Shelbyville, IN Residential income properties for sale

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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Updated: Apr 17

Historic Duplex

328 E Mechanic Street, Shelbyville, IN 46176

$120,000

2,240 sqft 0.14 AC lot

Duplex built in 1910
2,240 SF total building area
0.14‑acre lot
Four bedrooms
Two bathrooms

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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 16 Potential Opportunities for your consideration. Besides 2 Active listings in Shelbyville, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 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.

Duplex Investment with Four Units

606 N Grant Street, Edinburgh, IN 46124

$499,900

0.20 AC lot

Two duplex buildings with four two-bedroom, one-bath units, built in 1997 on a 0.2-acre lot.

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Duplex With One Furnished Unit

600 N Grant Street, Edinburgh, IN 46124

$299,900

0.16 AC lot

Duplex with two 2-bed, 1-bath units, including one furnished unit and a metal roof replacement in 2020.

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Leased 4-Unit Multifamily Property

147 E King Street, Franklin, IN 46131

$299,000

0.11 AC lot

Four leased units, each with one bedroom and one full bath, in a small RTN-zoned multifamily asset.

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Leased 4-Unit Multifamily Property

298 N Water Street, Franklin, IN 46131

$324,900

0.15 AC lot

Four leased 1-bedroom, 1-bath units make up this income-producing multifamily property in Franklin, Indiana.

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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.

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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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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Residential Lots on Edgewood Avenue

8121 E Edgewood Avenue, Indianapolis, IN 46239

$1,200,000

5.92 AC lot

5.92 acres of residential land with direct access.

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3.53 Acres on Post Road

4045 N Post Rd, Indianapolis, IN 46226

$265,200

3.53 AC lot

Land with religious and residential zoning in mixed-use area.

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Off-Market Properties in Shelbyville, IN

Consider similar Off-Market properties in Shelbyville, 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.

MOBILE HOME PARK, TRAILER PARK

911 Hale Rd, Shelbyville, IN 46176-2383

$65,000

Estimated value

2,400 sqft 41.87 AC lot

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MOBILE HOME PARK, TRAILER PARK

596 Chestnut St, Shelbyville, IN 46176-2294

$1,350,000

Estimated value

9.09 AC lot

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MOBILE HOME PARK, TRAILER PARK

Heartland Dr, Shelbyville, IN 46176

$205,000

Estimated value

4.83 AC lot

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MOBILE HOME PARK, TRAILER PARK

Heartland Dr, Shelbyville, IN 46176

$215,000

Estimated value

4.60 AC lot

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MOBILE HOME PARK, TRAILER PARK

Heartland Dr, Shelbyville, IN 46176

$230,000

Estimated value

2.68 AC lot

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MOBILE HOME PARK, TRAILER PARK

1203 State Rd 44, Shelbyville, IN 46176-1782

$285,000

Estimated value

3.50 AC lot

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Shelbyville, IN Residential Income Properties Market Trends and Statistics

Explore 8 residential income properties for sale in Shelbyville, IN 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 $419,999.

Sale prices for residential income properties in Shelbyville, IN start at $120,000, averaging $209,999, and reaching up to $299,999 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
46176	$248.3K

Neighborhood

Average Price

46176

$248.3K

Shelbyville, IN Residential Income Properties for Sale

617 W Franklin Street, Shelbyville, IN 46176

328 E Mechanic Street, Shelbyville, IN 46176