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 184 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
916 Belvedere Dr Shelbyville, IN Spacious 4bedroom, 2.5 baths, over 2000 Sq.Ft., Open concept with Great room, Kitchen and ...	4 beds \| 2 baths \| 2,060 sq.ft.	$229,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.69% Airbnb Rental Income: $null Traditional Rental Income: $1853 Airbnb ROI: N/A Traditional ROI: 6.69%
862 Saraina Rd Shelbyville, IN Presenting a well maintained single-family residence, constructed in 2005, offering 1110 s...	2 beds \| 2 baths \| 1,110 sq.ft.	$212,500	Airbnb cash on cash: 0.61% Traditional cash on cash: 3.84% Airbnb Rental Income: $830 Traditional Rental Income: $1153 Airbnb ROI: 0.61% Traditional ROI: 3.84%
1440 Wilmington Blvd Shelbyville, IN Beautiful home located in popular Southern Trace! This home is darling and has been well ...	3 beds \| 2 baths \| 1,426 sq.ft.	$259,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.42% Airbnb Rental Income: $null Traditional Rental Income: $1543 Airbnb ROI: N/A Traditional ROI: 4.42%
1219 E Mckay Rd Shelbyville, IN This home is better than new! New Furnace/AC unit, Roof, paint on the exterior of this hom...	3 beds \| 2 baths \| 1,513 sq.ft.	$249,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.71% Airbnb Rental Income: $null Traditional Rental Income: $1648 Airbnb ROI: N/A Traditional ROI: 4.71%
2209 S Miller Ave Shelbyville, IN Investor and homebuyer opportunity! This property is being offered at a live auction on 12...	3 beds \| 1 baths \| 1,355 sq.ft.	$246,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.46% Airbnb Rental Income: $null Traditional Rental Income: $1172 Airbnb ROI: N/A Traditional ROI: 3.46%
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%
304 Foxridge Ct Shelbyville, IN Very nice 20 year old home in great condition in quiet neighborhood within city limits. Cl...	3 beds \| 2 baths \| 1,353 sq.ft.	$260,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.26% Airbnb Rental Income: $null Traditional Rental Income: $1465 Airbnb ROI: N/A Traditional ROI: 4.26%
2496 Turf Way Shelbyville, IN Welcome home to this beautifully custom-built residence in the highly desirable Trotters C...	3 beds \| 2 baths \| 3,253 sq.ft.	$434,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.23% Airbnb Rental Income: $null Traditional Rental Income: $2168 Airbnb ROI: N/A Traditional ROI: 3.23%
820 Blanchard St Shelbyville, IN Very clean and quaint older home, nice looking exterior, house has some updates. Master ...	3 beds \| 2 baths \| 2,360 sq.ft.	$214,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.68% Airbnb Rental Income: $null Traditional Rental Income: $1790 Airbnb ROI: N/A Traditional ROI: 6.68%
823 Center St Shelbyville, IN There's nothing like that new construction smell! RARE OPPORTUNITY - NEW BUILD WITHIN THE ...	3 beds \| 2 baths \| 1,640 sq.ft.	$239,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.55% Airbnb Rental Income: $null Traditional Rental Income: $1769 Airbnb ROI: N/A Traditional ROI: 5.55%
525 W Mechanic St Shelbyville, IN Welcome Home! This adorable, move-in ready bungalow offers 2 bedrooms, 1 bathroom, and ple...	2 beds \| 1 baths \| 2,016 sq.ft.	$205,000	Airbnb cash on cash: 0.52% Traditional cash on cash: 4.68% Airbnb Rental Income: $830 Traditional Rental Income: $1312 Airbnb ROI: 0.52% Traditional ROI: 4.68%
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%
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.	$185,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.85% Airbnb Rental Income: $null Traditional Rental Income: $1781 Airbnb ROI: N/A Traditional ROI: 7.85%
111 Fairfield Dr 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.	$199,000	Airbnb cash on cash: 0.87% Traditional cash on cash: 8.16% Airbnb Rental Income: $830 Traditional Rental Income: $1880 Airbnb ROI: 0.87% Traditional ROI: 8.16%
432 Lockerbie Rd Shelbyville, IN Gorgeous 3-bedroom Bedford Stone ranch in established neighborhood. Spacious back yard wi...	3 beds \| 1 baths \| 1,299 sq.ft.	$220,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.34% Airbnb Rental Income: $null Traditional Rental Income: $1299 Airbnb ROI: N/A Traditional ROI: 4.34%
2513 W 300 S Shelbyville, IN Central Indiana farmland introduces you to this classic Bedford Stone (possible 4BR/2.5BA)...	4 beds \| 2 baths \| 2,748 sq.ft.	$460,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.36% Airbnb Rental Income: $null Traditional Rental Income: $1474 Airbnb ROI: N/A Traditional ROI: 1.36%
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.	$205,000	Airbnb cash on cash: 0.46% Traditional cash on cash: 3.5% Airbnb Rental Income: $830 Traditional Rental Income: $1093 Airbnb ROI: 0.46% Traditional ROI: 3.5%
330 W Broadway St Shelbyville, IN Historic Charm Meets Modern Comfort! Step back in time and fall in love with this stunning...	3 beds \| 2 baths \| 5,477 sq.ft.	$299,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.71% Airbnb Rental Income: $null Traditional Rental Income: $1312 Airbnb ROI: N/A Traditional ROI: 2.71%
