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
181 Wedgewood Drive Shelbyville, KY Set on more than 3 picturesque acres, this exceptional Jeffersonian-style estate offers a ...	4 beds \| 4 baths \| 4,192 sq.ft.	$1,250,000	Airbnb cash on cash: 0.01% Traditional cash on cash: 0.91% Airbnb Rental Income: $2939 Traditional Rental Income: $3300 Airbnb ROI: 0.01% Traditional ROI: 0.91%
2781 Brassfield Cir Shelbyville, KY Tucked away on a picturesque .83-acre lot in Shelbyville, this beautifully maintained home...	4 beds \| 4 baths \| 3,052 sq.ft.	$450,000	Airbnb cash on cash: 3.29% Traditional cash on cash: 5.12% Airbnb Rental Income: $2939 Traditional Rental Income: $3032 Airbnb ROI: 3.29% Traditional ROI: 5.12%
1617 Doral Ct Shelbyville, KY Welcome to this lovely two-story brick home nestled on a cul-de-sac and offering the perfe...	4 beds \| 3 baths \| 3,372 sq.ft.	$545,000	Airbnb cash on cash: 2.4% Traditional cash on cash: 2.9% Airbnb Rental Income: $2939 Traditional Rental Income: $2516 Airbnb ROI: 2.4% Traditional ROI: 2.9%
580 Catalpa Lane Shelbyville, KY This is the one buyers wait for, a rare opportunity blending comfort, updates, and conveni...	3 beds \| 2 baths \| 1,890 sq.ft.	$300,000	Airbnb cash on cash: 1.54% Traditional cash on cash: 4.89% Airbnb Rental Income: $1487 Traditional Rental Income: $1997 Airbnb ROI: 1.54% Traditional ROI: 4.89%
1307 Main St Shelbyville, KY Welcome to this lovely and character-filled historic home in the heart of Shelbyville with...	4 beds \| 2 baths \| 2,520 sq.ft.	$384,999	Airbnb cash on cash: 4.15% Traditional cash on cash: 4.17% Airbnb Rental Income: $2939 Traditional Rental Income: $2267 Airbnb ROI: 4.15% Traditional ROI: 4.17%
704 Hollow Trace Shelbyville, KY One-of-One. Design-Forward, Bold and Refined best define the atmosphere surrounding this e...	5 beds \| 5 baths \| 5,556 sq.ft.	$1,195,000	Airbnb cash on cash: 0.18% Traditional cash on cash: 0.43% Airbnb Rental Income: $3050 Traditional Rental Income: $2631 Airbnb ROI: 0.18% Traditional ROI: 0.43%
4045 Firestone Way Shelbyville, KY Welcome home. This 3 bedroom property offers a functional open concept layout with plenty ...	3 beds \| 2 baths \| 1,239 sq.ft.	$253,000	Airbnb cash on cash: 3.33% Traditional cash on cash: 6.87% Airbnb Rental Income: $1772 Traditional Rental Income: $2132 Airbnb ROI: 3.33% Traditional ROI: 6.87%
226 Education Way Shelbyville, KY Stunning 2024-Built Home in Discovery Point, Shelbyville, KY - Better Than New Constructio...	4 beds \| 3 baths \| 2,711 sq.ft.	$450,000	Airbnb cash on cash: 3.21% Traditional cash on cash: 4.09% Airbnb Rental Income: $2939 Traditional Rental Income: $2629 Airbnb ROI: 3.21% Traditional ROI: 4.09%
575 Moody Pike Shelbyville, KY Welcome to 575 Moody Pike where Southern charm meets historic beauty. Conveniently located...	4 beds \| 4 baths \| 5,500 sq.ft.	$1,249,900	Airbnb cash on cash: 0.01% Traditional cash on cash: 1.05% Airbnb Rental Income: $2939 Traditional Rental Income: $3465 Airbnb ROI: 0.01% Traditional ROI: 1.05%
1608 Doral Ct Shelbyville, KY Welcome to Brentwood! Newly renovated exterior including Garage doors (3), windows, siding...	5 beds \| 4 baths \| 4,845 sq.ft.	$624,900	Airbnb cash on cash: 2.23% Traditional cash on cash: 4.43% Airbnb Rental Income: $3050 Traditional Rental Income: $3636 Airbnb ROI: 2.23% Traditional ROI: 4.43%
