Martinsville, IN
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    Martinsville, IN Multifamily Properties for Sale

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    Mooresville, IN Brooklyn, IN Paragon, IN
    Historic Downtown Martinsville Retail/Office Building
    $350,000
    5,565 SF
    Historic Downtown Martinsville Retail/Office Building

    124 East Morgan Street, Martinsville, IN 46151

    Historic 5565 SF retail/office building in downtown Martinsville.
    • Prime downtown location on Courthouse Square.
    • Versatile 5565 sq ft building suitable for retail, office, apartments, Airbnb, or studios.
    • Large second floor with high ceilings, natural light, and views of the Martinsville Arts Venue.
    • New roof installed in 2025.
    • Historic building with walk‑in storefront and window display.
    Updated: Jan 29
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    Side-by-Side Duplex Investment
    $232,000
    0.20 Acres
    Side-by-Side Duplex Investment

    859-869 E Jackson Street, Martinsville, IN 46151

    Two side-by-side duplex units with eat-in kitchens, 2 bedrooms and 1 bath each, plus a newer metal roof.
    • 2‑unit residential duplex (side‑by‑side) in Martinsville, IN
    • Each unit offers 2 bedrooms and 1 full bath
    • Eat‑in kitchens in each side of the duplex
    • Metal roof and stone construction materials
    • Forced air heating and window unit cooling
    Updated: Mar 3
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    Historic Martinsville Retail/Office Building
    $350,000
    6,357 SF
    Historic Martinsville Retail/Office Building

    6,357 SF historic building near Courthouse Square.

    128 E Morgan St, Martinsville, IN 46151

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    Historic Retail/Office Building Opportunity
    $350,000
    5,565 SF
    Historic Retail/Office Building Opportunity

    Downtown Martinsville retail/office building with potential for diverse uses.

    124 E Morgan St, Martinsville, IN 46151

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    Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 4 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.

    Eastside Bloomington Duplex Opportunity
    $259,000
    1,352 SF
    Eastside Bloomington Duplex Opportunity

    Duplex near IU Health, Indiana University, shopping, and restaurants.

    4501 + 4503 E Stephens Drive, Bloomington, IN 47408

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    Duplex With Two Separate Units
    $250,000
    0.15 Acres
    Duplex With Two Separate Units

    Duplex featuring two separate living units, each with functional floor plans and well-sized bedrooms.

    59-61 E Washington Street, Mooresville, IN 46158

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    Four-Unit Residential Income Building
    $300,000
    0.22 Acres
    Four-Unit Residential Income Building

    Small four-unit multifamily property offered for sale, designed for residential income ownership.

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

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    Duplex on Expansive Acreage
    $285,000
    4.62 Acres
    Duplex on Expansive Acreage

    Duplex for sale on nearly five acres, offered for immediate possession and ready for an owner’s vision.

    8121 N Fox Hollow Road, Bloomington, IN 47408

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    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
    $345,500
    2.27 Acres
    Prime Land Off US HWY

    2.27 acres with excellent visibility and easy access.

    Briar Creek lot: #1, Lawrenceburg, KY 40342

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    University Park Developable Land
    Contact for pricing
    3.20 Acres
    University Park Developable Land

    3.2 acres with 24 concrete housing pads in University Park.

    976 Mesa Court, University Park, IL 60484

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    Vacant Lot in Gated Community
    Contact for pricing
    0.12 Acres
    Vacant Lot in Gated Community

    Vacant lot in gated community with many amenities for seasonal living.

    2795 E 28th Lot 1205 Road, Seneca, IL 61360

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    Build-Ready Double Lot Pair
    Contact for pricing
    0.41 Acres
    Build-Ready Double Lot Pair

    Two adjoining, level lots with utilities available at the road in a lake-area subdivision.

    461 & 462 Leisure Lane, Scottsville, KY 42164

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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
    Lot: 20.00 Acres
    Value Estimation by Request

    66 Dalton Ln, Martinsville, IN 46151-5019

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    13 Outer Dr
    MOBILE HOME PARK, TRAILER PARK
    Lot: 10.65 Acres
    Value Estimation by Request

    13 Outer Dr, Martinsville, IN 46151-3367

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    Outer Dr
    MOBILE HOME PARK, TRAILER PARK
    Lot: 1.46 Acres
    Value Estimation by Request

    Outer Dr, Martinsville, IN 46151

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    Harrison St
    MOBILE HOME PARK, TRAILER PARK
    Lot: 3.85 Acres
    Value Estimation by Request

    Harrison St, Martinsville, IN 46151

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    Ww Pike St
    MOBILE HOME PARK, TRAILER PARK
    Lot: 0.09 Acres
    Value Estimation by Request

    Ww Pike St, Martinsville, IN 46151

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    1 Reagan Park, Unit 51
    MOBILE HOME PARK, TRAILER PARK
    Lot: 5.61 Acres
    Value Estimation by Request
    Unit 51

    1 Reagan Park, Martinsville, IN 46151-9109

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    Martinsville, IN Multifamily Properties Investment Opportunities Market Analysis

    Explore 10 multifamily properties for sale in Martinsville, IN, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 17,487 square feet of properties for sale, with an estimated market value of $1,050,000.

    Sale prices for multifamily properties in Martinsville, IN start at $350,000, averaging $350,000, and reaching up to $350,000 — 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

    Short term rental properties 3
    Duplexes 1

    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 $350K

    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

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