Real Estate Investment Properties for Sale in Shelbyville, KY

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

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

Investment Property for Sale in Shelbyville, KY

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
3017 Barlows Brook Road Shelbyville, KY A growing family or a family with needed growing room can have that and more at 3017 Barlo...	4 beds \| 3 baths \| 1,950 sq.ft.	$339,900	Airbnb cash on cash: 3.6% Traditional cash on cash: 4.66% Airbnb Rental Income: $2430 Traditional Rental Income: $2175 Airbnb ROI: 3.6% Traditional ROI: 4.66%
3290 Rockbridge Rd Shelbyville, KY STOP! You Found it.. This immaculate 3700+ sf home Has loads of room. 1st Floor features i...	4 beds \| 2 baths \| 3,759 sq.ft.	$749,900	Airbnb cash on cash: 0.92% Traditional cash on cash: 1.73% Airbnb Rental Income: $2430 Traditional Rental Income: $2405 Airbnb ROI: 0.92% Traditional ROI: 1.73%
50 Wexford Ct Shelbyville, KY MOVE-IN ready home just minutes from I-64. This home has 3 bedrooms, 2 baths, and since ...	3 beds \| 2 baths \| 1,376 sq.ft.	$290,000	Airbnb cash on cash: 2.54% Traditional cash on cash: 4.37% Airbnb Rental Income: $1714 Traditional Rental Income: $1737 Airbnb ROI: 2.54% Traditional ROI: 4.37%
502 Locust Lane Shelbyville, KY A Rare Offering in the Heart of Shelby County, Kentucky. This extraordinary estate redefin...	4 beds \| 5 baths \| 3,276 sq.ft.	$1,900,000	Airbnb cash on cash: -0.87% Traditional cash on cash: 0.66% Airbnb Rental Income: $2430 Traditional Rental Income: $4537 Airbnb ROI: -0.87% Traditional ROI: 0.66%
448 Oakview Dr Shelbyville, KY NEW LISTING! Open House August 24 Sunday 2-4 PM. 448 Oakview Dr, Shelbyville KY 40065 i...	3 beds \| 2 baths \| 1,585 sq.ft.	$314,950	Airbnb cash on cash: 2.02% Traditional cash on cash: 5.91% Airbnb Rental Income: $1714 Traditional Rental Income: $2394 Airbnb ROI: 2.02% Traditional ROI: 5.91%
6041 Edgemont Way Shelbyville, KY Beautiful ranch home with an open-concept layout perfect for modern living. The warm, invi...	3 beds \| 2 baths \| 1,489 sq.ft.	$289,900	Airbnb cash on cash: 2.22% Traditional cash on cash: 4.58% Airbnb Rental Income: $1714 Traditional Rental Income: $1883 Airbnb ROI: 2.22% Traditional ROI: 4.58%
2891 Benson Pike Shelbyville, KY Private Setting and convenient location near schools, grocery and within walking distance ...	3 beds \| 2 baths \| 2,352 sq.ft.	$399,000	Airbnb cash on cash: 1.66% Traditional cash on cash: 4.09% Airbnb Rental Income: $1714 Traditional Rental Income: $2149 Airbnb ROI: 1.66% Traditional ROI: 4.09%
3000 squire Cir Shelbyville, KY Welcome home to this well-maintained 3-bedroom, 2-bath ranch-style home in the heart of Sh...	3 beds \| 2 baths \| 1,419 sq.ft.	$280,000	Airbnb cash on cash: 2.49% Traditional cash on cash: 4.56% Airbnb Rental Income: $1714 Traditional Rental Income: $1786 Airbnb ROI: 2.49% Traditional ROI: 4.56%
109 Beechwood Ave Shelbyville, KY Welcome to your new home located in the heart of Shelbyville! You don't want to miss out ...	3 beds \| 2 baths \| 1,339 sq.ft.	$249,900	Airbnb cash on cash: 3.62% Traditional cash on cash: 5.53% Airbnb Rental Income: $1714 Traditional Rental Income: $1689 Airbnb ROI: 3.62% Traditional ROI: 5.53%
