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    Shelbyville, KY
    Multifamily

    Shelbyville, KY Multifamily Properties for Sale

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    Two-Unit Duplex with Covered Parking
    Updated: Jun 8
    Two-Unit Duplex with Covered Parking

    342 Frankfort Rd, Shelbyville, KY 40065

    $250,000
    3,872 sqft 0.16 AC lot
    3,872 SF duplex on a 0.16‑acre lot
    First‑floor 3‑bedroom unit and second‑floor 2‑bedroom unit
    Updated kitchens and hardwood in the main living areas
    Separate water, electric, and gas meters
    Covered parking spot for each unit
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    Commercial Land at Corner Location
    Updated: Jun 10
    Commercial Land at Corner Location

    2709 shelbyville road, Shelbyville, KY 40065

    $1,700,000
    125,453 sqft
    2.88‑acre corner parcel
    R‑1D zoning
    Existing Airbnb short‑term rental operation
    Located at 2709 Shelbyville Rd, Shelbyville, KY 40065
    Retail, office, medical, and mixed‑use concepts identified for review
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    Large Duplex with Covered Parking
    Large Duplex with Covered Parking

    342 Frankfort Rd, Shelbyville, KY 40065

    $250,000
    3,872 sqft

    Two separately metered residences offer updated kitchens, basement storage, and dedicated covered parking.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 3 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 1 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 Quadplex
    Four-Unit Quadplex

    4116 Billtown Rd, Jeffersontown, KY 40299

    $414,900
    3,360 sqft 0.19 AC lot

    Fully occupied property offers two unit layouts, central air, and public utilities.

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    Occupied Four-Unit Property
    Occupied Four-Unit Property

    4116 Billtown Rd, Jeffersontown, KY 40299

    $414,900
    3,360 sqft

    Fully occupied multifamily property with varied unit layouts, central air, and convenient access to shopping, employment, dining, and transportation.

    View details
    Two-Unit Duplex with Private Balconies
    Two-Unit Duplex with Private Balconies

    27 Harmony Landing Ct Unit A & B, Frankfort, KY 40601

    $280,000
    2,240 sqft

    Fully occupied duplex with updated mechanical systems and off-street tenant parking.

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    Duplex with Newer Roof
    Duplex with Newer Roof

    201 HAWTHORNE Drive, Frankfort, KY 40601

    $259,000
    1,570 sqft 0.20 AC lot

    Two-unit property with natural gas heating, central air, and a composition roof approximately seven years old.

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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
    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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    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

    1018 Main St, Shelbyville, KY 40065-1350

    Estimated value:
    $355,000
    View details

    Shelbyville, KY Multifamily Properties Market Trends and Statistics

    Explore 4 multifamily properties for sale in Shelbyville, KY, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 133,197 square feet of properties for sale, with an estimated market value of $2,200,000.

    Sale prices for multifamily properties in Shelbyville, KY start at $250,000, averaging $733,333, and reaching up to $1,700,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 2
    Short term rental properties 1

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

    Identify Shelbyville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    40065 $639.5K

    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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