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.

Woodlawn Investment Property for Sale in Shelbyville, KY

Search for Woodlawn Investment Property for Sale in Shelbyville, Kentucky. Browse all of Mashvisor’s Woodlawn Investment Property listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 62 Woodlawn Investment Property 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
6078 Edgemont Way Shelbyville, KY Discover the perfect blend of modern updates and thoughtful design in this freshly updated...	3 beds \| 2 baths \| 1,642 sq.ft.	$329,000	Airbnb cash on cash: 1.4% Traditional cash on cash: 4.25% Airbnb Rental Income: $1547 Traditional Rental Income: $1982 Airbnb ROI: 1.4% Traditional ROI: 4.25%
129 Alton Rd Shelbyville, KY Charming, centrally located home in the heart of Shelbyville that blends character and eve...	3 beds \| 1 baths \| 1,462 sq.ft.	$289,900	Airbnb cash on cash: 1.83% Traditional cash on cash: 3.5% Airbnb Rental Income: $1547 Traditional Rental Income: $1554 Airbnb ROI: 1.83% Traditional ROI: 3.5%
165 Woodfield Cir Shelbyville, KY This beautifully maintained property is nestled in the Woodfield neighborhood. The spaciou...	4 beds \| 2 baths \| 2,569 sq.ft.	$315,000	Airbnb cash on cash: 4.03% Traditional cash on cash: 5.63% Airbnb Rental Income: $2429 Traditional Rental Income: $2310 Airbnb ROI: 4.03% Traditional ROI: 5.63%
255 Jeptha Knob Rd Shelbyville, KY You must see the one of a kind home in Shelby County. Nestled on a quiet, dead end street,...	3 beds \| 1 baths \| 1,310 sq.ft.	$249,000	Airbnb cash on cash: 2.92% Traditional cash on cash: 5.83% Airbnb Rental Income: $1547 Traditional Rental Income: $1786 Airbnb ROI: 2.92% Traditional ROI: 5.83%
1848 Blackwell Rd Shelbyville, KY Welcome home to this beautifully maintained 3-bedroom, 2 full bath townhouse-style patio h...	3 beds \| 2 baths \| 1,300 sq.ft.	$247,900	Airbnb cash on cash: 2.45% Traditional cash on cash: 4.84% Airbnb Rental Income: $1547 Traditional Rental Income: $1661 Airbnb ROI: 2.45% Traditional ROI: 4.84%
308 Fishman Circle Shelbyville, KY Assumable low intent loan!!! This home is true waterfront, offering breathtaking lake view...	4 beds \| 5 baths \| 4,850 sq.ft.	$765,000	Airbnb cash on cash: 0.59% Traditional cash on cash: 5.9% Airbnb Rental Income: $2429 Traditional Rental Income: $5621 Airbnb ROI: 0.59% Traditional ROI: 5.9%
108 Exploration Path Shelbyville, KY Hurry! Super location close to everything and within walking distance of Collins High Scho...	3 beds \| 2 baths \| 2,187 sq.ft.	$325,000	Airbnb cash on cash: 1.44% Traditional cash on cash: 7.7% Airbnb Rental Income: $1547 Traditional Rental Income: $3013 Airbnb ROI: 1.44% Traditional ROI: 7.7%
1019 Dotland Cir Shelbyville, KY Welcome to your new home in Shelbyville! This well-maintained brick ranch features 2 bedro...	2 beds \| 2 baths \| 1,796 sq.ft.	$255,000	Airbnb cash on cash: 2.18% Traditional cash on cash: 2.84% Airbnb Rental Income: $1503 Traditional Rental Income: $1223 Airbnb ROI: 2.18% Traditional ROI: 2.84%
8301 Charleston Way Shelbyville, KY Beautiful brick ranch on a level 1 acre lot in the highly desired Charleston neighborhood ...	3 beds \| 2 baths \| 1,810 sq.ft.	$405,000	Airbnb cash on cash: 0.8% Traditional cash on cash: 2.99% Airbnb Rental Income: $1547 Traditional Rental Income: $1931 Airbnb ROI: 0.8% Traditional ROI: 2.99%
928 Guist Creek Drive Shelbyville, KY Nice 3 bedroom , 1 1/2 bath brick home ,freshly painted, new carpet, 1 car detached garage...	3 beds \| 2 baths \| 1,189 sq.ft.	$252,900	Airbnb cash on cash: 2.71% Traditional cash on cash: 4.55% Airbnb Rental Income: $1547 Traditional Rental Income: $1541 Airbnb ROI: 2.71% Traditional ROI: 4.55%
134 Apple Tree Way Shelbyville, KY Welcome to this three-year-old, one-level home offering 4 bedrooms and 2 full baths. The o...	4 beds \| 2 baths \| 1,771 sq.ft.	$315,000	Airbnb cash on cash: 4.03% Traditional cash on cash: 5.18% Airbnb Rental Income: $2429 Traditional Rental Income: $2177 Airbnb ROI: 4.03% Traditional ROI: 5.18%
