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Listed by Mitzi Myers • Traditions Realty, LLC
$ 270,000
Est. payment /mo
New
118 N Clay ST Mooresville, IN 46158
5,227 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision No Subdivision
MLS Listing ID 22108964
Year Built 1949
Tax Year 2025
Lot Size 5,227 Sqft
Acres 0.12
Property Sub-Type Duplex
Property Description
Excellent investment opportunity!! You choose... Live in one side and rent the other? Or rent both sides? You can't lose! This duplex IS ready for you!! From the solid lime stone exterior to the crisp and clean interior, this is an absolute winner! Spanning a total of 1,670 square feet, both sides offer 2 bedrooms and 1 bathroom, making it a highly marketable investment. The property underwent a total remodel in 2023, including both kitchens and baths and updating the floor plans, smart & efficiently making the most of the 835 sq ft per unit. It has maintained a strong occupancy since it was purchased. One side has a 6+ year, long-term tenant proving the quality of the home and desirability of the location. The other side has never gone more than 7 days vacant! This reflects the highly competitive rental market in Mooresville. The duplex sits on a quiet corner lot and offers plenty of off-street parking for one unit and a private driveway for the other unit. Start a new investment opportunity today or add this to your current portfolio, either way, this is a must-see!
Location
State IN
County Morgan
Interior
Fireplace N
Building
New Construction false
Schools
Middle Schools Paul Hadley Middle School
High Schools Mooresville High School
School District Mooresville Con School Corp
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Mia Chatman
Broker/Owner | License ID: RB17000298