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
3215 Kestrel Court Martinsville, IN Discover luxury & privacy in this exquisite executive home. This property offers a refined...	4 beds \| 5 baths \| 7,374 sq.ft.	$1,300,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.48% Airbnb Rental Income: $null Traditional Rental Income: $4588 Airbnb ROI: N/A Traditional ROI: 2.48%
309 E Garfield Avenue Martinsville, IN Discover an inviting home awaiting you at 309 E Garfield AVE, MARTINSVILLE, IN. This singl...	2 beds \| 2 baths \| 1,598 sq.ft.	$250,000	Airbnb cash on cash: 1.5% Traditional cash on cash: 5.95% Airbnb Rental Income: $1342 Traditional Rental Income: $1979 Airbnb ROI: 1.5% Traditional ROI: 5.95%
265 Bailliere Drive Martinsville, IN Improved Price! Come and check out this spacious 4-bedroom, 2.5 bath home located on two l...	4 beds \| 3 baths \| 3,496 sq.ft.	$419,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.69% Airbnb Rental Income: $null Traditional Rental Income: $2143 Airbnb ROI: N/A Traditional ROI: 3.69%
5085 Old State Road 37 S Martinsville, IN You'll get a sense of home upon entering this cozy, fully updated home with an open concep...	3 beds \| 2 baths \| 1,792 sq.ft.	$297,000	Airbnb cash on cash: 0.46% Traditional cash on cash: 4.86% Airbnb Rental Income: $848 Traditional Rental Income: $1747 Airbnb ROI: 0.46% Traditional ROI: 4.86%
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.	$340,000	Airbnb cash on cash: -0.1% Traditional cash on cash: 6.28% Airbnb Rental Income: $848 Traditional Rental Income: $2556 Airbnb ROI: -0.1% Traditional ROI: 6.28%
525 Jones Place Martinsville, IN From the moment you step inside, this home just feels different. High ceilings, oversized ...	4 beds \| 4 baths \| 3,183 sq.ft.	$574,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.9% Airbnb Rental Income: $null Traditional Rental Income: $3425 Airbnb ROI: N/A Traditional ROI: 4.9%
1647 S Plateau Circle Martinsville, IN As the song goes "Almost Paradise" in this well maintained lakeside home. This 3BR, Stone ...	3 beds \| 3 baths \| 1,850 sq.ft.	$499,900	Airbnb cash on cash: -0.44% Traditional cash on cash: 4.09% Airbnb Rental Income: $848 Traditional Rental Income: $2636 Airbnb ROI: -0.44% Traditional ROI: 4.09%
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.	$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 Drive Martinsville, IN Welcome home! This spacious two-story home offers 4 bedrooms, 3 full bathrooms, and over 3...	4 beds \| 3 baths \| 3,436 sq.ft.	$419,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.23% Airbnb Rental Income: $null Traditional Rental Income: $3013 Airbnb ROI: N/A Traditional ROI: 6.23%
1651 Bill Smith Road Martinsville, IN The home you've been waiting for! Located at 1651 Bill Smith Road, this house gives a subs...	4 beds \| 2 baths \| 1,545 sq.ft.	$399,500	Airbnb cash on cash: N/A Traditional cash on cash: 4.14% Airbnb Rental Income: $null Traditional Rental Income: $2143 Airbnb ROI: N/A Traditional ROI: 4.14%
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.	$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 Road Martinsville, IN Nestled across two parcels totaling nearly an acre, with a peaceful creek running through,...	4 beds \| 3 baths \| 3,332 sq.ft.	$360,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.78% Airbnb Rental Income: $null Traditional Rental Income: $3128 Airbnb ROI: N/A Traditional ROI: 7.78%
340 N Lincoln Street Martinsville, IN Cute, cozy, and full of charm, this beautifully updated 3-bedroom, 2-full-bath home perfec...	3 beds \| 2 baths \| 1,080 sq.ft.	$214,000	Airbnb cash on cash: 0.89% Traditional cash on cash: 5.14% Airbnb Rental Income: $848 Traditional Rental Income: $1381 Airbnb ROI: 0.89% Traditional ROI: 5.14%
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.	$414,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.46% Airbnb Rental Income: $null Traditional Rental Income: $1507 Airbnb ROI: N/A Traditional ROI: 2.46%
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%
2530 S Glen Cove Martinsville, IN LOOK AT THIS ONE!! Seller said let's get this SOLD!!!! REDUCED REDUCED REDUCED!!! This wel...	4 beds \| 2 baths \| 2,178 sq.ft.	$649,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.04% Airbnb Rental Income: $null Traditional Rental Income: $1562 Airbnb ROI: N/A Traditional ROI: 1.04%
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%