1858 Blackwell Rd Shelbyville, KY This "like new" home offers all the comforts of modern living, featuring abundant natural ...	3 beds \| 2 baths \| 1,100 sq.ft.	$252,900	Airbnb cash on cash: 2.37% Traditional cash on cash: 5.05% Airbnb Rental Income: $1547 Traditional Rental Income: $1742 Airbnb ROI: 2.37% Traditional ROI: 5.05%
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.	$1,290,000	Airbnb cash on cash: -0.01% Traditional cash on cash: 0.26% Airbnb Rental Income: $2992 Traditional Rental Income: $2631 Airbnb ROI: -0.01% Traditional ROI: 0.26%
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: 2.55% Traditional cash on cash: 6.87% Airbnb Rental Income: $1547 Traditional Rental Income: $2132 Airbnb ROI: 2.55% 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.	$475,000	Airbnb cash on cash: 2% Traditional cash on cash: 3.78% Airbnb Rental Income: $2429 Traditional Rental Income: $2629 Airbnb ROI: 2% Traditional ROI: 3.78%
3078 Barlows Brook Rd Shelbyville, KY NEARLY NEW 2024 CONTEMPORARY GEM IN HIGHLY DESIRED OSPREY COVE NEIGHBORHOOD - AND IT QUALI...	3 beds \| 3 baths \| 1,700 sq.ft.	$345,030	Airbnb cash on cash: 1.24% Traditional cash on cash: 5.08% Airbnb Rental Income: $1547 Traditional Rental Income: $2344 Airbnb ROI: 1.24% Traditional ROI: 5.08%
601 Brown Avenue Shelbyville, KY Timeless Charm Meets Modern Updates in the Heart of Shelbyville Welcome to 601 Brown Avenu...	4 beds \| 3 baths \| 2,509 sq.ft.	$499,000	Airbnb cash on cash: 1.88% Traditional cash on cash: 3.14% Airbnb Rental Income: $2429 Traditional Rental Income: $2424 Airbnb ROI: 1.88% Traditional ROI: 3.14%
5269 DOBSON Lane Shelbyville, KY CHARMING COTTAGE-STYLE RANCH HOME...CONVENIENTLY LOCATED...OPEN, INVITING FLOOR PLAN... of...	3 beds \| 2 baths \| 1,476 sq.ft.	$250,000	Airbnb cash on cash: 2.41% Traditional cash on cash: 6.51% Airbnb Rental Income: $1547 Traditional Rental Income: $2068 Airbnb ROI: 2.41% Traditional ROI: 6.51%
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: 3.53% Traditional cash on cash: 4.08% Airbnb Rental Income: $1503 Traditional Rental Income: $1176 Airbnb ROI: 3.53% Traditional ROI: 4.08%
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: -0.33% Traditional cash on cash: 2.17% Airbnb Rental Income: $2992 Traditional Rental Income: $6828 Airbnb ROI: -0.33% Traditional ROI: 2.17%
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.	$285,000	Airbnb cash on cash: 2.23% Traditional cash on cash: 4.7% Airbnb Rental Income: $1547 Traditional Rental Income: $1762 Airbnb ROI: 2.23% Traditional ROI: 4.7%
196 Kentucky St Shelbyville, KY	3 beds \| 1 baths \| 1,140 sq.ft.	$189,500	Airbnb cash on cash: 3.74% Traditional cash on cash: 5.42% Airbnb Rental Income: $1547 Traditional Rental Income: $1403 Airbnb ROI: 3.74% Traditional ROI: 5.42%
1510 St Andrews Dr Shelbyville, KY In one of the most desirable subdivsions in Shelby County, this home sits in the prestigio...	4 beds \| 5 baths \| 4,549 sq.ft.	$535,000	Airbnb cash on cash: 1.59% Traditional cash on cash: 7.29% Airbnb Rental Income: $2429 Traditional Rental Income: $4682 Airbnb ROI: 1.59% Traditional ROI: 7.29%
507 Matterhorn Dr Shelbyville, KY OPEN HOUSE THIS SATURDAY, MARCH 28TH FROM 12:30PM - 2:30PM! Welcome to 507 Matterhorn Driv...	4 beds \| 2 baths \| 1,620 sq.ft.	$298,000	Airbnb cash on cash: 4.31% Traditional cash on cash: 4.92% Airbnb Rental Income: $2429 Traditional Rental Income: $2007 Airbnb ROI: 4.31% Traditional ROI: 4.92%
394 Cove Rd Shelbyville, KY RARE LAKEFRONT OPPORTUNITY!! First time on the market, this ranch home is located on 2 lar...	4 beds \| 2 baths \| 2,881 sq.ft.	$514,900	Airbnb cash on cash: 2.31% Traditional cash on cash: 4.23% Airbnb Rental Income: $2429 Traditional Rental Income: $2760 Airbnb ROI: 2.31% Traditional ROI: 4.23%
650 Buckley Ln Shelbyville, KY This one of a kind property offers the perfect blend of privacy, space, and modern living....	4 beds \| 3 baths \| 3,550 sq.ft.	$529,900	Airbnb cash on cash: 2.02% Traditional cash on cash: 3.39% Airbnb Rental Income: $2429 Traditional Rental Income: $2512 Airbnb ROI: 2.02% Traditional ROI: 3.39%
