290 W Washington Street, Martinsville, IN 46151

$220,000 Asking Price

5 beds
2 baths
1,664  sqft
Built in 1983

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.

Features & Amenities

Interior

General:
Vaulted Ceiling(s), Hi-Speed Internet Availbl
Appliances:
Electric Cooktop, Electric Water Heater, Kitchen Exhaust, Oven, Electric Oven, Range Hood, Refrigerator, Tankless Water Heater
A/C:
Wall Unit(s), Window Unit(s)
Heating:
Baseboard
Fireplace:
Fireplaces: 0

Exterior

Style:
TraditonalAmerican

Construction

General:
Two, Slab

Location

Originating MLS:
mibor
School District:
MSD Martinsville Schools
County:
Morgan

Lot

Zoning:
Pt Outlot 39 Orig Plat Sw 1/4 Exc .171 Ac On E Side, 550933392003001021

Utilities

Water:
Municipal/City

Financial

Source:
mibor

This listing courtesy of:
Fischer Realty, LLC, Lisa Fischer

About Martinsville, IN

Housing

Number of Units
13,323
Median Home Value
$175,295
Median Rent
$594

22.49% of housing units are renter occupied.

6.33% are vacant.

Commute

Car
76.49%
Public Transportation
0.23%
Walk to Work
0.97%
Work from Home
21.63%
Other
0.30%

The median travel time to work is 26 minutes.

People

Population
32,313
Median Age
41.30
Median Household Size
2.67

Education

High School
38.64%
Associate’s Degree
9.30%
Bachelor’s Degree
10.81%
Graduate Degree
7.09%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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