Corner Fourplex with Dedicated Parking

48-50 1/2 E Main Street, Mooresville, IN 46158

View on Map

For Sale

$300,000

MULTI_FAMILY - Other - Mooresville, IN

Lot size:

0.22 Acres

HighLights

Fourplex with four 1‑bedroom, 1‑bath units
Each unit has its own dedicated parking space and tenants pay all utilities
Corner lot location with access via alley parking
Vinyl siding exterior with shingle roof
Each unit includes wall furnace heat and window unit cooling
Storage shed on the property; built in 1880

We can help!

Contact an agent

Gloria Gear

For Sale

$300,000

MULTI_FAMILY - Other - Mooresville, IN

Lot size:

0.22 Acres

Added:: May 8, 2026
Days on Market:: 58
Last Refresh:: Jul 4 at 12:06 pm

Property Features for 48-50 1/2 E Main Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Parking features: Alley
Exterior features: Storage Shed
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

Utilities

Heating system: Wall Furnace
Cooling system: Window Unit(s)

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

We can help!

Contact an agent

Gloria Gear

Listing agent Gloria Gear License #RB16001575

Listing office Keller Williams Indy Metro S Kingston St Ste 100 8102, Avon, IN

Listing date May 8, 2026

MLS# 22100152 Listing URL

HighLights

Fourplex with four 1‑bedroom, 1‑bath units
Each unit has its own dedicated parking space and tenants pay all utilities
Corner lot location with access via alley parking
Vinyl siding exterior with shingle roof
Each unit includes wall furnace heat and window unit cooling
Storage shed on the property; built in 1880

Overview

This four-unit property is configured as a fourplex with four separate one-bedroom, one-bath residences. The exterior is finished in low-maintenance vinyl, and the property includes a storage shed. Each unit is supported by its own dedicated parking space, creating straightforward day-to-day access for residents.

The building sits on a corner lot at 48-50 1/2 E Main Street in Mooresville, Indiana (Morgan County). Public remarks indicate tenants are currently in place and that residents pay all utilities, with rental income already established.

For buyers looking for an income-producing multi-family asset, this structure offers four independent living units within a single ownership. The unit mix and on-site parking support tenant convenience, while the combination of tenant-paid utilities and existing rental income may appeal to investors seeking a turn-key setup based on the information provided.

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Location Insight

Map
Local Demand

City: Mooresville
County: Morgan
State: Indiana
Longitude: -86.373187
Latitude: 39.612908

Nearby Similar for Sale

$250,000

Duplex with Two Separate Units

Duplex with two separate units, including a currently vacant larger unit, offering flexible living or rental options.

59-61 E Washington Street, Mooresville, IN 46158

View Details
$2,300,000

2,555 SF

Freestanding Commercial Building Sale-Leaseback

2,555 SF Mooresville building with NNN lease.

366 S Indiana St, Mooresville, IN

View Details
$750,000

Brick Office Building with Multiple Suites

Well-maintained office building with multiple suites, spacious foyers, and ample parking for professional offices or medical practices.

5229-5239 E S R 144, Mooresville, IN 46158

View Details
$750,000

Brick Office Building with Multiple Suites

Well-maintained brick office building with flexible suites, spacious foyers, multiple bathrooms, and convenient client parking.

5229-5239 E S R 144, Mooresville, IN 46158

View Details
$2,300,000

2,555 SF

Mooresville, Indiana NNN Investment

2,555 SF NNN sale-leaseback property in Mooresville, Indiana.

366 S Indiana St, Mooresville, IN 46158

View Details
$1,222,000

5,000 SF

Retail Property Near Shopping Center

Retail property with excellent visibility near a shopping center.

437 S Indiana St, Mooresville, IN

View Details
$3,900,000

8,500 SF

New Truck Repair Facility

Under development truck repair facility on 4.99 acres.

1259 IN-67, Mooresville, IN

View Details
$599,000

2,430 SF

Salon and Spa Commercial Building

Fully operational salon and spa commercial building for sale.

241 E High Street, Mooresville, IN 46158

View Details

For sale
Quadplexes
IN
Mooresville
46158
48-50 1/2 E Main Street

What type of property is this?

Quadplex - Four one-bedroom, one-bath units with dedicated parking and tenant-paid utilities on a corner lot.

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 $300,000.

What are key features of this property?

This property features: Fourplex with four 1‑bedroom, 1‑bath units; Each unit has its own dedicated parking space and tenants pay all utilities; Corner lot location with access via alley parking

48-50 1/2 E Main Street, Mooresville, IN 46158

MULTI_FAMILY - Other - Mooresville, IN

Property Features for 48-50 1/2 E Main Street

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Duplex with Two Separate Units

Freestanding Commercial Building Sale-Leaseback

Brick Office Building with Multiple Suites

Brick Office Building with Multiple Suites

Mooresville, Indiana NNN Investment

Retail Property Near Shopping Center

New Truck Repair Facility

Salon and Spa Commercial Building

FAQs