For Sale $209,900
INVESTOR & BUILDER OPPORTUNITY! Desirable downtown location with an opportunity to acquire a property offering approximately 0.74 acre (Tract A), with an adjoining 0.69-acre parcel (Tract B) available separately. Combined acreage of approximately 1.43 acres creates an attractive opportunity for investors, builders, or developers to explore the possibilities. The existing single-story home features 3 bedrooms and 1.5 baths, along with a dirt-floor basement. Property is severely distressed and requires extensive rehabilitation. The foundation is partially collapsed, and plumbing and electrical wiring have been removed. Significant structural repairs and system replacement will be necessary. Whether considering redevelopment, renovation, or another investment strategy, this property offers the opportunity to capitalize on its desirable downtown location and generous lot size. Silt fencing is in place. Adjoining Tract B is listed separately. Property sold AS-IS. Buyers to verify zoning, permitted uses, and development potential. See MLS 4440544 for adjoining lot. Bring your vision and explore the possibilities this unique investment opportunity has to offer
| List Price: | $209,900 |
| Status: | For Sale |
| Bedrooms: | 3 |
| Type: | Single Family Residence |
| Parking: | Driveway |
| MLS Number: | CAR4440542 |
| Subdivision: | Mooresville Mill Village |
| Bathrooms: | 1 |
| Lot Description: | Wooded, Other - See Remarks |
| Year Built: | 1950 |
| Sewer Type: | Public Sewer |
| Elementary: | South |
| Middle: | East Mooresville |
| High: | Mooresville |
| Date | Event | Price | $/SQFT |
| 11-04-2026 | Listed | $209,900 | N/A |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Shepherd Elementary School | 2 miles | PK-05 | 8 |
| Coddle Creek Elementary School | 4 miles | PK-05 | 9 |
| Mount Ulla Elementary School | 4 miles | KG-05 | 6 |
| Lakeshore Elementary School | 6 miles | PK-05 | 8 |
| Lake Norman Elementary School | 7 miles | PK-05 | 9 |
| Troutman Elementary School | 7 miles | PK-05 | 5 |
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 |
| 724 Center Avenue, Mooresville NC | 0 mi | $209,900 | days | |
| 1445 Mount Ulla Highway, Mooresville NC | 0.5 mi | $439,000 | days | |
| 166 Windgate Way, Mooresville NC | 0.6 mi | $494,100 | days | |
| 136 Woodridge Lane, Mooresville NC | 0.6 mi | $294,500 | days | |
| 107 Dupree Lane, Mooresville NC | 0.7 mi | $649,000 | days | |
| 146 Lovett Trail, Mooresville NC | 0.8 mi | $591,950 | 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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| H.O.A. / Maintenance |
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
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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 Patricia Snow
724 Center Avenue, Mooresville NC is a 0 ft2 on a 0.743 acres lot. This is for $209,900. This has 3 bedrooms, 1 baths, and was built in 1950.
Based on information submitted to the MLS GRID as of 2026-11-04 15:55:41 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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