Duplex with Separate Living
New
For Sale
$148,000
219 W Locust Street, Shelbyville, IN 46176
Residential Income, Shelbyville, IN
Property SizeContact for details
Lot Size0.13 Acres
Days on Market4
Property Features for 219 W Locust Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Subdivision
No Subdivision
Middle school
Shelbyville Middle School
High school
Shelbyville Sr High School
Elementary school district
Shelbyville Central Schools
Middle school district
Shelbyville Central Schools
High school district
Shelbyville Central Schools
Directions
GPS Friendly
Standard status
Active
APN
731105300005000002
Lot size
0.13 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Rc Locust Esd Lt12
Legal Description
Rc Locust Esd Lt12
Utilities
Heating system
Forced Air
Amenities
back patio
Building Details
Year built
1940
Floors in Building
1
Number of units
2
Listing Agency:
Hoosier, REALTORS(R)
(317) 421-4663
Listed By:
Penny Akers · License #RB14037935
(317) 407-6608
Added: Aug 19
Changed: Aug 20
Last Checked: Aug 22 at 8:06AM
MLS# 22121255
Copyright © 2026 MIBOR Service Corporation. 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 1940 residential duplex is configured with a two-bedroom, one-bath side and a separate one-bedroom, one-bath side. The smaller unit is tenant occupied and was remodeled 4 years ago, while the larger side includes new carpet, paint, and appliances. Replacement windows, PEX plumbing, and two furnaces and water heaters serve the property. Central air is present on the two-bedroom side, although the AC is currently not working.
Exterior features include off-street parking and a spacious back patio. The property is near downtown Shelbyville and is being sold as-is. The current double configuration could be converted back to a single-family home, subject to the applicable requirements.
Exterior features include off-street parking and a spacious back patio. The property is near downtown Shelbyville and is being sold as-is. The current double configuration could be converted back to a single-family home, subject to the applicable requirements.
Key Highlights
- 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
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
802
Businesses Nearby
Explore this area
Business Placement
Demographics for 46176, IN
28,401
Population
12,724
Households
2.2
Avg Household Size
40
Median Age
19%
College-Educated
90%
High-School Grad
169.5 sq mi
ZIP Area
168
Density / Sq Mi
$66,045
Median Household Income
$40,330
Median Earnings
$962
Median Rent
$172,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential property with off-street parking, a rear patio, and updated features in one unit.
Where is this duplex located?
The property is located at 219 W Locust Street Shelbyville, IN.
What is the asking price?
The asking price for this property is $148,000.
What are key features of this property?
This property features: 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
