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640 Woodruff Place Middle Dr Indianapolis, IN 46201

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Four-unit property in historic Woodruff Place, Indianapolis. Leased and updated.

Property size:
4,377 SF
Lot size:
0.12 Acres

Property Features for 640 Woodruff Place Middle Dr

General Information

Standard status
Active
Size
4,377 SF
Lot size
0.12 Acres

Building Details

Year built
1910

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Listing Contact
Sarah Fishburn
Source: Crexi

Listing Agency: Talk to Tucker Realtors Listing Agent: Sarah Fishburn

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Historic Woodruff Place Multifamily Property

This four-unit multifamily property is located in the historic Woodruff Place neighborhood. The property is being offered for sale individually or as part of a portfolio opportunity that includes four additional nearby buildings. All units are currently leased, providing income. Recent improvements include a new sewer, remodeled bathrooms in three of the four units, remodeled kitchens in two units, and a new AC unit in one unit. The roof was replaced in 2021. The property is located minutes from downtown Indianapolis, benefiting from the neighborhood's walkability and rental demand. The property size is 4377 square feet.
Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

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

Location Insight

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  • Local Demand
City
Indianapolis
County
Hamilton
State
Indiana
Longitude
-86.128919
Latitude
39.77628

FAQs

What type of property is this?
Quadplex - Four-unit property in historic Woodruff Place, Indianapolis. Leased and updated.
Where is this quadplex located?
The property is located at 640 Woodruff Place Middle Dr Indianapolis, IN.
What are key features of this property?
This property features: - Immediate income and stable cash flow from 100% leased units.; - Rare opportunity to acquire property in the desirable historic Woodruff Place neighborhood.; - Potential to purchase as part of a portfolio with four additional nearby buildings.
More about this property
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