4476 E Rembrandt Drive Martinsville, IN OPEN HOUSE CANCELLED - PENDING SALE - Get ready to enjoy lake living before summer in this...	3 beds \| 2 baths \| 1,553 sq.ft.	$335,000	Airbnb cash on cash: -0.11% Traditional cash on cash: 4.02% Airbnb Rental Income: $848 Traditional Rental Income: $1818 Airbnb ROI: -0.11% Traditional ROI: 4.02%
1090 Tomahawk Place Martinsville, IN An exceptional opportunity unfolds at 1090 Tomahawk PL revealing a pristine single-family ...	3 beds \| 3 baths \| 1,670 sq.ft.	$274,900	Airbnb cash on cash: -0.21% Traditional cash on cash: 6.53% Airbnb Rental Income: $848 Traditional Rental Income: $2263 Airbnb ROI: -0.21% Traditional ROI: 6.53%
6295 New Harmony Road Martinsville, IN This move-in-ready home has been completely refreshed from top to bottom with new flooring...	3 beds \| 2 baths \| 1,556 sq.ft.	$699,000	Airbnb cash on cash: -0.59% Traditional cash on cash: 1.53% Airbnb Rental Income: $848 Traditional Rental Income: $1905 Airbnb ROI: -0.59% Traditional ROI: 1.53%
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%
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%
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%
3669 Glenwood Drive Martinsville, IN Nestled among the trees, this 4 bedroom, 2 bath home offers peaceful living in the sought ...	4 beds \| 2 baths \| 3,167 sq.ft.	$349,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.56% Airbnb Rental Income: $null Traditional Rental Income: $2154 Airbnb ROI: N/A Traditional ROI: 4.56%
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 Road Martinsville, IN Secluded 15 acre paradise! Down a lane off of Wilbur Rd awaits your opportunity for privat...	2 beds \| 1 baths \| 1,246 sq.ft.	$349,000	Airbnb cash on cash: 0.85% Traditional cash on cash: 2.45% Airbnb Rental Income: $1342 Traditional Rental Income: $1456 Airbnb ROI: 0.85% Traditional ROI: 2.45%
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%
3671 N Windsor Place Martinsville, IN Wake up to stunning waterfront views in Foxcliff North Estates! This lake front home combi...	3 beds \| 3 baths \| 2,872 sq.ft.	$699,500	Airbnb cash on cash: -0.97% Traditional cash on cash: 2.97% Airbnb Rental Income: $848 Traditional Rental Income: $3086 Airbnb ROI: -0.97% Traditional ROI: 2.97%
4385 Wilbur Road 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 Court Martinsville, IN Experience the very best of lakefront living in this stunning stone ranch home, perfectly ...	3 beds \| 3 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%
1442 Wigwam Lane Martinsville, IN Your next chapter begins here in this stunning new home by Rick Hammack, ready for move-in...	5 beds \| 3 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 \| 2,319 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 Street Martinsville, IN HIGHLY MOTIVATED SELLERS!! (selling agents please call for details) Don't miss this huge o...	4 beds \| 3 baths \| 1,703 sq.ft.	$246,389	Airbnb cash on cash: N/A Traditional cash on cash: 7.72% Airbnb Rental Income: $null Traditional Rental Income: $2320 Airbnb ROI: N/A Traditional ROI: 7.72%
1752 Shady Lane Martinsville, IN Nestled just at the edge of town in Martinsville, this well-kept one-owner home offers a g...	3 beds \| 2 baths \| 2,298 sq.ft.	$287,500	Airbnb cash on cash: 0.19% Traditional cash on cash: 6.68% Airbnb Rental Income: $848 Traditional Rental Income: $2275 Airbnb ROI: 0.19% Traditional ROI: 6.68%
4763 N Nature Hills Lane Martinsville, IN Heaven Has A View!! Driving up the winding drive to this exceptional 5600 sqft farmhouse ...	4 beds \| 4 baths \| 5,050 sq.ft.	$925,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.77% Airbnb Rental Income: $null Traditional Rental Income: $3672 Airbnb ROI: N/A Traditional ROI: 2.77%
1084 Tomahawk Place Martinsville, IN Experience the perfect combination of style, comfort, and convenience in this beautifully ...	4 beds \| 3 baths \| 1,942 sq.ft.	$269,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.36% Airbnb Rental Income: $null Traditional Rental Income: $2470 Airbnb ROI: N/A Traditional ROI: 8.36%
5646 Paradise Drive Martinsville, IN Nestled at 5646 Paradise DR, MARTINSVILLE, IN, this inviting home in Morgan County present...	5 beds \| 3 baths \| 2,534 sq.ft.	$449,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.88% Airbnb Rental Income: $null Traditional Rental Income: $2685 Airbnb ROI: N/A Traditional ROI: 4.88%

