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
6061 Edgemont Way Shelbyville, KY Welcome to this inviting 3-bedroom, 2.5-bath home in desirable Cloverbrook Farms. Located ...	3 beds \| 3 baths \| 2,114 sq.ft.	$325,000	Airbnb cash on cash: 2.9% Traditional cash on cash: 5.19% Airbnb Rental Income: $2080 Traditional Rental Income: $2244 Airbnb ROI: 2.9% Traditional ROI: 5.19%
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: -0.13% Traditional cash on cash: 0.91% Airbnb Rental Income: $2742 Traditional Rental Income: $3300 Airbnb ROI: -0.13% 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: 2.9% Traditional cash on cash: 5.12% Airbnb Rental Income: $2742 Traditional Rental Income: $3032 Airbnb ROI: 2.9% Traditional ROI: 5.12%
15 Cherokee Dr Shelbyville, KY Beautiful 3-bedroom, 3-bath ranch offering approximately 2,341 square feet of finished liv...	3 beds \| 3 baths \| 2,341 sq.ft.	$399,900	Airbnb cash on cash: 2.38% Traditional cash on cash: 4.6% Airbnb Rental Income: $2080 Traditional Rental Income: $2378 Airbnb ROI: 2.38% Traditional ROI: 4.6%
1617 Doral Ct Shelbyville, KY Elegant, well-maintained, and thoughtfully updated, this exceptional 4-bedroom, 2.5-bath b...	4 beds \| 3 baths \| 3,372 sq.ft.	$525,000	Airbnb cash on cash: 2.23% Traditional cash on cash: 3.08% Airbnb Rental Income: $2742 Traditional Rental Income: $2516 Airbnb ROI: 2.23% Traditional ROI: 3.08%
1848 Blackwell Rd Shelbyville, KY Welcome to this move-in ready patio home in desirable Robin Place, offering the perfect bl...	3 beds \| 2 baths \| 1,300 sq.ft.	$241,000	Airbnb cash on cash: 4.52% Traditional cash on cash: 5.03% Airbnb Rental Income: $2080 Traditional Rental Income: $1661 Airbnb ROI: 4.52% Traditional ROI: 5.03%
108 Exploration Path Shelbyville, KY Don't miss this beautiful patio home in the highly sought-after Discovery Point community!...	3 beds \| 3 baths \| 2,187 sq.ft.	$325,000	Airbnb cash on cash: 2.9% Traditional cash on cash: 7.7% Airbnb Rental Income: $2080 Traditional Rental Income: $3013 Airbnb ROI: 2.9% Traditional ROI: 7.7%
68 Goldenrod Ct Shelbyville, KY Don't miss this beautifully maintained 4-year-old ranch with a finished walkout basement, ...	3 beds \| 3 baths \| 1,700 sq.ft.	$349,900	Airbnb cash on cash: 3.32% Traditional cash on cash: 6.64% Airbnb Rental Income: $2080 Traditional Rental Income: $2637 Airbnb ROI: 3.32% Traditional ROI: 6.64%
1510 Robin Rd Shelbyville, KY Welcome to 1510 Robin Rd in Shelbyville! This beautifully maintained, 2-year-old home offe...	3 beds \| 3 baths \| 1,818 sq.ft.	$335,000	Airbnb cash on cash: 2.76% Traditional cash on cash: 6.47% Airbnb Rental Income: $2080 Traditional Rental Income: $2712 Airbnb ROI: 2.76% Traditional ROI: 6.47%
3036 Barlows Brook Road Shelbyville, KY Welcome to 3036 Barlows Brook, a beautiful home in a prime location for commuters, offerin...	3 beds \| 3 baths \| 1,860 sq.ft.	$417,000	Airbnb cash on cash: 1.85% Traditional cash on cash: 5.04% Airbnb Rental Income: $2080 Traditional Rental Income: $2791 Airbnb ROI: 1.85% Traditional ROI: 5.04%
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: 4.41% Traditional cash on cash: 6.87% Airbnb Rental Income: $2080 Traditional Rental Income: $2132 Airbnb ROI: 4.41% Traditional ROI: 6.87%
229 Webbmont Cir Shelbyville, KY Whether you're searching for your very first place to call home or looking to add a solid ...	3 beds \| 1 baths \| 1,093 sq.ft.	$230,000	Airbnb cash on cash: 4.82% Traditional cash on cash: 6.69% Airbnb Rental Income: $2080 Traditional Rental Income: $1951 Airbnb ROI: 4.82% Traditional ROI: 6.69%
