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Listed price in listed location currency (USD).
$299,900

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MLS® 22094042

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes 
Days Active 1
Lot Size 
Approx. Age 
MLS® Number 22094042

Property Address: 720 Woodruff Place West Dr, Indianapolis, IN, 46201-1999

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

Description

Located in the historic and highly sought-after Woodruff Place, 720 Woodruff Place W Drive presents a rare opportunity to own a character-rich, income-producing property in one of Indianapolis' most iconic neighborhoods. Currently configured as an 8-unit property with a legal nonconforming use, the building includes 4 studio units, 3 one-bedroom units, and 1 two-bedroom unit, offering strong income potential and flexibility. Distinctive features include a grand upstairs ballroom and a separate carriage house-currently fully vacant-providing immediate value-add potential for additional rental income or creative use, along with a spacious basement offering expansion possibilities (buyer to verify). Zoned for 1-4 single-family use, the property allows for multiple exit strategies, including continued use as an investment or conversion back to a stunning single-family residence, all ideally located near Brookside Park and just minutes from downtown.
MLS® Number22094042
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 24, 2026List Date
$299,900List Price
  • Commute

Commute

Starting Address
Destination Address
720 Woodruff Place West Dr, Indianapolis, IN

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