517 Aiken Road Shelbyville, KY Where the tree line ends, the rush of the world fades away. Spanning across just under 35 ...	5 beds \| 7 baths \| 8,119 sq.ft.	$1,850,000	Airbnb cash on cash: -0.26% Traditional cash on cash: 2.34% Airbnb Rental Income: $3050 Traditional Rental Income: $6828 Airbnb ROI: -0.26% Traditional ROI: 2.34%
89 Indian Springs Trace Shelbyville, KY Welcome to 89 Indian Springs Trace, Shelbyville, KY - where timeless craftsmanship meets m...	4 beds \| 5 baths \| 5,374 sq.ft.	$1,085,000	Airbnb cash on cash: 0.54% Traditional cash on cash: 2.84% Airbnb Rental Income: $2939 Traditional Rental Income: $4579 Airbnb ROI: 0.54% Traditional ROI: 2.84%
1220 Shepard Way Shelbyville, KY Welcome to 1220 Shepard Way. This home consists of 3 bedrooms, 1 full bathroom and a half ...	3 beds \| 2 baths \| 1,056 sq.ft.	$243,000	Airbnb cash on cash: 2.61% Traditional cash on cash: 4.54% Airbnb Rental Income: $1487 Traditional Rental Income: $1493 Airbnb ROI: 2.61% Traditional ROI: 4.54%
721 Learning Ridge Shelbyville, KY New construction by Fischer Homes in the beautiful Discovery Point community with the Beac...	3 beds \| 2 baths \| 1,414 sq.ft.	$409,900	Airbnb cash on cash: 0.56% Traditional cash on cash: 2.63% Airbnb Rental Income: $1487 Traditional Rental Income: $1846 Airbnb ROI: 0.56% Traditional ROI: 2.63%
907 Creativity Crossing Shelbyville, KY New construction by Fischer Homes in the beautiful Discovery Point community with the Calv...	3 beds \| 2 baths \| 2,075 sq.ft.	$429,900	Airbnb cash on cash: 0.52% Traditional cash on cash: 3.52% Airbnb Rental Income: $1487 Traditional Rental Income: $2256 Airbnb ROI: 0.52% Traditional ROI: 3.52%
200 Woodfield Cir Shelbyville, KY Stop Scrolling.. You Found The one! This Home Features lots of Room and a partially finish...	4 beds \| 3 baths \| 2,000 sq.ft.	$319,000	Airbnb cash on cash: 5.6% Traditional cash on cash: 5.5% Airbnb Rental Income: $2939 Traditional Rental Income: $2231 Airbnb ROI: 5.6% Traditional ROI: 5.5%
116 Winners Cir Shelbyville, KY Welcome to this beautifully designed lake-view home in sought-after Triple Crown Estates, ...	4 beds \| 4 baths \| 3,849 sq.ft.	$639,900	Airbnb cash on cash: 1.77% Traditional cash on cash: 3.4% Airbnb Rental Income: $2939 Traditional Rental Income: $3230 Airbnb ROI: 1.77% Traditional ROI: 3.4%
720 Learning Ridge Shelbyville, KY New construction by Fischer Homes in the beautiful Discovery Point community, This thought...	4 beds \| 3 baths \| 2,790 sq.ft.	$478,562	Airbnb cash on cash: 2.99% Traditional cash on cash: 3.82% Airbnb Rental Income: $2939 Traditional Rental Income: $2635 Airbnb ROI: 2.99% Traditional ROI: 3.82%
2085 Frankfort Rd Shelbyville, KY Welcome to this stunning 4 bedroom 3 bathroom home! Currently used as an active Airbnb-inc...	4 beds \| 3 baths \| 2,452 sq.ft.	$429,900	Airbnb cash on cash: 3.53% Traditional cash on cash: 4.47% Airbnb Rental Income: $2939 Traditional Rental Income: $2640 Airbnb ROI: 3.53% Traditional ROI: 4.47%
1941 Frankfort Rd Shelbyville, KY Welcome to this beautifully remodeled 4-bedroom, 2-bath home that perfectly blends modern ...	4 beds \| 2 baths \| 1,647 sq.ft.	$389,900	Airbnb cash on cash: 4.07% Traditional cash on cash: 3.16% Airbnb Rental Income: $2939 Traditional Rental Income: $1927 Airbnb ROI: 4.07% Traditional ROI: 3.16%
