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: 0.28% Traditional cash on cash: 1.13% Airbnb Rental Income: $1172 Traditional Rental Income: $1048 Airbnb ROI: 0.28% 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	$79,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.87% Airbnb Rental Income: $null Traditional Rental Income: $988 Airbnb ROI: N/A Traditional ROI: 6.87%
Other Investment Properties for Sale in Shelbyville
107 1st St Shelbyville , IN Spacious 3 bedroom home w/lots of curb appeal. 1 bdrm on main, 2 bdrms up w/nice size clos...	3 beds \| 1 baths \| 2,495 sq.ft.	$160,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.05% Airbnb Rental Income: $null Traditional Rental Income: $1241 Airbnb ROI: N/A Traditional ROI: 6.05%
844 W Franklin St Shelbyville , IN Wonderfully priced 3 bedroom property. Has been an investment property at $1200-1300/mo fo...	3 beds \| 1 baths \| 2,492 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%
1212 Bontrager Ln Shelbyville , IN New Construction by D.R. Horton! Welcome to the Hollister in Twin Lakes. This popular floo...	3 beds \| 2 baths \| 1,406 sq.ft.	$290,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.67% Airbnb Rental Income: $null Traditional Rental Income: $1626 Airbnb ROI: N/A Traditional ROI: 3.67%
525 W Mechanic St Shelbyville , IN Welcome Home! This adorable, move-in ready bungalow offers 2 bedrooms, 1 bathroom, and ...	2 beds \| 1 baths \| 2,016 sq.ft.	$234,900	Airbnb cash on cash: -0.12% Traditional cash on cash: 3.98% Airbnb Rental Income: $708 Traditional Rental Income: $1312 Airbnb ROI: -0.12% Traditional ROI: 3.98%
1315 Bontrager Ln Shelbyville , IN New Construction by D.R. Horton! Welcome to the Hollister in Twin Lakes. This popular floo...	3 beds \| 2 baths \| 1,406 sq.ft.	$305,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.34% Airbnb Rental Income: $null Traditional Rental Income: $1608 Airbnb ROI: N/A Traditional ROI: 3.34%
20 Colescott St Shelbyville , IN Don't miss out on the gem! 3 bedroom 2 full bathrooms, with laundry on the main level! C...	3 beds \| 2 baths \| 1,884 sq.ft.	$200,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.21% Airbnb Rental Income: $null Traditional Rental Income: $1781 Airbnb ROI: N/A Traditional ROI: 7.21%
632 Elm St Shelbyville , IN See this 1 story, 2 bedroom starter home located right in the heart of Shelbyville. This l...	2 beds \| 1 baths \| 1,420 sq.ft.	$230,000	Airbnb cash on cash: -0.16% Traditional cash on cash: 3.02% Airbnb Rental Income: $708 Traditional Rental Income: $1093 Airbnb ROI: -0.16% Traditional ROI: 3.02%
330 W Broadway St Shelbyville , IN Historic Charm Meets Modern Comfort! Step back in time and fall in love with this stunn...	3 beds \| 2 baths \| 5,477 sq.ft.	$319,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.47% Airbnb Rental Income: $null Traditional Rental Income: $1312 Airbnb ROI: N/A Traditional ROI: 2.47%
134 W Franklin St Shelbyville , IN The best of both worlds; beautiful new construction in the heart of town. Walkable to all...	4 beds \| 3 baths \| 2,400 sq.ft.	$380,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.41% Airbnb Rental Income: $null Traditional Rental Income: $2322 Airbnb ROI: N/A Traditional ROI: 4.41%
917 Balto Dr Shelbyville , IN Welcome to this charming 4-bedroom home in an unbeatable location! With spacious living ar...	4 beds \| 2 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%
13 W Rampart St Shelbyville , IN Located directly on the northbound corridor of State Road 9, this residential-zoned parcel...	3 beds \| 3 baths \| 3,648 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%
1598 S Thompson Rd 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.	$260,000	Airbnb cash on cash: -0.04% Traditional cash on cash: 4.72% Airbnb Rental Income: $708 Traditional Rental Income: $1568 Airbnb ROI: -0.04% Traditional ROI: 4.72%
1265 Shaw Ln 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 St 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: 3.64% Traditional cash on cash: 6.74% Airbnb Rental Income: $1172 Traditional Rental Income: $1173 Airbnb ROI: 3.64% Traditional ROI: 6.74%

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: 0.28%

Traditional cash on cash: 1.13%

Airbnb Rental Income: $1172

Traditional Rental Income: $1048

Airbnb ROI: 0.28%

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

$79,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.87%

Airbnb Rental Income: $null

Traditional Rental Income: $988

Airbnb ROI: N/A

Traditional ROI: 6.87%

Other Investment Properties for Sale in Shelbyville

Shelbyville , IN

3 beds | 1 baths | 2,495 sq.ft.

$160,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.05%

Airbnb Rental Income: $null

Traditional Rental Income: $1241

Airbnb ROI: N/A

Traditional ROI: 6.05%

Shelbyville , IN

3 beds | 1 baths | 2,492 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 | 1,406 sq.ft.

$290,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.67%

Airbnb Rental Income: $null

Traditional Rental Income: $1626

Airbnb ROI: N/A

Traditional ROI: 3.67%

Shelbyville , IN

2 beds | 1 baths | 2,016 sq.ft.

$234,900

Airbnb cash on cash: -0.12%

Traditional cash on cash: 3.98%

Airbnb Rental Income: $708

Traditional Rental Income: $1312

Airbnb ROI: -0.12%

Traditional ROI: 3.98%

Shelbyville , IN

3 beds | 2 baths | 1,406 sq.ft.

$305,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.34%

Airbnb Rental Income: $null

Traditional Rental Income: $1608

Airbnb ROI: N/A

Traditional ROI: 3.34%

Shelbyville , IN

3 beds | 2 baths | 1,884 sq.ft.

$200,000