LKV Realty
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$520,000
$2,900Reward *
625 Woodruff Place Middle Drive, Indianapolis, IN 46201Listing ID 22089333

625 Woodruff Place Middle Drive, Indianapolis, IN 46201

Active
Woodruff Place
Time on site: 154 daysLast updated: Apr 6, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Quadruplex
Acres
Acres
0.23
Days on Site
Days on Site
154
Cooling
Cooling
Central Air, Wall Unit(s)
Heating
Heating
Forced Air
Year Built
Year Built
1900
Garages
Garages
2
Parking
Parking
Detached

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 remodels to all 4 units, new mini split in Unit 4, new forced AC in Unit 3, new kitchens, bathrooms, new water heater, new sump pump 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 Information

Property Details

Location

Address
625 Woodruff Place Middle Drive
County
Marion
City
Indianapolis
Zip Code
46201
Subdivision
Woodruff Place
School District
Indianapolis Public Schools
MLS Area
4910 - Marion - Center

Interior Features

Other Rooms

Laundry Features
No Laundry Facil.

Building

Building Information

Year Built
1900
Construction
Wood Siding

Financial

Special Conditions
As Is, Historic District

Property Taxes

Tax Year
2024
F.C. Tucker Company, (317) 686-0612

Market Report for 46201

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: MIBOR REALTOR® Association
MIBOR REALTOR® Association logo

Based on information submitted to the MLS GRID as of 17 Aug 2026, 08:26 AM UTC. 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. Some IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

MBR42155 • MBR42184