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    Shelby County, IN Residential Income Properties for Sale

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    Indianapolis, IN Fort Wayne, IN Evansville, IN
    6 listings
    Shelbyville Duplex on Mechanic Street
    $120,000
    2,240 SF
    Shelbyville Duplex on Mechanic Street

    328 E Mechanic Street, Shelbyville, IN 46176

    Duplex on a generous lot, great for investors.
    • Generous lot size
    • Duplex structure - presenting an investment opportunity
    • Four bedrooms
    • Two bathrooms
    • Covered porch
    Updated: Apr 17
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    Downtown Mixed-Use Storefront Investment
    $574,900
    0.06 Acres
    Downtown Mixed-Use Storefront Investment

    12 S Harrison Street, Shelbyville, IN 46176

    Two-parcel property with three leased storefronts and partially finished second-floor space for adaptive reuse.
    • High annual income of over $50,000 from three fully leased storefronts.
    • Significant value‑add potential with 4,000+ sq ft of partially finished residential space for lofts, short‑term rentals, or office/studio conversions.
    • Prime location in the heart of Downtown Shelbyville's revitalized brick streetscape.
    • High visibility and strong foot traffic.
    • Stable tenants and flexible downtown commercial zoning.
    Updated: Nov 19, 2025
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    Corner-Alley 5-Unit Apartment Building
    $324,900
    0.19 Acres
    Corner-Alley 5-Unit Apartment Building

    Five-unit multifamily building with multiple unit types and convenient tenant parking off an alley corner.

    617 W Franklin Street, Shelbyville, IN 46176

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    Duplex Residential Income Property
    $79,000
    0.14 Acres
    Duplex Residential Income Property

    Residential duplex for sale, offering flexible living and rental options on a single property.

    328-330 W Mechanic Street, Shelbyville, IN 46176

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    Five-Unit Apartment Building
    $299,900
    0.09 Acres
    Five-Unit Apartment Building

    Five apartment units with metal exterior and baseboard heat, offered with recent interior updates.

    106-108 W Pennsylvania Street, Shelbyville, IN 46176

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    Triplex with Porch Entry
    $110,000
    0.16 Acres
    Triplex with Porch Entry

    For sale triplex in Shelbyville with a welcoming porch and a residential setting.

    110 E South Street, Shelbyville, IN 46176

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    Based on your search, we've compiled 21 Potential Opportunities for your consideration. Besides 6 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
    Contact for pricing
    0.21 Acres
    Residential Lots in Shelbyville, IN

    Residential lots available for sale, build to suit.

    LT2 Hascuster Lane, Shelbyville, IN 46176

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    Residential Lots in Triton School
    $49,900
    0.41 Acres
    Residential Lots in Triton School

    Residential lots ready for building in Triton School District.

    5684 N Vinton Hills Drive, Fairland, IN 46126

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    Shelby County Farmland Opportunity
    $425,000
    979,229 SF
    Shelby County Farmland Opportunity

    22.5 acres of farmland in Shelby County, Indiana.

    North 750 West, Fairland, IN 46126

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    Residential Development Land Parcel
    $239,900
    3.60 Acres
    Residential Development Land Parcel

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

    5170 S 800 W, Indianapolis, IN 46239

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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.

    Suburban Villa
    MOBILE HOME PARK, TRAILER PARK
    Lot: 6.03 Acres
    Value Estimation by Request

    Suburban Villa, Saint Paul, IN 47272

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    911 Hale Rd
    MOBILE HOME PARK, TRAILER PARK
    2,400 SF Lot: 41.87 Acres
    Value Estimation by Request

    911 Hale Rd, Shelbyville, IN 46176-2383

    View details
    596 Chestnut St
    MOBILE HOME PARK, TRAILER PARK
    Lot: 9.09 Acres
    Estimated value
    $1,350,000

    596 Chestnut St, Shelbyville, IN 46176-2294

    View details
    8901 Del Char S Dr
    MOBILE HOME PARK, TRAILER PARK
    Lot: 17.10 Acres
    Value Estimation by Request

    8901 Del Char S Dr, Edinburgh, IN 46124-9649

    View details
    340 En St
    MOBILE HOME PARK, TRAILER PARK
    Lot: 2.54 Acres
    Value Estimation by Request

    340 En St, Morristown, IN 46161-4657

    View details
    Heartland Dr
    MOBILE HOME PARK, TRAILER PARK
    Lot: 4.83 Acres
    Value Estimation by Request

    Heartland Dr, Shelbyville, IN 46176

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    Heartland Dr
    MOBILE HOME PARK, TRAILER PARK
    Lot: 4.60 Acres
    Value Estimation by Request

    Heartland Dr, Shelbyville, IN 46176

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    Heartland Dr
    MOBILE HOME PARK, TRAILER PARK
    Lot: 2.68 Acres
    Value Estimation by Request

    Heartland Dr, Shelbyville, IN 46176

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    529 Washington St
    MOBILE HOME PARK, TRAILER PARK
    Lot: 1.68 Acres
    Value Estimation by Request

    529 Washington St, Morristown, IN 46161

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    6484 London Rd
    MOBILE HOME PARK, TRAILER PARK
    1,066 SF Lot: 18.05 Acres
    Value Estimation by Request

    6484 London Rd, Fairland, IN 46126-9667

    View details
    1203 State Rd 44
    MOBILE HOME PARK, TRAILER PARK
    Lot: 3.50 Acres
    Value Estimation by Request

    1203 State Rd 44, Shelbyville, IN 46176-1782

    View details

    Shelby County, IN Residential Income Properties Investment Opportunities Market Analysis

    Explore 17 residential income properties for sale in Shelby County, IN, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 2,240 square feet of properties for sale, with an estimated market value of $120,000.

    Sale prices for residential income properties in Shelby County, IN start at $120,000, averaging $120,000, and reaching up to $120,000 — 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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