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624 Woodruff Place Middle DR Indianapolis, IN 46201
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Key Details
Sold Price $2,935,000
Property Type Commercial
Sub Type Multi-Family 5+
Listing Status Sold
Purchase Type For Sale
Subdivision Woodruff Place
MLS Listing ID 21815677
Sold Date 02/28/22
Year Built 1900
Tax Year 2020
Lot Size 0.312 Acres
Acres 0.3122
Property Sub-Type Multi-Family 5+
Property Description
Nine unit residential multifamily investment property in popular Woodruff Place being sold as part of a portfolio, situated in both a Historic District and an Opportunity Zone, loaded with possibility, strategically located just one mile east of Downtown Indianapolis in a desirable, trendy, residential neighborhood with a park-like setting surrounded by large beautiful homes and mature landscaping. A hard to find investment close to employment and retail centers, (including Bottleworks and Mass Ave.); offering investors upside potential for long term investment growth, close, but not too close to the CBD. Hardwood floors and woodwork showcase the potential of this classic building. See Agent Remarks for portfolio specifics.
Location
State IN
County Marion
Interior
Cooling Separate Meters
Fireplace N
Exterior
Utilities Available Cable Connected, Electricity Connected, Gas, Water Connected
Building
Story Basement, Two
Architectural Style Other
Structure Type Wood Brick
New Construction false
Schools
School District Indianapolis Public Schools
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