Shelbyville, IN Multifamily properties for sale

Updated: Apr 17

Duplex Investment Opportunity

328 E Mechanic Street, Shelbyville, IN 46176

$120,000

2,240 sqft 0.14 AC lot

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

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Updated: Jan 6

Five-Unit Apartment Building with Parking

617 W Franklin Street, Shelbyville, IN 46176

$299,999

0.19 AC lot

5‑unit rental property with Four 1‑bedroom units and one studio
Almost $50,000 in annual rent revenue reported
Owner pays all utilities, with tenants reimbursing
Historic West Side property with Colonial architectural style; vinyl siding
Corner location with easy tenant parking via alley

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Duplex Residential Income Property

328-330 W Mechanic Street, Shelbyville, IN 46176

$79,000

0.14 AC lot

Residential duplex for sale, offering flexible living and rental options on a single property.

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Duplex Residential Income Property

106 W Pennsylvania Street, Shelbyville, IN 46176

$324,900

2,610 sqft

For sale duplex in Shelbyville, suited for income-focused buyers seeking a two-unit residential structure.

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Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 4 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, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Four-Unit Residential Income Property

147 E King Street, Franklin, IN 46131

$309,000

0.11 AC lot

Four leased 1-bedroom, 1-bath units in Franklin, Indiana, offering income-oriented residential investment potential.

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Four-Unit Residential Income Property

298 N Water Street, Franklin, IN 46131

$334,000

0.15 AC lot

Fully leased four-unit property with one-bedroom, one-bath units in Franklin, Indiana.

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Two-Duplex Residential Income Property

606 N Grant Street, Edinburgh, IN 46124

$499,900

0.20 AC lot

Four-unit rental property with two duplex buildings, each offering 2-bed, 1-bath units and in-unit laundry.

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Duplex with Two 2-Bed Units

600 N Grant Street, Edinburgh, IN 46124

$320,000

0.16 AC lot

Duplex offers two 2-bedroom, 1-bath units, with one fully furnished and a new metal roof installed in 2020.

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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.

Prime Land Off US HWY

Briar Creek lot: #1, Lawrenceburg, KY 40342

$345,500

2.27 AC lot

2.27 acres with excellent visibility and easy access.

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Wooded Homesite in Wheatfield, Indiana

4418 Oakland Court, Wheatfield, IN 46392

Contact for pricing

0.57 AC lot

Spacious, wooded 0.57-acre lot in established neighborhood.

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Sonora, KY Residential Land

Silver Mine Road lot: 6, Sonora, KY 42776

$63,500

3.03 AC lot

3.03 acre residential tract in Sonora, Kentucky.

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Vacant Land Near Glendale

Tract 2 Bell Cemetery Road, Summersville, KY 42782

$75,500

7.00 AC lot

7 acres of vacant land with utilities near Glendale, KY.

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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.

MOBILE HOME PARK, TRAILER PARK

911 Hale Rd, Shelbyville, IN 46176-2383

Value Estimation by Request

2,400 sqft 41.87 AC lot

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MOBILE HOME PARK, TRAILER PARK

596 Chestnut St, Shelbyville, IN 46176-2294

$1,350,000

Estimated value

9.09 AC lot

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MOBILE HOME PARK, TRAILER PARK

Heartland Dr, Shelbyville, IN 46176

Value Estimation by Request

4.83 AC lot

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MOBILE HOME PARK, TRAILER PARK

Heartland Dr, Shelbyville, IN 46176

Value Estimation by Request

4.60 AC lot

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MOBILE HOME PARK, TRAILER PARK

Heartland Dr, Shelbyville, IN 46176

Value Estimation by Request

2.68 AC lot

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MOBILE HOME PARK, TRAILER PARK

1203 State Rd 44, Shelbyville, IN 46176-1782

Value Estimation by Request

3.50 AC lot

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Shelbyville, IN Multifamily Properties Market Trends and Statistics

Explore 10 multifamily properties for sale in Shelbyville, IN, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 4,850 square feet of properties for sale, with an estimated market value of $444,900.

Sale prices for multifamily properties in Shelbyville, IN start at $120,000, averaging $222,450, and reaching up to $324,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
46176	$279.8K

Neighborhood

Average Price

46176

$279.8K

Shelbyville, IN Multifamily Properties for Sale

328 E Mechanic Street, Shelbyville, IN 46176

617 W Franklin Street, Shelbyville, IN 46176

328-330 W Mechanic Street, Shelbyville, IN 46176

106 W Pennsylvania Street, Shelbyville, IN 46176