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Two-Unit Duplex with Updated Systems
For Sale
$250,000

1145-1155 Leota Drive, Martinsville, IN 46151

Two single-story residences each provide two bedrooms and one bathroom, with one unit vacant and the other month to month.

Property SizeContact for details
Days on Market140

Property Features for 1145-1155 Leota Drive

General Information

Standard status Active
Property subtype Residential Income

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Amenities

Lighting

Building Details

Year Built 2006
Stories 1
Units 2
Listing Agency: Jeff Paxson Team
Listed By: Jeffrey Paxson · License #RB14044826
Source: Battsrealestategroup
Added: Jun 10 Changed: Oct 25 Last Checked: Oct 26 at 3:43AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jeff Paxson Team

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Investment Insights

Based on property information with market context.

Built in 2006, this duplex contains two single-story units, each measuring 783 square feet with two bedrooms and one bathroom. The property has a newer roof and gutters installed in 2022, along with updated furnaces and water heaters.

One residence is vacant and available to show; the other is occupied on a month-to-month basis. The property is located on Leota Drive in Martinsville, Indiana.

Key Highlights

  • Two units, each with 783 square feet, 2 bedrooms, and 1 bathroom
  • Single‑story duplex constructed in 2006
  • Roof and gutters replaced in 2022

Property Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

314
Businesses Nearby

Demographics for 46151, IN

32,335
Population
13,366
Households
2.4
Avg Household Size
44
Median Age
20%
College-Educated
89%
High-School Grad
203.6 sq mi
ZIP Area
159
Density / Sq Mi
$77,724
Median Household Income
$45,426
Median Earnings
$978
Median Rent
$219,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two single-story residences each provide two bedrooms and one bathroom, with one unit vacant and the other month to month.
Where is this duplex located?
The property is located at 1145-1155 Leota Drive Martinsville, IN.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Two units, each with 783 square feet, 2 bedrooms, and 1 bathroom; Single‑story duplex constructed in 2006; Roof and gutters replaced in 2022
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