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Duplex Investment Opportunity

328 E Mechanic Street Shelbyville, IN 46176

328 E Mechanic Street, Shelbyville, IN, 46176
$120,000
Pending
For Sale
$120,000
Pending

MULTI_FAMILY - Shelbyville, IN

Property Size2,240 SF
Lot Size0.14 Acres
Days on Market92

Property Features for 328 E Mechanic Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Rooms
Bedroom 4, Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 1, Bedroom 3
Standard status
Pending
APN
73-07-32-400-044.000-002
Size
2,240 SF
Lot size
0.14 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
R&MCF MECH LT1 BLK3

Building Details

Year built
1910
Floors in Building
2
Number of units
2
Architectural style
Other
Listing Agency Keller Williams - Indy Metro South LLC
48 N Emerson Ave Ste 300, Greenwood, IN
Listed by Chris Price · License #RB12050267
Added: Apr 17 Checked: Jul 17 at 1:06 pm
MLS# 202613625

Copyright © 2026 Indiana Uplands Realtor® Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This property is a duplex in Shelbyville, Indiana, offering a two-unit residential layout totaling 2,240 square feet. It sits on a 0.14-acre lot and is being offered for sale. The listing highlights the home’s distinctive character, positioning the duplex as a versatile option for buyers seeking residential income property or a multi-unit setup for hands-on living.

Located at 328 E Mechanic Street in Shelby County, the property is within the Shelbyville market area. The available information describes the home and lot size, but does not provide details on frontage, specific streetscape conditions, or nearby commercial anchors.

For tenants or owner-occupants, a duplex configuration can support flexible occupancy and practical household budgeting by separating living areas into distinct units. For investors, the key takeaway is the duplex structure itself, providing two separate dwelling units within one purchase. Buyers who prefer a hands-on residential property may find the layout aligns with an owner’s ability to manage and maintain a small two-unit asset, while also retaining the option to occupy one unit and rent the other, depending on their goals.

Key Highlights

  • Expansive duplex on a generous lot
  • Built in 1910
  • Includes 4 bedrooms and 2 bathrooms

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Parking Lot & Garage (Bike/Boat/Book/etc) Store Barber Shop Locksmith Carpet & Flooring Store Butcher Bakery (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Veterinary Clinic

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Duplex with two dwelling units on a compact lot, offering flexibility for rental or owner-occupied arrangements.
Where is this duplex located?
The property is located at 328 E Mechanic Street Shelbyville, IN.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: Expansive duplex on a generous lot; Built in 1910; Includes 4 bedrooms and 2 bathrooms
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More about this property
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