4312 Norwaldo Avenue, Indianapolis, IN 46205
  • $175,000
  • $175,000

Description

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!

  • Address: 4312 Norwaldo Avenue
  • City: Indianapolis
  • State/county: IN
  • Zip/Postal Code: 46205
  • Area: Montrose

Details

Updated on April 20, 2026 at 1:36 pm
  • Property ID 22093545
  • Price $175,000
  • Land Area 0.18 Acres
  • Garage Size x x
  • Year Built 1945
  • Property Type Duplex, Residential Income
  • Property Status Active

Additional details

  • County Marion
  • Property Type Residential Income
  • Parking On Street
  • Architectural Style Bungalow

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Contact Information

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Preeti Chaggar

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