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Brick Duplex
New
For Sale
$235,000

42-44 Allen Drive, Mooresville, IN 46158

Residential Income, Mooresville, IN

Property SizeContact for details
Lot Size0.50 Acres
Days on Market1

Property Features for 42-44 Allen Drive

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 2
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1, Bedroom 2, Bedroom 1
Subdivision Brookmoore
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 550513147003000005
Lot size 0.50 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Lot 119 Brookmoore Subdivision Lot 120 W 1/2 Brookmoore Subdivision
Tax Annual Amount 2072
Legal Description Lot 119 Brookmoore Subdivision Lot 120 W 1/2 Brookmoore Subdivision

Utilities

Heating system Natural Gas, Forced Air
Cooling system Central Air

Amenities

large yard

Building Details

Year built 1964
Floors in Building 1
Number of units 2
Building materials Brick
Roof type Shingle
Architectural style Other
Listing Agency: Highgarden Real Estate
Listed By: Hellena Robinett
Added: Oct 14 Last Checked: Oct 14 at 11:06PM
MLS# 22131213

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 1964 duplex in Mooresville has brick construction and two apartments, each with two bedrooms and one bathroom. Unit 42 has a new HVAC system; unit 44 also has a new HVAC system and new windows. The property includes a 0.5-acre lot, natural gas forced-air heating, central air conditioning, and a shingle roof.

Long-term tenants are in place in both units. The property is located on Allen Drive, with access to the interstate and nearby amenities.

Key Highlights

  • Two apartments, each with 2 bedrooms and 1 bathroom
  • 0.5‑acre lot
  • New HVAC systems in units 42 and 44

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Electrical Service Auto Parts Store Garden Center Home Appliance Store Carpet & Flooring 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
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
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
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Frequently Asked Questions

What type of property is this?
Duplex - Two-bedroom apartments have long-term tenants, with HVAC updates in both units.
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 apartments, each with 2 bedrooms and 1 bathroom; 0.5‑acre lot; New HVAC systems in units 42 and 44
More about this property
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