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624 Woodruff Place Middle Drive

Indianapolis, IN 46201
  • $1,000,000
  • STATUS: Active
  • ON SITE: 91 Days
  • MLS #: 22088937
$1,000,000
  • 0
    BEDS
  • 0.31
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1900
County:

School Information

Description

Investor opportunity in the beautiful historic Woodruff Place! This 9-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 boiler, new water heater, updates to bathrooms in 616, new interior paint in 4 units offering a mix of updated living spaces 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.

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© 2026 Metropolitan Indianapolis Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or David Brenton's Team.

Based on information submitted to the MLS GRID as of 2026-06-16T00:25:00.967. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
www.davidbrentonsteam.com/homes/174142988
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624 Woodruff Place Middle Drive Indianapolis, IN 46201

  • Price: $1,000,000
  • Status: Active
  • On Site: 91 Days
  • MLS #: 22088937
0
Beds
0
Baths
0
½ Baths
0.31
Acres
1900
Built
Neighborhood:
4910 - Marion - Center
County:
Marion
Area:
4910 - Marion - Center
High School:
Arsenal Technical High School
School District:
Indianapolis Public Schools
Property Description
Investor opportunity in the beautiful historic Woodruff Place! This 9-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 boiler, new water heater, updates to bathrooms in 616, new interior paint in 4 units offering a mix of updated living spaces 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.
Exterior Features

Architectural Style Other Construction Materials Wood Brick Levels Two Lot Information AccessCurbsSidewalksStreet LightsMature Trees Structure Type Apartment Building Unit Parking On Street

Interior Features

Basement YN Yes Building Area Total 8617 Cooling Window Unit(s) Heating Hot Water

Property Features

Acres 1/4-1/2 Acre Building Utilities SewerWaterMunicipal Storm Connected Current Use Apt<20 Dpr YN No Expenses 29800 Laundry Common Laundry New Construction YN No Number Of Units Total 9 Owner Pays GasIns HazardInsuranceLawncareTaxesSewerTrash CollectionWater Possession Closing Property Sub Type Multi-Family 5+ Semi Annual Property Tax Amt 9308 Solid Waste Yes Space Available 7150 Special Listing Conditions As IsHistoric District Tax Year 2024 Tenant Pays Cable TVElectricityInsurance Township Center Transaction Type Sale Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedWater Connected Zoning D5

Listing provided courtesy of F.C. Tucker Company: . © 2026 Metropolitan Indianapolis Board of REALTORS®. Information Deemed Reliable But Not Guaranteed.


© 2026 Metropolitan Indianapolis Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or David Brenton's Team.

Based on information submitted to the MLS GRID as of 2026-06-16T00:25:00.967. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
 
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David Brenton's Team
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Indianapolis IN, 46237