Martinsville, IN Residential Income Properties for Sale

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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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Updated: Aug 10

Brick Two-Unit Duplex

1409 1411 Crabapple Court, Martinsville, IN 46151

$275,000

0.31 AC lot

Two‑unit duplex built in 2002
All‑brick construction on a 0.31‑acre parcel
Both units are currently tenant‑occupied
Month‑to‑month tenancy structure
Appliances, washers, and dryers included

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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

60 West Harrison Street, Martinsville, IN 46151

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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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Brick Duplex with Backyard

437-439 Duo Drive, Martinsville, IN 46151

$235,000

0.23 AC lot

Ranch-style property with off-street parking, a fire pit, and a storage shed serving both residences.

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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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77-Space Mobile Home Park

13 S Outer Dr, Martinsville, IN 46151

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12.00 AC lot

Municipal water and sewer serve the community, with most sites occupied.

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40-Site Manufactured Housing Community

1025 Pumpkinvine Hill Rd, Martinsville, IN 46151

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Community includes park-owned homes, municipal water service, and a private wastewater treatment plant.

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Based on your search, we've compiled 22 Potential Opportunities for your consideration. Besides 8 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.

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

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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Commercial Property with Pole Building

4890 W State Road 46, Bloomington, IN 47404

$449,999

1.27 AC lot

Commercial-zoned property on State Road 46 with a renovated limestone ranch and substantial pole building for storage or workspace.

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Tri-Level Log Triplex

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

$405,000

1.26 AC lot

Three living units with separate kitchens, laundry hookups, porches, and flexible occupancy options.

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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.

Residential Lots in Painted Hills

Glenwood E Drive, Martinsville, IN 46151

$30,999

0.50 AC lot

Residential lots with lake views and community amenities.

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Residential Lots in Martinsville, IN

E Cunningham Street, Martinsville, IN 46151

$50,000

0.44 AC lot

Residential lots available for building a custom home.

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Residential Lots in Sand Creek

3116 E Indian Summer Lane, Martinsville, IN 46151

$199,900

5.21 AC lot

5.21 acre residential lot ready for your new home.

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Waterfront Residential Land Lots

2925 Fox Court E, Martinsville, IN 46151

$100,000

0.40 AC lot

Two waterfront residential lots totaling 0.4 acres with public sewer and pond frontage in Martinsville, Indiana.

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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.

MOBILE HOME PARK, TRAILER PARK

66 Dalton Ln, Martinsville, IN 46151-5019

$295,000

Estimated value

20.00 AC lot

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MOBILE HOME PARK, TRAILER PARK

13 Outer Dr, Martinsville, IN 46151-3367

$340,000

Estimated value

10.65 AC lot

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MOBILE HOME PARK, TRAILER PARK

Outer Dr, Martinsville, IN 46151

$235,000

Estimated value

1.46 AC lot

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MOBILE HOME PARK, TRAILER PARK

Harrison St, Martinsville, IN 46151

$240,000

Estimated value

3.85 AC lot

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MOBILE HOME PARK, TRAILER PARK

Ww Pike St, Martinsville, IN 46151

$240,000

Estimated value

0.09 AC lot

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MOBILE HOME PARK, TRAILER PARK

1 Reagan Park, Martinsville, IN 46151-9109

Unit 51

$310,000

Estimated value

5.61 AC lot

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Martinsville, IN Residential Income Properties Market Trends and Statistics

Explore 14 residential income properties for sale in Martinsville, IN, showcased through 8 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 residential income 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

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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