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.

Dallas Investment Property For Salelent Property for Sale in Shelbyville, IN

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Showing 34 Dallas Investment Property For Salelent Property 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
1121 W Washington Avenue Shelbyville, IN Enjoy the feel of country living while maintaining easy access to schools and stores in th...	2 beds \| 1 baths \| 1,472 sq.ft.	$240,000	Airbnb cash on cash: 2.58% Traditional cash on cash: 4.45% Airbnb Rental Income: $1386 Traditional Rental Income: $1391 Airbnb ROI: 2.58% Traditional ROI: 4.45%
316 W Broadway Street Shelbyville, IN Step into timeless elegance & modern comfort in this beautifully preserved historic home, ...	5 beds \| 3 baths \| 3,959 sq.ft.	$357,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.04% Airbnb Rental Income: $null Traditional Rental Income: $3318 Airbnb ROI: N/A Traditional ROI: 8.04%
1305 Bontrager Lane Shelbyville, IN Welcome Home! This home was built at end of 2022 & owners have put in over $50K in upgrade...	4 beds \| 3 baths \| 3,631 sq.ft.	$419,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.1% Airbnb Rental Income: $null Traditional Rental Income: $1670 Airbnb ROI: N/A Traditional ROI: 2.1%
215 W Franklin Street Shelbyville, IN Looking to expand your investment portfolio or start your journey in real estate? This cha...	N/A beds \| N/A baths \| N/A	$159,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.65% Airbnb Rental Income: $null Traditional Rental Income: $1355 Airbnb ROI: N/A Traditional ROI: 6.65%
2326 Saddle Drive Shelbyville, IN Discover maintenance-free living in the desirable Villas at Derby Run within Trotters Chas...	2 beds \| 3 baths \| 2,376 sq.ft.	$385,000	Airbnb cash on cash: -0.41% Traditional cash on cash: 4.03% Airbnb Rental Income: $1386 Traditional Rental Income: $2566 Airbnb ROI: -0.41% Traditional ROI: 4.03%
1445 S 750 W Shelbyville, IN Nestled at 1445 S 750 W, SHELBYVILLE, IN, this single-family residence in SHELBY County pr...	4 beds \| 2 baths \| 2,157 sq.ft.	$198,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.91% Airbnb Rental Income: $null Traditional Rental Income: $2318 Airbnb ROI: N/A Traditional ROI: 9.91%
1033 Fuller Lane 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.	$299,990	Airbnb cash on cash: N/A Traditional cash on cash: 7.32% Airbnb Rental Income: $null Traditional Rental Income: $2726 Airbnb ROI: N/A Traditional ROI: 7.32%
558 Plowman Drive Shelbyville, IN This is the opportunity you have been waiting for! A brand-new, 4 bedroom home in Stratfor...	4 beds \| 3 baths \| 1,445 sq.ft.	$244,490	Airbnb cash on cash: N/A Traditional cash on cash: 6.75% Airbnb Rental Income: $null Traditional Rental Income: $2124 Airbnb ROI: N/A Traditional ROI: 6.75%
2413 Griton Court Shelbyville, IN Motivated Seller!!! Come see this beautiful family home in beautiful Overlook Subdivision....	4 beds \| 3 baths \| 2,349 sq.ft.	$499,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.75% Airbnb Rental Income: $null Traditional Rental Income: $2615 Airbnb ROI: N/A Traditional ROI: 3.75%
576 Plowman Drive Shelbyville, IN At last an opportunity to live in a brand-new home at an affordable price. This beautiful ...	4 beds \| 3 baths \| 1,716 sq.ft.	$272,990	Airbnb cash on cash: N/A Traditional cash on cash: 5.7% Airbnb Rental Income: $null Traditional Rental Income: $2080 Airbnb ROI: N/A Traditional ROI: 5.7%
1381 Delacorte Circle Shelbyville, IN This nearly new 3-bedroom, 2.5-bathroom home offers just the right amount of space, around...	3 beds \| 3 baths \| 2,366 sq.ft.	$287,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.73% Airbnb Rental Income: $null Traditional Rental Income: $2493 Airbnb ROI: N/A Traditional ROI: 7.73%
1041 Fuller Lane Shelbyville, IN Another brand-new, affordable dream home by Davis Homes. This is the Roosevelt floorplan, ...	4 beds \| 3 baths \| 2,196 sq.ft.	$288,990	Airbnb cash on cash: N/A Traditional cash on cash: 7.1% Airbnb Rental Income: $null Traditional Rental Income: $2574 Airbnb ROI: N/A Traditional ROI: 7.1%
233 W Jackson St Shelbyville, IN Occupied Property Disclosure. Buyer acknowledges and understands that property herein is r...	2 beds \| 2 baths \| 1,512 sq.ft.	$160,000	Airbnb cash on cash: 3.45% Traditional cash on cash: 8.9% Airbnb Rental Income: $1386 Traditional Rental Income: $1799 Airbnb ROI: 3.45% Traditional ROI: 8.9%
3081 Woodridge Road Shelbyville, IN You will love this tranquil and beautiful country setting on 1 acre just outside of town. ...	4 beds \| 2 baths \| 2,450 sq.ft.	$289,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.25% Airbnb Rental Income: $null Traditional Rental Income: $2470 Airbnb ROI: N/A Traditional ROI: 7.25%
3107 N 100 W Shelbyville, IN Don't miss out on this one! Nestled just outside of Shelbyville this 3 bed, 2 bath home h...	3 beds \| 2 baths \| 2,628 sq.ft.	$364,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.95% Airbnb Rental Income: $null Traditional Rental Income: $2263 Airbnb ROI: N/A Traditional ROI: 4.95%
1073 Fuller Lane Shelbyville, IN Welcome to the Grant floorplan by Davis Homes. This thoughtfully designed, cozy ranch floo...	3 beds \| 2 baths \| 1,294 sq.ft.	$251,990	Airbnb cash on cash: N/A Traditional cash on cash: 5.7% Airbnb Rental Income: $null Traditional Rental Income: $1887 Airbnb ROI: N/A Traditional ROI: 5.7%
