259 S Marion ST Martinsville, IN 46151 Open Sun 1PM-3PM

UPDATED: 03/03/2026 10:01 PM ON MARKET: 1 days on market

$190,000

3 Beds2 Baths2,920 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,920 sqft

Price per Sqft $65

Subdivision No Subdivision

MLS Listing ID 22087031

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 1820

Tax Year 2025

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type Single Family Residence

Property Description

Built in 1820, this property presents a prime value-add opportunity for investors, flippers, or skilled homeowners ready to unlock serious potential. Offering 1,716 square feet, this 3-bedroom, 2-bath home features a strong footprint and functional two-story layout-ideal for renovation, repositioning, or long-term hold strategy. With solid square footage and defined living spaces, there's clear opportunity to modernize, increase value, and maximize ARV through strategic updates. The 6,229 sq ft lot adds further upside with a covered front porch, rear patio, and storage shed-creating opportunity to enhance curb appeal and outdoor living appeal for future resale or tenant demand. Extra Opportunity: Behind the main home, you'll find a detached flex space complete with its own bathroom. Workshop? Home office? Studio? Playroom? Private den? Rental potential? The possibilities are wide open. This additional structure creates flexibility that investors and creative buyers are always looking for-especially in today's work-from-home market. Whether you're planning a cosmetic rehab, full renovation, or portfolio addition, this property offers equity-building potential, flexible space, and multiple exit strategies. Bring your contractor, bring your vision, and unlock the upside.