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: 2.82% Traditional cash on cash: 4.09% Airbnb Rental Income: $2742 Traditional Rental Income: $2629 Airbnb ROI: 2.82% 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: -0.13% Traditional cash on cash: 1.05% Airbnb Rental Income: $2742 Traditional Rental Income: $3465 Airbnb ROI: -0.13% 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: 1.77% Traditional cash on cash: 4.43% Airbnb Rental Income: $2724 Traditional Rental Income: $3636 Airbnb ROI: 1.77% Traditional ROI: 4.43%
517 Aiken Rd 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.	$1,800,000	Airbnb cash on cash: -0.4% Traditional cash on cash: 2.44% Airbnb Rental Income: $2724 Traditional Rental Income: $6828 Airbnb ROI: -0.4% Traditional ROI: 2.44%
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: 0.38% Traditional cash on cash: 2.84% Airbnb Rental Income: $2742 Traditional Rental Income: $4579 Airbnb ROI: 0.38% 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: 4.76% Traditional cash on cash: 4.54% Airbnb Rental Income: $2080 Traditional Rental Income: $1493 Airbnb ROI: 4.76% 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.	$399,900	Airbnb cash on cash: 1.93% Traditional cash on cash: 2.74% Airbnb Rental Income: $2080 Traditional Rental Income: $1846 Airbnb ROI: 1.93% Traditional ROI: 2.74%
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.	$419,900	Airbnb cash on cash: 1.84% Traditional cash on cash: 3.64% Airbnb Rental Income: $2080 Traditional Rental Income: $2256 Airbnb ROI: 1.84% Traditional ROI: 3.64%
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: 5.05% Traditional cash on cash: 5.5% Airbnb Rental Income: $2742 Traditional Rental Income: $2231 Airbnb ROI: 5.05% Traditional ROI: 5.5%
849 Bass Ln Shelbyville, KY Welcome to 849 Bass Lane in Shelbyville, KY. This well-cared-for 3-bedroom, 2-bath home si...	3 beds \| 2 baths \| 1,950 sq.ft.	$309,000	Airbnb cash on cash: 3.63% Traditional cash on cash: 6.58% Airbnb Rental Income: $2080 Traditional Rental Income: $2402 Airbnb ROI: 3.63% Traditional ROI: 6.58%
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.	$629,900	Airbnb cash on cash: 1.55% Traditional cash on cash: 3.48% Airbnb Rental Income: $2742 Traditional Rental Income: $3230 Airbnb ROI: 1.55% Traditional ROI: 3.48%
720 Learning Ridge Shelbyville, KY New construction by Fischer Homes in the beautiful Discovery Point community featuring the...	4 beds \| 3 baths \| 2,790 sq.ft.	$469,900	Airbnb cash on cash: 2.7% Traditional cash on cash: 3.93% Airbnb Rental Income: $2742 Traditional Rental Income: $2635 Airbnb ROI: 2.7% Traditional ROI: 3.93%
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: 1.94% Traditional cash on cash: 4.47% Airbnb Rental Income: $2080 Traditional Rental Income: $2512 Airbnb ROI: 1.94% Traditional ROI: 4.47%
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.	$199,900	Airbnb cash on cash: 6.26% Traditional cash on cash: 5.06% Airbnb Rental Income: $2080 Traditional Rental Income: $1317 Airbnb ROI: 6.26% Traditional ROI: 5.06%
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.	$449,000	Airbnb cash on cash: 2.93% Traditional cash on cash: 4% Airbnb Rental Income: $2742 Traditional Rental Income: $2549 Airbnb ROI: 2.93% Traditional ROI: 4%
