216 S Marion Street Martinsville, IN ^$ 210,000

216 S Marion Street

^$ 210,000

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216 S Marion Street

Martinsville, IN, 46151

^$ 210,000

Studio Baths0.0

Monthly Estimate*

^$ 1,293

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216 S Marion Street, Martinsville, IN 46151 - Image 9

216 S Marion Street, Martinsville, IN 46151 - Image 10

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Studio

Multi-Family Home for sale in Martinsville, IN

for $210,000. This home was built in 1910 on a lot size of 0.17.

Historic multi-unit property located near the new judicial campus in Martinsville, offering strong investment potential. There are 2 main level units; 1 BD & 1 BA. The upper level has a vacant 2 BD unit. The upper level unit features lots of natural light, fresh paint, and a specious KIT.

Multi-Family Active

Price

^$ 210,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 4,064

Style

Traditional

Lot Size

0.17

Year Built

1910

Town/City

Martinsville

County/Region

Morgan

MLS | Web ID

22093747

Features

General

Heating Forced Air

Cooling Window Unit(s)

Possession Negotiable Subject to Tenant Rights

Roof Asphalt

Zoning R2

Architectural Style Traditional

Security Features Smoke Detector(s)

Construction Materials Vinyl Siding Wood Siding

Year Built 1910

Tenant Pays Electricity Gas Insurance Sewer Water

Township Washington

Levels Two

Property Subtype Triplex

Tax Year 2025

Current Use Apt>20 Residential

County Morgan

New Construction N

Property Type Residential Income

Subdivision Name No Subdivision

Status Active

Directions GPS Friendly

High School Martinsville High School

City Martinsville

High School District MSD Martinsville Schools

Number Of Units Total 3

MLS Area 5512 - Morgan - Washington

Lot Size Square Feet 7405

Elementary School Poston Road Elementary School

Property Attached Y/N N

Current Financing Conventional

Middle/Junior High School John R. Wooden Middle School

Additional Parcels Y/N N

Structure Type Triplex

Standard Status Active

Tax Lot n/a

Legal Description Ol 42 Orig Plat N 1/2 & E 1/2 Nw 84' X 74'

Interior

Basement Daylight Partial

Basement (Y/N) Y

Laundry Features Connections Some

Exterior

Exterior Amenities Balcony Lighting

Parking Features None

Lot Features Corner Lot Curbs Sidewalks

Foundation Details Brick/Mortar Crawl Space

Lot Size Acres 0.17

Road Surface Type Asphalt

Waterfront Y/N N

Road Frontage Type City Street

Other Equipment None

* Excluded Features

List By

Carpenter, Realtors®

Broker

smilner@callcarpenter.com

Affordability Calculator

$1,632

Per Month

Monthly Principal & Interest: $1,293
Monthly Property Taxes: $339
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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.

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Nearby

Trends
Schools

Multi-family listings in Martinsville, IN

Average List Price ^$1,038,400

Percent of Sale Price 394%

About Martinsville, IN

11,435 Population

-4% Since 2002

^$43,007 Median Income

37.97 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4046804 Elementary School

4046456 Middle School

Martinsville High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/9/2026	$210,000		Listed Price

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216 S Marion Street, Martinsville, IN, 46151 is a Multi-Family Home for sale at $210,000 with a lot size of 0.17. 216 S Marion Street is a studio with 0.0 baths and was built in 1910. The property's zip code is 46151 which is in Martinsville, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Property information provided courtesy of the Internet Exchange Program of the Metropolitan Indianapolis Board of REALTORS® Broker Listing Cooperative® listing service.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/19/2026.

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216 S Marion Street

Multi-Family Home for sale in Martinsville, IN

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