Search
18-Unit Apartment Property
For Sale
$1,700,000

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

Multifamily property comprising multiple duplex buildings with residential unit layouts.

Property SizeContact for details
Days on Market42

Property Features for 5-10 15-26 Lee Dr

General Information

Standard status Active
Property subtype Multi-Family

Additional Details

Multifamily Units 18

Building Details

Year Built 1972
Buildings 9
Listing Agency: Bennett Realty
Listed By: Justin Bennett
Source: Eveloteam
Added: Jul 20 Changed: Aug 29 Last Checked: Aug 29 at 4:04PM

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 Bennett Realty

Investment Insights

Based on property information with market context.

This multifamily property consists of 9 duplexes totaling 18 residential units. The configuration combines multiple duplex buildings within one apartment property, providing a unit count that is clearly defined across the asset. The improvements were constructed in 1972.

Located at 5-10, 15-26 Lee Dr in Martinsville, Indiana, the property is offered as a single multifamily asset. Its duplex-based layout and established construction date provide the key physical characteristics for review.

Key Highlights

  • 9 duplexes across the property
  • 18 total residential units
  • Built in 1972

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Hair Salon Dental Office Kitchen & Bath Showroom Nail Salon Big Box & Wholesale Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

18
Residential units

Location Intelligence

Trade Area within ½ mile

463
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily property comprising multiple duplex buildings with residential unit layouts.
Where is this apartment building located?
The property is located at 5-10 15-26 Lee Dr Martinsville, IN.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: 9 duplexes across the property; 18 total residential units; Built in 1972
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message