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Brick Duplex with Updated HVAC
For Sale
$235,000

42-44 Allen Drive, Mooresville, IN 46158

Two-bedroom, one-bath units are occupied by long-term tenants, with newer HVAC systems in both residences.

Property SizeContact for details
Days on Market14

Property Features for 42-44 Allen Drive

General Information

Standard status Active
Property subtype Residential Income

Additional Details

Highway Access Yes
Multifamily Units 2
Tenant in Place Yes

Amenities

large yard

Building Details

Year Built 1964
Buildings 1
Stories 1
Units 2
Construction all-brick
Listing Agency: Highgarden Real Estate
Listed By: Hellena Robinett
Source: Gmartinrealty
Added: Oct 14 Changed: Oct 26 Last Checked: Oct 26 at 4:00AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Highgarden Real Estate

Rey
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Investment Insights

Based on property information with market context.

This brick duplex, built in 1964, contains two units, each with two bedrooms and one bathroom. Both residences have newer HVAC systems; Unit 44 also has replacement windows. Long-term tenants are in place, and the property includes a large yard.

The duplex is at 42-44 Allen Drive in Mooresville, with access to the interstate and nearby amenities. A second property at 32-36 Allen Drive is also identified on the same street.

Key Highlights

  • Two units, each with 2 bedrooms and 1 bathroom
  • Brick construction; built in 1964
  • Unit 44 has new windows

Property Analytics

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

56
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

Frequently Asked Questions

What type of property is this?
Duplex - Two-bedroom, one-bath units are occupied by long-term tenants, with newer HVAC systems in both residences.
Where is this duplex located?
The property is located at 42-44 Allen Drive Mooresville, IN.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1 bathroom; Brick construction; built in 1964; Unit 44 has new windows
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