315 Vildana Ct Shelbyville, KY BETTER THAN NEW! AMAZING PRICE for LIKE NEW BUILD in SHELBYVILLE! This stunning home is NO...	4 beds \| 2 baths \| 2,788 sq.ft.	$449,900	Airbnb cash on cash: 2.21% Traditional cash on cash: 4.14% Airbnb Rental Income: $2429 Traditional Rental Income: $2651 Airbnb ROI: 2.21% Traditional ROI: 4.14%
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: 2.83% Traditional cash on cash: 4.54% Airbnb Rental Income: $1547 Traditional Rental Income: $1493 Airbnb ROI: 2.83% Traditional ROI: 4.54%
41 Fairway Crossing Shelbyville, KY Take a look at this move in ready patio home located at 41 Fairway Crossing. Enter into th...	2 beds \| 2 baths \| 1,792 sq.ft.	$280,000	Airbnb cash on cash: 1.71% Traditional cash on cash: 5.21% Airbnb Rental Income: $1503 Traditional Rental Income: $1988 Airbnb ROI: 1.71% Traditional ROI: 5.21%
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.	$414,598	Airbnb cash on cash: 0.66% Traditional cash on cash: 2.58% Airbnb Rental Income: $1547 Traditional Rental Income: $1846 Airbnb ROI: 0.66% Traditional ROI: 2.58%
9717 Eminence Pike Shelbyville, KY Home and Barn of Seven Gables. Step into a Shelby County Dream: Where History Meets Possib...	4 beds \| 3 baths \| 4,790 sq.ft.	$1,099,000	Airbnb cash on cash: 0.35% Traditional cash on cash: 0.98% Airbnb Rental Income: $2429 Traditional Rental Income: $2481 Airbnb ROI: 0.35% Traditional ROI: 0.98%
979 Logan Station Rd Shelbyville, KY Custom 5-Acre Country Estate in Scenic Shelbyville, KY Experience luxury country living in...	4 beds \| 4 baths \| 5,167 sq.ft.	$1,500,000	Airbnb cash on cash: -0.11% Traditional cash on cash: 0.91% Airbnb Rental Income: $2429 Traditional Rental Income: $3252 Airbnb ROI: -0.11% Traditional ROI: 0.91%
27 Pheasant Glen Dr Shelbyville, KY NEW LISTING! Beautiful condominium home located in the coveted Pheasant Glen subdivision. ...	3 beds \| 3 baths \| 2,117 sq.ft.	$374,900	Airbnb cash on cash: 1.14% Traditional cash on cash: 5.85% Airbnb Rental Income: $1547 Traditional Rental Income: $2757 Airbnb ROI: 1.14% Traditional ROI: 5.85%
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.	$459,900	Airbnb cash on cash: 0.49% Traditional cash on cash: 3.17% Airbnb Rental Income: $1547 Traditional Rental Income: $2256 Airbnb ROI: 0.49% Traditional ROI: 3.17%
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: 4.18% Traditional cash on cash: 5.5% Airbnb Rental Income: $2429 Traditional Rental Income: $2231 Airbnb ROI: 4.18% Traditional ROI: 5.5%
5076 Tealwood Dr Shelbyville, KY Ranch, ranch, ranch with a full walk-out basement in Cloverbrook! This charming 3-bedroom,...	3 beds \| 2 baths \| 1,500 sq.ft.	$300,000	Airbnb cash on cash: 1.79% Traditional cash on cash: 4.32% Airbnb Rental Income: $1547 Traditional Rental Income: $1814 Airbnb ROI: 1.79% Traditional ROI: 4.32%
7061 Beamtree Drive Shelbyville, KY MOVE-IN READY...SOUGHT-AFTER LOCATION...OPEN FLOOR PLAN...This Beautiful Two-Story Home wi...	3 beds \| 2 baths \| 1,938 sq.ft.	$340,000	Airbnb cash on cash: 1.55% Traditional cash on cash: 4.57% Airbnb Rental Income: $1547 Traditional Rental Income: $2065 Airbnb ROI: 1.55% Traditional ROI: 4.57%
1018 Stratton Way Shelbyville, KY Move-in ready! 1018 Stratton Way is thoughtfully upgraded, and with 2,848sqft this home of...	4 beds \| 3 baths \| 2,848 sq.ft.	$415,000	Airbnb cash on cash: 3.41% Traditional cash on cash: 4.79% Airbnb Rental Income: $2429 Traditional Rental Income: $2374 Airbnb ROI: 3.41% Traditional ROI: 4.79%
2870 Cropper Rd Shelbyville, KY Set on over 22 acres, 2870 Cropper Rd offers scale, privacy, and flexibility that speaks t...	5 beds \| 5 baths \| 5,480 sq.ft.	$1,285,000	Airbnb cash on cash: 0.57% Traditional cash on cash: 2.53% Airbnb Rental Income: $2992 Traditional Rental Income: $4636 Airbnb ROI: 0.57% Traditional ROI: 2.53%
700 Learning Ridge Shelbyville, KY New construction by Fischer Homes in the beautiful Discovery Point community, featuring th...	2 beds \| 2 baths \| 1,730 sq.ft.	$409,900	Airbnb cash on cash: 0.67% Traditional cash on cash: 3.39% Airbnb Rental Income: $1503 Traditional Rental Income: $2108 Airbnb ROI: 0.67% Traditional ROI: 3.39%

