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🏡 Martinsville Flip with Strong Upside 🚀 – 660 S Cherry St, Martinsville, IN 46151 For Sale

  • $90,000
  • 2 beds
  • 1 baths
  • 1412 sqft

Strong value-add opportunity in the JM Mitchell area with solid square footage and upside supported by nearby sales 📈

This 1940-built single-family home features 2 bedrooms, 1 bath, and 1,412 sq ft, along with a 1-car attached garage — offering more space than many comparable homes in this price range.

📈 Nearby homes have sold from $135K up to $200K+, supporting strong resale potential.

Property Condition: Fair — full cosmetic renovation needed.

🔧 Mechanics:

  • Furnace — 5 years old 🔥
  • A/C — 5 years old ❄️
  • Roof — 10+ years old 🏠
  • Water Heater — 10+ years 🚿
  • Wood windows 🪟
  • Crawl space foundation

🚗 1-car attached garage
🌳 8,756 sq ft lot
🔌 Utilities: Duke Electric, Martinsville Water/Sewer, CenterPoint Gas

With larger square footage, solid mechanicals, and a strong ARV spread, this property presents a great opportunity for investors looking to take on a full renovation and maximize returns 🔑💸

📊 Recent Neighborhood Comps:
640 S Sycamore St, 2/1, 720 sf, as is, 1 DOM, SOLD $135k.
636 Mallards x-ing, 2/2, 1579 sf, cash, 104 DOM, SOLD $198k.
739 S Harriet St, 3/1, 950 sf, 3 DOM, $205k.
309 Garfield Ave, 2/2, 969 sf, cash, 34 DOM, SOLD $253k.

Please do not disturb the occupants. Contact us for access details.All of our properties are sold “AS IS, WHERE IS” and buyer is responsible for their own due diligence before purchase. Our properties sell quickly to our highest and best offer. We require a signed purchase agreement and $5000 non-refundable earnest money upon acceptance to lock up the deal. This house is being offered for all cash. Also, it is our company policy that the buyer pays for all closing costs including title insurance fee, and assumes taxes due in November or May of this year. All information provided has been gathered to the best of our knowledge. However, we make no representations of any kind and buyer is responsible for conducting their own research before submitting an offer. If you are interested in viewing this property, please respond to this email or contact me at 317-653-6245.

Realtors, we love working with you, please add your fee on top of our price.

Price:
$90,000
Address:
660 S Cherry St
Martinsville, Indiana 46151
Square Feet:
1412
Lot Size:
8756
Bedrooms:
2
Bathrooms:
1
Terms:
For Sale
Property Type:
Home
Year Built:
1940

Call 317.653.6245 for more details

Property Location