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
440 Jeptha Knob Rd Shelbyville, KY Welcome to 440 Jeptha Knob Rd, Shelbyville, KY - Where Natural Beauty Meets Thoughtful Des...	3 beds \| 3 baths \| 2,952 sq.ft.	$469,000	Airbnb cash on cash: 0.76% Traditional cash on cash: 3.77% Airbnb Rental Income: $1714 Traditional Rental Income: $2559 Airbnb ROI: 0.76% Traditional ROI: 3.77%
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%
135 Blossom Cir Shelbyville, KY All-Brick Ranch with Walkout Basement with Second Full Kitchen Welcome to this spacious...	4 beds \| 3 baths \| 2,864 sq.ft.	$464,900	Airbnb cash on cash: 2.13% Traditional cash on cash: 3.9% Airbnb Rental Income: $2430 Traditional Rental Income: $2606 Airbnb ROI: 2.13% Traditional ROI: 3.9%
216 Masons View Ct Shelbyville, KY Welcome to this well-maintained 3 bedroom, 2 bath, less than 5 year old home in the desira...	3 beds \| 2 baths \| 1,424 sq.ft.	$315,000	Airbnb cash on cash: 2.76% Traditional cash on cash: 4.81% Airbnb Rental Income: $1714 Traditional Rental Income: $1848 Airbnb ROI: 2.76% Traditional ROI: 4.81%
33 Woodfield Court Shelbyville, KY Welcome to 33 Woodfield Court, a charming home offering convenience and comfort in the hea...	3 beds \| 2 baths \| 1,356 sq.ft.	$325,000	Airbnb cash on cash: 1.9% Traditional cash on cash: 3.39% Airbnb Rental Income: $1714 Traditional Rental Income: $1695 Airbnb ROI: 1.9% Traditional ROI: 3.39%
71 Lanter Drive Shelbyville, KY Welcome home to 71 Lanter Drive in beautiful Shelbyville! Come see this updated, one-of-a-...	3 beds \| N/A baths \| 1,213 sq.ft.	$237,500	Airbnb cash on cash: 3.25% Traditional cash on cash: 4.38% Airbnb Rental Income: $1714 Traditional Rental Income: $1493 Airbnb ROI: 3.25% Traditional ROI: 4.38%
154 Woodfield Cir Shelbyville, KY 154 Woodfield Circle, this one feels good the moment you walk up. The covered front porch ...	3 beds \| 2 baths \| 1,401 sq.ft.	$299,900	Airbnb cash on cash: 2.21% Traditional cash on cash: 4.13% Airbnb Rental Income: $1714 Traditional Rental Income: $1782 Airbnb ROI: 2.21% Traditional ROI: 4.13%
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.	$294,900	Airbnb cash on cash: 1.12% Traditional cash on cash: 3.47% Airbnb Rental Income: $1609 Traditional Rental Income: $1804 Airbnb ROI: 1.12% Traditional ROI: 3.47%
639 S Stallard Dr Shelbyville, KY Big savings: Seller offering a 2-1 rate buydown. Built in 2023 with over 4000sqft finished...	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.	$399,900	Airbnb cash on cash: 3.39% Traditional cash on cash: 4.45% Airbnb Rental Income: $2430 Traditional Rental Income: $2234 Airbnb ROI: 3.39% Traditional ROI: 4.45%
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.	$705,000	Airbnb cash on cash: -0.11% Traditional cash on cash: 2.86% Airbnb Rental Income: $1714 Traditional Rental Income: $3194 Airbnb ROI: -0.11% Traditional ROI: 2.86%
528 Navaho Rd Shelbyville, KY PRICE IMPROVEMENT! Set in the Town N Country neighborhood located across from the Shelbyvi...	4 beds \| 3 baths \| 3,232 sq.ft.	$399,999	Airbnb cash on cash: 2.79% Traditional cash on cash: 3.33% Airbnb Rental Income: $2430 Traditional Rental Income: $2039 Airbnb ROI: 2.79% Traditional ROI: 3.33%
629 Shoshone Ct Shelbyville, KY Discover this charming 2-bedroom, 2-bath patio home, perfectly situated in a highly sought...	2 beds \| 2 baths \| 1,950 sq.ft.	$379,500	Airbnb cash on cash: 0.73% Traditional cash on cash: 2.48% Airbnb Rental Income: $1609 Traditional Rental Income: $1776 Airbnb ROI: 0.73% Traditional ROI: 2.48%
226 Education Way Shelbyville, KY Welcome to this stunning one-year-old homeâbetter than brand new! Completed in 2024 and ...	4 beds \| 3 baths \| 2,711 sq.ft.	$475,000	Airbnb cash on cash: 2% Traditional cash on cash: 3.78% Airbnb Rental Income: $2430 Traditional Rental Income: $2629 Airbnb ROI: 2% Traditional ROI: 3.78%
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 Welcome to 575 Moody Pike where Southern charm meets historic beauty. Conveniently located...	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%
684 Ashbourne Dr Shelbyville, KY Welcome to this stunning all-brick home in Fairway Crossing, perfectly situated on the 18t...	3 beds \| 3 baths \| 4,050 sq.ft.	$500,000	Airbnb cash on cash: 0.72% Traditional cash on cash: 2.93% Airbnb Rental Income: $1714 Traditional Rental Income: $2273 Airbnb ROI: 0.72% Traditional ROI: 2.93%
653 Revelation Way Shelbyville, KY Some photos have been virtually staged. New construction by Fischer Homes in the beautiful...	4 beds \| 3 baths \| 2,452 sq.ft.	$459,990	Airbnb cash on cash: 2.12% Traditional cash on cash: 3.62% Airbnb Rental Income: $2430 Traditional Rental Income: $2481 Airbnb ROI: 2.12% Traditional ROI: 3.62%
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%
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%
