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Brick Duplex with Tenant Occupancy
For Sale
$249,900

234-236 Lehr Drive, Mooresville, IN 46158

Residential Income, Mooresville, IN

Property SizeContact for details
Lot Size0.57 Acres
Days on Market94

Property Features for 234-236 Lehr Drive

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 2
Bathrooms 1
Full bathrooms 1
Rooms Bedroom 1, Bathroom 1, Bedroom 2
Subdivision Brookmoore
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 550513180013000005
Lot size 0.57 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Lot 83 Brookmoore Subdivision Lot 84 Brookmoore Subdivision
Tax Annual Amount 2072
Legal Description Lot 83 Brookmoore Subdivision Lot 84 Brookmoore Subdivision

Utilities

Heating system Forced Air

Amenities

laundry hook up

Building Details

Year built 1963
Floors in Building 1
Number of units 2
Building materials Brick
Listing Agency: New Quantum Realty Group
Listed By: Duangdao Richmond
Added: Jul 17 Changed: Oct 16 Last Checked: Oct 18 at 2:06AM
MLS# 22114774

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.

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Investment Insights

Based on property information with market context.

This brick duplex was built in 1963 and sits on a 0.57-acre corner lot in Mooresville. Both units are occupied by multi-year tenants, and each includes a refrigerator, stove, and laundry hookups. Forced-air heating serves the property, while tenants pay all utilities.

Unit 234 received updates in 2024, including a new water heater and electric stove. Unit 236 was updated in 2019 and has a newer gas stove installed in 2022. The property is located at 234-236 Lehr Drive in Mooresville, Indiana.

Key Highlights

  • Duplex on a 0.57‑acre corner lot
  • Both units occupied by multi‑year tenants
  • Unit 234 updated in 2024 with a new water heater and electric stove

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Electrical Service Auto Parts Store Garden Center Spa & Massage Center Home Appliance Store Kitchen & Bath Showroom

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

2
Residential units

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
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two occupied units offer established tenancy, appliance packages, and laundry hookups.
Where is this duplex located?
The property is located at 234-236 Lehr Drive Mooresville, IN.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Duplex on a 0.57‑acre corner lot; Both units occupied by multi‑year tenants; Unit 234 updated in 2024 with a new water heater and electric stove
More about this property
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