Apartment Building

Martinsville, IN Apartment Buildings for Sale

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Eight-Unit Apartment Portfolio
Updated: Aug 19
Eight-Unit Apartment Portfolio

60 West Harrison Street, Martinsville, IN 46151

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3,720 sqft
Two adjacent four‑unit apartment buildings totaling eight units
Eight approximately 700‑square‑foot units with a two‑bedroom, one‑bath layout
Five units renovated within the past three years
One additional unit currently undergoing renovation
As of August 12, 2026, six units were occupied and one had a prospective tenant in approval
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18-Unit Apartment Property
Updated: Jul 20
18-Unit Apartment Property

5-10, 15-26 Lee Dr, Martinsville, IN 46151

$1,700,000
9 duplexes across the property
18 total residential units
Built in 1972
Located at 5‑10, 15‑26 Lee Dr, Martinsville, IN 46151
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Martinsville, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

21-Unit Furnished Apartment Building
21-Unit Furnished Apartment Building

604 N Smith Road, Bloomington, IN 47408

$2,790,000
18,863 sqft 0.75 AC lot

Contemporary furnished apartments with private laundry, resident parking, and access to nearby university, dining, shopping, and nightlife amenities.

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Furnished Apartment Building
Furnished Apartment Building

604 N Smith Rd, Bloomington, IN 47408

$2,790,000
18,863 sqft

Fully leased property with resident parking, in-unit laundry, and included water, sewer, trash, and internet.

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Two-Site Townhome Portfolio
Two-Site Townhome Portfolio

412 E County Line Rd, Indianapolis, IN 46227

Contact for pricing
98,190 sqft

Two-site, 66-unit townhome portfolio featuring attached garage units and in-unit washer/dryer connections.

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8-Unit Brick Apartment Building
8-Unit Brick Apartment Building

2924 S County Road 1050 E, Indianapolis, IN 46231

Contact for pricing

All-brick property with refreshed exterior components and shared coin-operated laundry.

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Martinsville, IN Apartment Buildings Market Trends and Statistics

Explore 2 apartment buildings for sale in Martinsville, IN on our real estate platform. These investment opportunities span a total of 3,720 square feet of properties for sale, with an estimated market value of $1,700,000.

Sale prices for two-family homes in Martinsville, IN average $1,700,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 32K
Population Growth (5Y) +1.7%
Median Household Income $77,724
College Educated 26.4%

Taxes & Financing

Tax Rate (average for all types) 1.52%
Property Tax per SF $25.34 per SF
Tax Rate vs County Average 0.40 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Morgan County

New Delisted

Total CRE Inventory on Market (SF)

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