Real Estate Investment Properties for Sale in Shelbyville, IN

Looking for investment property in Shelbyville, IN with high ROI ?

Explore a variety of short-term homes & houses in Shelbyville, IN. Invest wisely with VRBO & Shelbyville, IN Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Multi Family for Sale in Shelbyville, IN

Search for Multi Family for Sale in Shelbyville, Indiana. Browse all of Mashvisor’s Multi Family listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 3 Multi Family listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
617 W Franklin Street Shelbyville, IN CASH COW! CALLING ALL INVESTORS! Incredible opportunity in the booming Shelbyville Communi...	N/A beds \| N/A baths \| 2,884 sq.ft.	$324,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.13% Airbnb Rental Income: $null Traditional Rental Income: $1048 Airbnb ROI: N/A Traditional ROI: 1.13%
328 E Mechanic Street Shelbyville, IN A distinctive opportunity awaits that presents a truly great option for investors and all ...	4 beds \| 2 baths \| 2,240 sq.ft.	$120,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.3% Airbnb Rental Income: $null Traditional Rental Income: $951 Airbnb ROI: N/A Traditional ROI: 5.3%
328-330 W Mechanic Street Shelbyville, IN A distinctive opportunity awaits that presents a truly great option for investors and all ...	N/A beds \| N/A baths \| N/A	$99,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.3% Airbnb Rental Income: $null Traditional Rental Income: $988 Airbnb ROI: N/A Traditional ROI: 5.3%
Other Investment Properties for Sale in Shelbyville
929 Belvedere Drive Shelbyville , IN Convenient 2 bedroom, 2 full bath home now available in Central Park. This home features ...	2 beds \| 2 baths \| 1,028 sq.ft.	$185,000	Airbnb cash on cash: 0.82% Traditional cash on cash: 6.63% Airbnb Rental Income: $792 Traditional Rental Income: $1494 Airbnb ROI: 0.82% Traditional ROI: 6.63%
844 W Franklin Street Shelbyville , IN Wonderfully priced 3 bedroom property. Has been an investment property at $1200-1300/mo fo...	3 beds \| 1 baths \| 1,246 sq.ft.	$114,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.87% Airbnb Rental Income: $null Traditional Rental Income: $1257 Airbnb ROI: N/A Traditional ROI: 6.87%
835 S Harrison Street Shelbyville , IN This spacious 3-bedroom home offers more room than meets the eye! Inside, you'll find beau...	3 beds \| 2 baths \| 2,158 sq.ft.	$274,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.37% Airbnb Rental Income: $null Traditional Rental Income: $1954 Airbnb ROI: N/A Traditional ROI: 5.37%
1120 Central Park Drive Shelbyville , IN This single-family residence in Shelby County presents an inviting home and great floor pl...	4 beds \| 3 baths \| 4,993 sq.ft.	$237,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.85% Airbnb Rental Income: $null Traditional Rental Income: $2521 Airbnb ROI: N/A Traditional ROI: 8.85%
953 W McKay Road Shelbyville , IN This is a nice single story 2 bedroom 1 bath brick condo located in South High Garden-a sm...	2 beds \| 1 baths \| 952 sq.ft.	$110,000	Airbnb cash on cash: 0.45% Traditional cash on cash: 5.95% Airbnb Rental Income: $792 Traditional Rental Income: $1057 Airbnb ROI: 0.45% Traditional ROI: 5.95%
904 Hemlock Street Shelbyville , IN Welcome to the perfect home for entertaining! This 3 bedroom, 1.5 bath home features an op...	3 beds \| 2 baths \| 1,160 sq.ft.	$219,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.62% Airbnb Rental Income: $null Traditional Rental Income: $1769 Airbnb ROI: N/A Traditional ROI: 6.62%
917 Balto Drive Shelbyville , IN Welcome to this charming 4-bedroom home in an unbeatable location! With spacious living ar...	4 beds \| 3 baths \| 2,328 sq.ft.	$267,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.04% Airbnb Rental Income: $null Traditional Rental Income: $2550 Airbnb ROI: N/A Traditional ROI: 8.04%
2183 S Fairview Drive Shelbyville , IN This spacious ranch on Shelbyville's western corridor offers comfortable single-level livi...	4 beds \| 2 baths \| 1,404 sq.ft.	$259,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.58% Airbnb Rental Income: $null Traditional Rental Income: $1956 Airbnb ROI: N/A Traditional ROI: 6.58%
13 W Rampart Street Shelbyville , IN Located directly on the northbound corridor of State Road 9, this residential-zoned parcel...	3 beds \| 3 baths \| 1,824 sq.ft.	$900,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.68% Airbnb Rental Income: $null Traditional Rental Income: $2388 Airbnb ROI: N/A Traditional ROI: 1.68%
1265 Shaw Lane Shelbyville , IN Situated on one of the more private lots in the neighborhood, this 5-bedroom, 3-bath home ...	5 beds \| 3 baths \| 3,131 sq.ft.	$409,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.51% Airbnb Rental Income: $null Traditional Rental Income: $2934 Airbnb ROI: N/A Traditional ROI: 5.51%
1301 State Street Shelbyville , IN New laminate flooring, light fixtures, breaker panel, tile walk-in shower & vinyl windows!...	1 beds \| 1 baths \| 822 sq.ft.	$129,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.74% Airbnb Rental Income: $null Traditional Rental Income: $1173 Airbnb ROI: N/A Traditional ROI: 6.74%
606 W 450 S Shelbyville , IN This three bedroom one bath home located in the country has lots of updates. New roof, win...	3 beds \| 1 baths \| 910 sq.ft.	$130,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.95% Airbnb Rental Income: $null Traditional Rental Income: $1174 Airbnb ROI: N/A Traditional ROI: 6.95%
904 Moriseni Street Shelbyville , IN Ready to move-in home now available! This 2 bedroom 1 bath home has a new roof, vinyl sid...	2 beds \| 1 baths \| 625 sq.ft.	$139,000	Airbnb cash on cash: 1% Traditional cash on cash: 4.38% Airbnb Rental Income: $792 Traditional Rental Income: $922 Airbnb ROI: 1% Traditional ROI: 4.38%
455 W Franklin Street Shelbyville , IN If you're looking for space to spread out, this 4-bedroom, 2 full bath home delivers! Gene...	4 beds \| 2 baths \| 2,532 sq.ft.	$199,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.75% Airbnb Rental Income: $null Traditional Rental Income: $2283 Airbnb ROI: N/A Traditional ROI: 9.75%

