Description
Rare opportunity to own a fully occupied DUPLEX just a short 6-7 minute stroll from Downtown Mooresville’s restaurants, breweries, coffee shops, boutiques, parks, and year-round community events. Offering immediate rental income with both units currently tenant occupied, this property is an excellent addition to any investment portfolio while also providing future flexibility for an owner-occupant looking to live in one unit and rent out the other. Each unit features 2 bedrooms, 1 full bathroom, an efficient floor plan, inviting front porch, and updated flooring with a combination of wood-look laminate and carpet. Major updates include a new roof in 2025 and a new water heater in Unit A, providing added value and peace of mind for the next owner. With no HOA, investors have the flexibility to explore long-term, mid-term, or short-term rental opportunities (subject to local regulations), allowing you to maximize the property’s income potential. Whether you’re looking to generate immediate cash flow, add a versatile income-producing property to your portfolio, or secure a duplex with multiple investment strategies, this is an opportunity you won’t want to miss.
Address
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Address: 532 E Iredell Avenue, Mooresville, North Carolina 28115
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City: Mooresville
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State/county: NC
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Zip/Postal Code: 28115
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Area: NONE
Details
Updated on August 1, 2026 at 11:01 pm-
Property ID 4409652
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Price $289,000
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Bedrooms 4
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Bathrooms 2
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Year Built 1936
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Property Type Single Family Residence, Residential
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Property Status Pending, For Sale
Additional details
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Listing Terms Cash, Conventional
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Roof Architectural Shingle
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Sewer Public Sewer
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Cooling Central Air
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Heating Heat Pump
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Flooring Laminate, Tile
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County Iredell
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Property Type Residential
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Parking Driveway
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Elementary School South / Mooresville IS
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Middle School Mooresville
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High School Mooresville
Features
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Down Payment
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Loan Amount
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Monthly Mortgage Payment
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Property Tax
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Home Insurance
Contact Information
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