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
459 E Morgan Street Martinsville, IN Nostalgia awaits as you step onto the wrap around porch of this 1910 built charmer! Enter...	4 beds \| 2 baths \| 3,160 sq.ft.	$305,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.65% Airbnb Rental Income: $null Traditional Rental Income: $2459 Airbnb ROI: N/A Traditional ROI: 6.65%
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%
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: 5.12% Airbnb Rental Income: $null Traditional Rental Income: $2705 Airbnb ROI: N/A Traditional ROI: 5.12%
509 Anel Drive Martinsville, IN Tucked away on a quiet cul-de-sac in the desirable Champlin Meadows subdivision, this invi...	3 beds \| 1 baths \| 1,066 sq.ft.	$225,000	Airbnb cash on cash: -0.52% Traditional cash on cash: 4.67% Airbnb Rental Income: $513 Traditional Rental Income: $1343 Airbnb ROI: -0.52% Traditional ROI: 4.67%
389 E Morris Street Martinsville, IN If you're looking to downsize without sacrificing quality, or you've struggled to find a h...	2 beds \| 2 baths \| 960 sq.ft.	$240,000	Airbnb cash on cash: -0.62% Traditional cash on cash: 3.67% Airbnb Rental Income: $616 Traditional Rental Income: $1299 Airbnb ROI: -0.62% Traditional ROI: 3.67%
8625 Edith Street Martinsville, IN Walk right into your fully updated and move in ready home. This beautiful home has three ...	3 beds \| 2 baths \| 1,053 sq.ft.	$234,900	Airbnb cash on cash: -0.53% Traditional cash on cash: 5.01% Airbnb Rental Income: $513 Traditional Rental Income: $1469 Airbnb ROI: -0.53% Traditional ROI: 5.01%
9033 W Koger Lane Martinsville, IN Hard to find horse farmette in Morgan County! The farm is 5 acres with 3 of those acres fe...	4 beds \| 3 baths \| 1,921 sq.ft.	$550,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.34% Airbnb Rental Income: $null Traditional Rental Income: $2503 Airbnb ROI: N/A Traditional ROI: 3.34%
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.	$494,900	Airbnb cash on cash: -1.04% Traditional cash on cash: 4.14% Airbnb Rental Income: $513 Traditional Rental Income: $2636 Airbnb ROI: -1.04% Traditional ROI: 4.14%
929 S Grant Street Martinsville, IN ALL EXTERIOR DOORS ARE TO BE LOCKED. Sorry they constantly aren't after Realtor Showings. ...	3 beds \| 2 baths \| 1,204 sq.ft.	$200,000	Airbnb cash on cash: -0.92% Traditional cash on cash: 6.28% Airbnb Rental Income: $513 Traditional Rental Income: $1606 Airbnb ROI: -0.92% 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.	$385,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.88% Airbnb Rental Income: $null Traditional Rental Income: $3013 Airbnb ROI: N/A Traditional ROI: 6.88%
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: 3.63% Airbnb Rental Income: $null Traditional Rental Income: $1954 Airbnb ROI: N/A Traditional ROI: 3.63%
1088 S East Street Martinsville, IN Every now and then a house comes along that seems to good to be true. This beautiful, 3 b...	3 beds \| 2 baths \| 2,299 sq.ft.	$274,900	Airbnb cash on cash: -0.74% Traditional cash on cash: 7.05% Airbnb Rental Income: $513 Traditional Rental Income: $2257 Airbnb ROI: -0.74% Traditional ROI: 7.05%
349 E Morris Street Martinsville, IN Welcome to this beautifully updated home in Martinsville, thoughtfully renovated in 2020. ...	3 beds \| 1 baths \| 952 sq.ft.	$179,900	Airbnb cash on cash: -0.24% Traditional cash on cash: 5.28% Airbnb Rental Income: $513 Traditional Rental Income: $1184 Airbnb ROI: -0.24% Traditional ROI: 5.28%
990 E Washington Street Martinsville, IN *Update* The sellers will consider a credit towards a garage with an appropriate offer...	4 beds \| 3 baths \| 3,672 sq.ft.	$336,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.72% Airbnb Rental Income: $null Traditional Rental Income: $2789 Airbnb ROI: N/A Traditional ROI: 6.72%
300 Byram Boulevard Martinsville, IN Welcome to 300 Byram Blvd in Martinsville.. where character, space, and thoughtful updates...	4 beds \| 3 baths \| 1,856 sq.ft.	$384,990	Airbnb cash on cash: N/A Traditional cash on cash: 4.73% Airbnb Rental Income: $null Traditional Rental Income: $2294 Airbnb ROI: N/A Traditional ROI: 4.73%
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: -0.46% Traditional cash on cash: 3.14% Airbnb Rental Income: $513 Traditional Rental Income: $1068 Airbnb ROI: -0.46% Traditional ROI: 3.14%