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.	$265,500	Airbnb cash on cash: N/A Traditional cash on cash: 8.09% Airbnb Rental Income: $null Traditional Rental Income: $2550 Airbnb ROI: N/A Traditional ROI: 8.09%
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%
142 W Franklin St Shelbyville, IN 142 W Franklin St, Shelbyville, IN 46176 \| Single Family Residential	3 beds \| 2 baths \| 2,400 sq.ft.	$380,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.65% Airbnb Rental Income: $null Traditional Rental Income: $2053 Airbnb ROI: N/A Traditional ROI: 3.65%
180 W Washington St Shelbyville, IN 180 W Washington St, Shelbyville, IN 46176 \| Single Family Residential	4 beds \| 2 baths \| 2,400 sq.ft.	$380,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.79% Airbnb Rental Income: $null Traditional Rental Income: $2102 Airbnb ROI: N/A Traditional ROI: 3.79%
167 W Franklin St Shelbyville, IN 167 W Franklin St, Shelbyville, IN 46176 \| Single Family Residential	3 beds \| 2 baths \| 2,400 sq.ft.	$380,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.65% Airbnb Rental Income: $null Traditional Rental Income: $2053 Airbnb ROI: N/A Traditional ROI: 3.65%
179 W Franklin St Shelbyville, IN 179 W Franklin St, Shelbyville, IN 46176 \| Single Family Residential	4 beds \| 2 baths \| 2,400 sq.ft.	$380,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.7% Airbnb Rental Income: $null Traditional Rental Income: $2069 Airbnb ROI: N/A Traditional ROI: 3.7%
225 N West St Shelbyville, IN 225 N West St, Shelbyville, IN 46176 \| Single Family Residential	3 beds \| 1 baths \| 1,715 sq.ft.	$150,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.37% Airbnb Rental Income: $null Traditional Rental Income: $1128 Airbnb ROI: N/A Traditional ROI: 5.37%
155 W Franklin St Shelbyville, IN 155 W Franklin St, Shelbyville, IN 46176 \| Single Family Residential	4 beds \| 2 baths \| 2,400 sq.ft.	$380,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.7% Airbnb Rental Income: $null Traditional Rental Income: $2069 Airbnb ROI: N/A Traditional ROI: 3.7%
143 W Franklin St Shelbyville, IN 143 W Franklin St, Shelbyville, IN 46176 \| Single Family Residential	4 beds \| 2 baths \| 2,400 sq.ft.	$380,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.71% Airbnb Rental Income: $null Traditional Rental Income: $2071 Airbnb ROI: N/A Traditional ROI: 3.71%
178 W Franklin St Shelbyville, IN 178 W Franklin St, Shelbyville, IN 46176 \| Single Family Residential	4 beds \| 2 baths \| 2,400 sq.ft.	$380,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.71% Airbnb Rental Income: $null Traditional Rental Income: $2073 Airbnb ROI: N/A Traditional ROI: 3.71%
154 W Franklin St Shelbyville, IN	4 beds \| 3 baths \| 2,400 sq.ft.	$380,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.36% Airbnb Rental Income: $null Traditional Rental Income: $2303 Airbnb ROI: N/A Traditional ROI: 4.36%
Simplicity 1953 Plan Shelbyville, IN	3 beds \| 2 baths \| 1,953 sq.ft.	$259,990	Airbnb cash on cash: N/A Traditional cash on cash: 4.55% Airbnb Rental Income: $null Traditional Rental Income: $1662 Airbnb ROI: N/A Traditional ROI: 4.55%
Bellamy Plan Shelbyville, IN Bellamy Plan, Shelbyville, IN 46176 \| Single Family Residential	4 beds \| 2 baths \| 2,053 sq.ft.	$289,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.44% Airbnb Rental Income: $null Traditional Rental Income: $1809 Airbnb ROI: N/A Traditional ROI: 4.44%
Chestnut Plan Shelbyville, IN	3 beds \| 2 baths \| 1,801 sq.ft.	$256,995	Airbnb cash on cash: N/A Traditional cash on cash: 4.39% Airbnb Rental Income: $null Traditional Rental Income: $1606 Airbnb ROI: N/A Traditional ROI: 4.39%
Walnut Plan Shelbyville, IN	3 beds \| 2 baths \| 1,228 sq.ft.	$229,995	Airbnb cash on cash: N/A Traditional cash on cash: 3.56% Airbnb Rental Income: $null Traditional Rental Income: $1269 Airbnb ROI: N/A Traditional ROI: 3.56%
Aspen II Plan Shelbyville, IN Aspen II Plan, Shelbyville, IN 46176 \| Single Family Residential	4 beds \| 2 baths \| 2,176 sq.ft.	$273,995	Airbnb cash on cash: N/A Traditional cash on cash: 4.95% Airbnb Rental Income: $null Traditional Rental Income: $1847 Airbnb ROI: N/A Traditional ROI: 4.95%
Hinkle Plan Shelbyville, IN	3 beds \| 2 baths \| 1,520 sq.ft.	$242,990	Airbnb cash on cash: N/A Traditional cash on cash: 4.01% Airbnb Rental Income: $null Traditional Rental Income: $1508 Airbnb ROI: N/A Traditional ROI: 4.01%
Simplicity 1350 Plan Shelbyville, IN	3 beds \| 2 baths \| 1,350 sq.ft.	$232,990	Airbnb cash on cash: N/A Traditional cash on cash: 3.92% Airbnb Rental Income: $null Traditional Rental Income: $1362 Airbnb ROI: N/A Traditional ROI: 3.92%
Simplicity 1594 Plan Shelbyville, IN	3 beds \| 2 baths \| 1,594 sq.ft.	$247,990	Airbnb cash on cash: N/A Traditional cash on cash: 4.37% Airbnb Rental Income: $null Traditional Rental Income: $1549 Airbnb ROI: N/A Traditional ROI: 4.37%
Cooper Plan Shelbyville, IN Cooper Plan, Shelbyville, IN 46176 \| Single Family Residential	4 beds \| 2 baths \| 2,813 sq.ft.	$305,995	Airbnb cash on cash: N/A Traditional cash on cash: 4.75% Airbnb Rental Income: $null Traditional Rental Income: $1991 Airbnb ROI: N/A Traditional ROI: 4.75%

