4312 Norwaldo Avenue, Indianapolis, IN 46205

$130,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$130,000
List Price
$175,000
MLS#
22093545
Status
SOLD
Days on Market
140
Closing Date
Sep 04, 2026

Property 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!

Additional Information

Basement
Interior Entry
Foundation
Concrete Perimeter
Stories
One
Architecture
Bungalow
Acres
0.18
Region
Washington

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Berkshire Hathaway Home. Selling Office: Stanifer & Associates Real Est.

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative