Shelbyville, IN Multifamily properties for sale

Shelbyville Investment Property: Five Units

$324,900

0.19 Acres

Shelbyville Investment Property: Five Units

617 W Franklin Street, 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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Shelbyville Triplex Investment Opportunity

$110,000

2,199 SF

Shelbyville Triplex Investment Opportunity

110 E South Street, Shelbyville, IN 46176

Triplex in Shelbyville, great for investors or homeowners.

Triplex: Ideal for investors or homeowners seeking rental income.
Generous Lot: Offers potential for outdoor enjoyment and landscaping.
Covered Porch: Provides an inviting entry.
Advantageous Location: Situated in a pleasant residential area.
Multiple Bedrooms: Includes 4 bedrooms across the units.

Updated: Apr 17

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Shelbyville Quadruplex Investment Opportunity

$299,900

0.09 Acres

Shelbyville Quadruplex Investment Opportunity

Quadruplex near downtown Shelbyville with stable tenants and low maintenance.

106-108 W Pennsylvania Street, Shelbyville, IN 46176

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$110,000

0.16 Acres

Shelbyville Triplex: Investment Opportunity

Triplex in Shelbyville, Indiana, ideal for investors or homeowners.

110 E South Street, Shelbyville, IN 46176

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$120,000

0.14 Acres

Shelbyville Duplex on Generous Lot

Duplex on a generous lot, great for investors.

328 E Mechanic Street, Shelbyville, IN 46176

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$120,000

2,240 SF

Shelbyville Duplex on Mechanic Street

Duplex on a generous lot, great for investors.

328 E Mechanic Street, Shelbyville, IN 46176

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Explore Opportunities in Nearby Cities

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

$595,000

1.10 Acres

Updated Duplex on Large Lot

Turnkey duplex with income potential on 1.1 acres.

7918 E 10th Street, Indianapolis, IN 46219

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Indianapolis Duplex with Rental Potential

$209,900

0.16 Acres

Indianapolis Duplex with Rental Potential

Well-maintained duplex in Indianapolis, ideal for investors or owner-occupants.

3302 Alice Avenue, Indianapolis, IN 46237

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Contact for pricing

Accolade Apartments: Greenfield Multifamily Community

240-unit apartment community with modern features and abundant amenities.

Opportunity Pkwy, Greenfield, IN 46140

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$3,990,000

10,608 SF

Mixed-Use Portfolio on US Highway

Mixed-use portfolio on 11.06 acres along US Highway 40.

7183 W US Hwy 40, Greenfield, IN 46140

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

$34,900

0.59 Acres

Residential Land in Aurora, Indiana

Over 1/2 acre residential land with city utilities.

12124 Stewart Street lot: 4, Aurora, IN 47001

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$345,500

2.27 Acres

Prime Land Off US HWY

2.27 acres with excellent visibility and easy access.

Briar Creek lot: #1, Lawrenceburg, KY 40342

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Radcliff Residential Development Opportunity

$119,900

2.12 Acres

Radcliff Residential Development Opportunity

Residential lots suitable for building homes or mobile homes.

Lots 1-6 Millcreek Road, Radcliff, KY 40160

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$182,000

0.83 Acres

Grove City Land Opportunity

Land available in Grove City, suitable for residential or commercial.

2120 Edwards Road, Grove City, OH 43123

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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.

911 Hale Rd

MOBILE HOME PARK, TRAILER PARK • 2,400 SF

Value Estimation by Request

911 Hale Rd, Shelbyville, IN 46176-2383

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596 Chestnut St

MOBILE HOME PARK, TRAILER PARK • 9.09 Acres

Value Estimation

$1,350,000

596 Chestnut St, Shelbyville, IN 46176-2294

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Heartland Dr

MOBILE HOME PARK, TRAILER PARK • 4.83 Acres

Value Estimation by Request

Heartland Dr, Shelbyville, IN 46176

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Heartland Dr

MOBILE HOME PARK, TRAILER PARK • 4.60 Acres

Value Estimation by Request

Heartland Dr, Shelbyville, IN 46176

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Heartland Dr

MOBILE HOME PARK, TRAILER PARK • 2.68 Acres

Value Estimation by Request

Heartland Dr, Shelbyville, IN 46176

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1203 State Rd 44

MOBILE HOME PARK, TRAILER PARK • 3.50 Acres

Value Estimation by Request

1203 State Rd 44, Shelbyville, IN 46176-1782

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Shelbyville, IN Multifamily Properties Investment Opportunities Market Analysis

Explore 12 multifamily properties for sale in Shelbyville, IN, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 961,805 square feet of properties for sale, with an estimated market value of $3,084,800.

Sale prices for multifamily properties in Shelbyville, IN start at $110,000, averaging $308,480, and reaching up to $1,350,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Shelbyville, IN Multifamily Properties for Sale

Shelbyville Investment Property: Five Units

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

Shelbyville Triplex Investment Opportunity

Triplex in Shelbyville, great for investors or homeowners.

Shelbyville Quadruplex Investment Opportunity