118 BEECHWOOD Avenue Shelbyville, KY CHARMING CAPE COD...MOVE-IN READY...CONVENIENT LOCATION...This Delightful 4 Bedroom, 1.5 B...	4 beds \| 2 baths \| 2,924 sq.ft.	$325,000	Airbnb cash on cash: 3.85% Traditional cash on cash: 6.04% Airbnb Rental Income: $2430 Traditional Rental Income: $2504 Airbnb ROI: 3.85% Traditional ROI: 6.04%
223 Twin Springs Court Shelbyville, KY This well maintained patio home is conveniently located offering a great commute between L...	2 beds \| 2 baths \| 1,240 sq.ft.	$299,900	Airbnb cash on cash: 1.07% Traditional cash on cash: 3.38% Airbnb Rental Income: $1609 Traditional Rental Income: $1804 Airbnb ROI: 1.07% Traditional ROI: 3.38%
1027 Main St Shelbyville, KY Turn-key Duplex \| Fully Furnished \| $99K+ STR Revenue in 2024 \| Bookings Already in Place ...	4 beds \| N/A baths \| 2,364 sq.ft.	$579,900	Airbnb cash on cash: 0.67% Traditional cash on cash: 2.98% Airbnb Rental Income: $1609 Traditional Rental Income: $2403 Airbnb ROI: 0.67% Traditional ROI: 2.98%
1508 Robin Rd Shelbyville, KY Located in the friendly and peaceful Robin Place community, this beautiful two-story home ...	4 beds \| 3 baths \| 2,053 sq.ft.	$314,000	Airbnb cash on cash: 4% Traditional cash on cash: 6.16% Airbnb Rental Income: $2430 Traditional Rental Income: $2473 Airbnb ROI: 4% Traditional ROI: 6.16%
639 S Stallard Dr Shelbyville, KY Built in 2023 with over 4000sqft finished, this Stallard Springs home is practically like ...	4 beds \| 4 baths \| 4,650 sq.ft.	$929,900	Airbnb cash on cash: 0.11% Traditional cash on cash: 0.65% Airbnb Rental Income: $2430 Traditional Rental Income: $2311 Airbnb ROI: 0.11% Traditional ROI: 0.65%
909 Miller Ave Shelbyville, KY GET READY TO PURCHASE NOW BECAUSE THIS HOUSE WON'T LAST LONG. 4-5 BEDROOMS, POPULAR NEIGH...	4 beds \| 3 baths \| 2,430 sq.ft.	$418,500	Airbnb cash on cash: 3.19% Traditional cash on cash: 4.21% Airbnb Rental Income: $2430 Traditional Rental Income: $2234 Airbnb ROI: 3.19% Traditional ROI: 4.21%
3344 Frankfort Rd Shelbyville, KY Welcome to this like-new 3 bedroom, 2.5 bathroom home set on 5 beautiful acres, offering t...	3 beds \| 3 baths \| 2,443 sq.ft.	$744,500	Airbnb cash on cash: -0.2% Traditional cash on cash: 2.61% Airbnb Rental Income: $1714 Traditional Rental Income: $3194 Airbnb ROI: -0.2% Traditional ROI: 2.61%
435 Inspiration Lane Shelbyville, KY Welcome to this gorgeous 2-story home located in a desirable Discovery Point Subdivision o...	3 beds \| 3 baths \| 2,017 sq.ft.	$419,900	Airbnb cash on cash: 0.98% Traditional cash on cash: 4.89% Airbnb Rental Income: $1714 Traditional Rental Income: $2777 Airbnb ROI: 0.98% Traditional ROI: 4.89%
528 Navaho Rd Shelbyville, KY Set in the Town N Country neighborhood located across from the Shelbyville Country Club, t...	4 beds \| 3 baths \| 3,232 sq.ft.	$425,000	Airbnb cash on cash: 2.52% Traditional cash on cash: 3.03% Airbnb Rental Income: $2430 Traditional Rental Income: $2039 Airbnb ROI: 2.52% Traditional ROI: 3.03%
226 Education Way Shelbyville, KY Welcome to this one year old home that's better than brand new. Completed in 2024 just a ...	4 beds \| 3 baths \| 2,711 sq.ft.	$500,000	Airbnb cash on cash: 1.81% Traditional cash on cash: 3.5% Airbnb Rental Income: $2430 Traditional Rental Income: $2629 Airbnb ROI: 1.81% Traditional ROI: 3.5%
1216 Christianburg Rd Shelbyville, KY STOP RIGHT HERE! One of Shelby County's Finest Farms! This 15.55 Acres w/nice Home & Barns...	3 beds \| 2 baths \| 2,300 sq.ft.	$599,000	Airbnb cash on cash: 0.81% Traditional cash on cash: 1.96% Airbnb Rental Income: $1714 Traditional Rental Income: $1880 Airbnb ROI: 0.81% Traditional ROI: 1.96%
