Real Estate Investment Properties for Sale in Martinsville, IN

Looking for investment property in Martinsville, IN with high ROI ?

Explore a variety of short-term homes & houses in Martinsville, IN. Invest wisely with VRBO & Martinsville, IN Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Martinsville, IN

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
505 Jones Place Martinsville, IN The traditional brick exterior of this timeless custom home belies the surprises that awai...	4 beds \| 4 baths \| 3,588 sq.ft.	$524,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.55% Airbnb Rental Income: $null Traditional Rental Income: $3398 Airbnb ROI: N/A Traditional ROI: 5.55%
8577 State Road 44 Martinsville, IN A wraparound porch introduces this practical 4 bedroom, 2 full bath home with almost 2,500...	4 beds \| 2 baths \| 2,474 sq.ft.	$374,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.03% Airbnb Rental Income: $null Traditional Rental Income: $2333 Airbnb ROI: N/A Traditional ROI: 5.03%
2025 Deer Lake Drive Martinsville, IN Perched on a hilltop in the coveted Legendary Hills community, this beautifully updated Mo...	3 beds \| 3 baths \| 2,307 sq.ft.	$430,000	Airbnb cash on cash: -0.46% Traditional cash on cash: 4.4% Airbnb Rental Income: $848 Traditional Rental Income: $2477 Airbnb ROI: -0.46% Traditional ROI: 4.4%
1015 Plaza Drive Martinsville, IN Great 2 Bedroom Condo, Large living room, Kitchen/Dining room combo, Master bedroom with a...	2 beds \| 2 baths \| 1,414 sq.ft.	$209,000	Airbnb cash on cash: 2.13% Traditional cash on cash: 6.26% Airbnb Rental Income: $1342 Traditional Rental Income: $1749 Airbnb ROI: 2.13% Traditional ROI: 6.26%
890 E Washington Street Martinsville, IN Welcome to a rare treasure a warm and inviting 4-bedroom, 2.5-bath historical home built i...	4 beds \| 3 baths \| 3,367 sq.ft.	$450,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.33% Airbnb Rental Income: $null Traditional Rental Income: $2950 Airbnb ROI: N/A Traditional ROI: 5.33%
3170 N Country Club Road Martinsville, IN Welcome to this beautiful 3 or 4 bedrooms home that boasts 2.5 baths, where comfort and co...	3 beds \| 3 baths \| 2,623 sq.ft.	$349,900	Airbnb cash on cash: -0.12% Traditional cash on cash: 6.08% Airbnb Rental Income: $848 Traditional Rental Income: $2556 Airbnb ROI: -0.12% Traditional ROI: 6.08%
525 Jones Place Martinsville, IN High ceilings, big rooms, and lots of natural light add up to large-scale living in this s...	4 beds \| 4 baths \| 3,183 sq.ft.	$595,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.71% Airbnb Rental Income: $null Traditional Rental Income: $3425 Airbnb ROI: N/A Traditional ROI: 4.71%
2665 Grey Fox Drive Martinsville, IN Solid and beautiful all brick home on the golf course in Foxcliff Estates South. The home ...	3 beds \| 2 baths \| 2,550 sq.ft.	$360,900	Airbnb cash on cash: -0.22% Traditional cash on cash: 5.64% Airbnb Rental Income: $848 Traditional Rental Income: $2503 Airbnb ROI: -0.22% Traditional ROI: 5.64%
1730 E Durham Drive Martinsville, IN Welcome to this spacious 4-bedroom home nestled in the desirable Foxcliff Estates. Perched...	4 beds \| 3 baths \| 3,978 sq.ft.	$424,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.12% Airbnb Rental Income: $null Traditional Rental Income: $2795 Airbnb ROI: N/A Traditional ROI: 5.12%
