9435-9437 Huggin Hollow Road
Martinsville, IN, 46151 $ 229,999
Baths0.0 Monthly Estimate*
$ 1,416
Studio for $229,999. This home was built in 1986 on a lot size of 0.31.
Turnkey Investment Opportunity with Instant Income! Nestled in the charming community of Martinsville, Indiana, this well-maintained duplex is a rare chance to own a cash-flowing investment property with long-term tenant stability. Each of the two units offers 900 square feet of thoughtfully designed living space with 1.5 baths, combining comfort, functionality, and versatile occupancy. One unit is leased at 1,175 per month through July 31, 2027, and the other at 1,150 per month through March 31, 2027, delivering instant income from day one. Situated on an expansive 13,504-square-foot lot, this property provides abundant outdoor space for personal enjoyment, or future enhancements. Beyond the property itself, the location is a standout feature. With easy access to Interstate 69, residents and tenants can quickly reach Indianapolis, Brown County, Bloomington, and other desirable destinations, making this an attractive location for renters seeking convenience and lifestyle. Martinsville offers a welcoming community atmosphere, strong rental demand, and a steadily growing local economy-perfect for investors looking to expand their portfolio. This duplex represents the perfect blend of steady cash flow, long-term tenants, and strategic location, giving investors the opportunity to build wealth and grow their real estate portfolio. With instant income and turnkey potential, this property is a true dream investment in Morgan County, Indiana. This property has a shared septic system. Owner is responsible for 1/3 of the associated upkeep and expenses. The tank was pumped 8/25. Work completed: Installed 2 Zoeller E292 Effluent Pumps. Installed a M122 SJE Control Panel with Floats and Alarm System. Installed an Effluent Filter to the Septic Tank and Risers. Tenant's rights apply. All showings require 48 hours' notice
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FeaturesGeneralPossession Closing
Zoning NA
Construction Materials Brick Wood Siding
Year Built 1986
Township Harrison
Property Subtype Duplex
Tax Year 2025
Current Use Residential
County Morgan
Net Operating Income 0
New Construction N
Property Type Residential Income
Subdivision Name Bluff Meadows
Status Pending
Directions GPS Friendly
City Martinsville
High School District Mooresville Con School Corp
Number Of Units Total 2
MLS Area 5505 - Morgan - Harrison
Lot Size Square Feet 13504
Structure Type Duplex
Standard Status Pending
Tax Lot 4
Legal Description Lot 4 Bluff Meadows Sub
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ExteriorLot Features Access
Lot Size Acres 0.31
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InteriorBasement (Y/N) N
Laundry Features Connections All
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* Excluded FeaturesList ByBerkshire Hathaway HomeBroker
Affordability Calculator
- Monthly Principal & Interest
- $1,416
- Monthly Property Taxes
- $212
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Martinsville, IN
Average List Price $724,399
Percent of Sale Price 215%
About Martinsville, IN 11,435 Population
-4% Since 2002
$ 43,007 Median Income
37.97 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
4045214 Elementary School
4045210 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 3/24/2026 | $229,999 | | Listed Price |