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
2025 Deer Lake Dr Martinsville, IN Perched on a hilltop in the coveted Legendary Hills community, this beautifully updated Mo...	3 beds \| 2 baths \| 3,027 sq.ft.	$424,750	Airbnb cash on cash: -0.45% Traditional cash on cash: 4.47% Airbnb Rental Income: $848 Traditional Rental Income: $2477 Airbnb ROI: -0.45% Traditional ROI: 4.47%
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%
89 S 2nd Street Martinsville, IN Welcome home to the perfect place to start your next chapter. This beautifully maintained,...	3 beds \| 2 baths \| 1,735 sq.ft.	$275,000	Airbnb cash on cash: 0.52% Traditional cash on cash: 7.13% Airbnb Rental Income: $848 Traditional Rental Income: $2233 Airbnb ROI: 0.52% Traditional ROI: 7.13%
390 E Gray Street Martinsville, IN Charming 3 bed, 1 bath full brick ranch boasting solid construction and great potential. T...	3 beds \| 1 baths \| 1,157 sq.ft.	$189,900	Airbnb cash on cash: 0.74% Traditional cash on cash: 5.17% Airbnb Rental Income: $848 Traditional Rental Income: $1316 Airbnb ROI: 0.74% Traditional ROI: 5.17%
3170 N Country Club Rd Martinsville, IN Welcome to this beautiful 3 or 4 bedrooms home that boasts 2.5 baths, where comfort and co...	3 beds \| 2 baths \| 2,623 sq.ft.	$340,000	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%
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.	$415,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.25% Airbnb Rental Income: $null Traditional Rental Income: $2795 Airbnb ROI: N/A Traditional ROI: 5.25%
929 S Grant St 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.	$200,000	Airbnb cash on cash: 0.55% Traditional cash on cash: 6.28% Airbnb Rental Income: $848 Traditional Rental Income: $1606 Airbnb ROI: 0.55% Traditional ROI: 6.28%
1027 S Teresa Dr 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.	$450,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.76% Airbnb Rental Income: $null Traditional Rental Income: $3013 Airbnb ROI: N/A Traditional ROI: 5.76%
200 Bailliere Drive Martinsville, IN Beautifully Updated Family Home in Shireman Estates with Lake Views & Wooded Backyard! Th...	4 beds \| 3 baths \| 2,520 sq.ft.	$375,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.21% Airbnb Rental Income: $null Traditional Rental Income: $2116 Airbnb ROI: N/A Traditional ROI: 4.21%
5825 Blue Bluff Rd Martinsville, IN This adorable and cozy three bedroom one bath bungalow is located on 1.47 acres. Kitchen a...	3 beds \| 1 baths \| 1,906 sq.ft.	$299,999	Airbnb cash on cash: 0.3% Traditional cash on cash: 3.22% Airbnb Rental Income: $848 Traditional Rental Income: $1382 Airbnb ROI: 0.3% Traditional ROI: 3.22%
990 E Washington St Martinsville, IN Fully Renovated Gem on Iconic Washington Street - Parade Route Living! Welcome to this stu...	4 beds \| 2 baths \| 4,590 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 Rd 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.	$159,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.1% Airbnb Rental Income: $null Traditional Rental Income: $970 Airbnb ROI: N/A Traditional ROI: 4.1%
285 Robb Hill Rd Martinsville, IN Nestled across two parcels totaling nearly an acre, with a peaceful creek running through,...	4 beds \| 2 baths \| 3,332 sq.ft.	$379,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.14% Airbnb Rental Income: $null Traditional Rental Income: $3128 Airbnb ROI: N/A Traditional ROI: 7.14%
340 N Lincoln St Martinsville, IN Cute, cozy, and full of charm, this beautifully updated 3-bedroom, 2-full-bath home perfec...	3 beds \| 2 baths \| 1,620 sq.ft.	$215,000	Airbnb cash on cash: 0.8% Traditional cash on cash: 6.57% Airbnb Rental Income: $848 Traditional Rental Income: $1747 Airbnb ROI: 0.8% Traditional ROI: 6.57%
760 E Harrison Street Martinsville, IN Seller offering credit for closing! Beautifully maintained home located in the heart of M...	3 beds \| 2 baths \| 1,204 sq.ft.	$220,000	Airbnb cash on cash: 0.5% Traditional cash on cash: 5.8% Airbnb Rental Income: $848 Traditional Rental Income: $1623 Airbnb ROI: 0.5% Traditional ROI: 5.8%
8915 N Waverly Park Rd Martinsville, IN Welcome Home to City Close and Country Quiet! An updated-cozy ranch with finished basement...	4 beds \| 2 baths \| 2,700 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%
4485 Godsey Rd Martinsville, IN Welcome to the Famous Castle in the Woods! This Custom Built Mike Kirsch home sits on over...	5 beds \| 3 baths \| 4,061 sq.ft.	$760,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.87% Airbnb Rental Income: $null Traditional Rental Income: $4142 Airbnb ROI: N/A Traditional ROI: 3.87%
359 W Sumner Ave Martinsville, IN The wait is over! I-69 is finished and this is the perfect location to shorten your daily ...	3 beds \| 1 baths \| 860 sq.ft.	$180,000	Airbnb cash on cash: 0.74% Traditional cash on cash: 5.21% Airbnb Rental Income: $848 Traditional Rental Income: $1282 Airbnb ROI: 0.74% Traditional ROI: 5.21%
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 St Martinsville, IN Rick Hammack has meticulously crafted this exquisite condominium nestled within the charmi...	3 beds \| 2 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%
3380 N Pine Song Dr Martinsville, IN Discover luxury living in this beautifully designed home, perfectly situated on a **corner...	5 beds \| 3 baths \| 3,468 sq.ft.	$825,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.53% Airbnb Rental Income: $null Traditional Rental Income: $3586 Airbnb ROI: N/A Traditional ROI: 3.53%
