$425,000
Welcome to 4521 Norwaldo Ave, a stunning new construction duplex in the heart of Indianapolis' vibrant SoBro neighborhood! This turn-key investment property is a dream come true for savvy investors and house hackers alike, offering modern style, strong cash flow, and unbeatable location less than 1 block from one of the neighborhoods hottest coffee shops: GoldLeaf Savory & Sweet. Each of the two spacious units features 2 bedrooms, 1.5 baths, and open-concept layouts designed for today's lifestyle, complete with soaring vaulted ceilings, luxury vinyl plank flooring, sleek granite countertops, and stainless steel appliances. With market rents projected at $1,800-$2,000 per month per unit, this duplex promises exceptional income potential. Parking is a breeze with convenient gravel spaces with alley access and additional off-street parking. Nestled in the thriving SoBro area, you're just steps away from trendy dining, lively nightlife, and urban amenities. Plus, a builder warranty ensures worry-free ownership. Whether you're looking to rent both units for maximum returns or live in one while renting the other to offset your mortgage, this property is your chance to own a piece of one of Indy's hottest neighborhoods. Don't miss out-schedule your tour today and discover why 4521 Norwaldo Ave is the investment opportunity you've been waiting for!
GPS Friendly
| MLS # | 22069813 |
|---|---|
| Date Listed | 2025-10-23 |
| Status | Active |
| Property Type | Multi-Family/Apartments |
| Property SubType | Duplex |
| New Construction | Yes |
| Type | Duplex |
| Year Taxes Payable | 2024 |
| Year Built | 2025 |
| Days on Market | 44 |
| Cooling | Central Air |
|---|---|
| Heating | Electric, Forced Air |
| Construction | Duplex |
|---|---|
| Lot Size | 5,880 sq ft |
| Acreage | 0.14 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# 22069813
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 Zachary Canull
Canull Group LLC
z.douglas@buildwithparadigm.com
Listing updated November 29, 2025 at 7:09 am
Last checked 7 minutes ago