Real Estate Investment Properties for Sale in Shelby, OH

Looking for investment property in Shelby, OH with high ROI ?

Explore a variety of short-term homes & houses in Shelby, OH. Invest wisely with VRBO & Shelby, OH 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 Shelby, OH

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
2484 E Smiley Road Shelby, OH "Back on Market due to buyer lending issue, through no fault of its own." Must see this Lo...	4 beds \| 4 baths \| 2,880 sq.ft.	$439,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.6% Airbnb Rental Income: $null Traditional Rental Income: $3478 Airbnb ROI: N/A Traditional ROI: 6.6%
24 Sunset Drive Shelby, OH Step inside this inviting home where thoughtful updates bring comfort and ease. The primar...	3 beds \| 3 baths \| 1,378 sq.ft.	$234,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.76% Airbnb Rental Income: $null Traditional Rental Income: $2450 Airbnb ROI: N/A Traditional ROI: 8.76%
159 Main Street Shelby, OH Over 2400 sq. ft. of living space located in Shelby SD, close to parks. Wide open space be...	4 beds \| 2 baths \| 2,448 sq.ft.	$245,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.16% Airbnb Rental Income: $null Traditional Rental Income: $2602 Airbnb ROI: N/A Traditional ROI: 9.16%
348 Main Street Shelby, OH Welcome to 348 W. Main St Shelby â a beautifully maintained 3-bedroom, 2-bath ranch home...	3 beds \| 2 baths \| 1,580 sq.ft.	$270,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.74% Airbnb Rental Income: $null Traditional Rental Income: $2306 Airbnb ROI: N/A Traditional ROI: 5.74%
7199 State Route 598 Shelby, OH Welcome home to this move-in-ready 4 bedroom, 1 bath property on a generous 1-acre lotâi...	4 beds \| 1 baths \| 1,900 sq.ft.	$239,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.15% Airbnb Rental Income: $null Traditional Rental Income: $1163 Airbnb ROI: N/A Traditional ROI: 3.15%
6247 State Route 61 Shelby, OH Quiet rural Ohio living at its best! Ideally located for those who love skiing at Snow Tra...	5 beds \| 2 baths \| 2,759 sq.ft.	$612,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.96% Airbnb Rental Income: $null Traditional Rental Income: $2767 Airbnb ROI: N/A Traditional ROI: 2.96%
2392 Smiley Rd Shelby, OH Welcome to 2392 E Smiley Rd! Nestled on a little over 2 acres, this charming split level o...	3 beds \| 2 baths \| 2,628 sq.ft.	$314,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.44% Airbnb Rental Income: $null Traditional Rental Income: $2246 Airbnb ROI: N/A Traditional ROI: 5.44%
3768 State Route 39 Shelby, OH Completely remodeled in 2025! This stunning 3-bedroom, 1-bath home in Shelby offers the pe...	3 beds \| 1 baths \| 1,506 sq.ft.	$149,900	Airbnb cash on cash: N/A Traditional cash on cash: 11.3% Airbnb Rental Income: $null Traditional Rental Income: $1968 Airbnb ROI: N/A Traditional ROI: 11.3%
185 Broadway St Shelby, OH Motivated Sellers Welcome to 185 N. Broadway! This charming 3-bedroom, 1-bath home in ...	3 beds \| 1 baths \| 1,239 sq.ft.	$145,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.99% Airbnb Rental Income: $null Traditional Rental Income: $1715 Airbnb ROI: N/A Traditional ROI: 9.99%
671 Bendle Ave Shelby, OH Here's your chance to grab your ranch on the south end of town. You will love the quiet s...	2 beds \| 2 baths \| 1,352 sq.ft.	$159,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.15% Airbnb Rental Income: $null Traditional Rental Income: $1989 Airbnb ROI: N/A Traditional ROI: 10.15%
