Active

Price cut: $24K (7/25)

$276,000

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

4beds

4baths

--sqft

$1,705/mo

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Multi Family, Quadruplex

Built in 1880

-- sqft lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Low-maintenance vinyl sidingStorage shedDedicated tenant parkingCorner lot

Fully Occupied & Stabilized 4-Unit Investment Opportunity in Mooresville! Unit Mix: Four 1 Bed / 1 Bath units Appraised at $300K Occupancy: 100% occupied - $1000, $1000, $900, $875 Utilities: Separately metered: landlord only pays sewer and water Exterior & Grounds: Low-maintenance vinyl siding, storage shed, corner lot, and dedicated tenant parking Location: Minutes from downtown Mooresville, schools, dining, and commuter routes

92 days

217

13

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4
Main level bathrooms: 4

Heating

Wall Furnace

Cooling

Window Unit(s)

Appliances

Laundry: No Laundry Facil.

Features

Has basement: No

Property

Parking

Total spaces: 1
Parking features: Alley Access
Details: Unit Parking(1 Car Space, On Street)

Features

Levels: One
Stories: 1

Lot

Size: 9,583 Square Feet

Details

Additional structures: Storage
Parcel number: 550136140016000005

Construction

Type & style

Home type: MultiFamily
Architectural style: Traditional
Property subtype: Multi Family, Quadruplex
Attached to another structure: Yes

Materials

Vinyl Siding
Foundation: Crawl Space
Roof: Shingle

Condition

Updated/Remodeled
New construction: No
Year built: 1880

Community & HOA

Community

Security: Smoke Detector(s)
Subdivision: No Subdivision

Location

Region: Mooresville

Financial & listing details

Annual tax amount: $2,912
Date on market: 5/8/2026
Cumulative days on market: 54 days
Tenant pays: All Utilities

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
7/25/2026	Price change	$276,000-8%
Source: MIBOR as distributed by MLS GRID #22100152 Report a problem
6/15/2026	Listed for sale	$300,000
Source: MIBOR as distributed by MLS GRID #22100152 Report a problem
5/8/2026	Pending sale	$300,000
Source: MIBOR as distributed by MLS GRID #22100152 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: 46158

Getting around

68 / 100

Somewhat Walkable

45 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

7/10
Newby Memorial Elementary School
Grades: PK-6Distance: 0.4 mi
6/10
Paul Hadley Middle School
Grades: 7-8Distance: 0.5 mi
8/10
Mooresville High School
Grades: 9-12Distance: 0.5 mi

Schools provided by the listing agent

Elementary: Newby Memorial Elementary School
Middle: Paul Hadley Middle School
High: Mooresville High School

Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.