Attention buyers! This property is no longer part of a portfolio and now available for individual purchase! 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… Read More 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 one tenant on a one-year lease, and one tenant on a two year lease paying $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. Read Less
Courtesy of Compass Indiana, LLC.
Listing Snapshot
Days Online
44
Last Updated
Property Type
Duplex
Lot Size
0.27 Acres
Year Built
1945
MLS Number
MBR22038511
30 Days Snapshot Of 46205
$464k
+27%
(avg) sold price
10
-74%
homes sold
62
+12%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Description: "Unfinished"
Building
Architecture: "Ranch", Construction Materials: "Block", Levels: "One", Year Built: 1945
