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Shelbyville, TN

Apartment Building

Shelbyville, TN Apartment Buildings for Sale

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Wartrace, TN Bell Buckle, TN Lewisburg, TN Unionville, TN Petersburg, TN Normandy, TN Chapel Hill, TN Lynchburg, TN

Shelbyville Multifamily Investment Opportunity

Updated: Apr 21

Shelbyville Multifamily Investment Opportunity

419 Belmont Ave, Shelbyville, TN 37160

$499,900

3,359 sqft

Strong rental appeal due to location and walkability in an established residential area near historic downtown Shelbyville.
Immediate value‑add potential with two vacant units and projected rent increases (2BR ~$950, 1BR ~$850).
5‑unit brick apartment building with a mix of unit types (two 2BR/1BA, two 1BR/1BA, one Studio).
Recent improvements include roof, kitchen/bath updates, new foundation drainage system, and main sewer line replacement (within ~4‑5 years).
Unit 5 (Studio) currently rents at $650/month, providing immediate income.

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 37 Potential Opportunities for your consideration. Besides 1 Active listings in Shelbyville, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 28 Off-Market properties to explore as potential leads, 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.

Two-Story 3BR/2BA Townhomes

Two-Story 3BR/2BA Townhomes

740 Kings Lane, Tullahoma, TN 37388

$2,940,000

15,820 sqft

Two-story townhome units feature luxury vinyl plank flooring, custom cabinets, and Whirlpool stainless appliances with washer/dryer included.

Tullahoma Townhome Community For Sale

Tullahoma Townhome Community For Sale

156 Silver St, Tullahoma, TN 37388

$2,550,000

18,480 sqft 1.19 AC lot

Class A, 16-unit townhome community built in 2018.

7-Unit Apartment Building

7-Unit Apartment Building

206 Edison Street West, Fayetteville, TN 37334

Contact for pricing

6,500 sqft

Seven-unit apartment building currently generating stable rental income in Fayetteville, Tennessee.

Value-Add Multifamily Apartment Building

Value-Add Multifamily Apartment Building

201 William D Jones Blvd, Fayetteville, TN 37334

$600,000

Multifamily property with all 2 bed, 1 bath units, utility-ready infrastructure, and an on-site laundry facility.

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.

Asheville Development Opportunity: 5.94 Acres

Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000

5.94 AC lot

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

Greenville Development Opportunity: 1.33 Acres

Greenville Development Opportunity: 1.33 Acres

71 Salters Road, Greenville, SC 29607

$699,900

1.33 AC lot

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

Ocean Springs Highway 90 Land

Ocean Springs Highway 90 Land

Bienville Blvd, Ocean Springs, MS 39564

$675,000

143,748 sqft 3.30 AC lot

3.3 acre commercial land on Highway 90, Ocean Springs.

Retail-Zoned Development Land Opportunity

Retail-Zoned Development Land Opportunity

N West Bypass, Springfield, MO 65802

$2,850,000

29.20 AC lot

29.2-acre site with retail zoning and conditional overlay, approved for 352 apartments and multiple residential lot configurations.

Off-Market Properties in Shelbyville, TN

Consider similar Off-Market properties in Shelbyville, TN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

APARTMENT HOUSE (UNDER 5 UNITS)

120 Bethany Ln, Shelbyville, TN 37160-4141

$2,400,000

Estimated value

4,992 sqft 5.34 AC lot

APARTMENT HOUSE (UNDER 5 UNITS)

260 Anthony Ln, Shelbyville, TN 37160-9417

$2,885,000

Estimated value

30,888 sqft 5.08 AC lot

507 Cannon Blvd

APARTMENT HOUSE (UNDER 5 UNITS)

507 Cannon Blvd, Shelbyville, TN 37160-3896

$1,150,000

Estimated value

6,944 sqft 0.67 AC lot

APARTMENT HOUSE (UNDER 5 UNITS)

Belmont Ave, Shelbyville, TN 37160

$3,565,000

Estimated value

5,984 sqft 3.46 AC lot

714 Neely Ave, Unit 704

APARTMENT HOUSE (UNDER 5 UNITS)

714 Neely Ave, Shelbyville, TN 37160-4229

Unit 704

$630,000

Estimated value

7,320 sqft 1.20 AC lot

400 Barksdale Ln

APARTMENT HOUSE (UNDER 5 UNITS)

