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Corner Fourplex with Dedicated Parking

48-50 1/2 E Main Street Mooresville, IN 46158

48-50 1/2 E Main Street, Mooresville, IN, 46158
$300,000
For Sale
$300,000

MULTI_FAMILY - Other - Mooresville, IN

Lot Size0.22 Acres
Days on Market71

Property Features for 48-50 1/2 E Main Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Parking features
Alley
Exterior features
Storage Shed
Standard status
Active
APN
550136140016000005
Lot size
0.22 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
Lot 6 Blk 4 Pt West

Utilities

Heating system
Wall Furnace
Cooling system
Window Unit(s)

Building Details

Year built
1880
Floors in Building
1
Number of units
4
Building materials
Vinyl Siding
Roof type
Shingle
Architectural style
Other
Additional Structures
Storage
Listing Agency Keller Williams Indy Metro S
Kingston St Ste 100 8102, Avon, IN
Listed by Gloria Gear · License #RB16001575
Added: May 8 Checked: Jul 17 at 3:06 pm
MLS# 22100152 Listing URL

Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This four-unit property is configured as a fourplex with four separate one-bedroom, one-bath residences. The exterior is finished in low-maintenance vinyl, and the property includes a storage shed. Each unit is supported by its own dedicated parking space, creating straightforward day-to-day access for residents.

The building sits on a corner lot at 48-50 1/2 E Main Street in Mooresville, Indiana (Morgan County). Public remarks indicate tenants are currently in place and that residents pay all utilities, with rental income already established.

For buyers looking for an income-producing multi-family asset, this structure offers four independent living units within a single ownership. The unit mix and on-site parking support tenant convenience, while the combination of tenant-paid utilities and existing rental income may appeal to investors seeking a turn-key setup based on the information provided.

Key Highlights

  • Fourplex with four 1‑bedroom, 1‑bath units
  • Each unit has its own dedicated parking space and tenants pay all utilities
  • Corner lot location with access via alley parking

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Electrical Service Carpet & Flooring Store (Bike/Boat/Book/etc) Store HVAC Service Law Firm Butcher Furniture & Home Goods Acupuncture Florist (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Four one-bedroom, one-bath units with dedicated parking and tenant-paid utilities on a corner lot.
Where is this quadplex located?
The property is located at 48-50 1/2 E Main Street Mooresville, IN.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Fourplex with four 1‑bedroom, 1‑bath units; Each unit has its own dedicated parking space and tenants pay all utilities; Corner lot location with access via alley parking
Contact an agent
More about this property
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