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.	$1,645,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.35% Airbnb Rental Income: $null Traditional Rental Income: $4110 Airbnb ROI: N/A Traditional ROI: 1.35%
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 \| 4,603 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%
8190 Beech Grove Rd Martinsville, IN Your country oasis awaits! This brick ranch sits on a private, wooded lot on over 7 acres!...	3 beds \| 1 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.	$450,000	Airbnb cash on cash: -1.22% Traditional cash on cash: 4.74% Airbnb Rental Income: $848 Traditional Rental Income: $3029 Airbnb ROI: -1.22% Traditional ROI: 4.74%
3813 N Ramsgate Road Martinsville, IN This 4 bedroom 3 bath home with a walk out basement has everything you need on the first f...	4 beds \| 3 baths \| 2,898 sq.ft.	$442,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.69% Airbnb Rental Income: $null Traditional Rental Income: $2549 Airbnb ROI: N/A Traditional ROI: 3.69%
289 W Walnut Street Martinsville, IN Due to no fault of the seller or property the original contract for this property has fall...	3 beds \| 1 baths \| 1,395 sq.ft.	$205,000	Airbnb cash on cash: -0.01% Traditional cash on cash: 4.8% Airbnb Rental Income: $848 Traditional Rental Income: $1453 Airbnb ROI: -0.01% Traditional ROI: 4.8%
1715 Orchard Hills Rd Martinsville, IN Secluded 15 acre paradise! Down a lane off of Wilbur Rd awaits your opportunity for privat...	2 beds \| 1 baths \| 1,558 sq.ft.	$349,000	Airbnb cash on cash: 0.62% Traditional cash on cash: 2.02% Airbnb Rental Income: $1342 Traditional Rental Income: $1456 Airbnb ROI: 0.62% Traditional ROI: 2.02%
909 E Washington Street Martinsville, IN Step back in time in this lovely older home on Washington Street in Martinsville. You'll ...	3 beds \| 2 baths \| 2,940 sq.ft.	$274,900	Airbnb cash on cash: 0.02% Traditional cash on cash: 7.2% Airbnb Rental Income: $848 Traditional Rental Income: $2378 Airbnb ROI: 0.02% Traditional ROI: 7.2%
329 N Park Ave Martinsville, IN Need closing cost assistance? The seller is offering up to $3,000 in closing costs assist...	3 beds \| 2 baths \| 1,553 sq.ft.	$218,000	Airbnb cash on cash: 0.45% Traditional cash on cash: 7.07% Airbnb Rental Income: $848 Traditional Rental Income: $1885 Airbnb ROI: 0.45% Traditional ROI: 7.07%
4385 Wilbur Rd Martinsville, IN Ready to make this home yours?? Currently under construction with all building materials o...	2 beds \| 2 baths \| 1,440 sq.ft.	$205,000	Airbnb cash on cash: 2.89% Traditional cash on cash: 8.96% Airbnb Rental Income: $1342 Traditional Rental Income: $2110 Airbnb ROI: 2.89% Traditional ROI: 8.96%
4194 E West Point Ct Martinsville, IN Experience the very best of lakefront living in this stunning stone ranch home, perfectly ...	3 beds \| 2 baths \| 2,296 sq.ft.	$499,000	Airbnb cash on cash: -0.62% Traditional cash on cash: 4.48% Airbnb Rental Income: $848 Traditional Rental Income: $2897 Airbnb ROI: -0.62% Traditional ROI: 4.48%
2770 State Road 67 N Martinsville, IN Welcome home to this charming all-brick house on nearly 5 acres. With 2 bedrooms, 2 baths,...	2 beds \| 2 baths \| 2,129 sq.ft.	$215,000	Airbnb cash on cash: 2.62% Traditional cash on cash: 8.33% Airbnb Rental Income: $1342 Traditional Rental Income: $2093 Airbnb ROI: 2.62% Traditional ROI: 8.33%
7247 Bethany Park Road Martinsville, IN Price Improved to $90,000! Investor opportunity with strong potential. This property is be...	2 beds \| 1 baths \| 1,394 sq.ft.	$90,000	Airbnb cash on cash: 7.59% Traditional cash on cash: 11.92% Airbnb Rental Income: $1342 Traditional Rental Income: $1310 Airbnb ROI: 7.59% Traditional ROI: 11.92%
105 Wood Pl Martinsville, IN Looking for a home that fits everyone under one roof? This beautifully maintained 4-bedroo...	4 beds \| 3 baths \| 3,128 sq.ft.	$429,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.96% Airbnb Rental Income: $null Traditional Rental Income: $3193 Airbnb ROI: N/A Traditional ROI: 5.96%
1442 Wigwam Ln Martinsville, IN Your next chapter begins here in this stunning new home by Rick Hammack, ready for move-in...	5 beds \| 2 baths \| 2,077 sq.ft.	$283,010	Airbnb cash on cash: N/A Traditional cash on cash: 8.43% Airbnb Rental Income: $null Traditional Rental Income: $2610 Airbnb ROI: N/A Traditional ROI: 8.43%
5105 SR 42 Martinsville, IN Welcome to country living at its finest! This spacious 4-bedroom farmhouse sits on 6.97 sc...	4 beds \| 2 baths \| 3,331 sq.ft.	$530,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.76% Airbnb Rental Income: $null Traditional Rental Income: $2373 Airbnb ROI: N/A Traditional ROI: 2.76%
1445 Elm St Martinsville, IN Don't miss this huge opportunity!!! AFFORDABLE NEW BUILD!! Move-in ready within the next c...	4 beds \| 2 baths \| 1,703 sq.ft.	$249,389	Airbnb cash on cash: N/A Traditional cash on cash: 7.39% Airbnb Rental Income: $null Traditional Rental Income: $2320 Airbnb ROI: N/A Traditional ROI: 7.39%
4262 State Road 44 Martinsville, IN Professional Photos coming soon! Beautiful 4-Bedroom Home on 1.3 Acres in Desirable Gr...	4 beds \| 3 baths \| 2,772 sq.ft.	$419,999	Airbnb cash on cash: N/A Traditional cash on cash: 5.03% Airbnb Rental Income: $null Traditional Rental Income: $2621 Airbnb ROI: N/A Traditional ROI: 5.03%

