Residential Income

Shelbyville, KY Residential Income Properties for Sale

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Simpsonville, KY Finchville, KY Waddy, KY Fisherville, KY Pleasureville, KY Bagdad, KY Eminence, KY Mount Eden, KY
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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Large Duplex with Covered Parking
Updated: Jul 20
Large Duplex with Covered Parking

342 Frankfort Rd, Shelbyville, KY 40065

$250,000
3,872 sqft
3,872 SF duplex with 3‑bedroom and 2‑bedroom units
Two updated kitchens with appliances conveying
Separate water, electric, and gas meters for each unit
Covered parking space provided for each residence
Basement includes separate laundry areas and storage
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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 11 Potential Opportunities for your consideration. Besides 2 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.

Remodeled Duplex Property
Remodeled Duplex Property

114 Hardin Ct, Taylorsville, KY 40071

$269,999
1,923 sqft 0.19 AC lot

Two updated homes share one lot, with separate utility metering and flexible bonus spaces.

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Four-Unit Quadplex
Four-Unit Quadplex

4116 Billtown Rd, Jeffersontown, KY 40299

$414,900
3,360 sqft 0.19 AC lot

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

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Occupied Four-Unit Property
Occupied Four-Unit Property

4116 Billtown Rd, Jeffersontown, KY 40299

$414,900
3,360 sqft

Fully occupied multifamily property with varied unit layouts, central air, and convenient access to shopping, employment, dining, and transportation.

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Two-Home Multifamily Property
Two-Home Multifamily Property

114 Hardin Ct, Taylorsville, KY 40071

$269,999
1,923 sqft

Remodeled, separately metered residences offer flexible layouts and current month-to-month occupancy near Taylorsville Lake.

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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.

Horses-Welcome Estate Acreage Lot
Horses-Welcome Estate Acreage Lot

Tract 94A Stallard Springs N, Shelbyville, KY 40065

$200,000
7.72 AC lot

A 7.72-acre lot in The Farm at Stallard Springs with horses welcome and community amenities.

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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

$294,900
21.41 AC lot

21.41 acres in Shelby County, partially wooded.

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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
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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 income 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 $639.5K

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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