Shelbyville, IN Apartment buildings for sale

$299,999

0.19 Acres

Five-Unit Apartment Building

617 W Franklin Street, Shelbyville, IN 46176

Five-unit building with four 1-bedroom units and one studio, with tenant parking access off an alley.

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 9 Potential Opportunities for your consideration. Besides 1 Active listings in Shelbyville, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

$287,500

6,582 SF

Six-Unit Property Near Garfield Park

Development opportunity in revitalizing Garfield Park neighborhood.

2605 Shelby Street, Indianapolis, IN 46203

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Indianapolis Multi-Family Investment Opportunity

$865,000

5,376 SF

Indianapolis Multi-Family Investment Opportunity

10-unit SRO property with income potential in Indianapolis, IN.

3712 E Washington Street, Indianapolis, IN 46201

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$389,900

3,702 SF

Multi-Family Investment Property

Five-unit income property near downtown Columbus, Indiana.

1105 17th Street, Columbus, IN 47201

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Columbus Development Opportunity: 11.53 Acres

$785,000

1,182 SF

Columbus Development Opportunity: 11.53 Acres

11.53 acres in prime Columbus location, ideal for development.

4400 W 25 S, Columbus, IN 47201

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

$2,500,000

5.94 Acres

Asheville Development Opportunity: 5.94 Acres

5.94-acre parcel zoned RM6, ideal for multi-family development.

215 N Bear Creek Road, Asheville, NC 28806

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$699,900

1.33 Acres

Greenville Development Opportunity: 1.33 Acres

1.33 acre parcel suitable for multi-family development near downtown.

71 Salters Road, Greenville, SC 29607

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Multifamily Development Opportunity in Charlotte

$559,700

0.47 Acres

Multifamily Development Opportunity in Charlotte

Prime 0.47-acre parcel zoned for multifamily development near UNC Charlotte.

4312 Tantilla Circle, Charlotte, NC 28215

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$650,000

3.70 Acres

Land Near Shepherd University

Prime land near Shepherd University with development potential.

8285 MARTINSBURG Pike, Shepherdstown, WV 25443

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Shelbyville, IN Apartment Buildings Investment Opportunities Market Analysis

Explore 1 apartment buildings for sale in Shelbyville, IN on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $299,999.

Sale prices for two-family homes in Shelbyville, IN start at $299,999, averaging $299,999, and reaching up to $299,999 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
46176	$324.9K

Neighborhood

Average Price

46176

$324.9K

Shelbyville, IN Apartment Buildings for Sale

617 W Franklin Street, Shelbyville, IN 46176