Closed

$827,000

374 Water St, Mooresville, NC 28115

2beds

4,500sqft

Multi Family

Built in 1990

-- sqft lot

$826,800 Zestimate^®

$184/sqft

$1,095 Estimated rent

Home value

$826,800

$785,000 - $868,000

$1,095/mo

Zestimate^® history

Owner options

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$1,095/mo

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$1,095/mo

Rent Zestimate^®

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$4,876/mo

Est. payment

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$4,876/mo

Est. payment

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What's special

Extensive exterior site workThree well-maintained duplex buildingsNew lvp flooringDedicated utility rooms

374 Water St presents a rare opportunity to acquire a turnkey, 6-unit multifamily asset in the highly desirable Mooresville market. The property consists of three well-maintained duplex buildings featuring spacious 2-bedroom, 1-bathroom floor plans, each with dedicated utility rooms and washer/dryer hookups. Ownership has completed extensive capital improvements, including new LVP flooring and dual mini-split A/C systems in every unit, extensive exterior site work, and updated kitchens and baths with select premium finishes. Located just minutes from the revitalized downtown Mooresville core and the rapidly growing Lake Norman corridor, the property offers tenants exceptional regional connectivity and a premier lifestyle.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 6

Heating

Ductless

Cooling

Ductless

Appliances

Included: Dishwasher, Electric Range, Refrigerator
Laundry: Utility Room

Features

Has basement: No

Interior area

Total structure area: 4,500
Total interior livable area: 4,500 sqft
Finished area above ground: 4,500
Finished area below ground: 0

Property

Parking

Parking features: Parking Space(s)

Features

Stories: 1

Lot

Size: 0.59 Acres

Details

Parcel number: 4666086204.000
Zoning: TN
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Vinyl
Foundation: Slab

Condition

New construction: No
Year built: 1990

Utilities & green energy

Sewer: Public Sewer
Water: City

Community & HOA

Location

Region: Mooresville

Financial & listing details

Price per square foot: $184/sqft
Tax assessed value: $550,760
Date on market: 4/16/2026
Cumulative days on market: 13 days
Listing terms: Cash,Conventional
Tenant pays: All Except Water
Road surface type: Asphalt, Paved

Price history

Date	Event	Price
7/30/2026	Sold	$827,000-2.7%$184/sqft
Source: Canopy MLS as distributed by MLS GRID #4370764 Report a problem
4/16/2026	Listed for sale	$850,000$189/sqft
Source: Canopy MLS as distributed by MLS GRID #4370764 Report a problem