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4304 Norwaldo Ave, Indianapolis, IN, 46205

4beds
3baths
--sqft
$265,000
--price/sqft
$2,056/moest. monthly cost
$82,240/yrincome needed

About This Home

Fully occupied, income producing, recently renovated, well-kept SoBro duplex, sitting on a corner double lot... That spells opportunity! With 140 feet of frontage on 43rd St, the potential to expand with more doors is easy to see. The roof, as well as both water heaters, furnaces, and AC's have all been replaced in the last 2-3 years, so expect no major expenses in the foreseeable future. Whether taking an aggressive approach, or just sitting back and collecting the established rent, this property will start paying you back on day one.

Getting Around

50
WalkingSomewhat Walkable
37
TransitSome Transit
55
BikeBikeable

Schools

6/10
2/10
Shortridge High SchoolGrades 9-121.8 mi
3/10
Eliza A. Blaker School 55Grades PK-81.2 mi

Construction

Condition

  • Year built: 1945

Materials

  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Traditional
  • Property subType: Multi Family,Duplex

Interior

Appliances

  • Laundry features: Other

Basement

  • Has basement: Yes

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3

Property

Details

  • Parcel number: 490718106040000801

Features

  • Levels: One
  • Stories: 1
  • Fencing: Fenced,Fence Complete

Lot

  • Lot size: 0.26 Acres