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    Shelbyville, TN Multifamily Properties for Sale

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    Wartrace, TN Bell Buckle, TN Petersburg, TN
    Shelbyville Multifamily Investment Opportunity
    $525,000
    3,359 SF

    Shelbyville Multifamily Investment Opportunity

    419 Belmont Ave, Shelbyville, TN 37160

    Five-unit apartment building with value-add potential near downtown Shelbyville.

    • 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.
    Updated: Apr 21
    View details
    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
    $6,750,000
    1.60 Acres

    University Pointe Multifamily Investment

    75-bed multifamily property near Middle Tennessee State University.

    1238 Sloan St, Murfreesboro, TN 37130
    View details
    Repositioned Multifamily Community in Murfreesboro
    Contact for pricing

    Repositioned Multifamily Community in Murfreesboro

    360-unit multifamily community in a rapidly growing Nashville submarket.

    285 N Rutherford Blvd, Murfreesboro, TN 37130
    View details
    Tullahoma Townhome Community For Sale
    $2,600,000
    18,480 SF

    Tullahoma Townhome Community For Sale

    Class A, 16-unit townhome community built in 2018.

    156 Silver St, Tullahoma, TN 37388
    View details
    The Landings at Red Rock
    Contact for pricing
    31,568 SF

    The Landings at Red Rock

    40-unit multifamily property in Tullahoma, TN with recent upgrades.

    407 N College St, Tullahoma, TN 37388
    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.

    Land in Hazel Green, AL
    $239,000
    8.79 Acres

    Land in Hazel Green, AL

    8.79 acres of land with potential building sites.

    1589 Scott Road, Hazel Green, AL 35750
    View details
    Land with Development Potential
    $245,000

    Land with Development Potential

    Land suitable for building or investment with development potential.

    1589 Scott Road, Hazel Green, AL 35750
    View details
    Huntsville Commercial Development Opportunity
    $1,800,000
    11.00 Acres

    Huntsville Commercial Development Opportunity

    11-acre commercial land with high visibility frontage on Hwy 72.

    2387 Highway 72 E, Huntsville, AL 35811
    View details
    Land with Utilities Near Lake
    Contact for pricing
    0.43 Acres

    Land with Utilities Near Lake

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

    Holmes Creek Rd lot: 1, Smithville, TN 37166
    View details

    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.

    120 Bethany Ln
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,992 SF Lot: 5.34 Acres
    Estimated value
    $2,400,000

    120 Bethany Ln, Shelbyville, TN 37160-4141

    View details
    260 Anthony Ln
    APARTMENT HOUSE (UNDER 5 UNITS)
    30,888 SF Lot: 5.08 Acres
    Estimated value
    $2,885,000

    260 Anthony Ln, Shelbyville, TN 37160-9417

    View details
    507 Cannon Blvd
    APARTMENT HOUSE (UNDER 5 UNITS)
    6,944 SF Lot: 0.67 Acres
    Estimated value
    $1,150,000

    507 Cannon Blvd, Shelbyville, TN 37160-3896

    View details
    Belmont Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    5,984 SF Lot: 3.46 Acres
    Estimated value
    $3,565,000

    Belmont Ave, Shelbyville, TN 37160

    View details
    714 Neely Ave, Unit 704
    APARTMENT HOUSE (UNDER 5 UNITS)
    7,320 SF Lot: 1.20 Acres
    Estimated value
    $630,000
    Unit 704

    714 Neely Ave, Shelbyville, TN 37160-4229

    View details
    400 Barksdale Ln
    APARTMENT HOUSE (UNDER 5 UNITS)
    10,584 SF Lot: 7.46 Acres
    Estimated value
    $4,110,000

    400 Barksdale Ln, Shelbyville, TN 37160-3633

    View details
    300 Neely Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    5,048 SF Lot: 10.00 Acres
    Estimated value
    $3,690,000

    300 Neely Ave, Shelbyville, TN 37160-4231

    View details
    609 Landers St
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,648 SF Lot: 4.59 Acres
    Estimated value
    $3,165,000

    609 Landers St, Shelbyville, TN 37160-4561

    View details
    450 Fairground Hts
    APARTMENT HOUSE (UNDER 5 UNITS)
    6,696 SF Lot: 0.61 Acres
    Estimated value
    $725,000

    450 Fairground Hts, Shelbyville, TN 37160-4137

    View details
    220 Anthony Ln
    APARTMENT HOUSE (UNDER 5 UNITS)
    5,075 SF Lot: 2.88 Acres
    Estimated value
    $995,000

    220 Anthony Ln, Shelbyville, TN 37160-9413

    View details
    1601 Grn Ln
    APARTMENT HOUSE (UNDER 5 UNITS)
    7,728 SF Lot: 9.00 Acres
    Estimated value
    $1,160,000

    1601 Grn Ln, Shelbyville, TN 37160-2365

    View details
    1827 Cannon Blvd
    APARTMENT HOUSE (UNDER 5 UNITS)
    7,646 SF Lot: 1.00 Acre
    Value Estimation by Request

    1827 Cannon Blvd, Shelbyville, TN 37160-4822

    View details
    King Arthur Ct
    MOBILE HOME PARK, TRAILER PARK
    784 SF Lot: 0.27 Acres
    Value Estimation by Request

    King Arthur Ct, Shelbyville, TN 37160

    View details
    King Arthur Ct
    MOBILE HOME PARK, TRAILER PARK
    720 SF Lot: 0.09 Acres
    Value Estimation by Request

    King Arthur Ct, Shelbyville, TN 37160

    View details
    Hillcrest Dr
    MOBILE HOME PARK, TRAILER PARK
    728 SF Lot: 0.22 Acres
    Value Estimation by Request

    Hillcrest Dr, Shelbyville, TN 37160

    View details
    Sims Rd
    MOBILE HOME PARK, TRAILER PARK
    Lot: 1.07 Acres
    Value Estimation by Request

    Sims Rd, Shelbyville, TN 37160

    View details
    1304 Un St
    APARTMENT HOUSE (UNDER 5 UNITS)
    12,748 SF Lot: 5.33 Acres
    Estimated value
    $625,000

    1304 Un St, Shelbyville, TN 37160-2132

    View details
    Cedar Glade Cir
    APARTMENT HOUSE (UNDER 5 UNITS)
    26,422 SF Lot: 7.51 Acres
    Estimated value
    $1,635,000

    Cedar Glade Cir, Shelbyville, TN 37160

    View details
    122 Bethany Ln
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,992 SF Lot: 1.00 Acre
    Value Estimation by Request

    122 Bethany Ln, Shelbyville, TN 37160-4139

    View details
    311 Vine St, Unit 301
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,224 SF Lot: 0.35 Acres
    Value Estimation by Request
    Unit 301

    311 Vine St, Shelbyville, TN 37160-2620

    View details
    313 Colloredo Blvd
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,918 SF Lot: 0.49 Acres
    Value Estimation by Request

    313 Colloredo Blvd, Shelbyville, TN 37160-2765

    View details
    317 Colloredo Blvd
    APARTMENT HOUSE (UNDER 5 UNITS)
    1,760 SF Lot: 2.28 Acres
    Value Estimation by Request

    317 Colloredo Blvd, Shelbyville, TN 37160-2765

    View details
    125 Sunlite Rd
    APARTMENT HOUSE (UNDER 5 UNITS)
    11,172 SF Lot: 5.00 Acres
    Estimated value
    $1,380,000

    125 Sunlite Rd, Shelbyville, TN 37160-3500

    View details

    Shelbyville, TN Multifamily Properties Investment Opportunities Market Analysis

    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 $525,000.

    Sale prices for multifamily properties in Shelbyville, TN start at $525,000, averaging $525,000, and reaching up to $525,000 — 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

    Apartment buildings 1

    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 median listing prices of real estate assets

    Neighborhood Average Price
    37160 $525K

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