9460-9470 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 0.45.
Turnkey Investment Opportunity with Instant Income! Nestled in the charming community of Martinsville, Indiana, this well-maintained duplex is a rare chance to own an investment property with instant income. One unit is leased at 1,475 per month through July 31, 2027, and the other is vacant and will require minimal work to make it move-in ready. Offering instant income from day one and potential to lease the other side for additional income, or live in it and offset your expenses with the income from the other unit. Each of the two units offers 900 square feet of thoughtfully designed living space with 1.5 baths, combining comfort, functionality, and versatile occupancy. Situated on an expansive 14,820-square-foot lot, this property provides abundant outdoor space for personal enjoyment, or future enhancements. Built in 1986, the duplex offers 1,800 square feet of total living space across two independent units, combining functionality with long-term value. 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 or owners wanting to offset expenses. This duplex represents the perfect blend of steady cash flow, and the option to live in one side or lease it for additional income. Strategic location gives owners or investors the opportunity to build wealth and grow their real estate portfolio. With instant income and additional income potential, this property is a true dream investment in Morgan County, Indiana. Tenant's rights apply. All showings require 48 hours notice
See more
FeaturesGeneralPossession Closing
Zoning NA
Garage Spaces 1
Construction Materials Brick
Year Built 1986
Township Harrison
Levels One
Property Subtype Duplex
Tax Year 2025
Current Use Residential
County Morgan
New Construction N
Property Type Residential Income
Subdivision Name Bluff Meadows
Status Active
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 19515
Carport Spaces 2
Structure Type Duplex
Standard Status Active
Tax Lot 28
Legal Description Lot 28 E F Ayers 2nd Subdivision
See more
ExteriorLot Features Access
Lot Size Acres 0.45
See more
InteriorBasement (Y/N) N
Laundry Features Connections All
See more
* Excluded FeaturesList ByBerkshire Hathaway HomeBroker
Affordability Calculator
- Monthly Principal & Interest
- $1,416
- Monthly Property Taxes
- $166
- 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 |