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: 4.55% Traditional cash on cash: 5.65% Airbnb Rental Income: $2742 Traditional Rental Income: $2485 Airbnb ROI: 4.55% Traditional ROI: 5.65%
4 Trace Ln Shelbyville, KY	2 beds \| 2 baths \| 1,212 sq.ft.	$265,000	Airbnb cash on cash: 2.26% Traditional cash on cash: 4.47% Airbnb Rental Income: $1450 Traditional Rental Income: $1574 Airbnb ROI: 2.26% 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.	$498,000	Airbnb cash on cash: 2.39% Traditional cash on cash: 4.78% Airbnb Rental Income: $2742 Traditional Rental Income: $3208 Airbnb ROI: 2.39% Traditional ROI: 4.78%
649 Shoshone Ct Shelbyville, KY Convenient location in the heart of Shelbyville, enter TOWN N COUNTRY neighborhood. This h...	3 beds \| 2 baths \| 2,121 sq.ft.	$398,000	Airbnb cash on cash: 2.13% Traditional cash on cash: 4.47% Airbnb Rental Income: $2080 Traditional Rental Income: $2419 Airbnb ROI: 2.13% Traditional ROI: 4.47%
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.	$322,000	Airbnb cash on cash: 3.21% Traditional cash on cash: 3.77% Airbnb Rental Income: $2080 Traditional Rental Income: $1714 Airbnb ROI: 3.21% Traditional ROI: 3.77%
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: 3.15% Traditional cash on cash: 3.94% Airbnb Rental Income: $2080 Traditional Rental Income: $1790 Airbnb ROI: 3.15% Traditional ROI: 3.94%
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: 0.86% Traditional cash on cash: 1.05% Airbnb Rental Income: $2080 Traditional Rental Income: $1685 Airbnb ROI: 0.86% Traditional ROI: 1.05%
225 Saint Regis Drive Shelbyville, KY Welcome home to 225 Saint Regis! This beautiful 3 bedroom, 2 full bathroom home has the pe...	3 beds \| 2 baths \| 1,670 sq.ft.	$315,000	Airbnb cash on cash: 3.51% Traditional cash on cash: 4.71% Airbnb Rental Income: $2080 Traditional Rental Income: $1900 Airbnb ROI: 3.51% Traditional ROI: 4.71%
422 Locust Grove Rd Shelbyville, KY Classic Cape Cod charm on 5 private acres in Shelby County, just 5 min to I-64. 3BR/2BA, 2...	3 beds \| 2 baths \| 2,300 sq.ft.	$425,000	Airbnb cash on cash: 2.09% Traditional cash on cash: 3.78% Airbnb Rental Income: $2080 Traditional Rental Income: $2217 Airbnb ROI: 2.09% Traditional ROI: 3.78%
342 Frankfort Rd Shelbyville, KY Extra large duplex with consistent cash flow. Long term tenants. First Floor features 3 be...	5 beds \| 2 baths \| 3,872 sq.ft.	$289,500	Airbnb cash on cash: 5.81% Traditional cash on cash: 6.25% Airbnb Rental Income: $2724 Traditional Rental Income: $2202 Airbnb ROI: 5.81% Traditional ROI: 6.25%
388 Knobview Dr Shelbyville, KY This great home is ready for it's new people. Situated on a large corner lot in a quiet ne...	3 beds \| 2 baths \| 1,658 sq.ft.	$255,000	Airbnb cash on cash: 4.7% Traditional cash on cash: 5.99% Airbnb Rental Income: $2080 Traditional Rental Income: $1855 Airbnb ROI: 4.7% Traditional ROI: 5.99%
390 Cactus Ct Shelbyville, KY Welcome home to this beautiful 1,500-square-foot, 3-bedroom, 2-bath residence nestled on a...	3 beds \| 2 baths \| 1,500 sq.ft.	$319,500	Airbnb cash on cash: 3.1% Traditional cash on cash: 3.81% Airbnb Rental Income: $2080 Traditional Rental Income: $1758 Airbnb ROI: 3.1% Traditional ROI: 3.81%
7050 Beamtree Dr Shelbyville, KY Welcome to 7050 Beamtree Drive, a beautiful traditional-style home in the desirable Clover...	4 beds \| 3 baths \| 2,096 sq.ft.	$359,900	Airbnb cash on cash: 4.26% Traditional cash on cash: 4.69% Airbnb Rental Income: $2742 Traditional Rental Income: $2241 Airbnb ROI: 4.26% Traditional ROI: 4.69%

