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Upgraded Duplex with New Roof
For Sale
$249,000

59-61 E Washington Street, Mooresville, IN 46158

Residential Income, Mooresville, IN

Property SizeContact for details
Lot Size0.15 Acres
Days on Market107

Property Features for 59-61 E Washington Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Exterior features Storage Shed, Balcony, Fire Pit
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 GPS Friendly
Standard status Active
APN 550136140005000005
Lot size 0.15 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Lot 10 Blk 4 E 1/2 Orig Plat Mooresville
Legal Description Lot 10 Blk 4 E 1/2 Orig Plat Mooresville

Utilities

Heating system Forced Air, Natural Gas
Cooling system Central Air, Window Unit(s)

Building Details

Year built 1910
Floors in Building 2
Number of units 2
Building materials Vinyl Siding
Roof type Shingle
Architectural style Other
Additional Structures Storage
Listing Agency: Keller Williams Indy Metro Partners · Keller Williams Realty
Listed By: Gloria Gear · License #RB16001575
Added: May 14 Changed: Aug 20 Last Checked: Aug 28 at 9:06AM
MLS# 22100964

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 duplex at 59-61 E Washington Street includes two residential units with bright interiors, functional floor plans, and generously sized bedrooms. Recent improvements include a new roof completed in 2025, cosmetic updates throughout, a new downstairs bathroom, and substantial sewer and plumbing work. Exterior features include a storage shed, balcony, and fire pit, while vinyl siding and a shingle roof provide the building envelope. Heating is provided by forced air with natural gas, and cooling includes central air and window units.

Built in 1910, the property occupies 0.15 acres in Mooresville, Indiana. The location offers proximity to local shopping, dining, schools, and major roadways. The property is configured as a duplex, with one unit offering three bedrooms and two bathrooms; details for the second unit are not specified.

Key Highlights

  • Duplex configuration with 2 residential units
  • New roof completed in 2025
  • Major sewer and plumbing upgrades

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Electrical Service Carpet & Flooring Store (Bike/Boat/Book/etc) Store HVAC Service Law Firm Butcher

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

Location Intelligence

Trade Area within ½ mile

651
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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two residential units offer refreshed interiors, updated plumbing, and practical living layouts.
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: Duplex configuration with 2 residential units; New roof completed in 2025; Major sewer and plumbing upgrades
More about this property
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