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Turnkey Duplex with New Roof
For Sale
$249,000

59-61 E Washington Street, Mooresville, IN 46158

MULTI_FAMILY - Other - Mooresville, IN

Property SizeContact for details
Lot Size0.15 Acres
Days on Market97

Property Features for 59-61 E Washington Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Exterior features Storage Shed, Balcony, Fire Pit
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 GPS Friendly
Standard status Active
APN 550136140005000005
Lot size 0.15 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Lot 10 Blk 4 E 1/2 Orig Plat Mooresville
Legal Description Lot 10 Blk 4 E 1/2 Orig Plat Mooresville

Utilities

Heating system Natural Gas, Forced Air
Cooling system Window Unit(s), Central Air

Building Details

Year built 1910
Floors in Building 2
Number of units 2
Building materials Vinyl Siding
Roof type Shingle
Architectural style Other
Additional Structures Storage
Listing Agency: Keller Williams Indy Metro Partners · Keller Williams Realty
Listed By: Gloria Gear · License #RB16001575
Added: May 14 Changed: Aug 1 Last Checked: Aug 18 at 9:06PM
MLS# 22100964

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 upgraded duplex offers a bright, functional layout with comfortable living spaces and generous bedroom layouts. The property has been refreshed throughout with a full cosmetic update and a new downstairs bathroom. Major sewer/plumbing upgrades were completed, and the roof was replaced in 2025. The home is vinyl-sided and features a shingle roof, natural gas forced-air heating, and a combination of window unit(s) and central air cooling.

The duplex is built for practical day-to-day living, with exterior amenities including a storage shed, balcony, and a fire pit. Each unit offers a 3 bed / 2 bath configuration based on the provided unit description, and the current structure includes two units, with Unit 1 referencing a pet fee.

Set on a 0.15-acre lot, the property is located in Mooresville with convenient proximity to local shopping, dining, schools, and major roadways.

Key Highlights

  • Two‑unit duplex with a 3 bed / 2 bath unit configuration
  • New roof installed in 2025
  • Full cosmetic refresh plus new downstairs bathroom

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Electrical Service Carpet & Flooring Store (Bike/Boat/Book/etc) Store HVAC Service Law Firm Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

732
Businesses Nearby

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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Upgraded two-unit duplex on a 0.15-acre lot with new roof, refreshed interiors, and major sewer and plumbing improvements.
Where is this duplex located?
The property is located at 59-61 E Washington Street Mooresville, IN.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: Two‑unit duplex with a 3 bed / 2 bath unit configuration; New roof installed in 2025; Full cosmetic refresh plus new downstairs bathroom
More about this property
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