Your search for investment property begins and ends here

Woodlawn Investment Property for Sale in Shelbyville, KY

6078 Edgemont Way

Shelbyville, KY

3 beds | 2 baths | 1,642 sq.ft.

$329,000

Airbnb cash on cash: 1.4%

Traditional cash on cash: 4.25%

Airbnb Rental Income: $1547

Traditional Rental Income: $1982

Airbnb ROI: 1.4%

Traditional ROI: 4.25%

129 Alton Rd

Shelbyville, KY

3 beds | 1 baths | 1,462 sq.ft.

$289,900

Airbnb cash on cash: 1.83%

Traditional cash on cash: 3.5%

Airbnb Rental Income: $1547

Traditional Rental Income: $1554

Airbnb ROI: 1.83%

Traditional ROI: 3.5%

165 Woodfield Cir

Shelbyville, KY

4 beds | 2 baths | 2,569 sq.ft.

$315,000

Airbnb cash on cash: 4.03%

Traditional cash on cash: 5.63%

Airbnb Rental Income: $2429

Traditional Rental Income: $2310

Airbnb ROI: 4.03%

Traditional ROI: 5.63%

255 Jeptha Knob Rd

Shelbyville, KY

3 beds | 1 baths | 1,310 sq.ft.

$249,000

Airbnb cash on cash: 2.92%

Traditional cash on cash: 5.83%

Airbnb Rental Income: $1547

Traditional Rental Income: $1786

Airbnb ROI: 2.92%

Traditional ROI: 5.83%

1848 Blackwell Rd

Shelbyville, KY

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

$247,900

Airbnb cash on cash: 2.45%

Traditional cash on cash: 4.84%

Airbnb Rental Income: $1547

Traditional Rental Income: $1661

Airbnb ROI: 2.45%

Traditional ROI: 4.84%

308 Fishman Circle

Shelbyville, KY

4 beds | 5 baths | 4,850 sq.ft.

$765,000

Airbnb cash on cash: 0.59%

Traditional cash on cash: 5.9%

Airbnb Rental Income: $2429

Traditional Rental Income: $5621

Airbnb ROI: 0.59%

Traditional ROI: 5.9%

108 Exploration Path

Shelbyville, KY

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

$325,000

Airbnb cash on cash: 1.44%

Traditional cash on cash: 7.7%

Airbnb Rental Income: $1547

Traditional Rental Income: $3013

Airbnb ROI: 1.44%

Traditional ROI: 7.7%

1019 Dotland Cir

Shelbyville, KY

2 beds | 2 baths | 1,796 sq.ft.

$255,000

Airbnb cash on cash: 2.18%

Traditional cash on cash: 2.84%

Airbnb Rental Income: $1503

Traditional Rental Income: $1223

Airbnb ROI: 2.18%