118 N Clay Street, Mooresville, IN 46158
No Subdivision · Morgan County
Key Facts
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 2019, 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!
Property Information
Property Type
Residential Income
Sub-Type
Duplex
Year Built
1949
Lot Size
0.12 acres
Days on Market
25
MLS® Listing#
22108964
Property Features
Schools
- Middle:
- Paul Hadley Middle School
- High:
- Mooresville High School
Financial Details
Parcel Number
550136130045000005
Directions
GPS Friendly
Affordability Calculator
$53,000
Estimated monthly payment
$1,410/mo
Principal $212,000 · Est. interest $295,759 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Mooresville, IN
- $367,647
- Median Listing Price
- 34
- Median Days on Market
- 1,799
- Median Sq Ft
- $190
- Median Price / Sq Ft
- 63
- Active Listings
- This home’s price is 28% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Mooresville, IN.
Location
Points of Interest in Mooresville, IN
Showing the Mooresville area map.
Nearby Schools
Mooresville High School
Secondary · 0.4 mi away
Paul Hadley Middle School
Secondary · 0.5 mi away
Newby Memorial Elementary School
Elementary · 0.5 mi away
Child Adult Resource Services
School · 0.6 mi away
Neil Armstrong Elementary School
Elementary · 1.0 mi away
North Madison Elementary
Elementary · 4.4 mi away
Guilford Elementary School
Elementary · 4.5 mi away
Plainfield High School
Secondary · 4.7 mi away
Csia Technology Center
School · 4.8 mi away
Legends Cheer Academy II
School · 4.8 mi away
Brooklyn Elementary School
Elementary · 5.0 mi away
Islamic School of Plainfield
School · 5.2 mi away
West Newton Elementary School
Elementary · 5.7 mi away
Plainfield Community Middle School
Secondary · 5.7 mi away
Brentwood Elementary School
Elementary · 6.1 mi away
Clarks Creek Elementary School
Elementary · 6.2 mi away
The Imagination Lab
School · 6.2 mi away
ABC Child Care & Preschool
School · 6.2 mi away
Monrovia High School
Secondary · 6.2 mi away
Monrovia Middle School
Secondary · 6.2 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1025 Killian, Mooresville, IN | $204,900 | 3 | 3 | 1,664 |
| 603 Meadows Drive, Mooresville, IN | $215,000 | 3 | 2 | 1,131 |
| 950 Edgewood Drive, Mooresville, IN | $220,000 | 3 | 1 | 1,195 |
| 980 Westbrook Drive, Mooresville, IN | $220,000 | 3 | 1 | 1,200 |
| 622 Indianapolis Road, Mooresville, IN | $225,000 | 3 | 1 | 1,483 |
| 618 Meadows Drive, Mooresville, IN | $230,000 | 3 | 2 | 1,170 |
Moving Cost Estimate
EXIT Agents in Mooresville
Listing Courtesy: Traditions Realty, LLC - mitzibockelman16@gmail.com
Last Updated: 2026-06-18