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    Martinsville, IN
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    Martinsville, IN Multifamily Properties for Sale

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    Monrovia, IN Mooresville, IN Brooklyn, IN Paragon, IN Quincy, IN Morgantown, IN Gosport, IN Bloomington, IN
    6 properties
    Brick Duplex with Off-Street Parking
    Updated: Aug 14
    Brick Duplex with Off-Street Parking

    437-439 Duo Drive, Martinsville, IN 46151

    $235,000
    0.23 AC lot
    Two‑unit duplex with 2 bedrooms and 1 full bathroom in each unit
    Both units are currently rented
    All‑brick ranch construction built in 1977
    Off‑street parking on a 0.23‑acre lot
    Backyard fire pit and storage shed
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    Bi-Level Townhouse Duplex
    Updated: Aug 26
    Bi-Level Townhouse Duplex

    579-589 S Graham Street, Martinsville, IN 46151

    $245,000
    0.22 AC lot
    Two townhouse‑style units with bi‑level layouts
    Each unit includes two bedrooms and a full bath upstairs
    Lower levels include living, dining, laundry, and guest bath areas
    Total‑electric systems in both units
    Rear patio, large yard, and mini barn for each unit
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    Brick Two-Unit Duplex
    Brick Two-Unit Duplex

    1409 1411 Crabapple Court, Martinsville, IN 46151

    $275,000
    0.31 AC lot

    Tenant-occupied units include appliances, central air, and natural gas forced-air heating.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    18-Unit Apartment Property
    18-Unit Apartment Property

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

    $1,700,000

    Multifamily property comprising multiple duplex buildings with residential unit layouts.

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    Updated Duplex with Two-Bedroom Units
    Updated Duplex with Two-Bedroom Units

    1145-1155 Leota Drive, Martinsville, IN 46151

    $250,000
    0.27 AC lot

    Single-story brick property with one vacant unit and one month-to-month tenancy.

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    Eight-Unit Apartment Portfolio
    Eight-Unit Apartment Portfolio

    60 West Harrison Street, Martinsville, IN 46151

    Contact for pricing
    3,720 sqft

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

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    Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 6 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

    Opportunities in Nearby Cities

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

    Side-by-Side Duplex with Garages
    Side-by-Side Duplex with Garages

    4251 N Melvin Ln, Bloomington, IN 47404

    $325,000
    2,352 sqft 0.33 AC lot

    Two tenant-occupied residences offer updated kitchens, open living areas, private decks, and attached garages.

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    Renovated Duplex with Garages
    Renovated Duplex with Garages

    7921 N Fox Hollow Road, Bloomington, IN 47408

    $299,000
    0.74 AC lot

    Two upper-level residences pair with private garages, outdoor space, and ductless heating and cooling.

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    Brick Duplex with Attached Garage
    Brick Duplex with Attached Garage

    309 /311 N Main Street, Mooresville, IN 46158

    $215,000
    0.40 AC lot

    Brick construction and an attached garage support this two-unit residential income property.

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    Tri-Level Log Cabin Triplex
    Tri-Level Log Cabin Triplex

    7591-7593 N Old S R 67, Mooresville, IN 46158

    $399,999
    1.26 AC lot

    Three separate residences offer individual kitchens, laundry hookups, and flexible living arrangements.

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    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

    Estimated value:
    $295,000
    20.00 AC lot
    View details
    13 Outer Dr
    MOBILE HOME PARK, TRAILER PARK

    13 Outer Dr, Martinsville, IN 46151-3367

    Estimated value:
    $340,000
    10.65 AC lot
    View details
    Outer Dr
    MOBILE HOME PARK, TRAILER PARK

    Outer Dr, Martinsville, IN 46151

    Estimated value:
    $235,000
    1.46 AC lot
    View details
    Harrison St
    MOBILE HOME PARK, TRAILER PARK

    Harrison St, Martinsville, IN 46151

    Estimated value:
    $240,000
    3.85 AC lot
    View details
    Ww Pike St
    MOBILE HOME PARK, TRAILER PARK

    Ww Pike St, Martinsville, IN 46151

    Estimated value:
    $240,000
    0.09 AC lot
    View details
    1 Reagan Park, Unit 51
    MOBILE HOME PARK, TRAILER PARK

    1 Reagan Park, Martinsville, IN 46151-9109

    Unit 51
    Estimated value:
    $310,000
    5.61 AC lot
    View details

    Martinsville, IN Multifamily Properties Market Trends and Statistics

    Explore 12 multifamily properties for sale in Martinsville, IN, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 3,720 square feet of properties for sale, with an estimated market value of $2,705,000.

    Sale prices for multifamily properties in Martinsville, IN start at $235,000, averaging $541,000, and reaching up to $1,700,000 — 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

    Duplexes 5
    Apartment buildings 2

    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 $489.2K

    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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Morgan County

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