4303 Norwaldo Avenue in Indianapolis
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Roots listing · Sold
Indianapolis · IN

4303 Norwaldo Avenue

Indianapolis · IN

Roots take

What to know about this one.

Don't miss 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. Perfect for a first-time homebuyer that wants to use a renovation loan to buy and renovate, or an newer investor that could live on one side and rent the other side out. The duplex is currently generating income with both tenants on a one-year lease, paying a total of $2,150/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 can be bundled with 2 other duplexes in the immediate area.

Property details

Property type
Duplex
Year built
1945
Lot size
0.27 ac
Stories
One
County
Marion
MLS #
MBR22038511

Features

Basement
  • Unfinished
Where it is

4303 Norwaldo Avenue

Indianapolis, IN 46205

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Listed by

Listed
Jul 16, 2025
Status
Sold
Address
4303 Norwaldo Avenue, Indianapolis, IN 46205

Listing provided courtesy of Compass Indiana, LLC · 317-563-5051

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Sold for$196,500
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