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4312 Norwaldo Avenue, Indianapolis, IN 46205

Indianapolis
Local realty services provided by:CENTURY 21 Scheetz
4312 Norwaldo Avenue,Indianapolis, IN 46205
$175,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: maurice brown
Office: berkshire hathaway home
MLS#:22093545
Source:IN_MIBOR

Price summary

  • Price:$175,000

About this home

Opportunity knocks at 4312-4314 Norwaldo Ave! This duplex is perfectly positioned just steps from the Indiana State Fairgrounds, one of Indianapolis' most active event hubs, bringing year-round traffic from the Indiana State Fair, concerts, festivals, and exhibitions. The location alone makes this property a standout for investors looking to capitalize on strong rental demand and future appreciation. Each unit features 2 bedrooms and 1 bathroom, with basement laundry offering added convenience for tenants. While the property could use some TLC, it presents a fantastic value-add opportunity for those looking to renovate, increase rents, and build equity quickly. Whether you're considering a full renovation, light cosmetic updates, or a long-term hold strategy, the upside here is clear. A great addition to any portfolio. Don't miss your chance to turn potential into profit in one of Indianapolis' most active and accessible locations!

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Home facts

  • Year built:1945
  • Subdivision & Development:Montrose
  • Listing ID #:22093545
  • Added:102 day(s) ago
  • Updated:August 01, 2026 at 03:48 AM

Rooms and interior

  • Basement:Yes
  • Basement Description:Basement

Structure and exterior

  • Year built:1945
  • Lot area:0.18 Acres
  • Lot Features:Sidewalks
  • Architectural Style:Bungalow
  • Construction Materials:Block
  • Foundation Description:Concrete Perimeter

Finances and disclosures

  • Price:$175,000
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