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Listed by Sarah Fishburn • F.C. Tucker Company
$520,000
Est. payment /mo
10,018 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Woodruff Place
MLS Listing ID 22089333
Year Built 1900
Tax Year 2024
Lot Size 10,018 Sqft
Acres 0.23
Property Sub-Type Quadruplex
Property Description
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.
Location
State IN
County Marion
Interior
Heating Forced Air
Cooling Central Air, Wall Unit(s)
Fireplace N
Exterior
Garage Spaces 2.0
Building
Architectural Style Traditional
Structure Type Wood Siding
New Construction false
Schools
School District Indianapolis Public Schools
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