7591-7593 N Old S R 67, Mooresville, IN 46158
Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
7591-7593 N Old S R 67,Mooresville, IN 46158
$399,999
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: danielle stiles, dawn purdie
Office: the modglin group
MLS#:22119730
Source:IN_MIBOR | Licensed in Indiana
Price summary
- Price:$399,999
About this home
Motivated Seller BRING YOUR OFFER! Charming Tri-Level Log Cabin with Income-Producing Potential in Mooresville! Unique investment opportunity just outside of Brooklyn in the Martinsville school district! This Cabin sits on a spacious corner lot surrounded by mature trees, offering plenty of shade, wrap around porches for privacy, and outdoor space for entertaining. The gravel driveway provides ample parking, with space for approximately two vehicles per unit. The property is currently configured as three separate living units, each offering its own kitchen and laundry hookups, creating an excellent opportunity for an investor seeking multiple income streams or a buyer looking for flexible multi-generational living. Unit 1 which is on the main floor has original stairs to second floor walled off; however, these can be removed and reconfigured back one larger two story living space. Unit 1, features 4 bedrooms and 1 bath, with two separate entrances into the living space and its own private porch area. Unit 2, located on the second level, offers 3 bedrooms, 1 bathroom, and spacious kitchen. Unit 3 is accessed from the second level and continues upward into the home's top tri-level, where you'll find a spacious open-concept living room and kitchen, 3 bedrooms, and 1.5 baths. Conveniently located approximately 10 minutes from Mooresville, 13 minutes from Martinsville, and 35 minutes from Downtown Indianapolis, this property offers a unique combination of character, location, rental potential, and flexibility. Units 2 and 3 are currently leased, providing immediate rental income, while Unit 1 offers additional rental potential or flexibility for an owner occupant. Whether you're looking to expand your rental portfolio, house multiple generations under one roof, or restore this distinctive log cabin into a spacious single-family home, this is an opportunity worth exploring!...
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Home facts
- Year built:1978
- Subdivision & Development:No Subdivision
- Listing ID #:22119730
- Added:52 day(s) ago
- Updated:October 21, 2026 at 03:49 PM
Rooms and interior
- Basement:Yes
- Basement Description:Basement, Roughed In, Unfinished
Heating and cooling
- Cooling:Central Electric, Wall Unit(s)
- Heating:Electronic Air Filter
- Central air:Yes
Structure and exterior
- Roof:Asphalt
- Year built:1978
- Lot area:1.26 Acres
- Lot Features:Corner Lot, Mature Trees
- Architectural Style:Log
- Exterior Features:Storage Shed
- Foundation Description:Block
Finances and disclosures
- Price:$399,999
Parking
- Carport spaces:6
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