Fully Occupied Four-Unit
For Sale
$276,000
48-50 1/2 E Main Street, Mooresville, IN 46158
Residential Income, Mooresville, IN
Property SizeContact for details
Lot Size0.22 Acres
Days on Market118
Property Features for 48-50 1/2 E Main Street
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Parking features
Alley
Exterior features
Storage Shed
Subdivision
No Subdivision
Elementary school
Newby Memorial Elementary School
Middle school
Paul Hadley Middle School
High school
Mooresville High School
Elementary school district
Mooresville Con School Corp
Middle school district
Mooresville Con School Corp
High school district
Mooresville Con School Corp
Directions
From Indy take 70 West to 267 South at T turn left. Follow to W main street and turn left. House will be about 1/4 mile on the left.
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
Legal Description
Lot 6 Blk 4 Pt West
Utilities
Heating system
Wall Furnace
Cooling system
Window Unit(s)
Amenities
storage shed
dedicated tenant parking
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 Partners · Keller Williams Realty
(317) 271-5959
Listed By:
Gloria Gear · License #LB16001575
(317) 271-5959
Added: May 8
Changed: Sep 1
Last Checked: Sep 2 at 2:06AM
MLS# 22100152
Copyright © 2026 Broker Listing Cooperative®. 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 1880-built quadplex contains four 1-bedroom, 1-bath units and is fully occupied. Each apartment is separately metered, with landlord-paid sewer and water service. The property includes vinyl siding, a shingle roof, a storage shed, wall furnaces, window air-conditioning units, and dedicated tenant parking accessed from the alley.
Set on a 0.22-acre corner lot at 48-50 1/2 E Main Street in Mooresville, the property is minutes from downtown, schools, dining, and commuter routes. Its four-unit layout, individual utility metering, and existing tenant occupancy provide a clearly defined residential income configuration.
Set on a 0.22-acre corner lot at 48-50 1/2 E Main Street in Mooresville, the property is minutes from downtown, schools, dining, and commuter routes. Its four-unit layout, individual utility metering, and existing tenant occupancy provide a clearly defined residential income configuration.
Key Highlights
- Four 1 Bed / 1 Bath units with 100% occupancy
- Separately metered utilities; landlord pays sewer and water
- 0.22‑acre corner lot at 48‑50 1/2 E Main Street
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
651
Businesses Nearby
Explore this area
Business Placement
Demographics for 46158, IN
23,895
Population
10,051
Households
2.4
Avg Household Size
44
Median Age
23%
College-Educated
91%
High-School Grad
76.7 sq mi
ZIP Area
312
Density / Sq Mi
$79,877
Median Household Income
$46,317
Median Earnings
$1,024
Median Rent
$241,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Separately metered apartments limit landlord-paid utilities to sewer and water.
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 $276,000.
What are key features of this property?
This property features: Four 1 Bed / 1 Bath units with 100% occupancy; Separately metered utilities; landlord pays sewer and water; 0.22‑acre corner lot at 48‑50 1/2 E Main Street