929 S Grant Street Martinsville, IN Built in 2005 this in town 3 Bedroom, 2 Bath, 1 Car Rear Load Garage is ready for its next...	3 beds \| 2 baths \| 1,204 sq.ft.	$210,000	Airbnb cash on cash: 0.48% Traditional cash on cash: 5.95% Airbnb Rental Income: $848 Traditional Rental Income: $1606 Airbnb ROI: 0.48% Traditional ROI: 5.95%
1027 S Teresa Drive Martinsville, IN Nestled on a generous lot in Martinsville, Indiana, at 1027 S Teresa DR, this single-famil...	4 beds \| 3 baths \| 3,436 sq.ft.	$500,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.09% Airbnb Rental Income: $null Traditional Rental Income: $3013 Airbnb ROI: N/A Traditional ROI: 5.09%
200 Bailliere Drive Martinsville, IN Shireman Estates, Lake Life, and a Beautiful Home! What else can you ask for! Check out th...	3 beds \| 3 baths \| 3,072 sq.ft.	$375,500	Airbnb cash on cash: -0.33% Traditional cash on cash: 4.2% Airbnb Rental Income: $848 Traditional Rental Income: $2116 Airbnb ROI: -0.33% Traditional ROI: 4.2%
839 S Grant Street Martinsville, IN Tucked away at 839 S Grant ST, MARTINSVILLE, IN, this single-family residence in Morgan co...	3 beds \| 2 baths \| 1,188 sq.ft.	$220,000	Airbnb cash on cash: 0.02% Traditional cash on cash: 5.14% Airbnb Rental Income: $848 Traditional Rental Income: $1584 Airbnb ROI: 0.02% Traditional ROI: 5.14%
990 E Washington Street Martinsville, IN Fully Renovated Gem on Iconic Washington Street - Parade Route Living! Welcome to this stu...	4 beds \| 3 baths \| 3,672 sq.ft.	$350,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.42% Airbnb Rental Income: $null Traditional Rental Income: $2789 Airbnb ROI: N/A Traditional ROI: 6.42%
4580 N Templin Road Martinsville, IN Nestled at 4580 N Templin RD, and 4594 (total 3 parcels) MARTINSVILLE, IN, this single-fam...	1 beds \| 1 baths \| 540 sq.ft.	$169,999	Airbnb cash on cash: N/A Traditional cash on cash: 3.78% Airbnb Rental Income: $null Traditional Rental Income: $970 Airbnb ROI: N/A Traditional ROI: 3.78%
760 E Harrison Street Martinsville, IN Beautifully maintained home located in the heart of Martinsville, within walking distance ...	3 beds \| 2 baths \| 1,204 sq.ft.	$228,000	Airbnb cash on cash: 0.45% Traditional cash on cash: 5.57% Airbnb Rental Income: $848 Traditional Rental Income: $1623 Airbnb ROI: 0.45% Traditional ROI: 5.57%
8915 N Waverly Park Road Martinsville, IN Welcome Home to City Close and Country Quiet! An updated-cozy ranch with finished basement...	4 beds \| 2 baths \| 2,160 sq.ft.	$424,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.38% Airbnb Rental Income: $null Traditional Rental Income: $1507 Airbnb ROI: N/A Traditional ROI: 2.38%
901 Carter Road Martinsville, IN Perfect Country location and ready to move right in. Morgan County/Green Township acreage...	3 beds \| 1 baths \| 1,768 sq.ft.	$243,900	Airbnb cash on cash: 0.75% Traditional cash on cash: 3.14% Airbnb Rental Income: $848 Traditional Rental Income: $1068 Airbnb ROI: 0.75% Traditional ROI: 3.14%
2340 N Egbert Road Martinsville, IN Lots of rooms to roam, Lots of woods and grass lot to roam! Martinsville two story with ba...	3 beds \| 3 baths \| 2,818 sq.ft.	$216,500	Airbnb cash on cash: 0.72% Traditional cash on cash: 7.32% Airbnb Rental Income: $848 Traditional Rental Income: $1871 Airbnb ROI: 0.72% Traditional ROI: 7.32%
