259 S Marion Street

Martinsville, IN 46151

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.

Listing courtesy of Keller Williams Indpls Metro N (317) 647-5559



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Based on information submitted to the MLS GRID as of 2026-03-07 03:12 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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