400 Barksdale Ln, Shelbyville, TN 37160-3633

$4,110,000

Estimated value

10,584 sqft 7.46 AC lot

APARTMENT HOUSE (UNDER 5 UNITS)

300 Neely Ave, Shelbyville, TN 37160-4231

$3,690,000

Estimated value

5,048 sqft 10.00 AC lot

APARTMENT HOUSE (UNDER 5 UNITS)

609 Landers St, Shelbyville, TN 37160-4561

$3,165,000

Estimated value

3,648 sqft 4.59 AC lot

450 Fairground Hts

APARTMENT HOUSE (UNDER 5 UNITS)

450 Fairground Hts, Shelbyville, TN 37160-4137

$725,000

Estimated value

6,696 sqft 0.61 AC lot

APARTMENT HOUSE (UNDER 5 UNITS)

220 Anthony Ln, Shelbyville, TN 37160-9413

$995,000

Estimated value

5,075 sqft 2.88 AC lot

APARTMENT HOUSE (UNDER 5 UNITS)

1601 Grn Ln, Shelbyville, TN 37160-2365

$1,160,000

Estimated value

7,728 sqft 9.00 AC lot

1827 Cannon Blvd

APARTMENT HOUSE (UNDER 5 UNITS)

1827 Cannon Blvd, Shelbyville, TN 37160-4822

Value Estimation by Request

7,646 sqft 1.00 AC lot

APARTMENT HOUSE (UNDER 5 UNITS)

1304 Un St, Shelbyville, TN 37160-2132

$625,000

Estimated value

12,748 sqft 5.33 AC lot

Cedar Glade Cir

APARTMENT HOUSE (UNDER 5 UNITS)

Cedar Glade Cir, Shelbyville, TN 37160

$1,635,000

Estimated value

26,422 sqft 7.51 AC lot

APARTMENT HOUSE (UNDER 5 UNITS)

122 Bethany Ln, Shelbyville, TN 37160-4139

Value Estimation by Request

4,992 sqft 1.00 AC lot

311 Vine St, Unit 301

APARTMENT HOUSE (UNDER 5 UNITS)

311 Vine St, Shelbyville, TN 37160-2620

Unit 301

Value Estimation by Request

4,224 sqft 0.35 AC lot

313 Colloredo Blvd

APARTMENT HOUSE (UNDER 5 UNITS)

313 Colloredo Blvd, Shelbyville, TN 37160-2765

Value Estimation by Request

3,918 sqft 0.49 AC lot

317 Colloredo Blvd

APARTMENT HOUSE (UNDER 5 UNITS)

317 Colloredo Blvd, Shelbyville, TN 37160-2765

Value Estimation by Request

1,760 sqft 2.28 AC lot

APARTMENT HOUSE (UNDER 5 UNITS)

125 Sunlite Rd, Shelbyville, TN 37160-3500

$1,380,000

Estimated value

11,172 sqft 5.00 AC lot

712 Hillcrest Dr

APARTMENT HOUSE (UNDER 5 UNITS)

712 Hillcrest Dr, Shelbyville, TN 37160-4222

Value Estimation by Request

4,900 sqft 1.73 AC lot

505 Cannon Blvd

APARTMENT HOUSE (UNDER 5 UNITS)

505 Cannon Blvd, Shelbyville, TN 37160-3972

Value Estimation by Request

5,395 sqft 0.34 AC lot

APARTMENT HOUSE (UNDER 5 UNITS)

503 White St, Shelbyville, TN 37160-4559

Value Estimation by Request

8,545 sqft 0.59 AC lot

APARTMENT HOUSE (UNDER 5 UNITS)

Hwy 231-s, Shelbyville, TN 37160

Value Estimation by Request

1,126 sqft 0.38 AC lot

Shelbyville, TN Apartment Buildings Market Trends and Statistics

Explore 29 apartment buildings for sale in Shelbyville, TN on our real estate platform. These investment opportunities span a total of 3,359 square feet of properties for sale, with an estimated market value of $499,900.

Sale prices for two-family homes in Shelbyville, TN average $499,900 — 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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Demographics Overview

Population 36K

Population Growth (5Y) +7.4%

Median Household Income $58,899

College Educated 7.1%

High-Yield Neighborhoods for Investment

Identify Shelbyville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
37160	$525K

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