702 Learning Ridge Shelbyville, KY New construction by Fischer Homes in the beautiful Discovery Point community, featuring th...	3 beds \| 3 baths \| 2,897 sq.ft.	$408,165	Airbnb cash on cash: 0.65% Traditional cash on cash: 4.47% Airbnb Rental Income: $1487 Traditional Rental Income: $2512 Airbnb ROI: 0.65% Traditional ROI: 4.47%
1471 Bonnie Brae Dr Shelbyville, KY WELL LOCATED 4 BEDROOM, 2 FULL BATH Walk-Out Brick Ranch HOME - Currently Occupied by Long...	4 beds \| 2 baths \| 1,914 sq.ft.	$264,500	Airbnb cash on cash: 6.83% Traditional cash on cash: 6.23% Airbnb Rental Income: $2939 Traditional Rental Income: $2110 Airbnb ROI: 6.83% Traditional ROI: 6.23%
67 Arbor Green Ln Shelbyville, KY THIS ALL BRICK 3 BEDROOM, 1 BATH HOME - is Move-In Ready for a 1st time buyer or Investor!...	3 beds \| 1 baths \| 1,020 sq.ft.	$208,000	Airbnb cash on cash: 3.47% Traditional cash on cash: 4.83% Airbnb Rental Income: $1487 Traditional Rental Income: $1317 Airbnb ROI: 3.47% Traditional ROI: 4.83%
350 S Stallard Dr Shelbyville, KY Situated on 5.35 rolling acres in Stallard Springs, this custom 2023 home blends luxury fi...	4 beds \| 4 baths \| 4,500 sq.ft.	$839,900	Airbnb cash on cash: 1.6% Traditional cash on cash: 2.94% Airbnb Rental Income: $2939 Traditional Rental Income: $3309 Airbnb ROI: 1.6% Traditional ROI: 2.94%
1465 Grouse Ct Shelbyville, KY Welcome to 1465 Grouse Ct. in Shelbyville. Tucked away on a quiet cul-de-sac, this 4-bedro...	4 beds \| 3 baths \| 3,144 sq.ft.	$455,000	Airbnb cash on cash: 3.26% Traditional cash on cash: 3.94% Airbnb Rental Income: $2939 Traditional Rental Income: $2549 Airbnb ROI: 3.26% Traditional ROI: 3.94%
252 Doctors Dr Shelbyville, KY This meticulously maintained home offers 3-bedrooms and 2 full bathrooms with a versatile ...	3 beds \| 2 baths \| 1,813 sq.ft.	$315,000	Airbnb cash on cash: 1.4% Traditional cash on cash: 4.46% Airbnb Rental Income: $1487 Traditional Rental Income: $1957 Airbnb ROI: 1.4% Traditional ROI: 4.46%
1029 Dry Run Ct Shelbyville, KY Spacious and nearly new (just 2 years old), this well-designed two-story home is tucked aw...	4 beds \| 3 baths \| 2,606 sq.ft.	$377,000	Airbnb cash on cash: 5.01% Traditional cash on cash: 5.65% Airbnb Rental Income: $2939 Traditional Rental Income: $2485 Airbnb ROI: 5.01% Traditional ROI: 5.65%
172 Hebron Road Shelbyville, KY Stunning contemporary home perched on a hillside with beautiful views of the 26+ acres, li...	4 beds \| 4 baths \| 4,474 sq.ft.	$1,144,000	Airbnb cash on cash: 0.73% Traditional cash on cash: 2.56% Airbnb Rental Income: $2939 Traditional Rental Income: $4204 Airbnb ROI: 0.73% Traditional ROI: 2.56%
342 Education Way Shelbyville, KY New construction by Fischer Homes in the beautiful Discovery Point community, featuring th...	3 beds \| 2 baths \| 1,625 sq.ft.	$439,523	Airbnb cash on cash: 0.47% Traditional cash on cash: 2.61% Airbnb Rental Income: $1487 Traditional Rental Income: $1931 Airbnb ROI: 0.47% Traditional ROI: 2.61%
4 Trace Ln Shelbyville, KY	2 beds \| 2 baths \| 1,212 sq.ft.	$265,000	Airbnb cash on cash: 2.18% Traditional cash on cash: 4.47% Airbnb Rental Income: $1426 Traditional Rental Income: $1574 Airbnb ROI: 2.18% Traditional ROI: 4.47%
