Woodruff Place Multifamily Investment
For Sale
$520,000
625 Woodruff Place Middle Drive, Indianapolis, IN 46201
Four-unit multifamily property in historic Woodruff Place, Indianapolis.
Property Size10,200 SF
Price / SF$50.98
Days on Market309
Property Features for 625 Woodruff Place Middle Drive
General Information
Standard status
Active
Size
10,200 SF
Property subtype
Residential Income / Quadruplex
Amenities
Central Air, Wall Unit(s)
Forced Air
Yes
No Laundry Facil.
Wood Siding
Building Details
Year Built
1900
Listing Agency:
F.C. Tucker Company
(317) 686-0612
Listed By:
Sarah Fishburn · License #RB19001567
(317) 686-0612
Source:
Compass
Added: Oct 24, 2025
Changed: Aug 27
Last Checked: Aug 26 at 1:41PM
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 F.C. Tucker Company
Investment Insights
Based on property information with market context.
This four-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 nearby buildings, all located in Woodruff Place. All units are currently leased, providing immediate income. Recent improvements include remodels to all four units, a new mini-split system in Unit 4, new forced air conditioning in Unit 3, new kitchens, new bathrooms, a new water heater, and a new sump pump. The property is located minutes from downtown Indianapolis, benefiting from the neighborhood's charm and strong rental demand. The property size is 5380 square feet.
Key Highlights
- Immediate income and stable cash flow from 100% leased units.
- Located in the highly desirable and historic Woodruff Place neighborhood, known for its charm and walkability.
- Rare opportunity to purchase individually or as part of a portfolio of multiple properties in Woodruff Place.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,030
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit multifamily property in historic Woodruff Place, Indianapolis.
Where is this quadplex located?
The property is located at 625 Woodruff Place Middle Drive Indianapolis, IN.
What is the asking price?
The asking price for this property is $520,000.
What are key features of this property?
This property features: Immediate income and stable cash flow from 100% leased units.; Located in the highly desirable and historic Woodruff Place neighborhood, known for its charm and walkability.; Rare opportunity to purchase individually or as part of a portfolio of multiple properties in Woodruff Place.
