Indianapolis, IN 46201,624 Woodruff Place Middle DR
Indianapolis, IN 46201,624 Woodruff Place Middle DR
Indianapolis, IN 46201,624 Woodruff Place Middle DR
Indianapolis, IN 46201,624 Woodruff Place Middle DR
Indianapolis, IN 46201,624 Woodruff Place Middle DR
Indianapolis, IN 46201,624 Woodruff Place Middle DR
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Listed by Jane Drew Pollom • F.C. Tucker Company

$2,950,000

$2,250,000

31.1%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

8,617 SqFt


SOLD DATE : 06/23/2023

Key Details

Sold Price $2,950,000

Property Type Commercial

Sub Type Multi-Family 5+

Listing Status Sold

Purchase Type For Sale

Square Footage 8,617 sqft

Price per Sqft $342

Subdivision Woodruff Place

MLS Listing ID 21908028

Sold Date 06/23/23

Year Built 1900

Tax Year 2021

Lot Size 0.312 Acres

Acres 0.3122

Property Description

Nine unit residential multifamily investment property in popular Woodruff Place being sold together with 725-735 Woodruff Place Middle Dr., BLC#21908038 situated in both an 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

Location

State IN

County Marion

Zoning D5

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

High Schools Arsenal Technical High School

School District Indianapolis Public Schools

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