Real Estate investment in Martinsville, IN

There are 143 properties for sale in the city of Martinsville . The median list price in Martinsville is $347,350 and the average price per square foot is $154. In March 2026, the average monthly cash on cash return in Martinsville is 5.00%. The average monthly rental income in Martinsville is $1,470.

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

There are 143 investment properties available for sale in Martinsville.

In 2026, 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

2025 Deer Lake Dr

Martinsville, IN

3 beds | 2 baths | 3,027 sq.ft.

$424,750

Airbnb cash on cash: -0.45%

Traditional cash on cash: 4.47%

Airbnb Rental Income: $848

Traditional Rental Income: $2477

Airbnb ROI: -0.45%

Traditional ROI: 4.47%

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%

89 S 2nd Street

Martinsville, IN

3 beds | 2 baths | 1,735 sq.ft.

$275,000

Airbnb cash on cash: 0.52%

Traditional cash on cash: 7.13%

Airbnb Rental Income: $848

Traditional Rental Income: $2233

Airbnb ROI: 0.52%

Traditional ROI: 7.13%

390 E Gray Street

Martinsville, IN

3 beds | 1 baths | 1,157 sq.ft.

$189,900

Airbnb cash on cash: 0.74%

Traditional cash on cash: 5.17%

Airbnb Rental Income: $848

Traditional Rental Income: $1316

Airbnb ROI: 0.74%

Traditional ROI: 5.17%

3170 N Country Club Rd

Martinsville, IN

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

$340,000

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%

1730 E Durham Drive

Martinsville, IN

4 beds | 3 baths | 3,978 sq.ft.

$415,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.25%

Airbnb Rental Income: $null

Traditional Rental Income: $2795

Airbnb ROI: N/A

Traditional ROI: 5.25%

929 S Grant St

Martinsville, IN

3 beds | 2 baths | 1,204 sq.ft.

$200,000

Airbnb cash on cash: 0.55%

Traditional cash on cash: 6.28%

Airbnb Rental Income: $848

Traditional Rental Income: $1606

Airbnb ROI: 0.55%

Traditional ROI: 6.28%

1027 S Teresa Dr

Martinsville, IN

4 beds | 3 baths | 3,436 sq.ft.

$450,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.76%

Airbnb Rental Income: $null

Traditional Rental Income: $3013

Airbnb ROI: N/A