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4303 Norwaldo Avenue, 
Indianapolis, IN 46205

$205,000


Bed


Bath


-

Sq Ft


Multi-Family

Active

Listed by

Andy Tresize

Compass Indiana, LLC.

317-563-5051

Last updated:

July 17, 2025, 01:57 PM

MLS#

22038511

Source:

IN MIBOR

About This Home

4303 Norwaldo Avenue

Here's your opportunity to expand your portfolio with this remarkable duplex located in the highly sought-after SoBro neighborhood! The area is bustling with investment, making this a prime time to secure a property in this thriving community. The duplex is currently generating income with tenants on a month-to-month lease, paying $1,950/month, with potential market rent at $2,860/month. Addresses are 4303 and 4305 Norwaldo Ave. Recent updates to the property include a newer roof, and updates to Unit #1 include fresh paint, updated light fixtures, modern appliances, and a renovated kitchen and bathroom, ensuring it's move-in ready and low maintenance. Unit #2 could use some cosmetic updates. Situated in a convenient north side location, this property offers easy access to everything Indy has to offer. Enjoy proximity to schools, parks, shopping, and recreational spots like the Monon Trail. Commuting is simplified with access to the Red & Purple Lines, and major roads such as N College Ave, N Keystone Ave, 38th St, and Fall Creek Pkwy. The Fairgrounds are also just a short distance away. Please note, this property is part of a larger 16-property investment portfolio which includes 11 duplexes, 3 single-family homes, and 2 vacant lots, and cannot be purchased individually. This is a rare chance to invest in a substantial portfolio within a dynamic and growing neighborhood. Don't miss out on this exceptional investment opportunity to boost your real estate holdings in SoBro!

Home Facts

Multi-Family

Built in 1945

Price Summary

205,000

MLS #:

22038511

Last Updated:

July 17, 2025, 01:57 PM

Added:

2 day(s) ago


Structure

Structure

Architectural Style:

Ranch

Year Built:

1945


Lot

Lot Size (Sq. Ft):

11,761


Finances & Disclosures

Finances

Price:

$205,000

Source:IN MIBOR
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