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Are you looking for a great investment property with stable income? Or purchase to live in one unit and rent out the other? Come and see this 2-story duplex apartment located in Downtown Martinsville, IN. The main level, unit 9, has 2 good sized bedrooms, 1 bath, living room, and kitchen. Unit 9 has been cosmetically updated. The upper level, unit 10 has 3 bedrooms, 1 bath, living room, and kitchen. Both units have newer tankless electric hot water heaters. The exterior (roof, siding, and windows) updated in 2016. Large parking lot. Low maintenance. No grass to mow. Walking distance to the town square. Prime location. Both units currently leased with lease agreements good through Aug and Sept 2025. Tenants would like to remain with new owners if possible.
Property Type(s):
Single Family
Last Updated | 2/18/2025 | Tract | No Subdivision |
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Year Built | 1983 | Community | 5512 - Morgan - Washington |
County | Morgan |
SCHOOLS
Jr. High School | John R. Wooden Middle School |
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Price History
Prior to Feb 18, '25 | $220,000 |
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Feb 18, '25 - Today | $200,000 |
Additional Details
AIR | Wall Unit(s), Window Unit(s) |
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AIR CONDITIONING | Yes |
APPLIANCES | Electric Cooktop, Electric Oven, Electric Water Heater, Oven, Range Hood, Refrigerator, Tankless Water Heater |
AREA | 5512 - Morgan - Washington |
CONSTRUCTION | Vinyl Siding |
HEAT | Baseboard |
INTERIOR | Vaulted Ceiling(s) |
LOT | 6970 sq ft |
STORIES | 2 |
STYLE | TraditonalAmerican |
SUBDIVISION | No Subdivision |
Location
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Listed with Fischer Realty, LLC
Listing information is deemed reliable, but not guaranteed.
© 2025 Metropolitan Indianapolis Board of REALTORS®
© 2025 Metropolitan Indianapolis Board of REALTORS®
This IDX solution is (c) Diverse Solutions 2025.