4312 Norwaldo Avenue, Indianapolis, IN 46205

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!

Listing Status:

Active

Data Last Updated:

April 30, 2026 at 2:17AM

Listing Office:

Berkshire Hathaway Home : 317-797-7672

Listing Agent:

Maurice Brown : 317-797-7672

MLS ID:

22093545

Interior

• Laundry: In Basement
• Basement: Interior Entry

Exterior

• Style: Bungalow
• Parking: On Street

Construction

• General: OneConcrete Perimeter

Location

• Road/Access: City Street
• Originating MLS: mibor
• School District: Indianapolis Public Schools
• County: Marion

Lot

• Zoning: Montrose 2nd Sec 24 S Side L21 & 32 N Side L20490718106033000801
• Current Use: Residential

Financial

• Source: mibor