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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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532 E Iredell Ave , Mooresville, NC 28115
$289,000
Est. Payment: $1,489.28/mo
4 Bed
2 Bath
1506 Sqft
Status: active | Days on site: 1
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House 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.

Highlights

Listed by Makayla Villarreal , 484-639-1467 and Grace Walser , 484-639-1467 The Agency - Charlotte , 980-293-5487. Canopy MLS mls logo

Property Type

Residential

Lot/Acreage
0.23

Year Built

1936

County

Iredell

Neighborhood

None

Listing ID

4409652

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:Electric Range, Electric Water Heater
Air Cond:Central Air
Fireplaces:
Floor:Laminate,Tile
Above Ground Sq Ft:1506
Below Ground Sq Ft:0
Other:Master on Main
Other:City

Exterior Features

Roof:Architectural Shingle
Sewer:Public Sewer
Parking Features:Driveway
Principal Interest
$1,489
Taxes
$184

Home Price

$289,000

Loan Details

30 yrs
6.683%

Down Payment

20%
$57,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,489.28

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,489.28 $184.24 $0.00 $1,673.51
Yearly $17,871.32 $2,210.85 $0.00 $20,082.17
Total $536,139.54 $66,325.50 $0.00 $602,465.04

Today's Rates

30 Year

6.68%

20 Year

6.55%

15 Year

6.13%

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Market insight data is pulled from the same city as the listing being viewed (Mooresville, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MLS GRID as of the date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The data relating to real estate on this website derive in part from the Internet Data Exchange program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Dream Team United | Keller Williams Connected | PLACE nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
Listings courtesy of Canopy MLS as distributed by MLS GRID

IDX service by Blueroof 360

Data last updated: 2026-08-01T20:02:06.000Z

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