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725 Woodruff Place Middle Drive Indianapolis, IN 46201

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For Sale
$750,000

Seven-unit property in historic Woodruff Place, Indianapolis. Leased and renovated.

Type:Commercial Sale / Multi-Family 5+
Property size:
7,162 SF
Added:
Mar 14, 2026
Days on Market:
36
Last Refresh:
Mar 18 at 8:36 am

Property Features for 725 Woodruff Place Middle Drive

General Information

Standard status
Active
Size
7,162 SF
Property subtype
Commercial Sale / Multi-Family 5+

Building Details

Year Built
1910

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Listing Contact
Sarah Fishburn

Listing agent Sarah Fishburn License #RB19001567

Listing office F.C. Tucker Company

Listing date Mar 14, 2026

Source Compass

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


Overview

Historic Woodruff Place Multifamily Investment

This 7-unit multifamily property presents an investor opportunity in the historic Woodruff Place neighborhood. The property is currently fully leased, providing immediate income. Recent improvements include a new sewer, new roof, renovation of 3 units, remodel of 1 bathroom in a unit, and a new water heater. The property offers value-add potential. Located minutes from downtown Indianapolis, the property benefits from the neighborhood's charm and walkability. The building has a property size of 7162 square feet. This property is being offered for sale individually or as part of a portfolio opportunity that includes four additional nearby buildings, all in Woodruff. This allows investors the chance to acquire multiple assets within one of Indianapolis' most desirable historic neighborhoods.
Location Intelligence

Current Use by Public Records

Apartment buildings

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

  • Map
  • Local Demand
City
Indianapolis
County
Hamilton
State
Indiana
Longitude
-86.1281301
Latitude
39.7775741

FAQs

What type of property is this?
Apartment building - Seven-unit property in historic Woodruff Place, Indianapolis. Leased and renovated.
Where is this apartment building located?
The property is located at 725 Woodruff Place Middle Drive Indianapolis, IN.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Immediate income and stable cash flow from 7 currently leased units.; Rare opportunity to invest in Indianapolis' desirable historic Woodruff Place.; Value‑add potential with recent improvements: new sewer, new roof, 3 renovated units, remodeled bathroom, new water heater.
More about this property
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