Four-Unit Residential Income
For Sale
$276,000
48-50 1/2 E Main Street, Mooresville, IN 46158
MULTI_FAMILY - Other - Mooresville, IN
Property SizeContact for details
Lot Size0.22 Acres
Days on Market103
Property Features for 48-50 1/2 E Main Street
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Parking features
Alley
Exterior features
Storage Shed
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
From Indy take 70 West to 267 South at T turn left. Follow to W main street and turn left. House will be about 1/4 mile on the left.
Standard status
Active
APN
550136140016000005
Lot size
0.22 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Lot 6 Blk 4 Pt West
Legal Description
Lot 6 Blk 4 Pt West
Utilities
Heating system
Wall Furnace
Cooling system
Window Unit(s)
Amenities
storage shed
Building Details
Year built
1880
Floors in Building
1
Number of units
4
Building materials
Vinyl Siding
Roof type
Shingle
Architectural style
Other
Additional Structures
Storage
Listing Agency:
Keller Williams Indy Metro Partners · Keller Williams Realty
(317) 271-5959
Listed By:
Gloria Gear · License #RB16001575
(317) 271-5959
Added: May 8
Changed: Jul 25
Last Checked: Aug 18 at 7:06PM
MLS# 22100152
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 property is a four-unit residential income building with a unit mix of four 1-bedroom, 1-bath apartments. The asset is fully occupied and described as stabilized. Units are separately metered, with the landlord paying sewer and water, while tenant rent is provided for $1,000, $1,000, $900, and $875.
The exterior features low-maintenance vinyl siding and includes a storage shed. The property sits on a corner lot with dedicated tenant parking.
The building is located at 48-50 1/2 E Main Street in Mooresville, Indiana, with access to downtown Mooresville and nearby schools, dining, and commuter routes.
The exterior features low-maintenance vinyl siding and includes a storage shed. The property sits on a corner lot with dedicated tenant parking.
The building is located at 48-50 1/2 E Main Street in Mooresville, Indiana, with access to downtown Mooresville and nearby schools, dining, and commuter routes.
Key Highlights
- Four 1 bed/1 bath units, fully occupied (100%) with rents of $1,000, $1,000, $900, and $875
- Separately metered utilities; landlord only pays sewer and water
- Corner lot with low‑maintenance vinyl siding and a storage shed
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
651
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four fully occupied 1-bedroom, 1-bath units on a corner lot with dedicated tenant parking.
Where is this quadplex located?
The property is located at 48-50 1/2 E Main Street Mooresville, IN.
What is the asking price?
The asking price for this property is $276,000.
What are key features of this property?
This property features: Four 1 bed/1 bath units, fully occupied (100%) with rents of $1,000, $1,000, $900, and $875; Separately metered utilities; landlord only pays sewer and water; Corner lot with low‑maintenance vinyl siding and a storage shed