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.	$215,000	Airbnb cash on cash: 4.19% Traditional cash on cash: 4.24% Airbnb Rental Income: $1714 Traditional Rental Income: $1249 Airbnb ROI: 4.19% Traditional ROI: 4.24%
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.	$489,900	Airbnb cash on cash: 1.46% Traditional cash on cash: 3.22% Airbnb Rental Income: $2430 Traditional Rental Income: $2646 Airbnb ROI: 1.46% Traditional ROI: 3.22%
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.	$305,000	Airbnb cash on cash: 1.35% Traditional cash on cash: 4.51% Airbnb Rental Income: $1714 Traditional Rental Income: $2146 Airbnb ROI: 1.35% Traditional ROI: 4.51%
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.	$469,900	Airbnb cash on cash: 0.68% Traditional cash on cash: 3.48% Airbnb Rental Income: $1714 Traditional Rental Income: $2469 Airbnb ROI: 0.68% Traditional ROI: 3.48%
1000 Brown Avenue Shelbyville, KY Located in a quiet, established neighborhood near downtown Shelbyville. This Well-Kept Cra...	4 beds \| 3 baths \| 2,274 sq.ft.	$425,000	Airbnb cash on cash: 2.94% Traditional cash on cash: 6.6% Airbnb Rental Income: $2430 Traditional Rental Income: $3293 Airbnb ROI: 2.94% Traditional ROI: 6.6%
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%
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%
712 Washington St Shelbyville, KY Welcome to 712 Washington Streetâan exceptional duplex located in the vibrant heart of d...	1 beds \| 2 baths \| 1,520 sq.ft.	$250,000	Airbnb cash on cash: 3.14% Traditional cash on cash: 4.34% Airbnb Rental Income: $1714 Traditional Rental Income: $1523 Airbnb ROI: 3.14% Traditional ROI: 4.34%
517 Aiken Road Shelbyville, KY A perfect blend of luxury and country living awaits on just under 35 ACRES with this spect...	5 beds \| 7 baths \| 8,119 sq.ft.	$1,950,000	Airbnb cash on cash: -0.68% Traditional cash on cash: 2.17% Airbnb Rental Income: $2230 Traditional Rental Income: $6828 Airbnb ROI: -0.68% Traditional ROI: 2.17%
210 Ardmore Crossing Dr Shelbyville, KY Loaded with high-end upgrades from Pulte's premium package, this meticulously maintained h...	3 beds \| 3 baths \| 2,605 sq.ft.	$400,000	Airbnb cash on cash: 1.12% Traditional cash on cash: 4.41% Airbnb Rental Income: $1714 Traditional Rental Income: $2475 Airbnb ROI: 1.12% Traditional ROI: 4.41%
7091 Discovery Point Dr Shelbyville, KY New construction by Fischer Homes in beautiful Discovery Point, featuring the Yosemite pla...	3 beds \| 3 baths \| 2,278 sq.ft.	$419,900	Airbnb cash on cash: 0.98% Traditional cash on cash: 3.97% Airbnb Rental Income: $1714 Traditional Rental Income: $2416 Airbnb ROI: 0.98% Traditional ROI: 3.97%
610 Heinsville Road Shelbyville, KY Here is your Dream mini-farm. This 5 acre mini farm will not last long and its calling you...	3 beds \| 3 baths \| 2,494 sq.ft.	$459,900	Airbnb cash on cash: 1.04% Traditional cash on cash: 3.75% Airbnb Rental Income: $1714 Traditional Rental Income: $2410 Airbnb ROI: 1.04% Traditional ROI: 3.75%
971 Heinsville Road Shelbyville, KY Welcome to this all brick ranch home located at 971 Heinsville Road. This home sits on 3 a...	3 beds \| 2 baths \| 1,485 sq.ft.	$315,000	Airbnb cash on cash: 2.4% Traditional cash on cash: 4.16% Airbnb Rental Income: $1714 Traditional Rental Income: $1762 Airbnb ROI: 2.4% Traditional ROI: 4.16%
161 Exploration Path #42A Shelbyville, KY Trendy new Wembley Western Craftsman plan by Fischer Homes in beautiful Discovery Point fe...	3 beds \| 3 baths \| 2,187 sq.ft.	$328,500	Airbnb cash on cash: 1.13% Traditional cash on cash: 4.72% Airbnb Rental Income: $1714 Traditional Rental Income: $2348 Airbnb ROI: 1.13% Traditional ROI: 4.72%
573 Birchwood Cir Shelbyville, KY Stop Right Here! This 3 Bedroom 2 Bath house is the one! First Floor features include an...	3 beds \| 2 baths \| 1,130 sq.ft.	$250,000	Airbnb cash on cash: 2.94% Traditional cash on cash: 4.61% Airbnb Rental Income: $1714 Traditional Rental Income: $1633 Airbnb ROI: 2.94% Traditional ROI: 4.61%
135 Pheasant Glen Dr Shelbyville, KY Discover the Sienna by D.R. Horton in beautiful Pheasant Glen, a thoughtfully designed hom...	3 beds \| 3 baths \| 1,818 sq.ft.	$330,385	Airbnb cash on cash: 1.84% Traditional cash on cash: 4.84% Airbnb Rental Income: $1714 Traditional Rental Income: $2173 Airbnb ROI: 1.84% Traditional ROI: 4.84%
196 Kentucky St Shelbyville, KY	3 beds \| 1 baths \| 1,140 sq.ft.	$220,000	Airbnb cash on cash: 3.65% Traditional cash on cash: 4.43% Airbnb Rental Income: $1714 Traditional Rental Income: $1403 Airbnb ROI: 3.65% Traditional ROI: 4.43%
3701 Mareli Rd Shelbyville, KY Spacious 3 bedroom, 2 bath two-story home on a corner lot with a two-car garage and unfini...	3 beds \| 2 baths \| 1,358 sq.ft.	$255,000	Airbnb cash on cash: 2.91% Traditional cash on cash: 5% Airbnb Rental Income: $1714 Traditional Rental Income: $1742 Airbnb ROI: 2.91% Traditional ROI: 5%

