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608 Woodruff Place W

Indianapolis, IN 46201

ActiveListed Nov 2, 2026 · 5 days on market

Key facts

Lot
0.31 acres
Year built
1900
Type
Residential Income · Quadruplex
Stories
Two
Garage
2 spaces
MLS #
22132514
County
Marion
Subdivision
Woodruff Place

About this home

INVESTOR OPPORTUNITY - PRICED WELL BELOW APPRAISED VALUE! Located in historic Woodruff Place, this charming four-unit property offers an incredible opportunity for investors or owner-occupants looking to build equity and add value! Offering over 4,000 square feet, this property is filled with original character, featuring hardwood floors, beautiful Craftsman woodwork, and a covered front porch overlooking the neighborhood's picturesque fountain. Additional features include on-site laundry, tenant storage, four covered parking spaces, and a detached two-car garage. Live in one unit while renting out the other three, or maximize your investment potential by renting all four! With room to explore the possibility of a fifth unit, subject to zoning and city approval, the opportunities are exciting! Ready for updates and improvements, this property is priced to leave room for your vision. Conveniently located just minutes from downtown Indianapolis, dining, shopping, and entertainment. Bring your vision, build equity, and unlock the potential of this historic investment property!

Description provided by the listing brokerage.

Interior

Condition
Fixer

Exterior

Exterior features
Water Feature Fountain
Foundation
Block
Parking and garage
CarportStorage
Carport spaces
4
Fencing
PartialGatePerimeterWrought Iron

Lot and HOA

Lot features
AccessCurbsSidewalksMature Trees

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$11,200 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Price history

Every listing, price change and sale we have on record for this home.

DateEventPrice
Listed for sale$485,000

Properties displayed may be listed or sold by various participants in the MLS.

Information deemed reliable but is not guaranteed accurate.

© 2026 MIBOR REALTOR® Association

Based on information submitted to the Broker Listing Cooperative listing service as of November 10, 2026

Estimate your monthly payment

$3,548per month, estimated
Principal and interest $2,445Property tax $933Insurance $170
20% · $97,000
6.47%
Loan type
Loan term

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.

Talk to a lender we trust
Address
608 Woodruff Place W, Indianapolis, IN 46201
County
Marion
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Listed at$485,000
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