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.

Single Family Homes for Sale in Shelbyville, IN

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

Showing 41 Single Family Residential 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
862 Saraina Road Shelbyville, IN Presenting a well maintained single-family residence, constructed in 2005, offering 1110 s...	2 beds \| 2 baths \| 1,110 sq.ft.	$225,000	Airbnb cash on cash: 0.27% Traditional cash on cash: 3.58% Airbnb Rental Income: $764 Traditional Rental Income: $1153 Airbnb ROI: 0.27% Traditional ROI: 3.58%
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%
2496 Turf Way Shelbyville, IN Welcome home to this beautifully custom-built residence in the highly desirable Trotters C...	3 beds \| 3 baths \| 3,253 sq.ft.	$439,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.18% Airbnb Rental Income: $null Traditional Rental Income: $2168 Airbnb ROI: N/A Traditional ROI: 3.18%
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%
525 W Mechanic Street Shelbyville, IN Welcome Home! This adorable, move-in ready bungalow offers 2 bedrooms, 1 bathroom, and ple...	2 beds \| 1 baths \| 1,512 sq.ft.	$219,900	Airbnb cash on cash: 0.16% Traditional cash on cash: 4.31% Airbnb Rental Income: $764 Traditional Rental Income: $1312 Airbnb ROI: 0.16% Traditional ROI: 4.31%
4150 W 600 S Shelbyville, IN This 3 bed, 1 bath all stone ranch is ready for new owners. Home features a generous livin...	3 beds \| 1 baths \| 864 sq.ft.	$200,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.66% Airbnb Rental Income: $null Traditional Rental Income: $1208 Airbnb ROI: N/A Traditional ROI: 4.66%
111 Fairfield Drive Shelbyville, IN Adorable 2-bedroom, 2-bath ranch home full of character and charm! From the moment you arr...	2 beds \| 2 baths \| 1,736 sq.ft.	$210,000	Airbnb cash on cash: 0.5% Traditional cash on cash: 7.7% Airbnb Rental Income: $764 Traditional Rental Income: $1880 Airbnb ROI: 0.5% Traditional ROI: 7.7%
330 W Broadway Street Shelbyville, IN Historic Charm Meets Modern Comfort! Step back in time and fall in love with this stunning...	3 beds \| 2 baths \| 4,113 sq.ft.	$305,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.64% Airbnb Rental Income: $null Traditional Rental Income: $1312 Airbnb ROI: N/A Traditional ROI: 2.64%
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.	$264,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.44% Airbnb Rental Income: $null Traditional Rental Income: $1956 Airbnb ROI: N/A Traditional ROI: 6.44%
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.	$404,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.59% Airbnb Rental Income: $null Traditional Rental Income: $2934 Airbnb ROI: N/A Traditional ROI: 5.59%
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.	$124,000	Airbnb cash on cash: 4.73% Traditional cash on cash: 7.04% Airbnb Rental Income: $1303 Traditional Rental Income: $1173 Airbnb ROI: 4.73% Traditional ROI: 7.04%
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%
168 W Broadway Street Shelbyville, IN Step inside and feel instantly at home in this spacious 5-bedroom property filled with nat...	5 beds \| 2 baths \| 1,970 sq.ft.	$264,900	Airbnb cash on cash: N/A Traditional cash on cash: 7% Airbnb Rental Income: $null Traditional Rental Income: $2304 Airbnb ROI: N/A Traditional ROI: 7%
570 Plowman Drive Shelbyville, IN Finally, an affordable dream home! This is the Washington floorplan by Davis Homes which o...	5 beds \| 3 baths \| 2,506 sq.ft.	$295,870	Airbnb cash on cash: N/A Traditional cash on cash: 6.27% Airbnb Rental Income: $null Traditional Rental Income: $2399 Airbnb ROI: N/A Traditional ROI: 6.27%
336 W Broadway Street Shelbyville, IN Don't let the modern exterior fool you-this stunning home is full of character and charm o...	4 beds \| 2 baths \| 4,108 sq.ft.	$309,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.35% Airbnb Rental Income: $null Traditional Rental Income: $2181 Airbnb ROI: N/A Traditional ROI: 5.35%
225 E Pennsylvania Street Shelbyville, IN Welcome home to this charming 3-bedroom, 1-bath property full of character and opportunity...	3 beds \| 1 baths \| 1,176 sq.ft.	$120,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.31% Airbnb Rental Income: $null Traditional Rental Income: $1324 Airbnb ROI: N/A Traditional ROI: 8.31%
818 Moriseni Avenue Shelbyville, IN Welcome To This Charming 3 Bed / 2 Bath Home . Freshly Painted, Full Privacy Fenced Back Y...	3 beds \| 2 baths \| 1,440 sq.ft.	$159,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.97% Airbnb Rental Income: $null Traditional Rental Income: $1438 Airbnb ROI: N/A Traditional ROI: 6.97%
1225 E Hazelwood Street S Shelbyville, IN UPDATE: Seller has cleaned and flushed the sewer system and will consider fixing the crawl...	4 beds \| 2 baths \| 1,656 sq.ft.	$195,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.38% Airbnb Rental Income: $null Traditional Rental Income: $2054 Airbnb ROI: N/A Traditional ROI: 9.38%
2590 S Smithland Road Shelbyville, IN Discover the inviting charm of this one owner home located at 2590 S Smithland RD in Shelb...	3 beds \| 2 baths \| 1,411 sq.ft.	$239,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.38% Airbnb Rental Income: $null Traditional Rental Income: $1838 Airbnb ROI: N/A Traditional ROI: 6.38%
939 Olmsted Court Shelbyville, IN Meet 939 Olmsted Ct, a residence recently updated with fresh interior paint and new applia...	4 beds \| 3 baths \| 1,846 sq.ft.	$242,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.77% Airbnb Rental Income: $null Traditional Rental Income: $2289 Airbnb ROI: N/A Traditional ROI: 7.77%
