two-unit residential income property includes a vacant residence with a traditional interior layout featuring a living room, formal dining room, kitchen, three upstairs bedrooms, and a full bathroom. Original hardwood flooring, arched doorways, and built-in features add character, while a covered front porch extends the usable living space. The second unit is leased through 2026.

Outdoor improvements include a large rear yard with mature trees and a detached three-car garage. The roof was replaced in 2023. Located at 518 Woodruff Place East Dr in Indianapolis, the property offers a duplex configuration with one unit available for occupancy and the other under lease.

Key Highlights

  • Duplex with one vacant unit and one unit leased through 2026
  • Vacant residence includes 3 bedrooms and 1 full bathroom
  • Detached 3‑car garage

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Computer & Electronic Repair (Bike/Boat/Book/etc) Store Accounting Firm Locksmith Pharmacy Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,213
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
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit property with one vacant residence, original hardwood floors, a covered porch, and a shaded rear yard.
Where is this duplex located?
The property is located at 518 Woodruff Place East Dr Indianapolis, IN.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Duplex with one vacant unit and one unit leased through 2026; Vacant residence includes 3 bedrooms and 1 full bathroom; Detached 3‑car garage
More about this property
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