3395 State Road 44 Martinsville, IN Glide down a curved private drive where paradise opens up into a 12.8 acre homestead featu...	5 beds \| 3 baths \| 3,620 sq.ft.	$534,850	Airbnb cash on cash: N/A Traditional cash on cash: 4.59% Airbnb Rental Income: $null Traditional Rental Income: $3311 Airbnb ROI: N/A Traditional ROI: 4.59%
2941 S Mask Court Martinsville, IN Your journey begins here, the ultimate vacation retreat in Painted Hills! A secluded parad...	3 beds \| 2 baths \| 1,248 sq.ft.	$284,500	Airbnb cash on cash: -0.01% Traditional cash on cash: 3.74% Airbnb Rental Income: $848 Traditional Rental Income: $1522 Airbnb ROI: -0.01% Traditional ROI: 3.74%
2131 N Wolf Den Lane Martinsville, IN Proposed Build of the popular Reagan floorplan. This proposed plan includes 3 bedrooms, 2....	3 beds \| 3 baths \| 2,388 sq.ft.	$498,800	Airbnb cash on cash: -0.09% Traditional cash on cash: 4.36% Airbnb Rental Income: $848 Traditional Rental Income: $2595 Airbnb ROI: -0.09% Traditional ROI: 4.36%
4030 Pitkin Road Martinsville, IN 9+ acres! Rustic, hidden, peaceful, & private describe this home which features a combinat...	3 beds \| 2 baths \| 2,921 sq.ft.	$425,000	Airbnb cash on cash: -0.78% Traditional cash on cash: 2.05% Airbnb Rental Income: $848 Traditional Rental Income: $1645 Airbnb ROI: -0.78% Traditional ROI: 2.05%
863 E Harrison Street Martinsville, IN Rick Hammack has meticulously crafted this exquisite condominium nestled within the charmi...	3 beds \| 3 baths \| 1,966 sq.ft.	$305,000	Airbnb cash on cash: -0.85% Traditional cash on cash: 6.24% Airbnb Rental Income: $848 Traditional Rental Income: $2553 Airbnb ROI: -0.85% Traditional ROI: 6.24%
189 S Jefferson Street Martinsville, IN This beautifully and completely restored 3,177 sf 4 bedroom 3.5 bath home is just 1 block...	4 beds \| 4 baths \| 3,177 sq.ft.	$650,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.3% Airbnb Rental Income: $null Traditional Rental Income: $3266 Airbnb ROI: N/A Traditional ROI: 3.3%
834 Center Street Martinsville, IN Step right into this beautifully updated, move-in ready home featuring 3 comfortable bedro...	3 beds \| 1 baths \| 825 sq.ft.	$193,000	Airbnb cash on cash: 0.41% Traditional cash on cash: 4.4% Airbnb Rental Income: $848 Traditional Rental Income: $1249 Airbnb ROI: 0.41% Traditional ROI: 4.4%
2001 E Ely Court Martinsville, IN Discover the ultimate in lakefront luxury with this one-of-a-kind retreat nestled on a pri...	5 beds \| 4 baths \| 3,713 sq.ft.	$875,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.86% Airbnb Rental Income: $null Traditional Rental Income: $4717 Airbnb ROI: N/A Traditional ROI: 3.86%
610 E Morgan Street Martinsville, IN PRIME LOCATION: Situated in the heart of "newly developing" downtown Martinsville, shoppin...	3 beds \| 2 baths \| 1,400 sq.ft.	$229,900	Airbnb cash on cash: -0.55% Traditional cash on cash: 5.46% Airbnb Rental Income: $848 Traditional Rental Income: $1827 Airbnb ROI: -0.55% Traditional ROI: 5.46%
5571 Poff Road Martinsville, IN Welcome to your privately gated 75+ acre estate, complete with a breathtaking 10-acre priv...	4 beds \| 4 baths \| 4,542 sq.ft.	$1,650,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.34% Airbnb Rental Income: $null Traditional Rental Income: $4110 Airbnb ROI: N/A Traditional ROI: 1.34%
80 E College Avenue Martinsville, IN Great location, 2-story brick home on a corner lot nested on the hillside with great views...	3 beds \| 3 baths \| 2,570 sq.ft.	$290,000	Airbnb cash on cash: -0.3% Traditional cash on cash: 6.77% Airbnb Rental Income: $848 Traditional Rental Income: $2451 Airbnb ROI: -0.3% Traditional ROI: 6.77%
