624 Woodruff Place Middle Dr, Indianapolis, IN 46201

Building Details

Year Built

1900

Listing office Talk to Tucker Realtors

Listing date Mar 18, 2026

Source Crexi

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Overview

This 9-unit multifamily property presents an investor opportunity in the historic Woodruff Place neighborhood. The property is available for individual purchase or as part of a portfolio that includes four additional buildings in Woodruff. All units are currently leased, providing immediate income. Recent improvements include a new sewer, new boiler, a new water heater, and bathroom updates in one unit. New interior paint has been applied in four units, offering a mix of updated living spaces. The property is located minutes from downtown Indianapolis, benefiting from the neighborhood's charm and rental demand. The property size is 7150 square feet.

Suggested Use

Accounting Firm Tech Support Center (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store Shopping Center & Mall (Bike/Boat/Book/etc) Store Acupuncture Supermarket Restaurant

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Indianapolis

County

Hamilton

State

Indiana

Longitude

-86.128919

Latitude

39.77628

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FAQs

What type of property is this?

Apartment building - Nine-unit multifamily property in historic Woodruff Place, Indianapolis.

Where is this apartment building located?

The property is located at 624 Woodruff Place Middle Dr Indianapolis, IN.

What is the asking price?

The asking price for this property is $1,000,000.

What are key features of this property?

This property features: Immediate income and stable cash flow from 9 currently leased units.; Rare opportunity to invest in the desirable historic Woodruff Place neighborhood.; Potential to acquire as part of a larger portfolio with four additional nearby buildings.