Indianapolis Real Estate Index

Contact Red Door Real Estate

If you have any questions or need more detailed information, please feel free to contact me via phone at 317-RED-DOOR / 317-733-3667 or fill out the form to let us know how we can help with your real estate needs.

Phone: (317) 733-3667
Fax: (317) 663-0840

Refine your search...
Use the form below to narrow down your results
Hi There! Is this Your First Time?

Did you know if you Register you have access to free search tools including the ability to save listings and property searches? Did you know that you can bypass the search altogether and have listings sent directly to your email address? Check out our how-to page for more info.

Back to Results
$205,000 -

4303 Norwaldo Avenue Indianapolis IN 46205

-
Bedrooms
-
Baths
N/A
SQ. Feet
(Above Ground)
0.27
Acres

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 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 both tenants on a one-year lease, paying a total of $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.

Follow ►
  • Subscribe to Our Blog RSS
Read More...

Property Details

Price: $205,000 Previously: $205,000 Originally: $205,000 Bathrooms: 0.00 MLS #: 22038511 Year Built: 1945 Township: Washington Type: Residential Income Zip Code: 46205 City: Indianapolis Subdivision: Montrose County: Marion School District: Indianapolis Public Schools

Interior Features

Interior Features:

Exterior Features

Exterior Features:
  • Setting / Lot Description: Sidewalks
  • # Acres: 0.27

Listing Office: Compass Indiana, Llc

Similar Properties To: 4303 Norwaldo Avenue, Indianapolis

$230,000

Montrose
MLS® #:
22038520
Provider:
Compass Indiana, Llc
4305 Crittenden Avenue, Indianapolis
$215,000

Crown Hill
MLS® #:
22028428
Provider:
Epique Inc
2862 Highland Place, Indianapolis
$229,900

Reading Tompkins
MLS® #:
22032588
Provider:
Diverse Property Solutions Ind
408 E Beecher Street, Indianapolis
$144,000

Bradens
MLS® #:
22029012
Provider:
F.c. Tucker Company
1150 Eugene Street, Indianapolis
$165,000

Clarks
MLS® #:
22044700
Provider:
F.c. Tucker Company
1129 N Pershing Avenue, Indianapolis
$219,900

Emerson Heights
MLS® #:
22034379
Provider:
Defusco Realty And Property Se
625/627 N Wallace Avenue, Indianapolis
$205,000

No Subdivision
MLS® #:
22038501
Provider:
Compass Indiana, Llc
301 E Southern Avenue, Indianapolis
$225,000

Hughes
MLS® #:
22057495
Provider:
F.c. Tucker Company
1846 Olive Street, Indianapolis

View all similar properties here

All information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All Information believed to be reliable but not guaranteed and should be independently verified. © 2025 MIBOR Broker Listing Cooperative®. All rights reserved.

Listing information last updated on September 10th, 2025 at 12:10am EDT.

My Account

Log in, to view your saved searches and add to your favorite listings.

Sign Up Here For Your FREE Account

... So You Can:

  • View detailed property information
  • Print detailed property flyers
  • Save your searches & favorite homes
  • Inquire about a private showing
  • Map individual property locations
  • Share your favorite homes with friends
Interested In This Property?