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    Shelby County, IN Apartment Buildings for Sale

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    Shelbyville Investment Property: Five Units
    $324,900
    0.19 Acres

    Shelbyville Investment Property: Five Units

    617 W Franklin St, Shelbyville, IN 46176

    Five-unit investment property in Shelbyville's historic West Side neighborhood.

    • High income potential: Generates almost $50,000 in annual rent revenues.
    • Multi‑unit investment: Features five units (four 1‑bedroom and one studio) in one property.
    • Infrastructural improvements have already been completed.
    • Convenient parking located on a corner with alley access.
    • Situated in the historic West Side of the booming Shelbyville Community.
    Updated: Jan 6
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    Shelbyville Quadruplex Investment Opportunity
    $299,900
    0.09 Acres

    Shelbyville Quadruplex Investment Opportunity

    106-108 W Pennsylvania St, Shelbyville, IN 46176

    Quadruplex near downtown Shelbyville with stable tenants and low maintenance.

    • High annual rental income of $52,250.
    • Five apartments (three 1/1, one studio, one 2/1) provide diversified income streams.
    • Low‑maintenance metal exterior and baseboard heat system.
    • Recent light rehab with new flooring and paint.
    • Stabilized with new tenants.
    Updated: Feb 3
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    Based on your search, we've compiled 2 Potential Opportunities for your consideration. Besides 2 Active listings in Shelby County, IN, we suggest exploring several alternatives:

    Shelby County, IN Apartment Buildings Investment Opportunities Market Analysis

    Explore 2 apartment buildings for sale in Shelby County, IN on our real estate platform. These investment opportunities span a total of 12,197 square feet of properties for sale, with an estimated market value of $624,800.

    Sale prices for two-family homes in Shelby County, IN start at $299,900, averaging $312,400, and reaching up to $324,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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