629 S Miller Street Shelbyville, IN Welcome Home to this gorgeous American Foursquare in the heart of Shelbyville. This home i...	3 beds \| 3 baths \| 4,014 sq.ft.	$335,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.75% Airbnb Rental Income: $null Traditional Rental Income: $2404 Airbnb ROI: N/A Traditional ROI: 5.75%
316 E Mechanic Street Shelbyville, IN Feast your eyes on the delightful domicile awaiting at 316 E Mechanic ST, SHELBYVILLE, IN!...	3 beds \| 2 baths \| 1,903 sq.ft.	$199,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.02% Airbnb Rental Income: $null Traditional Rental Income: $2075 Airbnb ROI: N/A Traditional ROI: 9.02%
930 Eagle Brook Drive Shelbyville, IN Seller may consider buyer concessions if made in an offer. Welcome home to this charming 3...	3 beds \| 2 baths \| 1,358 sq.ft.	$244,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.34% Airbnb Rental Income: $null Traditional Rental Income: $1730 Airbnb ROI: N/A Traditional ROI: 5.34%
2900 N Michigan Road Shelbyville, IN This Home in Triton Central School District on almost an acre (.92), has 3 bedrooms, 3 bat...	3 beds \| 3 baths \| 1,920 sq.ft.	$359,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.07% Airbnb Rental Income: $null Traditional Rental Income: $2600 Airbnb ROI: N/A Traditional ROI: 6.07%
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%
1121 Central Park Drive Shelbyville, IN Need more SPACE? We've got you. 1121 Central Park Drive in Shelbyville offers a whopping 3...	4 beds \| 3 baths \| 3,401 sq.ft.	$260,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.11% Airbnb Rental Income: $null Traditional Rental Income: $2556 Airbnb ROI: N/A Traditional ROI: 8.11%
1598 S Thompson Road Shelbyville, IN All brick ranch resting on .73 acres now available just outside of town! This home featur...	2 beds \| 2 baths \| 1,176 sq.ft.	$269,000	Airbnb cash on cash: 2.16% Traditional cash on cash: 4.53% Airbnb Rental Income: $1386 Traditional Rental Income: $1568 Airbnb ROI: 2.16% Traditional ROI: 4.53%
2370 Steeple Chase #9 Shelbyville, IN Condo is back on Market - NO fault of Home. Located at 2370 Steeple Chase in Trotter's C...	2 beds \| 2 baths \| 1,157 sq.ft.	$219,900	Airbnb cash on cash: 0.75% Traditional cash on cash: 4.56% Airbnb Rental Income: $1386 Traditional Rental Income: $1760 Airbnb ROI: 0.75% Traditional ROI: 4.56%
1688 Cardinal Lane Shelbyville, IN With some updating, this can be a great home for a growing family, young professional, emp...	3 beds \| 1 baths \| 864 sq.ft.	$119,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.84% Airbnb Rental Income: $null Traditional Rental Income: $1310 Airbnb ROI: N/A Traditional ROI: 8.84%
428 W Washington Street Shelbyville, IN Beautiful older home in the heart of Shelbyville offering 3 bedrooms and 1 full bath, now ...	3 beds \| 1 baths \| 1,344 sq.ft.	$165,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.51% Airbnb Rental Income: $null Traditional Rental Income: $1508 Airbnb ROI: N/A Traditional ROI: 7.51%
3063 W 200 N Shelbyville, IN Beautifully updated 3bd, 2ba classic home set on 2.5 serene acres. Blending modern updates...	3 beds \| 2 baths \| 2,552 sq.ft.	$350,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.43% Airbnb Rental Income: $null Traditional Rental Income: $2327 Airbnb ROI: N/A Traditional ROI: 5.43%
1237 Elm Street Shelbyville, IN Very nice updated 2 bedroom 1 bath home located in the heart of Shelbyville. Enjoy your m...	2 beds \| 1 baths \| 880 sq.ft.	$159,900	Airbnb cash on cash: 3.88% Traditional cash on cash: 5.72% Airbnb Rental Income: $1386 Traditional Rental Income: $1247 Airbnb ROI: 3.88% Traditional ROI: 5.72%
905 Governors Lane Shelbyville, IN This mid-90's home just got a make-over that would rival even the likes of "She's All That...	3 beds \| 2 baths \| 1,344 sq.ft.	$245,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.95% Airbnb Rental Income: $null Traditional Rental Income: $1740 Airbnb ROI: N/A Traditional ROI: 4.95%
1265 Shaw Lane Shelbyville, IN Located on one of the more private lots in the neighborhood, this 5-bedroom, 3-bath beauty...	5 beds \| 3 baths \| 3,131 sq.ft.	$419,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.36% Airbnb Rental Income: $null Traditional Rental Income: $2934 Airbnb ROI: N/A Traditional ROI: 5.36%
110 N Hamilton Street Shelbyville, IN Amazing opportunity to own your own home at this 2 bedroom 1 bath, 1 level in the heart of...	2 beds \| 1 baths \| 1,172 sq.ft.	$125,000	Airbnb cash on cash: 5.52% Traditional cash on cash: 7.5% Airbnb Rental Income: $1386 Traditional Rental Income: $1205 Airbnb ROI: 5.52% Traditional ROI: 7.5%
721 Main Street Shelbyville, IN Charming 2-Bedroom Home with Private Backyard & Pole Barn This delightful 2-bedroom hom...	2 beds \| 1 baths \| 1,505 sq.ft.	$199,000	Airbnb cash on cash: 2.9% Traditional cash on cash: 5.51% Airbnb Rental Income: $1386 Traditional Rental Income: $1459 Airbnb ROI: 2.9% Traditional ROI: 5.51%
2204 Cherrybark Court Shelbyville, IN This charming 3-bedroom, 2-bath ranch home sits on a quiet cul-de-sac lot. From the welcom...	3 beds \| 2 baths \| 1,390 sq.ft.	$250,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.11% Airbnb Rental Income: $null Traditional Rental Income: $1042 Airbnb ROI: N/A Traditional ROI: 2.11%
1617 S Riley Highway Shelbyville, IN Step into timeless elegance at 1617 S Riley HWY! Built in 1930, this home offers a blend o...	4 beds \| 3 baths \| 1,854 sq.ft.	$257,500	Airbnb cash on cash: N/A Traditional cash on cash: 4.03% Airbnb Rental Income: $null Traditional Rental Income: $1501 Airbnb ROI: N/A Traditional ROI: 4.03%