39 Morningside Dr Shelbyville, KY Located in the highly desirable Catalpa Green neighborhood, this stunning 2021 built home ...	4 beds \| 4 baths \| 4,253 sq.ft.	$525,000	Airbnb cash on cash: 2.56% Traditional cash on cash: 4.49% Airbnb Rental Income: $2939 Traditional Rental Income: $3208 Airbnb ROI: 2.56% Traditional ROI: 4.49%
186 Woodfield Circle Shelbyville, KY MOVE-IN READY...COMFORTABLE DESIGN...UPDATES GALORE...This beautiful 4 bedroom, 2 full bat...	4 beds \| 2 baths \| 1,662 sq.ft.	$300,000	Airbnb cash on cash: 6.05% Traditional cash on cash: 4.83% Airbnb Rental Income: $2939 Traditional Rental Income: $1917 Airbnb ROI: 6.05% Traditional ROI: 4.83%
1814 Oakwood Dr Shelbyville, KY New Price due to seller installing new HVAC. Don't miss this absolute steal right here! Yo...	3 beds \| 1 baths \| 1,050 sq.ft.	$219,999	Airbnb cash on cash: 3.16% Traditional cash on cash: 4.51% Airbnb Rental Income: $1487 Traditional Rental Income: $1332 Airbnb ROI: 3.16% Traditional ROI: 4.51%
638 Shoshone Ct Shelbyville, KY Welcome Home! Beautifully updated patio home in the highly sought-after Town & Country com...	3 beds \| 2 baths \| 1,950 sq.ft.	$402,000	Airbnb cash on cash: 1.04% Traditional cash on cash: 3.67% Airbnb Rental Income: $1487 Traditional Rental Income: $2044 Airbnb ROI: 1.04% Traditional ROI: 3.67%
49 N Country Dr Shelbyville, KY Welcome to your new home at 49 N Country Drive in Shelbyville! Situated on a spacious quar...	3 beds \| 2 baths \| 1,480 sq.ft.	$325,000	Airbnb cash on cash: 1.56% Traditional cash on cash: 3.73% Airbnb Rental Income: $1487 Traditional Rental Income: $1714 Airbnb ROI: 1.56% Traditional ROI: 3.73%
197 Longview Dr Shelbyville, KY Charming Ranch on a Corner Lot with In-Ground Pool. Welcome to this beautifully maintained...	3 beds \| 2 baths \| 1,550 sq.ft.	$329,900	Airbnb cash on cash: 1.55% Traditional cash on cash: 3.94% Airbnb Rental Income: $1487 Traditional Rental Income: $1790 Airbnb ROI: 1.55% Traditional ROI: 3.94%
2236 Sunrise Cir Shelbyville, KY Lovely 4 BR/3 BA walkout ranch located 1+/- mile from I-64 x35. Enter the foyer via the co...	4 beds \| 3 baths \| 3,344 sq.ft.	$399,000	Airbnb cash on cash: 4.21% Traditional cash on cash: 5.54% Airbnb Rental Income: $2939 Traditional Rental Income: $2758 Airbnb ROI: 4.21% Traditional ROI: 5.54%
121 Twin Brook Ct Shelbyville, KY Welcome to easy, maintenance free living in the quiet established community of The Reserve...	3 beds \| 2 baths \| 1,698 sq.ft.	$289,500	Airbnb cash on cash: 1.89% Traditional cash on cash: 5.46% Airbnb Rental Income: $1487 Traditional Rental Income: $2024 Airbnb ROI: 1.89% Traditional ROI: 5.46%
5021 Tealwood Dr Shelbyville, KY This beautifully maintained 3-bedroom, 2-bath home in Shelbyville offers the kind of layou...	3 beds \| 2 baths \| 1,489 sq.ft.	$325,000	Airbnb cash on cash: 1.37% Traditional cash on cash: 4.13% Airbnb Rental Income: $1487 Traditional Rental Income: $1891 Airbnb ROI: 1.37% Traditional ROI: 4.13%
8237 Mount Eden Rd Shelbyville, KY This charming home in Southville is country living and will be a great place to call home!...	3 beds \| 2 baths \| 1,367 sq.ft.	$810,000	Airbnb cash on cash: 0.21% Traditional cash on cash: 1.05% Airbnb Rental Income: $1487 Traditional Rental Income: $1685 Airbnb ROI: 0.21% Traditional ROI: 1.05%

