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Four-Unit Craftsman Property

608 Woodruff Place West Dr, Indianapolis, IN 46201

For Sale
$485,000

Original woodwork, resident laundry, storage, and covered parking complement the property's four-unit configuration.

Property SizeContact for details
Days on Market9

Property Features for 608 Woodruff Place West Dr

General Information

Standard status Active
Property subtype Residential Income

Site & Location

Neighborhood Near Eastside

Additional Details

Multifamily Units 4

Amenities

on-site laundry
tenant storage
Listing Agency: Carpenter, REALTORS
Listed By: Derrin Phoenix
Source: Exprealty
Added: Nov 2 Changed: Nov 6 Last Checked: Nov 10 at 1:10PM

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 Carpenter, REALTORS

Rey
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Investment Insights

Based on property information with market context.

This four-unit property in Indianapolis offers more than 4,000 square feet, with hardwood floors and Craftsman woodwork. A covered front porch faces a neighborhood fountain. On-site laundry and tenant storage serve the units, while parking includes four covered spaces and a detached two-car garage. The building is ready for updates and improvements.

The property is in historic Woodruff Place, a few minutes from downtown Indianapolis, dining, shopping, and entertainment. A possible fifth unit could be explored, subject to zoning and city approval.

Key Highlights

  • Four units in a property exceeding 4,000 square feet
  • Hardwood flooring and Craftsman woodwork
  • Four covered parking spaces plus a detached two‑car garage

Property Analytics

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Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,068
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
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Market

Properties on Market for Quadplexes in Indianapolis

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Original woodwork, resident laundry, storage, and covered parking complement the property's four-unit configuration.
Where is this quadplex located?
The property is located at 608 Woodruff Place West Dr Indianapolis, IN.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: Four units in a property exceeding 4,000 square feet; Hardwood flooring and Craftsman woodwork; Four covered parking spaces plus a detached two‑car garage
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