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Tri-Level Log Cabin Triplex
For Sale
$399,999

7591-7593 N Old S R 67, Mooresville, IN 46158

Residential Income, Mooresville, IN

Property SizeContact for details
Lot Size1.26 Acres
Days on Market26

Property Features for 7591-7593 N Old S R 67

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 10
Bathrooms 4
Full bathrooms 4
Rooms Basement, Bedroom 8, Bedroom 2, Bedroom 7, Bathroom 1, Bathroom 3, Bedroom 4, Bathroom 4, Bathroom 2, Bedroom 6, Bedroom 1, Bedroom 9, Bedroom 10, Bedroom 3, Bedroom 5
Exterior features Storage Shed
Basement Unfinished
Subdivision No Subdivision
Lot features Corner Lot, Mature Trees
Elementary school district MSD Martinsville Schools
Middle school district MSD Martinsville Schools
High school district MSD Martinsville Schools
Directions GPS Friendly
Standard status Active
APN 550525100017001008
Lot size 1.26 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description S25 T13 R1e Pt Nw 1.26 A.
Tax Annual Amount 2000
Legal Description S25 T13 R1e Pt Nw 1.26 A.

Utilities

Heating system Electric (Heating)
Cooling system Central Air, Wall Unit(s)

Amenities

wrap around porches
private porch area
laundry hookups

Building Details

Year built 1978
Floors in Building 2
Number of units 3
Building materials Log, Log Siding
Roof type Asphalt
Architectural style Other
Additional Structures Storage
Listing Agency: The Modglin Group
Listed By: Danielle Stiles · License #RB18000499
Added: Aug 19 Changed: Sep 12 Last Checked: Sep 13 at 1:06AM
MLS# 22119730

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 1978 log cabin is configured as a triplex on a 1.26-acre corner lot in Mooresville. The main-level residence includes four bedrooms, one bathroom, two entrances, and a private porch area. A second-floor unit provides three bedrooms, one bathroom, and a spacious kitchen, while the upper tri-level residence features an open-concept living room and kitchen, three bedrooms, and 1.5 bathrooms. Each unit has its own kitchen and laundry hookups.

Units 2 and 3 are currently leased, while Unit 1 remains available for rental use or occupancy. The property includes wraparound porches, mature trees, a gravel driveway with parking for approximately two vehicles per unit, and a storage shed. Electric heat, wall unit cooling, and central air are present. The property is approximately 10 minutes from Mooresville, 13 minutes from Martinsville, and 35 minutes from Downtown Indianapolis.

Key Highlights

  • Three separately configured living units with individual kitchens and laundry hookups
  • Unit 1 includes 4 bedrooms, 1 bathroom, two entrances, and a private porch area
  • Unit 2 offers 3 bedrooms, 1 bathroom, and a spacious kitchen

Property Analytics

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Current Use

Triplexes

Lease Details

3
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

51
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Triplex - Three separate residences offer individual kitchens, laundry hookups, and flexible living arrangements.
Where is this triplex located?
The property is located at 7591-7593 N Old S R 67 Mooresville, IN.
What is the asking price?
The asking price for this property is $399,999.
What are key features of this property?
This property features: Three separately configured living units with individual kitchens and laundry hookups; Unit 1 includes 4 bedrooms, 1 bathroom, two entrances, and a private porch area; Unit 2 offers 3 bedrooms, 1 bathroom, and a spacious kitchen
More about this property
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