2620 N Richard Drive Shelbyville, IN Your own private backyard oasis awaits! Enjoy staycation vibes all summer long with a stun...	4 beds \| 3 baths \| 2,807 sq.ft.	$339,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.07% Airbnb Rental Income: $null Traditional Rental Income: $3169 Airbnb ROI: N/A Traditional ROI: 8.07%
2785 N Fleming Circle Shelbyville, IN This lovingly maintained ranch in sought-after Country Club Heights has been cherished by ...	3 beds \| 3 baths \| 1,530 sq.ft.	$250,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.3% Airbnb Rental Income: $null Traditional Rental Income: $2425 Airbnb ROI: N/A Traditional ROI: 8.3%
5599 N Brandywine Road Shelbyville, IN Escape to the peace and privacy of country living on 7.08 beautiful acres in the convenien...	4 beds \| 3 baths \| 3,368 sq.ft.	$775,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.08% Airbnb Rental Income: $null Traditional Rental Income: $2562 Airbnb ROI: N/A Traditional ROI: 2.08%
1553 Bush Way Shelbyville, IN This is a DR Horton Montgomery Floor Plan home built in 2019. This traditional designed tw...	3 beds \| 3 baths \| 2,854 sq.ft.	$384,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.18% Airbnb Rental Income: $null Traditional Rental Income: $2607 Airbnb ROI: N/A Traditional ROI: 5.18%
2023 Red Oak Court Shelbyville, IN Welcome home to this beautifully updated, spacious ranch home that perfectly balances mode...	3 beds \| 2 baths \| 1,530 sq.ft.	$239,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.65% Airbnb Rental Income: $null Traditional Rental Income: $1820 Airbnb ROI: N/A Traditional ROI: 5.65%
543 4th Street Shelbyville, IN Discover the charm of 543 4th St, an inviting 1240 sq ft single-family residence built in ...	3 beds \| 1 baths \| 1,240 sq.ft.	$179,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.13% Airbnb Rental Income: $null Traditional Rental Income: $1458 Airbnb ROI: N/A Traditional ROI: 6.13%
3465 W Smithland Freedom Street Shelbyville, IN Welcome to this spacious Shelbyville home offering over half an acre, a fully fenced backy...	3 beds \| 2 baths \| 1,496 sq.ft.	$260,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.95% Airbnb Rental Income: $null Traditional Rental Income: $2108 Airbnb ROI: N/A Traditional ROI: 6.95%
150 E Pennsylvania Street Shelbyville, IN Completed Reimagined 3 Bed/2 Full Bath in Perfect Shelbyville Location! New Roof, Newer Wi...	3 beds \| 2 baths \| 1,262 sq.ft.	$189,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.18% Airbnb Rental Income: $null Traditional Rental Income: $1539 Airbnb ROI: N/A Traditional ROI: 6.18%
1002 S Noble Street Shelbyville, IN Welcome to 1002 S Noble St in Shelbyville, a charming home situated on a desirable corner ...	4 beds \| 2 baths \| 1,607 sq.ft.	$179,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.66% Airbnb Rental Income: $null Traditional Rental Income: $2052 Airbnb ROI: N/A Traditional ROI: 9.66%
438 Colescott Street Shelbyville, IN Step right up to 438 Colescott ST in SHELBYVILLE, IN, where a delightful 1930 bungalow, sp...	3 beds \| 2 baths \| 1,271 sq.ft.	$155,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.34% Airbnb Rental Income: $null Traditional Rental Income: $1674 Airbnb ROI: N/A Traditional ROI: 9.34%
325 Wellington Boulevard Shelbyville, IN Super cute 2 bedroom 1 bath home located in Wellington neighborhood. Open layout makes thi...	2 beds \| 1 baths \| 720 sq.ft.	$172,900	Airbnb cash on cash: 0.31% Traditional cash on cash: 2.02% Airbnb Rental Income: $764 Traditional Rental Income: $729 Airbnb ROI: 0.31% Traditional ROI: 2.02%
1974 N Knightstown Road Shelbyville, IN Want to live in the country on an acre? This is a wonderful country cottage type home that...	2 beds \| 1 baths \| 1,658 sq.ft.	$149,900	Airbnb cash on cash: 0.63% Traditional cash on cash: 4.29% Airbnb Rental Income: $764 Traditional Rental Income: $972 Airbnb ROI: 0.63% Traditional ROI: 4.29%
5015 E 400 N Shelbyville, IN Bring your homestead vision to life on this unique 5.19-acre property bordered by the Litt...	3 beds \| 3 baths \| 1,615 sq.ft.	$349,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.74% Airbnb Rental Income: $null Traditional Rental Income: $1599 Airbnb ROI: N/A Traditional ROI: 2.74%
426 S 600 W Shelbyville, IN Welcome home to this charming farmhouse nestled on 1.18 acres acres.This spacious 3 bedroo...	3 beds \| 3 baths \| 1,960 sq.ft.	$325,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.1% Airbnb Rental Income: $null Traditional Rental Income: $2214 Airbnb ROI: N/A Traditional ROI: 5.1%
6485 W 100 S Shelbyville, IN Here is your "RARE FIND"! This attractive, move in ready, single-family, custom build, bri...	4 beds \| 3 baths \| 3,041 sq.ft.	$600,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.11% Airbnb Rental Income: $null Traditional Rental Income: $2648 Airbnb ROI: N/A Traditional ROI: 3.11%
53 W Pennsylvania Street Shelbyville, IN A short walk to beautiful and historic downtown Shelbyville, this cozy home offers hardwoo...	3 beds \| 1 baths \| 958 sq.ft.	$190,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.58% Airbnb Rental Income: $null Traditional Rental Income: $1199 Airbnb ROI: N/A Traditional ROI: 4.58%
326 W Taylor Street Shelbyville, IN Welcome home to a bungalow that blends comfort , functionality, and outdoor appeal. Relax ...	2 beds \| 1 baths \| 1,158 sq.ft.	$139,900	Airbnb cash on cash: 1.12% Traditional cash on cash: 7.31% Airbnb Rental Income: $764 Traditional Rental Income: $1279 Airbnb ROI: 1.12% Traditional ROI: 7.31%
1018 Stratford Lane Shelbyville, IN Experience the comfort of a brand-new home at an exceptional value. This beautifully craft...	3 beds \| 3 baths \| 1,664 sq.ft.	$260,990	Airbnb cash on cash: N/A Traditional cash on cash: 6.16% Airbnb Rental Income: $null Traditional Rental Income: $2065 Airbnb ROI: N/A Traditional ROI: 6.16%

