Multifamily

Martinsville, IN Multifamily Properties for Sale

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10 properties
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Brick Duplex with Off-Street Parking
Updated: Aug 14
Brick Duplex with Off-Street Parking

437-439 Duo Drive, Martinsville, IN 46151

$224,900
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‑unit townhouse property with bi‑level layouts
Each unit includes 2 bedrooms and 2 bathrooms
Living, dining, laundry, and guest bath on the lower level
All‑electric units with interior and exterior storage
Rear patio, large yard, and mini barn for each unit
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Duplex Property
Duplex Property

1320-1330 S Marion Street, Martinsville, IN 46151

$249,000
0.18 AC lot

Two separate living spaces occupy one residential structure.

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Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
Residential Duplex
Residential Duplex

1320-1330 S Marion St, Martinsville, IN 46151

$249,000
7,754 sqft 0.18 AC lot

Two residences occupy one property, offering separate living spaces in a single structure.

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Two-Unit Brick Duplex
Two-Unit Brick Duplex

1409 1411 Crabapple Court, Martinsville, IN 46151

$259,900
0.31 AC lot

Both residences are occupied and include appliances, with water and lawn care handled by the owner.

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Single-Story Duplex
Single-Story Duplex

1145-1155 Leota Drive, Martinsville, IN 46151

$250,000
0.27 AC lot

Each residence has two bedrooms and one bathroom; one unit is vacant and the other is month-to-month.

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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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Brick Duplex with Off-Street Parking
Brick Duplex with Off-Street Parking

437-439 Duo Drive, Martinsville, IN 46151

$224,900

Both residences are leased, with a backyard fire pit and access to I-69.

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2-Unit Brick Duplex
2-Unit Brick Duplex

1409 1411 Crabapple Court, Martinsville, IN 46151

$259,900

Both residences are occupied under month-to-month tenancies, with water and lawn care covered by ownership.

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Two-Unit Duplex with Updated Systems
Two-Unit Duplex with Updated Systems

1145-1155 Leota Drive, Martinsville, IN 46151

$250,000

Two single-story residences each provide two bedrooms and one bathroom, with one unit vacant and the other month to month.

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Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 10 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.

Updated-Kitchen Duplex
Updated-Kitchen Duplex

4251 N Melvin Lane, Bloomington, IN 47404

$325,000
2,352 sqft 0.33 AC lot

Two residences offer garage parking, central air, and outdoor space in Bloomington.

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Brick Duplex with Large Yard
Brick Duplex with Large Yard

8191-8193 N Maple Drive, Mooresville, IN 46158

$260,000
0.56 AC lot

Two-bedroom duplex with refreshed flooring, fresh paint, electric heat, and central air.

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Renovated Duplex with Garages
Renovated Duplex with Garages

7921 N Fox Hollow Road, Bloomington, IN 47408

$269,000
0.74 AC lot

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

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Log Cabin Triplex
Log Cabin Triplex

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

$399,999
1.26 AC lot

Three separate residences each have a kitchen and laundry hookups, with two units currently leased.

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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 16 multifamily properties for sale in Martinsville, IN, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 7,754 square feet of properties for sale, with an estimated market value of $3,912,600.

Sale prices for multifamily properties in Martinsville, IN start at $224,900, averaging $391,260, 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 10
Apartment buildings 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 $541K

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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