Real Estate investment in Martinsville, IN

There are 65 properties for sale in the city of Martinsville . The median list price in Martinsville is $195,000 and the average price per square foot is $102. In March 2026, the average monthly cash on cash return in Martinsville is 5.00%. The average monthly rental income in Martinsville is $1,628.

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

There are 65 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

3215 Kestrel Court

Martinsville, IN

4 beds | 5 baths | 7,374 sq.ft.

$1,300,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.48%

Airbnb Rental Income: $null

Traditional Rental Income: $4588

Airbnb ROI: N/A

Traditional ROI: 2.48%

309 E Garfield Avenue

Martinsville, IN

2 beds | 2 baths | 1,598 sq.ft.

$250,000

Airbnb cash on cash: 1.5%

Traditional cash on cash: 5.95%

Airbnb Rental Income: $1342

Traditional Rental Income: $1979

Airbnb ROI: 1.5%

Traditional ROI: 5.95%

265 Bailliere Drive

Martinsville, IN

4 beds | 3 baths | 3,496 sq.ft.

$419,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.69%

Airbnb Rental Income: $null

Traditional Rental Income: $2143

Airbnb ROI: N/A

Traditional ROI: 3.69%

5085 Old State Road 37 S

Martinsville, IN

3 beds | 2 baths | 1,792 sq.ft.

$297,000

Airbnb cash on cash: 0.46%

Traditional cash on cash: 4.86%

Airbnb Rental Income: $848

Traditional Rental Income: $1747

Airbnb ROI: 0.46%

Traditional ROI: 4.86%

3170 N Country Club Road

Martinsville, IN

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

$340,000

Airbnb cash on cash: -0.1%

Traditional cash on cash: 6.28%

Airbnb Rental Income: $848

Traditional Rental Income: $2556

Airbnb ROI: -0.1%

Traditional ROI: 6.28%

525 Jones Place

Martinsville, IN

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

$574,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.9%

Airbnb Rental Income: $null

Traditional Rental Income: $3425

Airbnb ROI: N/A

Traditional ROI: 4.9%

1647 S Plateau Circle

Martinsville, IN

3 beds | 3 baths | 1,850 sq.ft.

$499,900

Airbnb cash on cash: -0.44%

Traditional cash on cash: 4.09%

Airbnb Rental Income: $848

Traditional Rental Income: $2636

Airbnb ROI: -0.44%

Traditional ROI: 4.09%

929 S Grant Street

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%