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    1145-1155 Leota Drive, Martinsville, IN 46151

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    Claim this Listing
    For Sale
    $250,000

    MULTI_FAMILY - Bungalow - Martinsville, IN

    Property size:
    1,566 SF
    Lot size:
    0.27 Acres
    Price / SF:
    $159/SF
    Added:
    Jun 10, 2026
    Days on Market:
    11
    Last Refresh:
    Jun 20 at 5:06 am

    Property Features for 1145-1155 Leota Drive

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Exterior features
    Lighting
    Standard status
    Active
    APN
    551303352003000021
    Lot size
    0.27 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    S3 T11 R1e Sw Corner .266 A

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    2006
    Floors in Building
    1
    Number of units
    2
    Building materials
    Brick
    Roof type
    Asphalt
    Architectural style
    Bungalow

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    Listing Contact
    Jeffrey Paxson

    Listing agent Jeffrey Paxson License #RB14044826

    Listing office Jeff Paxson Team S St Rd 135 Ste 104 2550, Indianapolis, IN

    Listing date Jun 10, 2026

    MLS# 22107436 Listing URL

    Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Duplex built in 2006 with single‑story layout
    • Each side offers 783 sq ft with 2 beds and 1 bath
    • Duplex updated with new roof and gutters in 2022
    • Heating: forced air; cooling: central air
    • One unit is month‑to‑month and ready for a new lease; the other side is vacant and ready to show

    Overview

    This single-story duplex at 1145–1155 Leota Drive was constructed in 2006 and is configured as two matching sides. Each side offers approximately 783 square feet with two bedrooms and one bathroom. The property has been improved with a new roof and gutters in 2022, along with updated furnace and water heater systems.

    One side is currently month-to-month, making it ready for a new lease, while the other side is vacant and available to show. The duplex sits on a generous lot, providing outdoor space suitable for everyday use and landscaping.

    The layout and unit configuration can fit an owner-operator or investor seeking a straightforward two-unit residential income asset. With one unit already ready for leasing and the other available for immediate viewing, the property offers flexibility for occupancy and tenant onboarding. For prospective buyers, the documented updates to the roof, gutters, furnace, and water heater are relevant considerations when evaluating day-to-day maintenance and replacement cycles.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Martinsville
    County
    Morgan
    State
    Indiana
    Longitude
    -86.418029
    Latitude
    39.416336

    FAQs

    What type of property is this?
    Duplex - Well-maintained duplex built in 2006 with updated roof and units available for leasing or occupancy.
    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: Duplex built in 2006 with single‑story layout; Each side offers 783 sq ft with 2 beds and 1 bath; Duplex updated with new roof and gutters in 2022
    More about this property
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