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Martinsville, IN

Multifamily

Martinsville, IN Multifamily Properties for Sale

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Monrovia, IN Mooresville, IN Brooklyn, IN Paragon, IN Quincy, IN Gosport, IN Bloomington, IN Clayton, IN

Single-Story Duplex Income Property

Updated: Jun 10

Single-Story Duplex Income Property

1145-1155 Leota Drive, Martinsville, IN 46151

$250,000

0.27 AC lot

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

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 15 Potential Opportunities for your consideration. Besides 1 Active listings in Martinsville, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 Off-Market properties to explore as potential leads, 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 Investment Property with Permit

Duplex Investment Property with Permit

4501 + 4503 E Stephens Drive, Bloomington, IN 47408

$239,000

1,352 sqft 0.29 AC lot

Duplex with two one-bedroom units and a rental occupancy permit for six occupants through 2029.

Multi-Revenue Entertainment Venue

Multi-Revenue Entertainment Venue

4747 W State Road 46, Bloomington, IN 47404

$1,500,000

2.81 AC lot

Fully renovated entertainment property with mini golf, restaurant/bar operations, live entertainment space, and short-term rental income potential.

Two-Unit Duplex on Corner Lot

Two-Unit Duplex on Corner Lot

234-236 Lehr Drive, Mooresville, IN 46158

$269,900

0.57 AC lot

Two-bedroom, one-bath duplex with laundry hookups in each unit, on a large corner lot.

Four-Unit Residential Income Property

Four-Unit Residential Income Property

48-50 1/2 E Main Street, Mooresville, IN 46158

$276,000

0.22 AC lot

Four fully occupied 1-bedroom, 1-bath units on a corner lot with dedicated tenant parking.

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.

Prime Land Off US HWY

Prime Land Off US HWY

Briar Creek lot: #1, Lawrenceburg, KY 40342

$345,500

2.27 AC lot

2.27 acres with excellent visibility and easy access.

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.

Sonora, KY Residential Land

Sonora, KY Residential Land

Silver Mine Road lot: 6, Sonora, KY 42776

$63,500

3.03 AC lot

3.03 acre residential tract in Sonora, Kentucky.

Vacant Land Near Glendale

Vacant Land Near Glendale

Tract 2 Bell Cemetery Road, Summersville, KY 42782

$75,500

7.00 AC lot

7 acres of vacant land with utilities near Glendale, KY.

Off-Market Properties in Martinsville, IN

Consider similar Off-Market properties in Martinsville, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

66 Dalton Ln

MOBILE HOME PARK, TRAILER PARK

66 Dalton Ln, Martinsville, IN 46151-5019

Value Estimation by Request

20.00 AC lot

13 Outer Dr

MOBILE HOME PARK, TRAILER PARK

13 Outer Dr, Martinsville, IN 46151-3367

Value Estimation by Request

10.65 AC lot

Outer Dr

MOBILE HOME PARK, TRAILER PARK

Outer Dr, Martinsville, IN 46151

Value Estimation by Request

1.46 AC lot

Harrison St

MOBILE HOME PARK, TRAILER PARK

Harrison St, Martinsville, IN 46151

Value Estimation by Request

3.85 AC lot

Ww Pike St

MOBILE HOME PARK, TRAILER PARK

Ww Pike St, Martinsville, IN 46151

Value Estimation by Request

0.09 AC lot

1 Reagan Park, Unit 51

MOBILE HOME PARK, TRAILER PARK

1 Reagan Park, Martinsville, IN 46151-9109

Unit 51

Value Estimation by Request

5.61 AC lot

Martinsville, IN Multifamily Properties Market Trends and Statistics

Explore 7 multifamily properties for sale in Martinsville, IN on our real estate platform.

Sale prices for multifamily properties in Martinsville, IN average $250,000 — 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

Demographics Overview

Population 32K

Population Growth (5Y) +1.7%

Median Household Income $77,724

College Educated 26.4%

High-Yield Neighborhoods for Investment

Identify Martinsville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
46151	$325K

Taxes & Financing

Tax Rate (average for all types) 1.52%

Property Tax per SF $25.34 per SF

Tax Rate vs County Average 0.40 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Morgan County

New Delisted

Total CRE Inventory on Market (SF)

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