For Sale $190,000
Located on the corner of West Iredell and North Academy Streets in the heart of Mooresville, 261 West Iredell Avenue offers a rare opportunity for buyers looking to renovate, restore, or flip a piece of Mooresville history. Built in 1905, this three-bedroom home sits directly across from Mitchell Community College and just one block off Main Street — putting downtown Mooresville's shops, restaurants, and everyday conveniences within easy walking distance. The corner lot location adds even more appeal for future renovation plans. The home is approximately 1,800 square feet (all measurements to be verified by buyer) and is served by city water and sewer. It is being sold strictly as-is, in its current condition, and is priced accordingly to reflect the repairs and updates it will need. No repairs will be made by the seller prior to closing. The current owner has never occupied the property and has limited knowledge of its specific condition or repair needs, so buyers are strongly encouraged to complete a thorough inspection prior to submitting an offer. For the right investor, renovator, or buyer looking to create something special, this is a rare chance to own a piece of downtown Mooresville — offering a truly walkable lifestyle and strong long-term potential in one of the area's most established neighborhoods.
Attic Other, Cable Prewire
| List Price: | $190,000 |
| Status: | For Sale |
| Bedrooms: | 3 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1784 sqft |
| Parking: | Driveway |
| MLS Number: | CAR4429457 |
| Subdivision: | None |
| Style: | Transitional |
| Bathrooms: | 3 |
| Lot Description: | Corner Lot, Level |
| Year Built: | 1905 |
| Sewer Type: | Public Sewer |
| Elementary: | South |
| Middle: | East Mooresville |
| High: | Mooresville |
| Date | Event | Price | $/SQFT |
| 09-29-2026 | Listed | $190,000 | $107 |
| 01-17-2026 | Under Contract | $515,000 | $289 |
| 01-01-2026 | Listed | $515,000 | $289 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Coddle Creek Elementary School | 0 miles | PK-05 | 9 |
| Shepherd Elementary School | 4 miles | PK-05 | 8 |
| Langtree Charter Academy | 4 miles | KG-06 | 9 |
| Lakeshore Elementary School | 5 miles | PK-05 | 8 |
| Lake Norman Elementary School | 5 miles | PK-05 | 9 |
| Community School of Davidson | 6 miles | KG-06 | 10 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 261 Iredell Avenue, Mooresville NC | 0 mi | $190,000 | days | |
| 223 Institute Street, Mooresville NC | 0.2 mi | $299,900 | days | |
| 225 Institute Street, Mooresville NC | 0.2 mi | $299,900 | days | |
| 244 Institute Street, Mooresville NC | 0.2 mi | $349,900 | days | |
| 332 Cassidy Lane, Mooresville NC | 0.2 mi | $272,500 | days | |
| 524 Jakes Ridge Lane, Mooresville NC | 0.3 mi | $264,900 | days |
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
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| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
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Transportation to Work |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
A Courtesy Listing Provided By Coldwell Banker Realty
261 Iredell Avenue, Mooresville NC is a 1784 ft2 on a 0.290 acres lot. This is for $190,000. This has 3 bedrooms, 3 baths, and was built in 1905.
Based on information submitted to the MLS GRID as of 2026-09-29 16:25:40 EST. 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. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
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