0 Goat Hollow Lot 4 Martinsville, IN Presented by Joyner Homes, this proposed build on 5.3 expansive acres features The Telluri...	4 beds \| 3 baths \| 2,843 sq.ft.	$684,750	Airbnb cash on cash: N/A Traditional cash on cash: 2.32% Airbnb Rental Income: $null Traditional Rental Income: $2754 Airbnb ROI: N/A Traditional ROI: 2.32%
600 Old Moore Road Martinsville, IN BRING OFFERS! MOTIVATED SELLERS due to recent job relocation. Well maintained Home on 8.86...	3 beds \| 4 baths \| 3,140 sq.ft.	$607,916	Airbnb cash on cash: -0.56% Traditional cash on cash: 4.86% Airbnb Rental Income: $848 Traditional Rental Income: $3596 Airbnb ROI: -0.56% Traditional ROI: 4.86%
1156 Cope Road Martinsville, IN Country Dreaming in Your Own Private Oasis - Martinsville, IN Tucked away on 12.63 seclude...	5 beds \| 2 baths \| 3,180 sq.ft.	$799,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.08% Airbnb Rental Income: $null Traditional Rental Income: $2612 Airbnb ROI: N/A Traditional ROI: 2.08%
8190 Beech Grove Road Martinsville, IN Your country oasis awaits! This brick ranch sits on a private, wooded lot on over 7 acres!...	3 beds \| 2 baths \| 1,264 sq.ft.	$489,000	Airbnb cash on cash: -0.91% Traditional cash on cash: 1.67% Airbnb Rental Income: $848 Traditional Rental Income: $1701 Airbnb ROI: -0.91% Traditional ROI: 1.67%
1927 E Derby Court Martinsville, IN MOTIVATED SELLER-BRING US AN OFFER! Nestled on the tranquil shores of a private lake, this...	3 beds \| 3 baths \| 2,585 sq.ft.	$499,000	Airbnb cash on cash: -1.28% Traditional cash on cash: 4.1% Airbnb Rental Income: $848 Traditional Rental Income: $3029 Airbnb ROI: -1.28% Traditional ROI: 4.1%
2246 E Yellowwood Lane Martinsville, IN HONEY STOP THE CAR!!! Nestled at 2246 E Yellowwood LN, MARTINSVILLE, IN, this single-famil...	3 beds \| 2 baths \| 1,600 sq.ft.	$290,000	Airbnb cash on cash: -0.29% Traditional cash on cash: 4.57% Airbnb Rental Income: $848 Traditional Rental Income: $1844 Airbnb ROI: -0.29% Traditional ROI: 4.57%
290 S Buffalo Hill Road Martinsville, IN Welcome to this charming 3-bedroom, 2-bath home nestled on 2.5+acre with 48x32 Pole Barn. ...	3 beds \| 2 baths \| 1,512 sq.ft.	$285,000	Airbnb cash on cash: -0.26% Traditional cash on cash: 4.54% Airbnb Rental Income: $848 Traditional Rental Income: $1808 Airbnb ROI: -0.26% Traditional ROI: 4.54%
989 Plaza Drive Martinsville, IN Rare find in Martinsville's West Plaza Drive Retirement (55 and Older) Community. One of ...	2 beds \| 2 baths \| 1,200 sq.ft.	$215,000	Airbnb cash on cash: 1.22% Traditional cash on cash: 4.31% Airbnb Rental Income: $1342 Traditional Rental Income: $1560 Airbnb ROI: 1.22% Traditional ROI: 4.31%
3813 N Ramsgate Road Martinsville, IN Discover your own peaceful retreat in sought-after Foxcliff Estates! This beautifully 3/4...	3 beds \| 3 baths \| 2,898 sq.ft.	$449,000	Airbnb cash on cash: -1.22% Traditional cash on cash: 3.61% Airbnb Rental Income: $848 Traditional Rental Income: $2549 Airbnb ROI: -1.22% Traditional ROI: 3.61%
589 Valley Drive Martinsville, IN Breathtaking Hilltop Brick Ranch with Panoramic Views of Martinsville! Step into this bea...	4 beds \| 2 baths \| 3,008 sq.ft.	$489,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.36% Airbnb Rental Income: $null Traditional Rental Income: $2474 Airbnb ROI: N/A Traditional ROI: 3.36%

