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$850,000 Just Listed
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Property Description
374 Water St presents a rare opportunity to acquire a turnkey, 6-unit multifamily asset in the highly desirable Mooresville market. The property consists of three well-maintained duplex buildings featuring spacious 2-bedroom, 1-bathroom floor plans, each with dedicated utility rooms and washer/dryer hookups. Ownership has completed extensive capital improvements, including new LVP flooring and dual mini-split A/C systems in every unit, extensive exterior site work, and updated kitchens and baths with select premium finishes. Located just minutes from the revitalized downtown Mooresville core and the rapidly growing Lake Norman corridor, the property offers tenants exceptional regional connectivity and a premier lifestyle.
Full Property Details
Full Property Details for 374 Water St
General
- Price: $850,000
- Status: Active
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4370764
- Updated: 4/16/2026
- Added to Site: 2 day(s) ago
Interior
- Appliances: Dishwasher, Electric Range, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 6
Bedrooms
- Total Bedrooms: 12
Other Rooms
- Laundry: Utility Room
Parking
- Parking Features: Parking Space(s)
Location
- County: Iredell
Community
- Pets Allowed: Yes
- Pets: Conditional
Heating & Cooling
- Cooling Type: Ductless
- Heating Type: Ductless
Utilities
- Sewer: Public Sewer
- Water: City
Structural Information
- Construction: Site Built
- Exterior Const.: Vinyl
- Roof: Architectural Shingle
- Square Feet: 4,500
- Year Built: 1990
Lot Features
- Street/Road Desc.: Asphalt, Paved
- Rcmdd Zoning: TN
Financial Considerations
- Terms: Cash, Conventional
- Tenant Pays: All except water
Disclosures and Reports
- Property ID: 4666-08-6204.000
- Lot Number: 2921-1355
Listed by Britt Commercial Real Estate, LLC
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Schools
Schools serving 374 Water St
School District:Mooresville City Schools
| Name | Grades | Distance |
|---|---|---|
South Elementary, Mooresville, NC 839 South Magnolia Street, Mooresville, NC 28115 | K-3 | 0.9 mi |
Mooresville Intermediate 1438 Coddle Creek Highway, Mooresville, NC 28115 | 4-6 | 2.2 mi |
Mooresville Middle 233 Kistler Farm Road, Mooresville, NC 28115 | 7-8 | 1.9 mi |
Mooresville Senior High 659 East Center Avenue, Mooresville, NC 28115 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 374 Water St
Date
Details
Price
Change
Source
4/16/2026
Listed
$850,000
44.93%
MLS
5/22/2022
Sold
$586,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 374 Water St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,855
5%
$550,760
—
2024
$7,495
2%
$550,760
—
2023
$7,351
91%
$550,760
96%
2021
$3,840
-19%
$281,320
—
2022
$4,744
24%
$281,320
—
2020
$3,840
-12%
$281,320
9%
2018
$4,366
9%
$257,960
—
2016
$4,006
—
$257,960
—
2015
$4,006
-15%
$257,960
-8%
2019
$4,692
11%
$281,320
-1%
2013
$4,221
—
$283,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 374 Water St
374 Water Street, Mooresville, NC 28115 (MLS# 4370764) is a Single Family property with 12 bedrooms and 6 full bathrooms. 374 Water Street is currently listed for $850,000 and was received on April 16, 2026. Want to learn more about 374 Water Street? Do you have questions about finding other Single Family real estate for sale in Mooresville? You can browse all Mooresville real estate or contact a Coldwell Banker agent to request more information.

