Sold for $196,500 Listed for $205,000
4303 Norwaldo Avenue
This property is not currently for sale or for rent.
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.
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Map to 4303 Norwaldo Avenue, Indianapolis, IN 46205
MLS #
22038511
Date Listed
2025-07-16
Status
Sold
Property Type
Multi-Family/Apartments
Property SubType
Duplex
New Construction
No
Style
Ranch
Type
Duplex
Basement
Unfinished
Year Taxes Payable
2024
Year Built
1945
Days on Market
57
Additional
Design
Ranch
External Features
Construction
Duplex
Lot Size
11,680 sq ft
Acreage
0.27 Acres
Fence
None
Location
Area
Marion
County
Marion
Subdivision
Montrose
Township
Washington
City
Indianapolis
State
IN
Zip
46205
Schools
School District
Indianapolis Public Schools
Financial
Assoc. Dues
$0.00
| MLS # | 22038511 |
|---|---|
| Date Listed | 2025-07-16 |
| Status | Sold |
| Property Type | Multi-Family/Apartments |
| Property SubType | Duplex |
| New Construction | No |
| Style | Ranch |
| Type | Duplex |
| Basement | Unfinished |
| Year Taxes Payable | 2024 |
| Year Built | 1945 |
| Days on Market | 57 |
| Design | Ranch |
|---|
| Construction | Duplex |
|---|---|
| Lot Size | 11,680 sq ft |
| Acreage | 0.27 Acres |
| Fence | None |
| Area | Marion |
|---|---|
| County | Marion |
| Subdivision | Montrose |
| Township | Washington |
| City | Indianapolis |
| State | IN |
| Zip | 46205 |
| School District | Indianapolis Public Schools |
|---|
| Assoc. Dues | $0.00 |
|---|
MLS# 22038511
IDX information provided by the MIBOR REALTOR® Association.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Listing Provided Courtesy of Andy Tresize
Compass Indiana, LLC
andy.tresize@compass.com
Listing updated November 19, 2025 at 11:29 am
Last checked 21 minutes ago
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