Four-Unit Quadplex with Tenant
For Sale
$276,000
48-50 1/2 E Main Street, Mooresville, IN 46158
Four one-bedroom residences feature separate utility meters, a storage shed, and a corner-lot setting.
Property SizeContact for details
Days on Market173
Property Features for 48-50 1/2 E Main Street
General Information
Standard status
Active
Property subtype
Residential Income
Occupancy
100%
Units
Unit Mix
4 x 1BR/1BA
Multifamily Units
4
Individually Metered Utilities
unspecified utilities
Additional Details
Tenant in Place
Yes
Amenities
storage shed
Storage Shed
Building Details
Year Built
1880
Stories
1
Units
4
Construction
vinyl siding
Listing Agency:
Keller Williams Indy Metro Partners
(317) 271-5959
Listed By:
Gloria Gear · License #LB16001575
(317) 750-4998
Source:
Gmartinrealty
Added: May 8
Changed: Oct 25
Last Checked: Oct 26 at 4:04AM
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 Keller Williams Indy Metro Partners
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This four-unit property contains four one-bedroom, one-bathroom residences and was built in 1880. Vinyl siding and a storage shed are among the exterior features, with dedicated parking for tenants on the corner lot.
Each unit has separate utility metering; the owner pays for sewer and water. The property is minutes from downtown Mooresville, schools, dining, and commuter routes. All four units are occupied.
Each unit has separate utility metering; the owner pays for sewer and water. The property is minutes from downtown Mooresville, schools, dining, and commuter routes. All four units are occupied.
Key Highlights
- Four 1‑bedroom, 1‑bathroom units
- 100% occupancy
- Separately metered utilities; owner pays sewer and water
Property Analytics
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
Frequently Asked Questions
What type of property is this?
Quadplex - Four one-bedroom residences feature separate utility meters, a storage shed, and a corner-lot setting.
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‑bedroom, 1‑bathroom units; 100% occupancy; Separately metered utilities; owner pays sewer and water
