609 Woodruff Place Middle DR, Indianapolis, IN 46201
609 Woodruff Place Middle DR, Indianapolis, IN 46201
609 Woodruff Place Middle DR, Indianapolis, IN 46201
609 Woodruff Place Middle DR, Indianapolis, IN 46201
609 Woodruff Place Middle DR, Indianapolis, IN 46201
609 Woodruff Place Middle DR, Indianapolis, IN 46201
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Rick Daves

Rick Daves

+1(317) 614-5484
Listed by Sarah Fishburn • F.C. Tucker Company
$ 775,000
Est. payment | /mo

5,670 SqFt

Save
$ 775,000
Est. payment | /mo
Save

5,670 SqFt

Key Details

Property Type Commercial

Sub Type Multi-Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 5,670 sqft

Price per Sqft $136

MLS Listing ID 22088926

Tax Year 2024

Lot Size 10,018 Sqft

Acres 0.23

Property Sub-Type Multi-Family 5+

Property Description

Investor opportunity in the beautiful historic Woodruff Place! This 5-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 a new boiler installed at the end of 2025, new water heaters installed in 2025, and two units that have been fully renovated, 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.

Location

State IN

County Marion

Zoning D5

Interior

Heating Hot Water

Cooling Window Unit(s)

Fireplace N

Exterior

Garage Spaces 3.0

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Building

Story Two

New Construction false

Schools

School District Indianapolis Public Schools

MIBOR MLS
© 2026 All listing information is courtesy of MIBOR Broker Listing Cooperative(R) as distributed by MLS Grid. All rights reserved.

Nearby Locations

Rick Daves

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(317) 614-5484

rick@bluprintrealestategroup.com

6357 W US Highway 52 New Palestine, IN 46143, New Palestine, IN 46163, USA

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609 Woodruff Place Middle DR