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    Shelbyville, KY Residential Income Properties for Sale

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    Simpsonville, KY Finchville, KY Waddy, KY
    Extra Large Duplex with Updated Kitchens
    $299,500
    3,872 SF
    Extra Large Duplex with Updated Kitchens

    342 Frankfort Rd, Shelbyville, KY 40065

    Duplex offering two separate units with updated kitchens, covered parking, and separate utilities with month-to-month tenants.
    • Extra large duplex with two separate units and consistent cash flow from long‑term tenants
    • First floor: 3 bedrooms, large living room, dining room, full bathroom, and updated kitchen
    • Second floor: 2 bedrooms, large living room, dining room, full bathroom, and updated kitchen
    • Separate washer and dryers in the basement with lots of storage, plus separate meters for water, electric, and gas
    • Each unit includes a covered parking spot; hardwood in main living areas
    Updated: Jun 8
    View details
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Shelbyville, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 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.

    Live-Work Property with 6-Bay Shop
    $395,900
    1,296 SF
    Live-Work Property with 6-Bay Shop

    General Commercial property combining a 2-bedroom home with a detached 6-bay garage for automotive or contracting uses.

    2590 Bald Knob Road, Frankfort, KY 40601

    View details
    Duplex for Owner-Occupant Use
    $275,000
    1,570 SF
    Duplex for Owner-Occupant Use

    Duplex offering flexibility to live in one side and rent the other, with a roof approximately seven years old.

    201 HAWTHORNE Drive, Frankfort, KY 40601

    View details
    Louisville Land Multifamily Investment Opportunity
    $1,700,000
    Louisville Land Multifamily Investment Opportunity

    Prime location with approved plans for 60 units.

    9311 Old 6 Mile Lane, Louisville, KY 40299

    View details
    Hurstbourne Ridge Condo with Amenities
    $300,000
    2,765 SF
    Hurstbourne Ridge Condo with Amenities

    Well-maintained condo near shopping, dining, and medical centers.

    3745 Hurstbourne Ridge Blvd, Louisville, KY 40299

    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 Land Near Weissinger Golf
    $650,000
    22.00 Acres
    Residential Land Near Weissinger Golf

    22+/- acres of residential development land near Weissinger Golf Course.

    Weissinger Court lot: 72, Shelbyville, KY 40065

    View details
    Spacious Land in Stallard Springs
    $395,000
    14.76 Acres
    Spacious Land in Stallard Springs

    14.76 acres of land for a private estate.

    The ESTATE Tract at Stallard Springs, Shelbyville, KY 40065

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    Shelbyville Land with Pond
    $200,000
    7.04 Acres
    Shelbyville Land with Pond

    7.04 acre homesite with pond in Stallard Springs.

    Tract 95A Stallard Springs N, Shelbyville, KY 40065

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    Shelbyville Land with Horse Potential
    $215,000
    7.72 Acres
    Shelbyville Land with Horse Potential

    7.72 acre lot suitable for horses in Shelbyville, KY.

    Tract 94A Stallard Springs N, Shelbyville, KY 40065

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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
    Value Estimation by Request

    1018 Main St, Shelbyville, KY 40065-1350

    View details

    Shelbyville, KY Residential Income Properties Market Trends and Statistics

    Explore 2 residential income properties for sale in Shelbyville, KY on our real estate platform. These investment opportunities span a total of 3,872 square feet of properties for sale, with an estimated market value of $299,500.

    Sale prices for residential income properties in Shelbyville, KY start at $299,500, averaging $299,500, and reaching up to $299,500 — 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

    Duplexes 1
    Multifamily properties 1

    Demographics Overview

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

    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

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