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Property profile & analytics
FOR SALE
Apartment buildings

725 Woodruff Place Middle Dr Indianapolis, IN 46201

7,162 SF Built 1910
Entity Owned 3-yr Hold
Property ID
US31-3271456
Property summary
AI-generated overview

Investor opportunity in the beautiful historic Woodruff Place! This 7-unit multifamily property is being offered for sale individually or as part of a rare 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. All units are currently leased, providing immediate income and stable cash flow. The property has seen several recent improvements, including new sewer, new Roof, 3 units renovated, 1 bathroom remodel in unit, new water heater, and value-add potential. Located just minutes from downtown Indianapolis, this property benefits from the charm, walkability, and strong rental demand that Woodruff Place is known for. Whether purchased individually or as part of the larger portfolio, this is a rare opportunity to invest in a historic neighborhood with consistent rental demand and long-term upside.

Property profile
Verified
Property type Apartment buildings
Year built 1910
Total area 7,162 SF
UPID US31-3271456
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Pasos Forward LLC · 3 yrs held
Pasos Forward LLC
since 2023
3 recorded transactions
2023
Price N/A
2022
Price N/A
2022
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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