Single Family Residence at 261 W Iredell Avenue, Mooresville
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$180,000

261 W Iredell Avenue
Mooresville, NC 28115
Listed by Mark Gibson · Coldwell Banker Realty
Bedrooms
3
Bathrooms
2.5
Living area
1,808 sqft
Year built
1905

About this home

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.

Highlights

Fireplace

Property details

MLS
Canopy MLS
MLS #
CAR4429457
Property type
Single Family Residence
Subdivision
None
Status
Active
Days on market
7
On market date
September 29, 2026
Stories
N/A
Total bathrooms
2.5
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Park View Elementary
0.58 mi away · Grades 0-3
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
553
Student:teacher ratio
13.5:1
District
Mooresville Graded School District
Middle
East Mooresville Intermediate
2.29 mi away · Grades 4-6
Zoned school (attendance boundary, 2015-16 data)
3.7
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
599
Student:teacher ratio
17.6:1
District
Mooresville Graded School District
High
Mooresville High School
0.62 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
3.4
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
2,008
Student:teacher ratio
18.6:1
District
Mooresville Graded School District

Walkability

Blended score for Mooresville's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.

52
Somewhat walkable
out of 100
EPA National Walkability Index
10.3 / 20 -- Below average walkable

Market position

How this listing compares to current activity in Mooresville, from live MLS data.

On the market 7 days -- 100 fewer days than Mooresville's current average of 107 days.
For reference, the median list price across 766 active listings in Mooresville right now is $442,500.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$1,234/mo
$36,000 down
$144,000 loan
Principal & interest$934
Property tax (est.)$150
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated 10 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.