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Updated Duplex
For Sale
$249,000

59-61 E Washington Street, Mooresville, IN 46158

Recent roof and plumbing work complement cosmetic improvements throughout the two-unit property.

Property SizeContact for details
Days on Market167

Property Features for 59-61 E Washington Street

General Information

Standard status Active
Property subtype Residential Income

Additional Details

Gross Income $30,000
Multifamily Units 2

Amenities

Storage Shed
Balcony
Fire Pit

Building Details

Year Built 1910
Stories 2
Units 2
Listing Agency: Keller Williams Indy Metro Partners
Listed By: Gloria Gear · License #LB16001575
Source: Battsrealestategroup
Added: May 14 Changed: Oct 26 Last Checked: Oct 26 at 3:43AM

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

Rey
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Investment Insights

Based on property information with market context.

This duplex, built in 1910, has two units and has received a cosmetic refresh throughout. Improvements include a new roof in 2025, a new downstairs bathroom, and substantial sewer and plumbing work. One unit has three bedrooms and two bathrooms.

Shopping, dining, schools, and major roadways are described as nearby.

Key Highlights

  • New roof installed in 2025
  • Three‑bedroom, two‑bathroom unit
  • New downstairs bathroom

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

634
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
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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 - Recent roof and plumbing work complement cosmetic improvements throughout the two-unit property.
Where is this duplex located?
The property is located at 59-61 E Washington Street Mooresville, IN.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: New roof installed in 2025; Three‑bedroom, two‑bathroom unit; New downstairs bathroom
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