60-90 W Harrison St - Apartments FOR SALE


Martinsville, IN 46151
$495,000 USD
812-330-7568
60-90 W Harrison St, Martinsville, IN for Sale
$495,000 USD
Apartments - FOR SALE
1/11
null | Request Cap Rate

60-90 W Harrison St
Martinsville, IN 46151


OVERVIEW

60 & 90 W. Harrison Street present an opportunity to acquire two adjacent four-unit apartment buildings in Martinsville, Indiana. The portfolio contains eight approximately 700-square-foot, two-bedroom/one-bath units, offering an efficient and highly marketable unit mix within a single contiguous investment. Five units have been renovated within the past three years, with an additional unit currently undergoing renovation. As of August 12, 2026, six units were occupied, one was vacant with a prospective tenant in the approval process, and one was being renovated. Residents are responsible for their individual electricity and water expenses, helping limit the owner’s utility exposure. Apartment 1 features central air conditioning, while the remaining units utilize electric heat and wall-mounted air-conditioning units. The adjacent-building configuration offers straightforward management and operational efficiency across the eight-unit portfolio.

FOR SALE DETAILS

PRICE

$495,000 USD

PRICE/SF

$51 USD /SF

# OF UNITS

8

PRICE/UNIT

$61,875

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

-

APN/PARCEL ID

55-09-33-379-002.000-021,55-09-33-379-003.000-021,55-09-33-452-010.000-021

ASK ABOUT THIS PROPERTY

Chris CockerhamF.C. Tucker/Bloomington RealtorsMore Info
812-330-7568

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Chris CockerhamF.C. Tucker/Bloomington RealtorsMore Info
812-330-7568

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.