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Listed price in listed location currency (USD).
$1,000,000

000

MLS® 22088937

Overview

Key Facts

Type Other
Levels Commercial Sale
Size 8617 sqft
Garage No
Maintenance Fees 
Taxes 
Days Active 196
Approx. Age 1900
Avg. Price Per Sqft $116
MLS® Number 22088937

Property Address: 624 Woodruff Place Middle Dr, Indianapolis, IN, 46201-1930

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

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.
MLS® Number22088937
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelCommon Laundry
Exposure
Exterior
GarageNo
Approx. Age1900
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatHot Water
A/CWindow Unit(s)

Extras

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