450 Jones Place Martinsville, IN OPEN HOUSE THURSDAY, MAY 7TH 5-7PM - Custom brick estate on 2.39 private acres with privat...	4 beds \| 4 baths \| 4,390 sq.ft.	$785,500	Airbnb cash on cash: N/A Traditional cash on cash: 2.09% Airbnb Rental Income: $null Traditional Rental Income: $2536 Airbnb ROI: N/A Traditional ROI: 2.09%
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.	$599,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.21% Airbnb Rental Income: $null Traditional Rental Income: $1562 Airbnb ROI: N/A Traditional ROI: 1.21%
2941 S Mask Court Martinsville, IN Welcome to your cabin in the woods in the highly sought-after Painted Hills lake community...	3 beds \| 2 baths \| 1,248 sq.ft.	$279,500	Airbnb cash on cash: -1.05% Traditional cash on cash: 3.82% Airbnb Rental Income: $513 Traditional Rental Income: $1522 Airbnb ROI: -1.05% Traditional ROI: 3.82%
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: -1.28% Traditional cash on cash: 6.53% Airbnb Rental Income: $513 Traditional Rental Income: $2263 Airbnb ROI: -1.28% Traditional ROI: 6.53%
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%
6655 Teeters Lane Martinsville, IN Tucked away on a peaceful, tree-lined cul-de-sac in Martinsville, this spacious home on ne...	5 beds \| 1 baths \| 2,640 sq.ft.	$345,500	Airbnb cash on cash: N/A Traditional cash on cash: 3.35% Airbnb Rental Income: $null Traditional Rental Income: $1626 Airbnb ROI: N/A Traditional ROI: 3.35%
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: -1.52% Traditional cash on cash: 1.67% Airbnb Rental Income: $513 Traditional Rental Income: $1701 Airbnb ROI: -1.52% Traditional ROI: 1.67%
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: -1.44% Traditional cash on cash: 4.8% Airbnb Rental Income: $513 Traditional Rental Income: $1453 Airbnb ROI: -1.44% 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: -1% Traditional cash on cash: 2.45% Airbnb Rental Income: $616 Traditional Rental Income: $1456 Airbnb ROI: -1% 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: -1.06% Traditional cash on cash: 7.2% Airbnb Rental Income: $513 Traditional Rental Income: $2378 Airbnb ROI: -1.06% 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.	$685,000	Airbnb cash on cash: -1.41% Traditional cash on cash: 3.05% Airbnb Rental Income: $513 Traditional Rental Income: $3086 Airbnb ROI: -1.41% Traditional ROI: 3.05%
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: -0.22% Traditional cash on cash: 8.96% Airbnb Rental Income: $616 Traditional Rental Income: $2110 Airbnb ROI: -0.22% Traditional ROI: 8.96%
4194 E West Point Court Martinsville, IN This lakefront stone ranch presents an incredible opportunity to enjoy life in a private l...	3 beds \| 3 baths \| 2,296 sq.ft.	$450,000	Airbnb cash on cash: -1.24% Traditional cash on cash: 5.07% Airbnb Rental Income: $513 Traditional Rental Income: $2897 Airbnb ROI: -1.24% Traditional ROI: 5.07%
8548 N Observatory Lane Martinsville, IN Tucked away down a private lane behind the renowned Link Observatory, this extraordinary l...	3 beds \| 2 baths \| 3,778 sq.ft.	$950,000	Airbnb cash on cash: -0.95% Traditional cash on cash: 1.36% Airbnb Rental Income: $513 Traditional Rental Income: $2275 Airbnb ROI: -0.95% Traditional ROI: 1.36%
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.	$519,999	Airbnb cash on cash: N/A Traditional cash on cash: 2.85% Airbnb Rental Income: $null Traditional Rental Income: $2373 Airbnb ROI: N/A Traditional ROI: 2.85%
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%
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.	$900,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.87% Airbnb Rental Income: $null Traditional Rental Income: $3672 Airbnb ROI: N/A Traditional ROI: 2.87%
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.	$445,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.93% Airbnb Rental Income: $null Traditional Rental Income: $2685 Airbnb ROI: N/A Traditional ROI: 4.93%
1859 White Oak Lane E Martinsville, IN Welcome to lakefront living at its finest! Step into serenity with this lakefront home bo...	4 beds \| 3 baths \| 3,207 sq.ft.	$525,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.89% Airbnb Rental Income: $null Traditional Rental Income: $3120 Airbnb ROI: N/A Traditional ROI: 4.89%
8165 Cindy Cir Martinsville, IN 8165 Cindy Cir, Martinsville, IN 46151 \| Single Family Residential	5 beds \| 3 baths \| 3,232 sq.ft.	$627,100	Airbnb cash on cash: N/A Traditional cash on cash: 2.12% Airbnb Rental Income: $null Traditional Rental Income: $2411 Airbnb ROI: N/A Traditional ROI: 2.12%

