Realmo

Buy
- For Sale
- Post a Listing
Property Types
- Retail
  
  Automotive
  
  Auto Shop
  
  Grocery Store
  
  Shopping Center
  
  Strip Mall
- Office
  
  Office Units
- Residential Income
  
  Multifamily
- Restaurants
- Industrial
- Warehouse
  
  Self Storage
- Mixed-Use
- Land
  
  Commercial
  
  Industrial
  
  Agricultural
  
  Hunting
- Agricultural
  
  Farms
- Specialty
Rent
- For Lease
- Post a Listing
Space Uses
Analytics
- Analytics Center
- Insight Report
- Recently Sold
- Value Estimation
- Cap Rate
- Ownership Records
- Location Intelligence
- Business Placement
- Off-Market Leads
- Zoning Insight

Advertise Sign In

For Sale
- Retail
  - Automotive
  - Auto Shop
  - Grocery Store
  - Shopping Center
  - Strip Mall
- Office
  - Office Units
- Residential Income
  - Multifamily
- Restaurants
- Industrial
- Warehouse
  - Self Storage
- Mixed-Use
- Land
  - Commercial
  - Industrial
  - Agricultural
  - Hunting
- Agricultural
  - Farms
- Specialty
For Lease
Analytics Center
Insight Report
Recently Sold
Value Estimation
Cap Rate
Ownership Records
Location Intelligence
Business Placement
Off-Market Leads
Zoning Insight
Advertise
Find Brokers

Shelbyville, TN

Multifamily

Shelbyville, TN Multifamily Properties for Sale

List

Map

Bell Buckle, TN Lewisburg, TN Petersburg, TN Normandy, TN Manchester, TN Belfast, TN Lynchburg, TN Tullahoma, TN

Shelbyville Multifamily Investment Opportunity

Updated: Apr 21

Shelbyville Multifamily Investment Opportunity

419 Belmont Ave, Shelbyville, TN 37160

$499,900

3,359 sqft

Strong rental appeal due to location and walkability in an established residential area near historic downtown Shelbyville.
Immediate value‑add potential with two vacant units and projected rent increases (2BR ~$950, 1BR ~$850).
5‑unit brick apartment building with a mix of unit types (two 2BR/1BA, two 1BR/1BA, one Studio).
Recent improvements include roof, kitchen/bath updates, new foundation drainage system, and main sewer line replacement (within ~4‑5 years).
Unit 5 (Studio) currently rents at $650/month, providing immediate income.

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 47 Potential Opportunities for your consideration. Besides 1 Active listings in Shelbyville, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 38 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.

University Pointe Multifamily Investment

University Pointe Multifamily Investment

1238 Sloan St, Murfreesboro, TN 37130

$6,750,000

1.60 AC lot

75-bed multifamily property near Middle Tennessee State University.

Versatile Duplex with Commercial Zoning

Versatile Duplex with Commercial Zoning

738 E Northfield Blvd, Murfreesboro, TN 37130

$750,000

2,180 sqft

Duplex with investment, residential, and commercial potential near MTSU.

Commercially Zoned Land Development Opportunity

Commercially Zoned Land Development Opportunity

194 Theta Pike, Columbia, TN 38401

$3,700,000

12.00 AC lot

Prime 12-acre commercial land near downtown Columbia, Tennessee.

Commercially Zoned Downtown Duplex

Commercially Zoned Downtown Duplex

1510 S Main St, Columbia, TN 38401

$217,000

1,457 sqft

Commercially zoned duplex, renovated side rented, fixer-upper potential.

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.

Commercial Development Land with 400' Frontage

Commercial Development Land with 400' Frontage

2387 Highway 72 E, Huntsville, AL 35811

$1,800,000

11.00 AC lot

Flat 11-acre parcel in Madison County with more than 400 feet of frontage on Hwy 72 E and an annexation option.

Land with Utilities Near Lake

Land with Utilities Near Lake

Holmes Creek Rd lot: 1, Smithville, TN 37166

Contact for pricing

0.43 AC lot

Land with utilities ready for camper or mobile home near lake.

Unrestricted Lake Lot in Smithville

Unrestricted Lake Lot in Smithville

182 Mayberry Drive, Smithville, TN 37166

$39,900

0.14 AC lot

Unrestricted lake lot with utilities started near community boat dock.

Unzoned Acreage Near Highway 72

Unzoned Acreage Near Highway 72

30633 Highway 72, Madison, AL 35758

$2,500,000

800 sqft 4.20 AC lot

4.2 acres of unzoned land near Highway 72.