Your search for investment property begins and ends here

Single Family Homes for Sale in Shelbyville, IN

916 Belvedere Dr

Shelbyville, IN

4 beds | 2 baths | 2,060 sq.ft.

$229,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.69%

Airbnb Rental Income: $null

Traditional Rental Income: $1853

Airbnb ROI: N/A

Traditional ROI: 6.69%

862 Saraina Rd

Shelbyville, IN

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

$212,500

Airbnb cash on cash: 0.61%

Traditional cash on cash: 3.84%

Airbnb Rental Income: $830

Traditional Rental Income: $1153

Airbnb ROI: 0.61%

Traditional ROI: 3.84%

1440 Wilmington Blvd

Shelbyville, IN

3 beds | 2 baths | 1,426 sq.ft.

$259,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.42%

Airbnb Rental Income: $null

Traditional Rental Income: $1543

Airbnb ROI: N/A

Traditional ROI: 4.42%

1219 E Mckay Rd

Shelbyville, IN

3 beds | 2 baths | 1,513 sq.ft.

$249,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.71%

Airbnb Rental Income: $null

Traditional Rental Income: $1648

Airbnb ROI: N/A

Traditional ROI: 4.71%

2209 S Miller Ave

Shelbyville, IN

3 beds | 1 baths | 1,355 sq.ft.

$246,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.46%

Airbnb Rental Income: $null

Traditional Rental Income: $1172

Airbnb ROI: N/A

Traditional ROI: 3.46%

844 W Franklin St

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%

304 Foxridge Ct

Shelbyville, IN

3 beds | 2 baths | 1,353 sq.ft.

$260,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.26%

Airbnb Rental Income: $null

Traditional Rental Income: $1465

Airbnb ROI: N/A

Traditional ROI: 4.26%

2496 Turf Way

Shelbyville, IN

3 beds | 2 baths | 3,253 sq.ft.

$434,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.23%

Airbnb Rental Income: $null

Traditional Rental Income: $2168

Airbnb ROI: N/A