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    Martinsville, IL
    Multifamily

    Martinsville, IL Multifamily Properties for Sale

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    Casey, IL Marshall, IL Annapolis, IL
    Brick 4-Plex with Private Patios
    Updated: Apr 21
    Brick 4-Plex with Private Patios

    222 N Washington St, Martinsville, IL 62442

    $240,000
    Well‑maintained brick 4‑plex with a brand‑new roof
    All units are currently occupied by tenants
    Each unit includes its own carport
    Each unit has a private fenced patio
    Located on a corner lot in a quiet, established neighborhood
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Martinsville, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Duplex in Terre Haute, IN
    Duplex in Terre Haute, IN

    665 Seabury Avenue, Terre Haute, IN 47802

    $179,900

    Duplex for sale in Terre Haute, Indiana, 47802.

    View details
    Three-Story Student-Oriented Apartment Community
    Three-Story Student-Oriented Apartment Community

    1095 Spruce Street, Terre Haute, IN 47807

    Contact for pricing
    128,272 sqft

    Student-focused multifamily community offering one-, two-, and three-bedroom units with on-site parking and shared amenities.

    View details
    Income-Producing Multifamily Property Near EIU
    Income-Producing Multifamily Property Near EIU

    1103 & 1105 6th St., Charleston, IL 61920

    $154,800

    Two income properties near Eastern Illinois University, ideal for rentals.

    View details
    Student Housing Community Opportunity
    Student Housing Community Opportunity

    965 4th St, Charleston, IL 61920

    Contact for pricing

    Three neighboring student housing communities near Eastern Illinois University.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land Development Parcel
    Commercial Land Development Parcel

    17039 Hillside Lane, Jerseyville, IL 62052

    $70,000
    2.10 AC lot

    Roughly two acres off Route 67 with utilities in place and an existing concrete pad for flexible development uses.

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    Wooded Homesite in Wheatfield, Indiana
    Wooded Homesite in Wheatfield, Indiana

    4418 Oakland Court, Wheatfield, IN 46392

    Contact for pricing
    0.57 AC lot

    Spacious, wooded 0.57-acre lot in established neighborhood.

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    University Park Developable Land
    University Park Developable Land

    976 Mesa Court, University Park, IL 60484

    Contact for pricing
    3.20 AC lot

    3.2 acres with 24 concrete housing pads in University Park.

    View details
    Grand Rivers Land Opportunity
    Grand Rivers Land Opportunity

    L 41 & 42 Rolling Meadows Rd lot: 41 & 42, Grand Rivers, KY 42045

    Contact for pricing
    2.84 AC lot

    2.84 acres near I-24 and lakes in Grand Rivers.

    View details

    Martinsville, IL Multifamily Properties Market Trends and Statistics

    Explore 1 multifamily properties for sale in Martinsville, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $240,000.

    Sale prices for multifamily properties in Martinsville, IL start at $240,000, averaging $240,000, and reaching up to $240,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Quadplexes 1

    Demographics Overview

    Population 2,629
    Population Growth (5Y) -6.6%
    Median Household Income $65,000
    College Educated 21.7%

    Taxes & Financing

    Tax Rate (average for all types) 8.41%
    Property Tax per SF $1.49 per SF
    Tax Rate vs County Average 1.63 pp above county avg
    Average Loan-to-Value 65.0%

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    Most Searched ZIP Codes in Martinsville, IL

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