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Terri Bias

Operator/Brokerage Owner | Terri Bias and Associates | PLACE

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261 W Iredell Ave , Mooresville, NC 28115
$180,000
Est. Payment: $1,011.61/mo
3 Bed
3 Bath
1808 Sqft
0.29 Acres
Status: active | Days on site: 7
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161706 - 69338
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Terri Bias
Operator/Brokerage Owner

House Description

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

Listed by Mark Gibson , 704-607-3000 Coldwell Banker Realty , 704-547-8490. Canopy MLS mls logo

Property Type

Residential

Lot/Acreage
0.29

Year Built

1905

County

Iredell

Neighborhood

None

Listing ID

4429457

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:2
  • ▪ 1/2 Bathrooms:1
Appliances:Electric Oven, Refrigerator
Air Cond:Central Air
Fireplaces:Other - See Remarks
Floor:Carpet,Laminate,Wood
Above Ground Sq Ft:1808
Basement:Exterior Entry,Storage Space
Other:
  • ▪ Additional:Attic Other, Cable Prewire, Has Fireplace, Master on Main
Water:City

Exterior Features

Lot:Corner Lot,Level
Roof:Architectural Shingle
Sewer:Public Sewer
Parking Features:Driveway
Principal Interest
$1,012
Taxes
$115

Home Price

$180,000

Loan Details

30 yrs
7.548%

Down Payment

20%
$36,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,011.61

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,011.61 $114.75 $0.00 $1,126.36
Yearly $12,139.27 $1,377.00 $0.00 $13,516.27
Total $364,178.20 $41,310.00 $0.00 $405,488.20

Today's Rates

30 Year

7.55%

20 Year

7.5%

15 Year

6.75%

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Market insight data is pulled from the same city as the listing being viewed (Mooresville, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MLS GRID as of the date listed below. 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.
The data relating to real estate on this website derive in part from the Internet Data Exchange program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Terri Bias and Associates | PLACE nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
Listings courtesy of Canopy MLS as distributed by MLS GRID

IDX service by Blueroof 360

Data last updated: 2026-10-14T13:51:08.000Z

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