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    Shelbyville, KY Multifamily Properties for Sale

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    Simpsonville, KY Finchville, KY Bagdad, KY
    Extra Large Duplex with Updated Kitchens
    $299,500
    3,872 SF
    Extra Large Duplex with Updated Kitchens

    342 Frankfort Rd, Shelbyville, KY 40065

    Duplex offering two separate units with updated kitchens, covered parking, and separate utilities with month-to-month tenants.
    • Extra large duplex with two separate units and consistent cash flow from long‑term tenants
    • First floor: 3 bedrooms, large living room, dining room, full bathroom, and updated kitchen
    • Second floor: 2 bedrooms, large living room, dining room, full bathroom, and updated kitchen
    • Separate washer and dryers in the basement with lots of storage, plus separate meters for water, electric, and gas
    • Each unit includes a covered parking spot; hardwood in main living areas
    Updated: Jun 8
    View details
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Shelbyville, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 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.

    Historic Frankfort Multifamily Investment Opportunity
    $489,000
    4,984 SF
    Historic Frankfort Multifamily Investment Opportunity

    Income-producing property with river views and conversion potential.

    514 Wapping Street, Frankfort, KY 40601

    View details
    Louisville Land Multifamily Investment Opportunity
    $1,700,000
    Louisville Land Multifamily Investment Opportunity

    Prime location with approved plans for 60 units.

    9311 Old 6 Mile Lane, Louisville, KY 40299

    View details
    Apartment Portfolio with Two 9-Unit Complexes
    $1,019,000
    13,338 SF
    Apartment Portfolio with Two 9-Unit Complexes

    Two 9-unit apartment complexes offer a mix of 1- and 2-bedroom units for residential income buyers.

    506 STEELE ST, Frankfort, KY 40601

    View details
    Hurstbourne Ridge Condo with Amenities
    $300,000
    2,765 SF
    Hurstbourne Ridge Condo with Amenities

    Well-maintained condo near shopping, dining, and medical centers.

    3745 Hurstbourne Ridge Blvd, Louisville, KY 40299

    View details

    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
    $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

    View details
    Land Near Lake Cumberland
    $75,000
    3.04 Acres
    Land Near Lake Cumberland

    3.04 acres near Lee's Ford Marina.

    311 Willow Oaks Dr, Nancy, KY 42544

    View details
    Land Near Lake Cumberland
    $75,000
    3.04 Acres
    Land Near Lake Cumberland

    3.04 acres near Lee's Ford Marina.

    311 Willow Oak, Nancy, KY 42544

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    Wooded Lot Near Lake Cumberland
    Contact for pricing
    0.50 Acres
    Wooded Lot Near Lake Cumberland

    0.565-acre wooded lot in gated community near Lake Cumberland.

    The Village Dr lot: 15, Nancy, KY 42544

    View details

    Off-Market Properties in Shelbyville, KY

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

    1018 Main St
    BOARDING/ROOMING HOUSE
    Value Estimation by Request

    1018 Main St, Shelbyville, KY 40065-1350

    View details

    Shelbyville, KY Multifamily Properties Investment Opportunities Market Analysis

    Explore 2 multifamily properties for sale in Shelbyville, KY on our real estate platform. These investment opportunities span a total of 3,872 square feet of properties for sale, with an estimated market value of $299,500.

    Sale prices for multifamily properties in Shelbyville, KY start at $299,500, averaging $299,500, and reaching up to $299,500 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 1

    Demographics Overview

    Population 32K
    Population Growth (5Y) +3.8%
    Median Household Income $76,813
    College Educated 19.4%

    Taxes & Financing

    Tax Rate (average for all types) 1.11%
    Property Tax per SF $9.57 per SF
    Tax Rate vs County Average 0.01 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Shelby County

    New Delisted

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