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    Shelbyville, IN Multifamily Properties for Sale

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    Shelbyville Quadruplex: Investor Opportunity
    $324,900
    0.09 Acres

    Shelbyville Quadruplex: Investor Opportunity

    106-108 W Pennsylvania St, Shelbyville, IN 46176

    Stabilized, low-maintenance quadplex near downtown Shelbyville with high rental income.

    • High annual rental income of $52,250.
    • Five apartments (three 1/1, one studio, one 2/1) provide diversified income streams.
    • Low‑maintenance metal exterior and baseboard heat system.
    • Recent light rehab with new flooring and paint.
    • Stabilized with new tenants.
    Updated: Jan 11
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    Shelbyville Investment Property: Five Units
    $324,900
    0.19 Acres

    Shelbyville Investment Property: Five Units

    617 W Franklin St, Shelbyville, IN 46176

    Five-unit investment property in Shelbyville's historic West Side neighborhood.

    • High income potential: Generates almost $50,000 in annual rent revenues.
    • Multi‑unit investment: Features five units (four 1‑bedroom and one studio) in one property.
    • Infrastructural improvements have already been completed.
    • Convenient parking located on a corner with alley access.
    • Situated in the historic West Side of the booming Shelbyville Community.
    Updated: Jan 6
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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 2 Active listings in Shelbyville, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 Off-Market properties to explore as potential leads

    Explore Opportunities in Nearby Cities

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

    Greenfield Duplex: Investment Opportunity
    $160,000
    0.14 Acres

    Greenfield Duplex: Investment Opportunity

    Duplex in Greenfield, Indiana, with income potential and renovation opportunity.

    507 S Pennsylvania St, Greenfield, IN 46140
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    Restored Duplex in Greenfield, Indiana
    $359,400
    0.17 Acres

    Restored Duplex in Greenfield, Indiana

    Restored duplex in prime location near downtown Greenfield attractions.

    433 W Main St, Greenfield, IN 46140
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    Greensburg Duplex with Business Potential
    $215,000
    0.15 Acres

    Greensburg Duplex with Business Potential

    Two-unit rental property near downtown Greensburg with business zoning.

    339 E Washington St, Greensburg, IN 47240
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    Greensburg Multi-Family Rental Property
    $215,000
    2,252 SF

    Greensburg Multi-Family Rental Property

    Two-unit rental property near downtown Greensburg with recent updates.

    339 E Washington St, Greensburg, IN 47240
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    Explore Off-Market Properties in Shelbyville, IN

    Consider similar Off-Market properties in Shelbyville, IN. 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.

    1203 State Rd 44

    1203 State Rd 44

    MOBILE HOME PARK, TRAILER PARK • 3.50 Acres
    Value Estimation
    $285,000
    1203 State Rd 44, Shelbyville, IN 46176-1782
    View details
    596 Chestnut St

    596 Chestnut St

    MOBILE HOME PARK, TRAILER PARK • 9.09 Acres
    Value Estimation
    $1,350,000
    596 Chestnut St, Shelbyville, IN 46176-2294
    View details
    911 Hale Rd

    911 Hale Rd

    MOBILE HOME PARK, TRAILER PARK • 2,400 SF
    Value Estimation by Request
    911 Hale Rd, Shelbyville, IN 46176-2383
    View details
    Heartland Dr

    Heartland Dr

    MOBILE HOME PARK, TRAILER PARK • 4.83 Acres
    Value Estimation
    $205,000
    Heartland Dr, Shelbyville, IN 46176
    View details
    Heartland Dr

    Heartland Dr

    MOBILE HOME PARK, TRAILER PARK • 4.60 Acres
    Value Estimation
    $215,000
    Heartland Dr, Shelbyville, IN 46176
    View details
    Heartland Dr

    Heartland Dr

    MOBILE HOME PARK, TRAILER PARK • 2.68 Acres
    Value Estimation
    $230,000
    Heartland Dr, Shelbyville, IN 46176
    View details

    Shelbyville, IN Multifamily Properties Investment Opportunities Market Analysis

    Explore 8 multifamily properties for sale in Shelbyville, IN on our real estate platform. These investment opportunities span a total of 935,669 square feet of properties for sale, with an estimated market value of $2,649,800.

    Prices for multifamily properties in Shelbyville, IN start at $205,000, averaging $441,633, and reaching up to $1,350,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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    Most Searched ZIP Codes in Shelbyville, IN

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