Off-Market Properties in Shelbyville, TN

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

APARTMENT HOUSE (UNDER 5 UNITS)

120 Bethany Ln, Shelbyville, TN 37160-4141

$2,400,000

Estimated value

4,992 sqft 5.34 AC lot

APARTMENT HOUSE (UNDER 5 UNITS)

260 Anthony Ln, Shelbyville, TN 37160-9417

$2,885,000

Estimated value

30,888 sqft 5.08 AC lot

507 Cannon Blvd

APARTMENT HOUSE (UNDER 5 UNITS)

507 Cannon Blvd, Shelbyville, TN 37160-3896

$1,150,000

Estimated value

6,944 sqft 0.67 AC lot

APARTMENT HOUSE (UNDER 5 UNITS)

Belmont Ave, Shelbyville, TN 37160

$3,565,000

Estimated value

5,984 sqft 3.46 AC lot

714 Neely Ave, Unit 704

APARTMENT HOUSE (UNDER 5 UNITS)

714 Neely Ave, Shelbyville, TN 37160-4229

Unit 704

$630,000

Estimated value

7,320 sqft 1.20 AC lot

400 Barksdale Ln

APARTMENT HOUSE (UNDER 5 UNITS)

400 Barksdale Ln, Shelbyville, TN 37160-3633

$4,110,000

Estimated value

10,584 sqft 7.46 AC lot

APARTMENT HOUSE (UNDER 5 UNITS)

300 Neely Ave, Shelbyville, TN 37160-4231

$3,690,000

Estimated value

5,048 sqft 10.00 AC lot

APARTMENT HOUSE (UNDER 5 UNITS)

609 Landers St, Shelbyville, TN 37160-4561

$3,165,000

Estimated value

3,648 sqft 4.59 AC lot

450 Fairground Hts

APARTMENT HOUSE (UNDER 5 UNITS)

450 Fairground Hts, Shelbyville, TN 37160-4137

$725,000

Estimated value

6,696 sqft 0.61 AC lot

APARTMENT HOUSE (UNDER 5 UNITS)

220 Anthony Ln, Shelbyville, TN 37160-9413

$995,000

Estimated value

5,075 sqft 2.88 AC lot

APARTMENT HOUSE (UNDER 5 UNITS)

1601 Grn Ln, Shelbyville, TN 37160-2365

$1,160,000

Estimated value

7,728 sqft 9.00 AC lot

1827 Cannon Blvd

APARTMENT HOUSE (UNDER 5 UNITS)

1827 Cannon Blvd, Shelbyville, TN 37160-4822

Value Estimation by Request

7,646 sqft 1.00 AC lot

MOBILE HOME PARK, TRAILER PARK

King Arthur Ct, Shelbyville, TN 37160

Value Estimation by Request

784 sqft 0.27 AC lot

MOBILE HOME PARK, TRAILER PARK

King Arthur Ct, Shelbyville, TN 37160

Value Estimation by Request

720 sqft 0.09 AC lot

MOBILE HOME PARK, TRAILER PARK

Hillcrest Dr, Shelbyville, TN 37160

Value Estimation by Request

728 sqft 0.22 AC lot

MOBILE HOME PARK, TRAILER PARK

Sims Rd, Shelbyville, TN 37160

Value Estimation by Request

1.07 AC lot

APARTMENT HOUSE (UNDER 5 UNITS)

1304 Un St, Shelbyville, TN 37160-2132

$625,000

Estimated value

12,748 sqft 5.33 AC lot

Cedar Glade Cir

APARTMENT HOUSE (UNDER 5 UNITS)

Cedar Glade Cir, Shelbyville, TN 37160

$1,635,000

Estimated value

26,422 sqft 7.51 AC lot

APARTMENT HOUSE (UNDER 5 UNITS)

122 Bethany Ln, Shelbyville, TN 37160-4139

Value Estimation by Request

4,992 sqft 1.00 AC lot

311 Vine St, Unit 301

APARTMENT HOUSE (UNDER 5 UNITS)

311 Vine St, Shelbyville, TN 37160-2620

Unit 301

Value Estimation by Request

4,224 sqft 0.35 AC lot

313 Colloredo Blvd

APARTMENT HOUSE (UNDER 5 UNITS)

313 Colloredo Blvd, Shelbyville, TN 37160-2765

Value Estimation by Request

3,918 sqft 0.49 AC lot

317 Colloredo Blvd

APARTMENT HOUSE (UNDER 5 UNITS)

317 Colloredo Blvd, Shelbyville, TN 37160-2765

Value Estimation by Request

1,760 sqft 2.28 AC lot

APARTMENT HOUSE (UNDER 5 UNITS)

125 Sunlite Rd, Shelbyville, TN 37160-3500

$1,380,000

Estimated value

11,172 sqft 5.00 AC lot

Shelbyville, TN Multifamily Properties Market Trends and Statistics

Explore 39 multifamily properties for sale in Shelbyville, TN on our real estate platform. These investment opportunities span a total of 3,359 square feet of properties for sale, with an estimated market value of $499,900.

Sale prices for multifamily properties in Shelbyville, TN start at $499,900, averaging $499,900, and reaching up to $499,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

List

Map

Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 36K

Population Growth (5Y) +7.4%

Median Household Income $58,899

College Educated 7.1%

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
37160	$525K

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings