Shelby County, IN Residential income 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

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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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 18 Potential Opportunities for your consideration. Besides 3 Active listings in Shelby County, IN, we suggest exploring several alternatives: similar 11 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

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.

Residential Lots in Shelbyville, IN

LT2 Hascuster Lane, Shelbyville, IN 46176

Contact for pricing

0.21 AC lot

Residential lots available for sale, build to suit.

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Shelby County Farmland Opportunity

North 750 West, Fairland, IN 46126

$425,000

979,229 sqft 22.50 AC lot

22.5 acres of farmland in Shelby County, Indiana.

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Residential Lots in Greenwood, IN

1548 N Franklin Road, Greenwood, IN 46143

$375,000

6.24 AC lot

6-acre property near shopping, dining, and entertainment.

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Residential Development Land Parcel

5170 S 800 W, Indianapolis, IN 46239

$239,900

3.60 AC lot

3.6-acre residentially zoned parcel with mature trees, suited for a custom home build.

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Off-Market Properties in Shelby County, IN

Consider similar Off-Market properties in Shelby County, 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.