575 Moody Pike Shelbyville, KY Discover this beautifully restored estate home, circa 1860, and horse farm on 13.46+/- acr...	5 beds \| 4 baths \| 5,500 sq.ft.	$1,700,000	Airbnb cash on cash: -0.86% Traditional cash on cash: 0.28% Airbnb Rental Income: $2230 Traditional Rental Income: $3465 Airbnb ROI: -0.86% Traditional ROI: 0.28%
5300 Eminence Pike Shelbyville, KY $100K+ Gross Short-Term Rental Potential + Indoor Soccer Pavilion + Workshop/Party Barn + ...	3 beds \| 3 baths \| 1,932 sq.ft.	$844,500	Airbnb cash on cash: 0.02% Traditional cash on cash: 1.27% Airbnb Rental Income: $1714 Traditional Rental Income: $2223 Airbnb ROI: 0.02% Traditional ROI: 1.27%
653 Revelation Way Shelbyville, KY New construction by Fischer Homes in the beautiful Discovery Point community with the Cumb...	4 beds \| 3 baths \| 2,452 sq.ft.	$469,990	Airbnb cash on cash: 2.04% Traditional cash on cash: 3.5% Airbnb Rental Income: $2430 Traditional Rental Income: $2481 Airbnb ROI: 2.04% Traditional ROI: 3.5%
206 Jail Hill Road Shelbyville, KY Minutes from the heart of Shelbyville and the interstate with easy access to local shops, ...	3 beds \| 2 baths \| 1,850 sq.ft.	$525,000	Airbnb cash on cash: 1.15% Traditional cash on cash: 2.73% Airbnb Rental Income: $1714 Traditional Rental Income: $2012 Airbnb ROI: 1.15% Traditional ROI: 2.73%
1319 Maple St Shelbyville, KY 1319 Maple Street in Shelbyville, KY, offers a unique investment opportunity. This propert...	3 beds \| 1 baths \| 1,066 sq.ft.	$219,900	Airbnb cash on cash: 4.22% Traditional cash on cash: 5.11% Airbnb Rental Income: $1714 Traditional Rental Income: $1425 Airbnb ROI: 4.22% Traditional ROI: 5.11%
1308 Chestnut St Shelbyville, KY Welcome to 1308 Chestnut Street in Shelbyville, KYâa charming residence offering 1,330 s...	3 beds \| 1 baths \| 1,330 sq.ft.	$219,900	Airbnb cash on cash: 3.81% Traditional cash on cash: 5.51% Airbnb Rental Income: $1714 Traditional Rental Income: $1594 Airbnb ROI: 3.81% Traditional ROI: 5.51%
188 Eminence Pike Shelbyville, KY Check it Out! This Very well maintained home is Move in Ready! Features include a Large fa...	2 beds \| 1 baths \| 970 sq.ft.	$219,000	Airbnb cash on cash: 3.96% Traditional cash on cash: 4.08% Airbnb Rental Income: $1609 Traditional Rental Income: $1176 Airbnb ROI: 3.96% Traditional ROI: 4.08%
686 Hannah Rd Shelbyville, KY STOP! Hold your HORSES Right Here!!! This immaculate Newly Build Log Home is situated in t...	3 beds \| 2 baths \| 2,124 sq.ft.	$849,900	Airbnb cash on cash: -0.41% Traditional cash on cash: 0.88% Airbnb Rental Income: $1714 Traditional Rental Income: $2261 Airbnb ROI: -0.41% Traditional ROI: 0.88%
1808 Oakwood Drive Shelbyville, KY Look no further for that great ranch you've been looking for! This ranch highlights a larg...	3 beds \| 1 baths \| 975 sq.ft.	$217,000	Airbnb cash on cash: 4.14% Traditional cash on cash: 4.19% Airbnb Rental Income: $1714 Traditional Rental Income: $1249 Airbnb ROI: 4.14% Traditional ROI: 4.19%
236 Education Way Shelbyville, KY Trendy new Ivy Modern Retreat plan by Fischer Homes in beautiful Discovery Point. This uni...	4 beds \| 3 baths \| 2,788 sq.ft.	$495,990	Airbnb cash on cash: 1.42% Traditional cash on cash: 3.16% Airbnb Rental Income: $2430 Traditional Rental Income: $2646 Airbnb ROI: 1.42% Traditional ROI: 3.16%
