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Historic Duplex
For Sale
$120,000
Pending

328 E Mechanic Street, Shelbyville, IN 46176

MULTI_FAMILY - Shelbyville, IN

Property Size2,240 SF
Lot Size0.14 Acres
Days on Market117

Property Features for 328 E Mechanic Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 4, Bedroom 3, Bedroom 1
Lot features Level
Elementary school Coulston
Middle school Shelbyville
High school Shelbyville
Elementary school district Shelbyville Central Schools
Middle school district Shelbyville Central Schools
High school district Shelbyville Central Schools
Directions GPS Friendly
Subdivision Shelby County
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
Legal 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
Listed By: Chris Price · License #RB12050267
Added: Apr 17 Changed: Aug 2 Last Checked: Aug 11 at 11:06AM
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.

328 E Mechanic Street is a distinctive duplex built in 1910, offering a total of 2,240 square feet on a 0.14-acre lot. The layout includes four bedrooms and two bathrooms, providing flexible space for a variety of residential setups.

The property is located in Shelbyville, Indiana, in Shelby County, at 328 E Mechanic Street (46176-1628).

Key Highlights

  • Duplex built in 1910
  • 2,240 SF total building area
  • 0.14‑acre lot

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Barber Shop Locksmith Carpet & Flooring Store Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

780
Businesses Nearby

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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Duplex with four bedrooms and two bathrooms, built in 1910.
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: Duplex built in 1910; 2,240 SF total building area; 0.14‑acre lot
More about this property
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