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Listed by Maurice Brown • Berkshire Hathaway Home
$ 175,000
Est. payment | /mo
7,840 Sqft Lot
$ 175,000
Est. payment | /mo
7,840 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Montrose
MLS Listing ID 22093545
Year Built 1945
Tax Year 2024
Lot Size 7,840 Sqft
Acres 0.18
Property Sub-Type Duplex
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!
Location
State IN
County Marion
Rooms
Basement Interior Entry
Interior
Fireplace N
Building
Story One
Foundation Concrete Perimeter
Architectural Style Bungalow
Structure Type Block
New Construction false
Schools
School District Indianapolis Public Schools
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