Your search for investment property begins and ends here

Multi Family for Sale in Shelbyville, IN

617 W Franklin Street

Shelbyville, IN

N/A beds | N/A baths | 2,884 sq.ft.

$324,900

Airbnb cash on cash: N/A

Traditional cash on cash: 1.13%

Airbnb Rental Income: $null

Traditional Rental Income: $1048

Airbnb ROI: N/A

Traditional ROI: 1.13%

328 E Mechanic Street

Shelbyville, IN

4 beds | 2 baths | 2,240 sq.ft.

$120,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.3%

Airbnb Rental Income: $null

Traditional Rental Income: $951

Airbnb ROI: N/A

Traditional ROI: 5.3%

328-330 W Mechanic Street

Shelbyville, IN

N/A beds | N/A baths | N/A

$99,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.3%

Airbnb Rental Income: $null

Traditional Rental Income: $988

Airbnb ROI: N/A

Traditional ROI: 5.3%

Other Investment Properties for Sale in Shelbyville

Shelbyville , IN

2 beds | 2 baths | 1,028 sq.ft.

$185,000

Airbnb cash on cash: 0.82%

Traditional cash on cash: 6.63%

Airbnb Rental Income: $792

Traditional Rental Income: $1494

Airbnb ROI: 0.82%

Traditional ROI: 6.63%

Shelbyville , IN

3 beds | 1 baths | 1,246 sq.ft.

$114,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.87%

Airbnb Rental Income: $null

Traditional Rental Income: $1257

Airbnb ROI: N/A

Traditional ROI: 6.87%

Shelbyville , IN

3 beds | 2 baths | 2,158 sq.ft.

$274,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.37%

Airbnb Rental Income: $null

Traditional Rental Income: $1954

Airbnb ROI: N/A

Traditional ROI: 5.37%

Shelbyville , IN

4 beds | 3 baths | 4,993 sq.ft.

$237,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.85%

Airbnb Rental Income: $null

Traditional Rental Income: $2521

Airbnb ROI: N/A

Traditional ROI: 8.85%

Shelbyville , IN

2 beds | 1 baths | 952 sq.ft.

$110,000

Airbnb cash on cash: 0.45%

Traditional cash on cash: 5.95%

Airbnb Rental Income: $792

Traditional Rental Income: $1057

Airbnb ROI: 0.45%

Traditional ROI: 5.95%

Shelbyville , IN

3 beds | 2 baths | 1,160 sq.ft.

$219,900