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7591-7593 N Old S R 67, 
Mooresville, IN 46158

$399,999


—

Bed


—

Bath


-

Sq Ft


Multi-Family

Active

Listed by

Danielle Stiles

, 

Dawn Purdie

The Modglin Group

317-865-9400

Last updated:

October 9, 2026, 03:52 PM

MLS#

22119730

Source:

IN MIBOR | Licensed in Indiana

About This Home

7591-7593 N Old S R 67

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!

Home Facts

Multi-Family

Built in 1978

Subdivision & Development:

No Subdivision

Price Summary

399,999

MLS #:

22119730

Last Updated:

October 9, 2026, 03:52 PM

Added:

1 month(s) ago


Structure

Structure

Architectural Style:

Log

Year Built:

1978


Lot

Lot Size (Sq. Ft):

54,885


Finances & Disclosures

Finances

Price:

$399,999

Source:IN MIBOR | Licensed in Indiana
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.