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    Martinsville, IN Residential Income 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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    Historic Martinsville Retail/Office Building
    $350,000
    6,357 SF

    Historic Martinsville Retail/Office Building

    128 E Morgan St, Martinsville, IN 46151

    6,357 SF historic building near Courthouse Square.

    • Prime downtown location on Courthouse Square, near the new Morgan County Courthouse.
    • 6,357 SF historic building with retail and office space.
    • Zoned B‑2 General Commercial, allowing for diverse uses (retail, office, apartments, Airbnb, studios).
    • New 2025 roof.
    • Second floor with lofty ceilings, natural light, and views overlooking the Martinsville Arts Venue.
    Updated: Jan 28
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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
    View details
    Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 3 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.

    Landmark Property with I-69 Visibility
    $799,000
    1,797 SF

    Landmark Property with I-69 Visibility

    Unique mixed-use property with retail, warehouse, and residential spaces.

    8300 N Wayport Road, Bloomington, IN 47408
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    Mooresville Duplex: Investment Opportunity
    $255,000
    0.15 Acres

    Mooresville Duplex: Investment Opportunity

    Duplex in Mooresville, great for investors or owner-occupants.

    59-61 E Washington Street, Mooresville, IN 46158
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    Mooresville Quadruplex For Sale
    $300,000
    0.22 Acres

    Mooresville Quadruplex For Sale

    Traditional quadruplex in Mooresville, Indiana, ideal for residential income.

    48-50 1/2 E Main Street, Mooresville, IN 46158
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    Bloomington Duplex on 5 Acres
    $375,000
    2,310 SF

    Bloomington Duplex on 5 Acres

    Duplex in Bloomington, Indiana, featuring 2310 square feet on 5 acres.

    3022 N Smith Pike Street, Bloomington, IN 47404
    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.

    Residential Lots in Martinsville, IN
    $50,000
    0.44 Acres

    Residential Lots in Martinsville, IN

    Residential lots available for building a custom home.

    0 E Cunningham Street, Martinsville, IN 46151
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    Residential Lots in Painted Hills
    $35,000
    0.50 Acres

    Residential Lots in Painted Hills

    Residential lots with lake views and community amenities.

    0 Glenwood East Drive, Martinsville, IN 46151
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    Martinsville Residential Lots For Sale
    $225,000
    8.99 Acres

    Martinsville Residential Lots For Sale

    9 acre residential lots with stunning views in Martinsville, IN.

    Lot 2 Goat Hollow Estates Road, Martinsville, IN 46151
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    Tranquil 5.3 Acre Homesite
    $159,000
    5.30 Acres

    Tranquil 5.3 Acre Homesite

    5.3 acre homesite with mature trees near Indianapolis and Bloomington.

    0 Goat Hollow Estates Lot 4, Martinsville, IN 46151
    View details

    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

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

    13 Outer Dr, Martinsville, IN 46151-3367

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

    Outer Dr, Martinsville, IN 46151

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

    Harrison St, Martinsville, IN 46151

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

    Ww Pike St, Martinsville, IN 46151

    View details
    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

    View details

    Martinsville, IN Residential Income Properties Investment Opportunities Market Analysis

    Explore 9 residential income properties for sale in Martinsville, IN, showcased through 3 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 residential income 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

    Multifamily properties 3
    Short term rental properties 3

    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 median 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 sq ft
    Tax Rate vs County Average 0.40 pp above county avg
    Average Loan-to-Value 65.0%

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