Your search for investment property begins and ends here

Dallas Investment Property For Salelent Property for Sale in Shelbyville, IN

1121 W Washington Avenue

Shelbyville, IN

2 beds | 1 baths | 1,472 sq.ft.

$240,000

Airbnb cash on cash: 2.58%

Traditional cash on cash: 4.45%

Airbnb Rental Income: $1386

Traditional Rental Income: $1391

Airbnb ROI: 2.58%

Traditional ROI: 4.45%

316 W Broadway Street

Shelbyville, IN

5 beds | 3 baths | 3,959 sq.ft.

$357,900

Airbnb cash on cash: N/A

Traditional cash on cash: 8.04%

Airbnb Rental Income: $null

Traditional Rental Income: $3318

Airbnb ROI: N/A

Traditional ROI: 8.04%

1305 Bontrager Lane

Shelbyville, IN

4 beds | 3 baths | 3,631 sq.ft.

$419,900

Airbnb cash on cash: N/A

Traditional cash on cash: 2.1%

Airbnb Rental Income: $null

Traditional Rental Income: $1670

Airbnb ROI: N/A

Traditional ROI: 2.1%

215 W Franklin Street

Shelbyville, IN

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

$159,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.65%

Airbnb Rental Income: $null

Traditional Rental Income: $1355

Airbnb ROI: N/A

Traditional ROI: 6.65%

2326 Saddle Drive

Shelbyville, IN

2 beds | 3 baths | 2,376 sq.ft.

$385,000

Airbnb cash on cash: -0.41%

Traditional cash on cash: 4.03%

Airbnb Rental Income: $1386

Traditional Rental Income: $2566

Airbnb ROI: -0.41%

Traditional ROI: 4.03%

1445 S 750 W

Shelbyville, IN

4 beds | 2 baths | 2,157 sq.ft.

$198,000

Airbnb cash on cash: N/A

Traditional cash on cash: 9.91%

Airbnb Rental Income: $null

Traditional Rental Income: $2318

Airbnb ROI: N/A

Traditional ROI: 9.91%

1033 Fuller Lane

Shelbyville, IN

5 beds | 3 baths | 2,506 sq.ft.

$299,990

Airbnb cash on cash: N/A

Traditional cash on cash: 7.32%

Airbnb Rental Income: $null

Traditional Rental Income: $2726

Airbnb ROI: N/A

Traditional ROI: 7.32%

558 Plowman Drive

Shelbyville, IN

4 beds | 3 baths | 1,445 sq.ft.

$244,490

Airbnb cash on cash: N/A

Traditional cash on cash: 6.75%

Airbnb Rental Income: $null

Traditional Rental Income: $2124

Airbnb ROI: N/A