Real Estate investment in Shelbyville, KY

There are 46 properties for sale in the city of Shelbyville . The median list price in Shelbyville is $334,727 and the average price per square foot is $122. In June 2026, the average monthly cash on cash return in Shelbyville is 4.00%. The average monthly rental income in Shelbyville is $1,929.

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

There are 46 investment properties available for sale in Shelbyville.

In 2026, 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 $1,929.

Your search for investment property begins and ends here

Investment Property for Sale in Shelbyville, KY

181 Wedgewood Drive

Shelbyville, KY

4 beds | 4 baths | 4,192 sq.ft.

$1,250,000

Airbnb cash on cash: 0.01%

Traditional cash on cash: 0.91%

Airbnb Rental Income: $2939

Traditional Rental Income: $3300

Airbnb ROI: 0.01%

Traditional ROI: 0.91%

2781 Brassfield Cir

Shelbyville, KY

4 beds | 4 baths | 3,052 sq.ft.

$450,000

Airbnb cash on cash: 3.29%

Traditional cash on cash: 5.12%

Airbnb Rental Income: $2939

Traditional Rental Income: $3032

Airbnb ROI: 3.29%

Traditional ROI: 5.12%

1617 Doral Ct

Shelbyville, KY

4 beds | 3 baths | 3,372 sq.ft.

$545,000

Airbnb cash on cash: 2.4%

Traditional cash on cash: 2.9%

Airbnb Rental Income: $2939

Traditional Rental Income: $2516

Airbnb ROI: 2.4%

Traditional ROI: 2.9%

580 Catalpa Lane

Shelbyville, KY

3 beds | 2 baths | 1,890 sq.ft.

$300,000

Airbnb cash on cash: 1.54%

Traditional cash on cash: 4.89%

Airbnb Rental Income: $1487

Traditional Rental Income: $1997

Airbnb ROI: 1.54%

Traditional ROI: 4.89%

1307 Main St

Shelbyville, KY

4 beds | 2 baths | 2,520 sq.ft.

$384,999

Airbnb cash on cash: 4.15%

Traditional cash on cash: 4.17%

Airbnb Rental Income: $2939

Traditional Rental Income: $2267

Airbnb ROI: 4.15%

Traditional ROI: 4.17%

704 Hollow Trace

Shelbyville, KY

5 beds | 5 baths | 5,556 sq.ft.

$1,195,000

Airbnb cash on cash: 0.18%

Traditional cash on cash: 0.43%

Airbnb Rental Income: $3050

Traditional Rental Income: $2631

Airbnb ROI: 0.18%

Traditional ROI: 0.43%

4045 Firestone Way

Shelbyville, KY

3 beds | 2 baths | 1,239 sq.ft.

$253,000

Airbnb cash on cash: 3.33%

Traditional cash on cash: 6.87%

Airbnb Rental Income: $1772

Traditional Rental Income: $2132

Airbnb ROI: 3.33%

Traditional ROI: 6.87%

226 Education Way

Shelbyville, KY

4 beds | 3 baths | 2,711 sq.ft.

$450,000

Airbnb cash on cash: 3.21%

Traditional cash on cash: 4.09%

Airbnb Rental Income: $2939

Traditional Rental Income: $2629

Airbnb ROI: 3.21%