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59-61 E Washington Street Mooresville, IN $ 249,000
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$ 249,000 Get more info
59-61 E Washington Street
$ 249,000
Back to search
Share Save

59-61 E Washington Street

Mooresville, IN, 46158
$ 249,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 1,720

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Multi-Family Home for sale in Mooresville, IN

for $249,000. This home was built in 1910 on a lot size of 0.15.

Upgraded Turnkey Duplex in Prime Mooresville Location!Value & Cap Rate Upside: Recent Appraisal at $276,000; Market rent potential up to $1,800/mo on the 3 bed / 2 bath unit.Current Rent Roll: $2,500/mo Total ($1,400 + $100 pet fee for Unit 1 | $1,000 for Unit 2). Key Capital Improvements: New Roof (2025), full cosmetic refresh throughout, new downstairs bathroom, and major sewer/plumbing upgrades. Property Features: Bright, functional floor plans, comfortable living spaces, and generous bedroom layouts. Location: Convenient proximity to local shopping, dining, schools, and major roadways. Perfect for portfolio growth or owner-occupants looking to offset their mortgage. Schedule your showing today!

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Multi-Family Active

Price

$ 249,000

Property Type

Multi-Family

Taxes

$ 2,550

Style

Traditional

Lot Size

0.15

Year Built

1910

Town/City

Mooresville

County/Region

Morgan

MLS | Web ID

22100964
Features
General
Heating Forced Air Natural Gas
Cooling Central Air Window Unit(s)
Possession Closing
Roof Shingle
Architectural Style Traditional
Security Features Smoke Detector(s)
Construction Materials Vinyl Siding
Year Built 1910
Tenant Pays All Utilities Insurance
View Neighborhood
Township Brown
Levels Two
Property Subtype Duplex
Tax Year 2025
Current Use Residential
County Morgan
New Construction N
Property Type Residential Income
Subdivision Name No Subdivision
Facing Direction North
Status Active
Directions GPS Friendly
High School Mooresville High School
City Mooresville
High School District Mooresville Con School Corp
Number Of Units Total 2
MLS Area 5503 - Morgan - Brown
Lot Size Square Feet 6360
Elementary School Newby Memorial Elementary School
Property Attached Y/N N
Current Financing Conventional
Middle/Junior High School Paul Hadley Middle School
Property Condition Updated/Remodeled
Additional Parcels Y/N N
Structure Type Duplex
Standard Status Active
Tax Lot 10
Legal Description Lot 10 Blk 4 E 1/2 Orig Plat Mooresville
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Exterior
Exterior Amenities Storage Shed Balcony Fire Pit
Parking Features None
Lot Size Acres 0.15
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Interior
Basement (Y/N) N
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* Excluded Features
List By
Keller Williams Indy Metro Partners

Broker

gloria@gearregroup.com

Email

Affordability Calculator

$1,932
Per Month
89%
11%
0%
Monthly Principal & Interest
$1,720
Monthly Property Taxes
$213
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5404698 Elementary School
4051288 Middle School
Mooresville High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/27/2026$249,000 -0.40% Price Down
6/4/2026$250,000 -1.96% Price Down
5/14/2026$255,000 Listed Price

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59-61 E Washington Street, Mooresville, IN, 46158 is a Multi-Family Home for sale at $249,000 with a lot size of 0.15. 59-61 E Washington Street has 0.0 baths and was built in 1910. The property's zip code is 46158 which is in Mooresville, IN

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