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Woodruff Place Multifamily Investment Opportunity

625 Woodruff Place Middle Dr Indianapolis, IN 46201

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Four-unit multifamily property in historic Woodruff Place, Indianapolis.

Type:Multifamily
Property size:
5,380 SF
Price / SF:
$96/SF
Added:
Mar 18, 2026
Days on Market:
117
Last Refresh:
Jun 29 at 4:03 am

Property Features for 625 Woodruff Place Middle Dr

General Information

Standard status
Active
Size
5,380 SF
Property subtype
Multifamily

Building Details

Year Built
1900

Listing office Talk to Tucker Realtors

Listing date Mar 18, 2026

Source Crexi

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 Talk to Tucker Realtors


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 Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

(Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Accounting Firm Carpet & Flooring Store (Bike/Boat/Book/etc) Store Tech Support Center (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Locksmith Catering Service

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

FAQs

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 Dr 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.
Contact an agent
(317) 989-5613 Call to check price and availability
More about this property
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