Real Estate investment in Martinsville, IN

There are 80 properties for sale in the city of Martinsville . The median list price in Martinsville is $199,900 and the average price per square foot is $103. In May 2026, the average monthly cash on cash return in Martinsville is 4.00%. The average monthly rental income in Martinsville is $1,578.

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

There are 80 investment properties available for sale in Martinsville.

In 2026, the best neighborhood to buy investment property is Martinsville.

The ROI for Long-Term is higher than the Short-Term in Martinsville with average rental income of $1,578.

Your search for investment property begins and ends here

Investment Property for Sale in Martinsville, IN

459 E Morgan Street

Martinsville, IN

4 beds | 2 baths | 3,160 sq.ft.

$305,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.65%

Airbnb Rental Income: $null

Traditional Rental Income: $2459

Airbnb ROI: N/A

Traditional ROI: 6.65%

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%

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: 5.12%

Airbnb Rental Income: $null

Traditional Rental Income: $2705

Airbnb ROI: N/A

Traditional ROI: 5.12%

509 Anel Drive

Martinsville, IN

3 beds | 1 baths | 1,066 sq.ft.

$225,000

Airbnb cash on cash: -0.52%

Traditional cash on cash: 4.67%

Airbnb Rental Income: $513

Traditional Rental Income: $1343

Airbnb ROI: -0.52%

Traditional ROI: 4.67%

389 E Morris Street

Martinsville, IN

2 beds | 2 baths | 960 sq.ft.

$240,000

Airbnb cash on cash: -0.62%

Traditional cash on cash: 3.67%

Airbnb Rental Income: $616

Traditional Rental Income: $1299

Airbnb ROI: -0.62%

Traditional ROI: 3.67%

8625 Edith Street

Martinsville, IN

3 beds | 2 baths | 1,053 sq.ft.

$234,900

Airbnb cash on cash: -0.53%

Traditional cash on cash: 5.01%

Airbnb Rental Income: $513

Traditional Rental Income: $1469

Airbnb ROI: -0.53%

Traditional ROI: 5.01%

9033 W Koger Lane

Martinsville, IN

4 beds | 3 baths | 1,921 sq.ft.

$550,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.34%

Airbnb Rental Income: $null

Traditional Rental Income: $2503

Airbnb ROI: N/A

Traditional ROI: 3.34%

1647 S Plateau Circle

Martinsville, IN

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

$494,900

Airbnb cash on cash: -1.04%

Traditional cash on cash: 4.14%

Airbnb Rental Income: $513

Traditional Rental Income: $2636

Airbnb ROI: -1.04%