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725 Woodruff Place Middle Dr
Indianapolis, IN 46201
The Woodruff Place Portfolio · Multifamily Property For Sale
·
29 Units
Executive Summary
Investor opportunity in the beautiful historic Woodruff Place! This 7-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 Roof, 3 units renovated, 1 bathroom remodel in unit, new water heater, 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 Facts
| Price Per Unit | $35,780 CAD | Lot Size | 0.24 AC |
| Sale Type | Investment | Building Size | 19,425 SF |
| No. Units | 29 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1910 |
| Apartment Style | Single-Family Home | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | D5 - Multi-family Residential | ||
| Price Per Unit | $35,780 CAD |
| Sale Type | Investment |
| No. Units | 29 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single-Family Home |
| Building Class | C |
| Lot Size | 0.24 AC |
| Building Size | 19,425 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1910 |
| Opportunity Zone |
Yes |
| Zoning | D5 - Multi-family Residential |
Amenities
Unit Amenities
- Air Conditioning
- Washer/Dryer
- Heating
- Ceiling Fans
- Eat-in Kitchen
- Hardwood Floors
- Refrigerator
- Views
- Carpet
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 29 | - | - |
Property Taxes
| Parcel Number | 49-10-06-168-161.000-101 | Improvements Assessment | $326,919 CAD |
| Land Assessment | $20,199 CAD | Total Assessment | $347,118 CAD |
Property Taxes
Parcel Number
49-10-06-168-161.000-101
Land Assessment
$20,199 CAD
Improvements Assessment
$326,919 CAD
Total Assessment
$347,118 CAD
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