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    Shelbyville, KY
    Residential Income

    Shelbyville, KY Residential Income Properties for Sale

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    Finchville, KY Simpsonville, KY Waddy, KY Taylorsville, KY Bagdad, KY Fisherville, KY Smithfield, KY Pleasureville, KY
    Two-Unit Duplex with Covered Parking
    Updated: Jun 8
    Two-Unit Duplex with Covered Parking

    342 Frankfort Rd, Shelbyville, KY 40065

    $250,000
    3,872 sqft 0.16 AC lot
    3,872‑square‑foot duplex on a 0.16‑acre lot
    First‑floor unit has 3 bedrooms; upper unit has 2 bedrooms
    Updated kitchens and full bathrooms in both units
    One covered parking space for each residence
    Separate water, electric, and gas meters
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    Commercial Land at Corner Location
    Updated: Jun 10
    Commercial Land at Corner Location

    2709 shelbyville road, Shelbyville, KY 40065

    $1,700,000
    125,453 sqft
    2.88‑acre corner parcel
    R‑1D zoning
    Existing Airbnb short‑term rental operation
    Located at 2709 Shelbyville Rd, Shelbyville, KY 40065
    Retail, office, medical, and mixed‑use concepts identified for review
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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    2 active listings match your search: Residential Income for sale in Shelbyville, KY. Based on your search, we've also compiled 9 Potential Opportunities for your consideration: 4 properties in nearby cities, 1 off-market property to explore as potential leads, and 4 land listings with development potential.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Four-Unit Quadplex
    Four-Unit Quadplex

    4116 Billtown Rd, Jeffersontown, KY 40299

    $395,000
    3,360 sqft 0.19 AC lot

    Fully occupied property offers two unit layouts, central air, and public utilities.

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    Fully Occupied 4-Unit Quadplex
    Fully Occupied 4-Unit Quadplex

    4116 Billtown Rd, Louisville, KY 40299

    $395,000
    3,360 sqft

    Four-unit property with a varied bedroom mix and central air throughout.

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    Brick Quadplex
    Brick Quadplex

    4212 Billtown Rd, Jeffersontown, KY 40299

    $425,000
    3,360 sqft

    Four tenant-occupied apartments have matching two-bedroom, one-bath layouts and washer/dryer hookups.

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    Brick Quadplexes with Two-Bedroom Units
    Brick Quadplexes with Two-Bedroom Units

    4204 Billtown Rd, Louisville, KY 40299

    $415,000
    3,360 sqft

    Two brick apartment buildings offer occupied units, practical layouts, and R-7 zoning in Jeffersontown.

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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.

    17.09 Acre Tract in Shelbyville
    17.09 Acre Tract in Shelbyville

    1969 Hannah Road, Shelbyville, KY 40065

    $349,000
    17.09 AC lot

    17.09 acre tract suitable for horses and other animals.

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    Recreation Land Parcel
    Recreation Land Parcel

    Clark Station Rd, Louisville, KY 40023

    $1,953,000
    70.00 AC lot

    Large open land parcel suited for recreation or private use, with acreage split across Shelby and Jefferson Counties.

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    Shelby County Land For Sale
    Shelby County Land For Sale

    TR 6B Samples Rd, Waddy, KY 40076

    $289,900
    21.41 AC lot

    21.41 acres in Shelby County, partially wooded.

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    Residential Lot in Louisville East
    Residential Lot in Louisville East

    14104 Lake Forest Ln, Louisville, KY 40245

    $339,900
    1.40 AC lot

    1.4-acre lot in Louisville's east end, build your dream home.

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    Off-Market Properties in Shelbyville, KY

    Consider similar Off-Market properties in Shelbyville, KY. 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.

    1018 Main St
    BOARDING/ROOMING HOUSE

    1018 Main St, Shelbyville, KY 40065-1350

    Estimated value:
    $355,000
    View details

    Shelbyville, KY Residential Income Properties Market Trends and Statistics

    Explore 3 residential income properties for sale in Shelbyville, KY on our real estate platform. These investment opportunities span a total of 129,325 square feet of properties for sale, with an estimated market value of $1,950,000.

    Sale prices for residential investment properties in Shelbyville, KY start at $250,000, averaging $975,000, and reaching up to $1,700,000 — 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

    Commercial property segments ranked by active listings on the market

    Multifamily properties 2
    Duplexes 1
    Short term rental properties 1

    Demographics Overview

    Population 32K
    Population Growth (5Y) +3.8%
    Median Household Income $76,813
    College Educated 19.4%

    High-Yield Neighborhoods for Investment

    Identify Shelbyville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    40065 $733.3K

    Taxes & Financing

    Tax Rate (average for all types) 1.11%
    Property Tax per SF $9.57 per SF
    Tax Rate vs County Average 0.01 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Shelby County

    New Delisted

    How Realmo verifies these figures

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    Popular Searches in Shelbyville, KY

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    Most Searched ZIP Codes in Shelbyville, KY

    • 40065

    Featured Shelbyville Real Estate Agencies

    Realmo connects you with licensed Shelbyville CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Weichert Realtors H. Barry Smith Company
    88 Brunerstown Road Shelbyville, KY 40065
    Phone: (502) 553-1880
    www.wrhbarrysmith.com
    Torrey Smith Realty Co., LLC
    905 Main Street Shelbyville, KY 40065
    Phone: (502) 633-0220
    www.smithclick.com
    Weichert Realtors- H Barry Smith Co.
    211 Breighton Cir Suite 1 Shelbyville, KY
    Phone: (502) 633-2746
    www.wrhbarrysmith.com
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