608 Woodruff Place W, Indianapolis, IN 46201

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List Price
$485,000
MLS#
22132514
Days on Market
2
Status
ACTIVE

Property Description

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!

Additional Information

Foundation
Block
Stories
Two
Exterior Amenities
Water Feature Fountain, Other
Acres
0.31
Financing
Conventional, FHA 203(k)
Region
Center

Listing courtesy of Derrin Phoenix. Carpenter, REALTORS®

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Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID.


Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of 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. Some listings have been excluded from this website.