Real Estate investment in Martinsville, IN

There are 81 properties for sale in the city of Martinsville . The median list price in Martinsville is $290,000 and the average price per square foot is $130. In December 2025, the average monthly cash on cash return in Martinsville is 5.00%. The average monthly rental income in Martinsville is $2,116.

Martinsville, IN Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 81 investment properties available for sale in Martinsville.

In 2025, the best neighborhood to buy investment property is Martinsville.

The ROI for Short-Term is higher than the Long-Term in Martinsville with average rental income of $848.

Your search for investment property begins and ends here

Investment Property for Sale in Martinsville, IN

505 Jones Place

Martinsville, IN

4 beds | 4 baths | 3,588 sq.ft.

$524,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.55%

Airbnb Rental Income: $null

Traditional Rental Income: $3398

Airbnb ROI: N/A

Traditional ROI: 5.55%

8577 State Road 44

Martinsville, IN

4 beds | 2 baths | 2,474 sq.ft.

$374,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.03%

Airbnb Rental Income: $null

Traditional Rental Income: $2333

Airbnb ROI: N/A

Traditional ROI: 5.03%

2025 Deer Lake Drive

Martinsville, IN

3 beds | 3 baths | 2,307 sq.ft.

$430,000

Airbnb cash on cash: -0.46%

Traditional cash on cash: 4.4%

Airbnb Rental Income: $848

Traditional Rental Income: $2477

Airbnb ROI: -0.46%

Traditional ROI: 4.4%

1015 Plaza Drive

Martinsville, IN

2 beds | 2 baths | 1,414 sq.ft.

$209,000

Airbnb cash on cash: 2.13%

Traditional cash on cash: 6.26%

Airbnb Rental Income: $1342

Traditional Rental Income: $1749

Airbnb ROI: 2.13%

Traditional ROI: 6.26%

890 E Washington Street

Martinsville, IN

4 beds | 3 baths | 3,367 sq.ft.

$450,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.33%

Airbnb Rental Income: $null

Traditional Rental Income: $2950

Airbnb ROI: N/A

Traditional ROI: 5.33%

3170 N Country Club Road

Martinsville, IN

3 beds | 3 baths | 2,623 sq.ft.

$349,900

Airbnb cash on cash: -0.12%

Traditional cash on cash: 6.08%

Airbnb Rental Income: $848

Traditional Rental Income: $2556

Airbnb ROI: -0.12%

Traditional ROI: 6.08%

525 Jones Place

Martinsville, IN

4 beds | 4 baths | 3,183 sq.ft.

$595,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.71%

Airbnb Rental Income: $null

Traditional Rental Income: $3425

Airbnb ROI: N/A

Traditional ROI: 4.71%

2665 Grey Fox Drive

Martinsville, IN

3 beds | 2 baths | 2,550 sq.ft.

$360,900

Airbnb cash on cash: -0.22%

Traditional cash on cash: 5.64%

Airbnb Rental Income: $848

Traditional Rental Income: $2503

Airbnb ROI: -0.22%