USAINIndianapolisWoodruff Place640 Woodruff Place Middle Dr
640 Woodruff Place Middle Drive - 4 unit mutlifamily | Image 1
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640 Woodruff Place Middle Dr, Indianapolis, IN

Real Estate

For Sale

Listed price in listed location currency (USD).
$525,000

000

MLS® 22089350

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size -
Garage No
Taxes 
Days Active 0
Lot Size 0.12 acres
Approx. Age 1910
MLS® Number 22089350

Property Address: 640 Woodruff Place Middle Dr, Indianapolis, IN, 46201-1984

Average square foot calculated using Size range provided by listing agent.

Description

Investor opportunity in the beautiful historic Woodruff Place! This 4-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, 3 of the 4 units have had remodeled bathrooms, 2 of the units have had the Kitchens remodeled, new AC in Unit 3, Roof was replaced in 2021 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.
MLS® Number22089350
Laundry Level
Central VacNo
FireplaceNo
Acreage0.12
Exterior
GarageNo
Approx. Age1910
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 16, 2026List Date
$525,000List Price
  • Commute

Commute

Starting Address
Destination Address
640 Woodruff Place Middle Dr, Indianapolis, IN

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