Real Estate investment in Shelbyville, KY

There are 68 properties for sale in the city of Shelbyville . The median list price in Shelbyville is $394,450 and the average price per square foot is $161. In November 2025, the average monthly cash on cash return in Shelbyville is 4.00%. The average monthly rental income in Shelbyville is $2,270.

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

There are 68 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 $2,270.

Your search for investment property begins and ends here

Investment Property for Sale in Shelbyville, KY

440 Jeptha Knob Rd

Shelbyville, KY

3 beds | 3 baths | 2,952 sq.ft.

$469,000

Airbnb cash on cash: 0.76%

Traditional cash on cash: 3.77%

Airbnb Rental Income: $1714

Traditional Rental Income: $2559

Airbnb ROI: 0.76%

Traditional ROI: 3.77%

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%

135 Blossom Cir

Shelbyville, KY

4 beds | 3 baths | 2,864 sq.ft.

$464,900

Airbnb cash on cash: 2.13%

Traditional cash on cash: 3.9%

Airbnb Rental Income: $2430

Traditional Rental Income: $2606

Airbnb ROI: 2.13%

Traditional ROI: 3.9%

216 Masons View Ct

Shelbyville, KY

3 beds | 2 baths | 1,424 sq.ft.

$315,000

Airbnb cash on cash: 2.76%

Traditional cash on cash: 4.81%

Airbnb Rental Income: $1714

Traditional Rental Income: $1848

Airbnb ROI: 2.76%

Traditional ROI: 4.81%

33 Woodfield Court

Shelbyville, KY

3 beds | 2 baths | 1,356 sq.ft.

$325,000

Airbnb cash on cash: 1.9%

Traditional cash on cash: 3.39%

Airbnb Rental Income: $1714

Traditional Rental Income: $1695

Airbnb ROI: 1.9%

Traditional ROI: 3.39%

71 Lanter Drive

Shelbyville, KY

3 beds | N/A baths | 1,213 sq.ft.

$237,500

Airbnb cash on cash: 3.25%

Traditional cash on cash: 4.38%

Airbnb Rental Income: $1714

Traditional Rental Income: $1493

Airbnb ROI: 3.25%

Traditional ROI: 4.38%

154 Woodfield Cir

Shelbyville, KY

3 beds | 2 baths | 1,401 sq.ft.

$299,900

Airbnb cash on cash: 2.21%

Traditional cash on cash: 4.13%

Airbnb Rental Income: $1714

Traditional Rental Income: $1782

Airbnb ROI: 2.21%

Traditional ROI: 4.13%

223 Twin Springs Court

Shelbyville, KY

2 beds | 2 baths | 1,240 sq.ft.

$294,900

Airbnb cash on cash: 1.12%

Traditional cash on cash: 3.47%

Airbnb Rental Income: $1609

Traditional Rental Income: $1804

Airbnb ROI: 1.12%