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    Shelbyville, IN Short Term Rental Properties for Sale

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    Fairland, IN Morristown, IN Franklin, IN
    Downtown Mixed-Use Storefront Investment
    $574,900
    0.06 Acres
    Downtown Mixed-Use Storefront Investment

    12 S Harrison Street, Shelbyville, IN 46176

    Two-parcel property with three leased storefronts and partially finished second-floor space for adaptive reuse.
    • High annual income of over $50,000 from three fully leased storefronts.
    • Significant value‑add potential with 4,000+ sq ft of partially finished residential space for lofts, short‑term rentals, or office/studio conversions.
    • Prime location in the heart of Downtown Shelbyville's revitalized brick streetscape.
    • High visibility and strong foot traffic.
    • Stable tenants and flexible downtown commercial zoning.
    Updated: Nov 19, 2025
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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Shelbyville, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Turnkey Side-by-Side Duplex
    $265,000
    0.08 Acres
    Turnkey Side-by-Side Duplex

    Two occupied units with separate utilities, central heat/AC, and updated interiors, plus fenced outdoor space and alley parking.

    2610 E North Street, Indianapolis, IN 46201

    View details
    Two-Unit Duplex Income Property
    $120,000
    0.10 Acres
    Two-Unit Duplex Income Property

    Two-unit duplex offers tenant-occupied Unit A and a smaller improved Unit B needing light finishing touches.

    104 E North Street, Greenfield, IN 46140

    View details
    Restored Duplex with Separate Utilities
    $354,500
    0.17 Acres
    Restored Duplex with Separate Utilities

    Totally restored duplex offers an upstairs apartment with appliances and separate utilities, plus a professionally managed short-term unit.

    433 W Main Street, Greenfield, IN 46140

    View details
    Commercial Property Near Downtown
    $350,000
    Commercial Property Near Downtown

    Commercially zoned property operating as a successful Airbnb near downtown.

    1041 S East St, Indianapolis, IN 46225

    View details

    Shelbyville, IN Short Term Rental Properties Market Trends and Statistics

    Explore 1 short term rental properties for sale in Shelbyville, IN on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $574,900.

    Sale prices for short term rental properties in Shelbyville, IN start at $574,900, averaging $574,900, and reaching up to $574,900 — 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 3
    Apartment buildings 1
    Short term rental properties 1

    Demographics Overview

    Population 29K
    Population Growth (5Y) +3.5%
    Median Household Income $66,045
    College Educated 25.8%

    Taxes & Financing

    Tax Rate (average for all types) 2.29%
    Property Tax per SF $38.44 per SF
    Tax Rate vs County Average 0.06 pp above county avg
    Average Loan-to-Value 65.0%

    Property Size Breakdown

    The majority of commercial real estate listings in Shelbyville fall within the 10,000 to 25,000 square foot range.

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