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Log Cabin Triplex
New
For Sale
$420,000

7591-7593 N Old S R 67, Mooresville, IN 46158

Residential Income, Mooresville, IN

Property SizeContact for details
Lot Size1.26 Acres
Days on Market3

Property Features for 7591-7593 N Old S R 67

General Information

Property type Residential Multi Family
Property subtype Triplex
Rooms Basement
Exterior features Storage Shed
Basement Unfinished
Subdivision No Subdivision
Lot features Corner Lot, Mature Trees
Elementary school district MSD Martinsville Schools
Middle school district MSD Martinsville Schools
High school district MSD Martinsville Schools
Directions GPS Friendly
Standard status Active
APN 550525100017001008
Lot size 1.26 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description S25 T13 R1e Pt Nw 1.26 A.
Legal Description S25 T13 R1e Pt Nw 1.26 A.

Utilities

Heating system Electric (Heating)

Amenities

wrap-around porches
laundry hookups

Building Details

Year built 1978
Floors in Building 2
Number of units 3
Building materials Log, Log Siding
Roof type Asphalt
Architectural style Other
Additional Structures Storage
Listing Agency: The Modglin Group
Listed By: Danielle Stiles · License #RB18000499
Added: Aug 19 Changed: Aug 20 Last Checked: Aug 21 at 4:06AM
MLS# 22119730

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 1978 log cabin is configured as a tri-level triplex on a 1.26-acre corner lot in Mooresville, Indiana. The main-floor unit includes 4 bedrooms, 1 bathroom, two living-area entrances, and a private porch. A 3-bedroom, 1-bath unit occupies the second level, while the upper unit includes 3 bedrooms, 1.5 bathrooms, and an open living room and kitchen. Each unit has its own kitchen and laundry hookups.

Units 2 and 3 are currently leased, while Unit 1 provides additional rental or owner-occupancy flexibility. The property also includes wraparound porches, mature trees, a gravel driveway, a storage shed, and electric heating. It is approximately 10 minutes from Mooresville, 13 minutes from Martinsville, and 35 minutes from Downtown Indianapolis. The main-floor unit’s enclosed stairway could be reconfigured to reconnect the upper level, subject to the buyer’s plans.

Key Highlights

  • 1.26‑acre corner lot with mature trees and wraparound porches
  • Three separate living units, each with a kitchen and laundry hookups
  • Unit 1: 4 bedrooms and 1 bath with two entrances and a private porch

Property Analytics

Current Use

Triplexes

Lease Details

3
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

51
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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Frequently Asked Questions

What type of property is this?
Triplex - Three separate living units offer individual kitchens, laundry hookups, and flexible occupancy options.
Where is this triplex located?
The property is located at 7591-7593 N Old S R 67 Mooresville, IN.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: 1.26‑acre corner lot with mature trees and wraparound porches; Three separate living units, each with a kitchen and laundry hookups; Unit 1: 4 bedrooms and 1 bath with two entrances and a private porch
More about this property
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