Real Estate investment in Shelbyville, KY

There are 65 properties for sale in the city of Shelbyville . The median list price in Shelbyville is $317,310 and the average price per square foot is $131. In September 2026, the average monthly cash on cash return in Shelbyville is 4.00%. The average monthly rental income in Shelbyville is $1,846.

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

There are 65 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 $1,846.

Your search for investment property begins and ends here

Investment Property for Sale in Shelbyville, KY

6061 Edgemont Way

Shelbyville, KY

3 beds | 3 baths | 2,114 sq.ft.

$325,000

Airbnb cash on cash: 2.9%

Traditional cash on cash: 5.19%

Airbnb Rental Income: $2080

Traditional Rental Income: $2244

Airbnb ROI: 2.9%

Traditional ROI: 5.19%

181 Wedgewood Drive

Shelbyville, KY

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

$1,250,000

Airbnb cash on cash: -0.13%

Traditional cash on cash: 0.91%

Airbnb Rental Income: $2742

Traditional Rental Income: $3300

Airbnb ROI: -0.13%

Traditional ROI: 0.91%

2781 Brassfield Cir

Shelbyville, KY

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

$450,000

Airbnb cash on cash: 2.9%

Traditional cash on cash: 5.12%

Airbnb Rental Income: $2742

Traditional Rental Income: $3032

Airbnb ROI: 2.9%

Traditional ROI: 5.12%

15 Cherokee Dr

Shelbyville, KY

3 beds | 3 baths | 2,341 sq.ft.

$399,900

Airbnb cash on cash: 2.38%

Traditional cash on cash: 4.6%

Airbnb Rental Income: $2080

Traditional Rental Income: $2378

Airbnb ROI: 2.38%

Traditional ROI: 4.6%

1617 Doral Ct

Shelbyville, KY

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

$525,000

Airbnb cash on cash: 2.23%

Traditional cash on cash: 3.08%

Airbnb Rental Income: $2742

Traditional Rental Income: $2516

Airbnb ROI: 2.23%

Traditional ROI: 3.08%

1848 Blackwell Rd

Shelbyville, KY

3 beds | 2 baths | 1,300 sq.ft.

$241,000

Airbnb cash on cash: 4.52%

Traditional cash on cash: 5.03%

Airbnb Rental Income: $2080

Traditional Rental Income: $1661

Airbnb ROI: 4.52%

Traditional ROI: 5.03%

108 Exploration Path

Shelbyville, KY

3 beds | 3 baths | 2,187 sq.ft.

$325,000

Airbnb cash on cash: 2.9%

Traditional cash on cash: 7.7%

Airbnb Rental Income: $2080

Traditional Rental Income: $3013

Airbnb ROI: 2.9%

Traditional ROI: 7.7%

68 Goldenrod Ct

Shelbyville, KY

3 beds | 3 baths | 1,700 sq.ft.

$349,900

Airbnb cash on cash: 3.32%

Traditional cash on cash: 6.64%

Airbnb Rental Income: $2080

Traditional Rental Income: $2637

Airbnb ROI: 3.32%