4303 Norwaldo AVE new Save Request In-Person Tour Request Virtual Tour
Indianapolis,IN 46205
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Montrose
MLS Listing ID 22038511
Year Built 1945
Tax Year 2024
Lot Size 0.270 Acres
Property Sub-Type Duplex
Property Description
Here's your opportunity to expand your portfolio with 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. The duplex is currently generating income with tenants on a month-to-month lease, paying $1,950/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 is part of a larger 16-property investment portfolio which includes 11 duplexes, 3 single-family homes, and 2 vacant lots, and cannot be purchased individually. This is a rare chance to invest in a substantial portfolio within a dynamic and growing neighborhood. Don't miss out on this exceptional investment opportunity to boost your real estate holdings in SoBro!
Location
State IN
County Marion
Exterior
Roof Type Asphalt
Building
Story One
Foundation Block
Structure Type Block
New Construction false
Schools
School District Indianapolis Public Schools