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    Shelbyville, 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 6 Potential Opportunities for your consideration. Besides 2 Active listings in Shelbyville, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Explore Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Private Condo in Huntington Heights
    $75,000

    Private Condo in Huntington Heights

    Two-bedroom condo with updates and community pool.

    10231 Penrith Dr, Indianapolis, IN 46229
    View details
    Irvington Multifamily Investment Opportunity
    $415,000
    0.25 Acres

    Irvington Multifamily Investment Opportunity

    Five-unit property in Irvington with remodeled units and upside potential.

    5334 E Washington St, Indianapolis, IN 46219
    View details
    Anderson Multifamily Investment Opportunity
    $1,999,995
    17,274 SF

    Anderson Multifamily Investment Opportunity

    Portfolio of 10 condominiums near Anderson University.

    714 College Dr, Anderson, IN 46012
    View details
    Anderson Multifamily Investment Opportunity
    $1,790,000
    17,274 SF

    Anderson Multifamily Investment Opportunity

    Portfolio of 10 condominiums near Anderson University with strong income.

    1002 E 7Th St, Anderson, IN 46012
    View details

    Shelbyville, IN Apartment Buildings Investment Opportunities Market Analysis

    Explore 2 apartment buildings for sale in Shelbyville, 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 Shelbyville, 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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