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    Shelbyville, IN Residential Income Properties for Sale

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    Indianapolis, IN Fort Wayne, IN Evansville, IN
    Shelbyville Investment Property: Five Units
    $324,900
    0.19 Acres

    Shelbyville Investment Property: Five Units

    617 W Franklin Street, Shelbyville, IN 46176

    Five-unit investment property in Shelbyville's historic West Side neighborhood.

    • High income potential: Generates almost $50,000 in annual rent revenues.
    • Multi‑unit investment: Features five units (four 1‑bedroom and one studio) in one property.
    • Infrastructural improvements have already been completed.
    • Convenient parking located on a corner with alley access.
    • Situated in the historic West Side of the booming Shelbyville Community.
    Updated: Jan 6
    View details
    Shelbyville Quadruplex Investment Opportunity
    $299,900
    0.09 Acres

    Shelbyville Quadruplex Investment Opportunity

    106-108 W Pennsylvania Street, Shelbyville, IN 46176

    Quadruplex near downtown Shelbyville with stable tenants and low maintenance.

    • High annual rental income of $52,250.
    • Five apartments (three 1/1, one studio, one 2/1) provide diversified income streams.
    • Low‑maintenance metal exterior and baseboard heat system.
    • Recent light rehab with new flooring and paint.
    • Stabilized with new tenants.
    Updated: Jan 11
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    Shelbyville Duplex on Mechanic Street
    $120,000
    2,240 SF

    Shelbyville Duplex on Mechanic Street

    Duplex on a generous lot, great for investors.

    328 E Mechanic Street, Shelbyville, IN 46176
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    Shelbyville Duplex on Mechanic Street
    $99,900
    0.14 Acres

    Shelbyville Duplex on Mechanic Street

    Duplex on generous lot, great for investors or homeowners.

    328-330 W Mechanic Street, Shelbyville, IN 46176
    View details
    Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 4 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.

    Updated Duplex on Large Lot
    $595,000
    1.10 Acres

    Updated Duplex on Large Lot

    Turnkey duplex with income potential on 1.1 acres.

    7918 E 10th Street, Indianapolis, IN 46219
    View details
    Indianapolis Duplex Near Golf Course
    $210,000
    0.21 Acres

    Indianapolis Duplex Near Golf Course

    Renovated duplex near amenities and interstates, part of portfolio package.

    2301 Perkins Avenue, Indianapolis, IN 46203
    View details
    Downtown Office Building with Expansion
    $395,000
    8,608 SF

    Downtown Office Building with Expansion

    Office building with expansion potential in downtown location.

    9 American Legion Place, Greenfield, IN 46140
    View details
    Accolade Apartments: Greenfield Multifamily Community
    Contact for pricing

    Accolade Apartments: Greenfield Multifamily Community

    240-unit apartment community with modern features and abundant amenities.

    Opportunity Pkwy, Greenfield, IN 46140
    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.

    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
    View details
    Residential Lots in Franklin Township
    $239,900
    3.60 Acres

    Residential Lots in Franklin Township

    3.6 acre residential lots in the Franklin Township area.

    5170 S 800 W, Indianapolis, IN 46239
    View details
    Residential Lots on Edgewood Avenue
    $1,200,000
    5.92 Acres

    Residential Lots on Edgewood Avenue

    5.92 acres of residential land with direct access.

    8121 E Edgewood Avenue, Indianapolis, IN 46239
    View details

    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.

    911 Hale Rd

    911 Hale Rd

    MOBILE HOME PARK, TRAILER PARK • 2,400 SF
    Value Estimation by Request
    911 Hale Rd, Shelbyville, IN 46176-2383
    View details
    596 Chestnut St

    596 Chestnut St

    MOBILE HOME PARK, TRAILER PARK • 9.09 Acres
    Value Estimation
    $1,350,000
    596 Chestnut St, Shelbyville, IN 46176-2294
    View details
    Heartland Dr

    Heartland Dr

    MOBILE HOME PARK, TRAILER PARK • 4.83 Acres
    Value Estimation by Request
    Heartland Dr, Shelbyville, IN 46176
    View details
    Heartland Dr

    Heartland Dr

    MOBILE HOME PARK, TRAILER PARK • 4.60 Acres
    Value Estimation by Request
    Heartland Dr, Shelbyville, IN 46176
    View details
    Heartland Dr

    Heartland Dr

    MOBILE HOME PARK, TRAILER PARK • 2.68 Acres
    Value Estimation by Request
    Heartland Dr, Shelbyville, IN 46176
    View details
    1203 State Rd 44

    1203 State Rd 44

    MOBILE HOME PARK, TRAILER PARK • 3.50 Acres
    Value Estimation by Request
    1203 State Rd 44, Shelbyville, IN 46176-1782
    View details

    Shelbyville, IN Residential Income Properties Investment Opportunities Market Analysis

    Explore 10 residential income properties for sale in Shelbyville, IN, showcased through 4 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 Shelbyville, 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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