Key facts
- Living area
- 7,162 sqft
- Lot
- 0.24 acres
- Year built
- 1910
- Type
- Commercial Sale · Multi Family
- Stories
- Two
- Garage
- 2 spaces
- MLS #
- 22089365
- County
- Marion
- Total building area
- 7,162 sqft
About this home
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.
Description provided by the listing brokerage.
Interior
- Laundry
Exterior
- Construction
- Style
- Parking and garage
Systems
- Heating
- Cooling
- Utilities
Lot and HOA
- Lot features
- Zoning
- D5
Schools
- High school
- Arsenal Technical High School
- School district
- Indianapolis Public Schools
Taxes
- Estimated annual tax
- $4,684 / yearTwice the semi-annual installment the listing reports.
- Tax year
- 2024
Estimate your monthly payment
Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.
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