Your search for investment property begins and ends here

Single Family Homes for Sale in Shelbyville, IN

862 Saraina Road

Shelbyville, IN

2 beds | 2 baths | 1,110 sq.ft.

$225,000

Airbnb cash on cash: 0.27%

Traditional cash on cash: 3.58%

Airbnb Rental Income: $764

Traditional Rental Income: $1153

Airbnb ROI: 0.27%

Traditional ROI: 3.58%

844 W Franklin Street

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%

2496 Turf Way

Shelbyville, IN

3 beds | 3 baths | 3,253 sq.ft.

$439,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.18%

Airbnb Rental Income: $null

Traditional Rental Income: $2168

Airbnb ROI: N/A

Traditional ROI: 3.18%

1120 Central Park Drive

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%

525 W Mechanic Street

Shelbyville, IN

2 beds | 1 baths | 1,512 sq.ft.

$219,900

Airbnb cash on cash: 0.16%

Traditional cash on cash: 4.31%

Airbnb Rental Income: $764

Traditional Rental Income: $1312

Airbnb ROI: 0.16%

Traditional ROI: 4.31%

4150 W 600 S

Shelbyville, IN

3 beds | 1 baths | 864 sq.ft.

$200,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.66%

Airbnb Rental Income: $null

Traditional Rental Income: $1208

Airbnb ROI: N/A

Traditional ROI: 4.66%

111 Fairfield Drive

Shelbyville, IN

2 beds | 2 baths | 1,736 sq.ft.

$210,000

Airbnb cash on cash: 0.5%

Traditional cash on cash: 7.7%

Airbnb Rental Income: $764

Traditional Rental Income: $1880

Airbnb ROI: 0.5%

Traditional ROI: 7.7%

330 W Broadway Street

Shelbyville, IN

3 beds | 2 baths | 4,113 sq.ft.

$305,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.64%

Airbnb Rental Income: $null

Traditional Rental Income: $1312

Airbnb ROI: N/A