172 Exploration Path Shelbyville, KY This bright and inviting condo offers an open layout, modern finishes, and minimal upkeepâ...	3 beds \| 3 baths \| 1,657 sq.ft.	$309,900	Airbnb cash on cash: 1.3% Traditional cash on cash: 4.41% Airbnb Rental Income: $1714 Traditional Rental Income: $2146 Airbnb ROI: 1.3% Traditional ROI: 4.41%
637 Revelation Way Shelbyville, KY New Construction by prestigious Fischer Homes in the beautiful community of Discovery Poin...	3 beds \| 3 baths \| 1,842 sq.ft.	$349,990	Airbnb cash on cash: 1.54% Traditional cash on cash: 4.3% Airbnb Rental Income: $1714 Traditional Rental Income: $2146 Airbnb ROI: 1.54% Traditional ROI: 4.3%
705 Learning Ridge Shelbyville, KY Gorgeous new Jensen Western Craftsman plan by Fischer Homes in beautiful Discovery Point f...	4 beds \| 3 baths \| 2,793 sq.ft.	$424,500	Airbnb cash on cash: 2.45% Traditional cash on cash: 4.47% Airbnb Rental Income: $2430 Traditional Rental Income: $2639 Airbnb ROI: 2.45% Traditional ROI: 4.47%
250 Education Way Shelbyville, KY Gorgeous new Charles Modern Farmhouse plan by Fischer Homes in beautiful Discovery Point f...	3 beds \| 3 baths \| 2,483 sq.ft.	$471,990	Airbnb cash on cash: 0.67% Traditional cash on cash: 3.46% Airbnb Rental Income: $1714 Traditional Rental Income: $2469 Airbnb ROI: 0.67% Traditional ROI: 3.46%
95 Smithfield Rd Shelbyville, KY This property is located in The Heart of Shelbyville Directly across from the Shelby Count...	2 beds \| 1 baths \| 1,376 sq.ft.	$189,000	Airbnb cash on cash: 4.33% Traditional cash on cash: 5.79% Airbnb Rental Income: $1609 Traditional Rental Income: $1414 Airbnb ROI: 4.33% Traditional ROI: 5.79%
842 Abingdon Cir Shelbyville, KY Turnkey Elegance in Fairway Crossing Golf Course Community Welcome to this stunning turnk...	5 beds \| 3 baths \| 3,380 sq.ft.	$517,500	Airbnb cash on cash: 1.34% Traditional cash on cash: 3.36% Airbnb Rental Income: $2230 Traditional Rental Income: $2650 Airbnb ROI: 1.34% Traditional ROI: 3.36%
1000 Brown Avenue Shelbyville, KY Located in a quiet, established neighborhood near downtown Shelbyville. This Well-Kept Cra...	4 beds \| 4 baths \| 2,274 sq.ft.	$419,900	Airbnb cash on cash: 2.98% Traditional cash on cash: 6.69% Airbnb Rental Income: $2430 Traditional Rental Income: $3293 Airbnb ROI: 2.98% Traditional ROI: 6.69%
131 Exploration Path #47B Shelbyville, KY Gorgeous new Wembley Western Craftsman plan by Fischer Homes in beautiful Discovery Point ...	3 beds \| 3 baths \| 2,187 sq.ft.	$324,120	Airbnb cash on cash: 1.17% Traditional cash on cash: 4.81% Airbnb Rental Income: $1714 Traditional Rental Income: $2349 Airbnb ROI: 1.17% Traditional ROI: 4.81%
169 Exploration Path #40B Shelbyville, KY Trendy new Wembley Coastal Cottage plan by Fischer Homes in beautiful Discovery Point feat...	2 beds \| 2 baths \| 1,243 sq.ft.	$276,041	Airbnb cash on cash: 1.35% Traditional cash on cash: 3.75% Airbnb Rental Income: $1609 Traditional Rental Income: $1777 Airbnb ROI: 1.35% Traditional ROI: 3.75%
101 Exploration #61A Shelbyville, KY Welcoming to this never lived-in FORMER MODEL home, the Hudson Coastal Cottage paired-pati...	3 beds \| 3 baths \| 1,657 sq.ft.	$309,990	Airbnb cash on cash: 1.3% Traditional cash on cash: 4.08% Airbnb Rental Income: $1714 Traditional Rental Income: $2048 Airbnb ROI: 1.3% Traditional ROI: 4.08%

