Duplex

Shelbyville, IN Duplexes for Sale

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Duplex with Separate Living Areas
Updated: Aug 19
Duplex with Separate Living Areas

219 W Locust Street, Shelbyville, IN 46176

$148,000
0.13 AC lot
Two‑bedroom/one‑bath unit plus separate one‑bedroom/one‑bath unit
Smaller unit remodeled 4 years ago and currently tenant occupied
New carpet, paint, and appliances in the two‑bedroom unit
Two furnaces and two water heaters
Off‑street parking and spacious back patio
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Triplex Under Rehabilitation
Updated: Dec 5, 2025
Triplex Under Rehabilitation

720 S Noble St, Shelbyville, IN 46176

$105,000
Triplex property at 720 S Noble St, Shelbyville, IN
Currently in the demo phase of rehabilitation
Most demolition work has been completed
Newer roof and newer HVAC system
Many new windows installed
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
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

Opportunities in Nearby Cities

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

Ranch Duplex with Attached Garages
Ranch Duplex with Attached Garages

1029/1033 Wild Ivy Trail, Franklin, IN 46131

$350,000
0.21 AC lot

Two residential units provide single-story layouts with dedicated attached garage access for occupants.

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Furnished Duplex
Furnished Duplex

600 N Grant Street, Edinburgh, IN 46124

$299,900
0.16 AC lot

Each unit includes two bedrooms and one bathroom, with one furnished and the other leased month to month.

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Two-Building Duplex Property
Two-Building Duplex Property

606 N Grant Street, Edinburgh, IN 46124

$499,900
0.20 AC lot

Four residential units offer a mix of open living areas, private bedrooms, and dedicated laundry space.

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Mixed-Use Building with Storefronts
Mixed-Use Building with Storefronts

71 E Jefferson Street, Franklin, IN 46131

Contact for pricing

Fully rented property combining street-level storefronts with residential apartments.

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Shelbyville, IN Duplexes Market Trends and Statistics

Explore 2 duplexes for sale in Shelbyville, IN on our real estate platform.

Sale prices for duplexes in Shelbyville, IN start at $105,000, averaging $126,500, and reaching up to $148,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 2
Apartment buildings 1
Triplexes 1

Demographics Overview

Population 29K
Population Growth (5Y) +3.5%
Median Household Income $66,045
College Educated 25.8%

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
46176 $126.5K

Taxes & Financing

Tax Rate (average for all types) 2.29%
Property Tax per SF $38.44 per SF
Tax Rate vs County Average 0.06 pp above county avg
Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Shelbyville fall within the 10,000 to 25,000 square foot range.

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