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Shelby County, IN Apartment Buildings for Sale

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Shelbyville Quadruplex: Investor Opportunity
$324,900
0.09 Acres

Shelbyville Quadruplex: Investor Opportunity

106-108 W Pennsylvania St, Shelbyville, IN 46176

Stabilized, low-maintenance quadplex near downtown Shelbyville with high rental income.

  • 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: Jan 11
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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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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 $649,800.

Prices for two-family homes in Shelby County, IN start at $324,900, averaging $324,900, and reaching up to $324,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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