Real Estate investment in Shelbyville, KY

There are 77 properties for sale in the city of Shelbyville . The median list price in Shelbyville is $387,000 and the average price per square foot is $165. In September 2025, the average monthly cash on cash return in Shelbyville is 4.00%. The average monthly rental income in Shelbyville is $2,173.

Shelbyville, KY Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 77 investment properties available for sale in Shelbyville.

In 2025, the best neighborhood to buy investment property is Shelbyville.

The ROI for Long-Term is higher than the Short-Term in Shelbyville with average rental income of $2,173.

Your search for investment property begins and ends here

Investment Property for Sale in Shelbyville, KY

3017 Barlows Brook Road

Shelbyville, KY

4 beds | 3 baths | 1,950 sq.ft.

$339,900

Airbnb cash on cash: 3.6%

Traditional cash on cash: 4.66%

Airbnb Rental Income: $2430

Traditional Rental Income: $2175

Airbnb ROI: 3.6%

Traditional ROI: 4.66%

3290 Rockbridge Rd

Shelbyville, KY

4 beds | 2 baths | 3,759 sq.ft.

$749,900

Airbnb cash on cash: 0.92%

Traditional cash on cash: 1.73%

Airbnb Rental Income: $2430

Traditional Rental Income: $2405

Airbnb ROI: 0.92%

Traditional ROI: 1.73%

50 Wexford Ct

Shelbyville, KY

3 beds | 2 baths | 1,376 sq.ft.

$290,000

Airbnb cash on cash: 2.54%

Traditional cash on cash: 4.37%

Airbnb Rental Income: $1714

Traditional Rental Income: $1737

Airbnb ROI: 2.54%

Traditional ROI: 4.37%

502 Locust Lane

Shelbyville, KY

4 beds | 5 baths | 3,276 sq.ft.

$1,900,000

Airbnb cash on cash: -0.87%

Traditional cash on cash: 0.66%

Airbnb Rental Income: $2430

Traditional Rental Income: $4537

Airbnb ROI: -0.87%

Traditional ROI: 0.66%

448 Oakview Dr

Shelbyville, KY

3 beds | 2 baths | 1,585 sq.ft.

$314,950

Airbnb cash on cash: 2.02%

Traditional cash on cash: 5.91%

Airbnb Rental Income: $1714

Traditional Rental Income: $2394

Airbnb ROI: 2.02%

Traditional ROI: 5.91%

6041 Edgemont Way

Shelbyville, KY

3 beds | 2 baths | 1,489 sq.ft.

$289,900

Airbnb cash on cash: 2.22%

Traditional cash on cash: 4.58%

Airbnb Rental Income: $1714

Traditional Rental Income: $1883

Airbnb ROI: 2.22%

Traditional ROI: 4.58%

2891 Benson Pike

Shelbyville, KY

3 beds | 2 baths | 2,352 sq.ft.

$399,000

Airbnb cash on cash: 1.66%

Traditional cash on cash: 4.09%

Airbnb Rental Income: $1714

Traditional Rental Income: $2149

Airbnb ROI: 1.66%

Traditional ROI: 4.09%

3000 squire Cir

Shelbyville, KY

3 beds | 2 baths | 1,419 sq.ft.

$280,000

Airbnb cash on cash: 2.49%

Traditional cash on cash: 4.56%

Airbnb Rental Income: $1714

Traditional Rental Income: $1786

Airbnb ROI: 2.49%