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Listed by Gloria Gear • Keller Williams Indy Metro Partners
$249,000
Est. payment /mo
6,534 Sqft Lot
Active
59-61 E Washington ST Mooresville, IN 46158
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision No Subdivision
MLS Listing ID 22100964
Year Built 1910
Tax Year 2025
Lot Size 6,534 Sqft
Acres 0.15
Property Sub-Type Duplex
Property Description
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!
Location
State IN
County Morgan
Interior
Heating Forced Air, Natural Gas
Cooling Central Air, Window Unit(s)
Fireplace N
Exterior
Exterior Feature Storage Shed, Balcony, Fire Pit
View Y/N true
View Neighborhood
Roof Type Shingle
Building
Story Two
Architectural Style Traditional
Structure Type Vinyl Siding
New Construction false
Schools
Elementary Schools Newby Memorial Elementary School
Middle Schools Paul Hadley Middle School
High Schools Mooresville High School
School District Mooresville Con School Corp
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