945 Woodruff Place Middle Drive
Indianapolis, IN 46201
0
Bed
0
Bath
0.31Acre(Lot)
RARE INVESTMENT OPPORTUNITY IN HISTORIC WOODRUFF PLACE! This distinctive 4-unit property offers an excellent opportunity to acquire an income-producing asset in one of Indianapolis' most historic neighborhoods, with significant upside through the lease-up of 2 currently vacant units & the garage. Situated on an expansive 13600 sq ft lot, this impressive property features four residential units, a functional basement, welcoming porch, and the timeless architectural character of Historic Woodruff Place. 2 units are occupied & generating 3350 per mo. but tenants in unit #1 are vacating in ~60-90 days. The 2 remaining units are vacant, creating an immediate opportunity to increase occupancy and cash flow. 1 vacant unit has been rehabilitated and is rent-ready; the 2nd requires primarily cosmet
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
Room Information
Has Basement: Yes -
Heating & Cooling
Cooling: Central Air
-
Building Information
Year Built: 1910
-
Lot Information
Lot Square Feet: 13600 Lot Acres: 0.31Property Information
Property Type: Residential Income Sub Type: Quadruplex Style: Colonial Structure Type: Quadruplex
-
Listing Price Information
Original List Price:$449999
-
Tax Information
Tax Lot: 491006168135000101 Tax Legal Description: Woodruff Pl L114 Tax Year: 2025 Parcel Number: 491006168135000101 Tax Exemption: None
-
Parking Information
DetachedGarage Information
Garage Space: 2
-
Location Information
Subdivision: Woodruff Place City: Indianapolis Direction: GPS Friendly
How much is this property worth?
Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.
Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 5021 University, Indianapolis, IN, 46201 | $287,500 | -- | -- | -- | 0.10 Acre |
| 15 N Riley Avenue, Indianapolis, IN, 46201 | $225,000 | -- | -- | -- | 0.37 Acre |
| 319 N Dequincy Street, Indianapolis, IN, 46201 | $280,000 | -- | -- | -- | 0.15 Acre |
| 405 Wallace Avenue, Indianapolis, IN, 46201 | $189,900 | -- | -- | -- | 0.15 Acre |
| 4646 E Pleasant Run Par.., Indianapolis, IN, 46201 | $160,000 | -- | -- | -- | 0.16 Acre |
| 955 N Bosart Avenue, Indianapolis, IN, 46201 | $185,000 | -- | -- | -- | 0.12 Acre |
| 4614 E 16th Street, Indianapolis, IN, 46201 | $166,900 | -- | -- | -- | 0.13 Acre |
| 4432 E 10th Street, Indianapolis, IN, 46201 | $120,000 | -- | -- | -- | 0.12 Acre |
| 730 N Euclid Avenue, Indianapolis, IN, 46201 | $174,900 | -- | -- | -- | 0.13 Acre |
| 4225 E Washington Street, Indianapolis, IN, 46201 | $635,000 | -- | -- | -- | 0.15 Acre |
Similar Multifamily To 945 Woodruff Place Middle Drive
Nearby For Sale
Disclaimer: The information being provided courtesy of MIBOR REALTOR® Association as distributed by MLS GRID and is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the MIBOR REALTOR® Association. ByOwner.com is not a Multiple Listing Service (MLS), nor does it offer MLS access. ByOwner.com is a broker participant of MIBOR REALTOR® Association. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.
Based on information submitted to the MLS GRID as of 09/12/2026 @ 06:20. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Properties displayed may be listed or sold by various participants in the MLS.
Click here for Consumer use of IDX Listings Disclaimer
“The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
ByOwner last updated this listing 09/12/2026 @ 06:20
More Cities with for Sale by Owner Homes
- Indianapolis Homes For Sale By Owner
- Beech Grove Homes For Sale By Owner
- Lawrence Homes For Sale By Owner
- Cumberland Homes For Sale By Owner
- Speedway Homes For Sale By Owner
- Greenwood Homes For Sale By Owner
- New Palestine Homes For Sale By Owner
- Carmel Homes For Sale By Owner
- McCordsville Homes For Sale By Owner
- Fishers Homes For Sale By Owner
- Camby Homes For Sale By Owner
- Whiteland Homes For Sale By Owner
- Zionsville Homes For Sale By Owner
- Brownsburg Homes For Sale By Owner
- Plainfield Homes For Sale By Owner
- Fairland Homes For Sale By Owner
- Greenfield Homes For Sale By Owner
- Fountaintown Homes For Sale By Owner
- Fortville Homes For Sale By Owner
- Westfield Homes For Sale By Owner
Homes around $500,000
Verify Your Email
Please enter the 6-digit verification code
sent to your email address.
Verify Your Phone Number
Please enter the 6-digit verification code
sent to your mobile phone.