223 Institute StreetMooresville, NC 28115
$299,900
MLS #4406024
Listed by NextHome Advantage
3Beds
2.5Baths
1,656SqFt
261 W Iredell Avenue · Mooresville, NC 28115
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1 of 34
Active
$180,000
Est. $1,240/mo — Get pre-qualified
3beds
2.5baths
1,808sq ft
0.29acres
261 W Iredell Avenue · Mooresville, NC 28115
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.
Features & Amenities
Living Area1,808 Sq.Ft.
Bedrooms3
Baths2.5
HeatingCentral, Heat Pump
CoolingCentral Air
FlooringCarpet, Laminate, Wood
FireplaceOther - See Remarks
AppliancesElectric Oven, Refrigerator
Interior FeaturesAttic Other, Cable Prewire
LaundryMud Room
StyleTransitional
Year Built1905
ConstructionVinyl
RoofArchitectural Shingle
FoundationBasement
ParkingDriveway
StatusActive
Lot Size0.29 Acres
Lot FeaturesCorner Lot, Level
CountyIREDELL
Property TypeResidential
Property SubTypeSingle Family Residence
Last UpdatedOct 9, 2026
UtilitiesCable Available
SewerPublic Sewer
Water SourceCity
HOANo
ElementarySouth Elementary School
MiddleEast Mooresville Middle School
HighMooresville High School
Presented By: Coldwell Banker Realty; bill.cormier@cbcarolinas.com
Location
Property boundary from county GIS
Map layers
Neighborhood Snapshot
U.S. Census Bureau, ACS 5-year estimatesNeighborhood data describes this home's U.S. Census tract and is provided for information only. Statistics describe an area, not any individual property or its residents.
Pricing History
| Date | Event | Price | Change |
|---|---|---|---|
| Oct 9, 2026 | Price Reduced | $190,000 → $180,000 | ▾ $10,000 (5.3%) |
Monthly Cost Estimate
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* Estimates only. Actual rates, payments, and terms vary. Consult a licensed mortgage professional.
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