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Bi-Level Townhouse Duplex
For Sale
$245,000

579-589 S Graham Street, Martinsville, IN 46151

Residential Income, Martinsville, IN

Property SizeContact for details
Lot Size0.22 Acres
Days on Market51

Property Features for 579-589 S Graham Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bathroom 1, Bedroom 1, Bathroom 2
Exterior features Barn Mini
Subdivision No Subdivision
Middle school John R. Wooden Middle School
High school Martinsville High School
Elementary school district MSD Martinsville Schools
Middle school district MSD Martinsville Schools
High school district MSD Martinsville Schools
Directions GPS Friendly
Standard status Active
APN 551304290007000021
Lot size 0.22 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Lot 26 Mary A & Hattie Nutter Addn
Tax Annual Amount 2308
Legal Description Lot 26 Mary A & Hattie Nutter Addn

Amenities

rear patio
large yard
mini barn

Building Details

Year built 1972
Floors in Building 2
Number of units 2
Listing Agency: Keller Williams Indy Metro Partners · Keller Williams Realty
Listed By: Sheila Bowles
Added: Aug 26 Changed: Sep 24 Last Checked: Oct 15 at 8:06AM
MLS# 22119580

Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This townhouse-style duplex contains two attached residences with matching bi-level layouts. Each unit provides living and dining areas, laundry space, and a guest bath on the lower level, while the upper floor includes two bedrooms and a full bath. Both residences are served by all-electric systems and include interior storage.

Outdoor features include a rear patio, expansive yard area, and a mini barn for each unit. The property encompasses 0.22 acres and was built in 1972. It is being offered in as-is condition at 579-589 S Graham Street in Martinsville, Indiana.

Key Highlights

  • Two‑unit townhouse property with bi‑level layouts
  • Each unit includes 2 bedrooms and 2 bathrooms
  • Living, dining, laundry, and guest bath on the lower level

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Locksmith Plumbing Service Kitchen & Bath Showroom

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

615
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two attached residences offer flexible owner-occupant or rental use with private outdoor areas and dedicated storage.
Where is this duplex located?
The property is located at 579-589 S Graham Street Martinsville, IN.
What is the asking price?
The asking price for this property is $245,000.
What are key features of this property?
This property features: Two‑unit townhouse property with bi‑level layouts; Each unit includes 2 bedrooms and 2 bathrooms; Living, dining, laundry, and guest bath on the lower level
More about this property
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