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Eight-Unit Apartment Portfolio
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60 West Harrison Street, Martinsville, IN 46151

Two adjacent buildings offer a consistent two-bedroom unit mix with recent renovations and one apartment under construction.

Property Size3,720 SF
Price / SF$133.06
Days on Market12

Property Features for 60 West Harrison Street

General Information

Standard status Active
Size 3,720 SF
Property subtype Multifamily
Occupancy 75%
Investment Type Institutional

Units

Unit Mix 8 x 2BR/1BA
Multifamily Units 8

Building Details

Year Built 1964
Buildings 2
Stories 2
Units 8
Tenancy Multi
Listing Agency: FC Tucker/Bloomington, REALTORS
Listed By: Christopher Cockerham · License #RB14027897
Source: Crexi
Added: Aug 19 Changed: Aug 29 Last Checked: Aug 29 at 4:44PM

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 FC Tucker/Bloomington, REALTORS

Investment Insights

Based on property information with market context.

This apartment portfolio includes two adjacent four-unit buildings at 60 and 90 W. Harrison Street, totaling eight approximately 700-square-foot residences. Each apartment includes two bedrooms and one bathroom. Five units have been renovated within the past three years, while another is currently being renovated, providing a mix of updated and active renovation status across the buildings.

As of August 12, 2026, six apartments were occupied, one was vacant with a prospective tenant in the approval process, and one was undergoing renovation. Residents pay their own electricity and water expenses. Apartment 1 has central air conditioning; the other units use electric heat with wall-mounted air-conditioning units. The buildings were constructed in 1964 and are located in Martinsville, Indiana.

Key Highlights

  • 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

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Electrical Service Plumbing Service (Bike/Boat/Book/etc) Store Dental Office Cafe & Coffee Shop Catering Service

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

8
Residential units

Location Intelligence

Trade Area within ½ mile

516
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Two adjacent buildings offer a consistent two-bedroom unit mix with recent renovations and one apartment under construction.
Where is this apartment building located?
The property is located at 60 West Harrison Street Martinsville, IN.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: 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
(812) 336-7300 Call to check price and availability
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