16 Grace Avenue Shelby, OH Great Shelby 2/1 Home w/ Detached 2-Car Garage on quiet street. Newly renovated. New Kitch...	2 beds \| 1 baths \| 1,126 sq.ft.	$127,500	Airbnb cash on cash: N/A Traditional cash on cash: 10.41% Airbnb Rental Income: $null Traditional Rental Income: $1603 Airbnb ROI: N/A Traditional ROI: 10.41%
26 Grand Blvd. Shelby, OH Charming Victorian on Three Parcels â Half Acre of Character & History! This spacious 3-...	3 beds \| 2 baths \| 2,384 sq.ft.	$262,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.56% Airbnb Rental Income: $null Traditional Rental Income: $2652 Airbnb ROI: N/A Traditional ROI: 8.56%
75 Whitney Avenue Shelby, OH Welcome to 75 E Whitney Ave in Shelby Schools â where everything is brand new! This full...	3 beds \| 1 baths \| 1,344 sq.ft.	$149,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.24% Airbnb Rental Income: $null Traditional Rental Income: $1804 Airbnb ROI: N/A Traditional ROI: 10.24%
33 Grand Boulevard Shelby, OH Welcome to the highly sought-after Park area-w/pool & tennis/pickleball courts. Home metic...	3 beds \| 3 baths \| 2,216 sq.ft.	$309,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.79% Airbnb Rental Income: $null Traditional Rental Income: $3159 Airbnb ROI: N/A Traditional ROI: 8.79%
23 Gaylord Ave Shelby, OH Well Kept! 3 bedrooms, 2 full baths! 3 Car garage & many nice updates! Vinyl windows, stan...	3 beds \| 2 baths \| 1,590 sq.ft.	$239,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.78% Airbnb Rental Income: $null Traditional Rental Income: $2454 Airbnb ROI: N/A Traditional ROI: 8.78%
23 River Bend Dr. Shelby, OH Well Kept with a Full basement! 2 bedrooms, 2 baths with spacious living. Very Nice Condo....	2 beds \| 2 baths \| 1,365 sq.ft.	$249,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.64% Airbnb Rental Income: $null Traditional Rental Income: $2075 Airbnb ROI: N/A Traditional ROI: 6.64%
33 Gaylord Ave Shelby, OH Charming ranch home offering comfortable, easy living just moments from Seltzer Park and t...	3 beds \| 2 baths \| 1,302 sq.ft.	$170,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.58% Airbnb Rental Income: $null Traditional Rental Income: $2125 Airbnb ROI: N/A Traditional ROI: 10.58%
59 Sunset Dr Shelby, OH Beautifully updated home with nearly 3,000 sq. ft. of finished space in the Shelby School ...	4 beds \| 3 baths \| 2,943 sq.ft.	$329,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.22% Airbnb Rental Income: $null Traditional Rental Income: $3274 Airbnb ROI: N/A Traditional ROI: 8.22%
32 Sharon St. Shelby, OH Cozy 2 bedroom corner lot property in Shelby, located with in walking distance to any of t...	2 beds \| 2 baths \| 1,147 sq.ft.	$127,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.68% Airbnb Rental Income: $null Traditional Rental Income: $1766 Airbnb ROI: N/A Traditional ROI: 10.68%
62 Raymond Avenue Shelby, OH Welcome home to 62 Raymond Avenue, a cute, cozy, recently updated home in Shelby that just...	3 beds \| 2 baths \| 840 sq.ft.	$159,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.64% Airbnb Rental Income: $null Traditional Rental Income: $1813 Airbnb ROI: N/A Traditional ROI: 9.64%
69 Renfrew Dr Shelby, OH Move right into this beautiful all-brick ranch! This spacious 3-bedroom, 2-bath home has b...	3 beds \| 2 baths \| 1,643 sq.ft.	$289,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.37% Airbnb Rental Income: $null Traditional Rental Income: $1787 Airbnb ROI: N/A Traditional ROI: 4.37%
22 Gaylord Ave Shelby, OH Beautiful Shelby home located conveniently close to Seltzer Park. This 3 bedroom, 2.5 bath...	3 beds \| 3 baths \| 1,520 sq.ft.	$179,900	Airbnb cash on cash: N/A Traditional cash on cash: 11.02% Airbnb Rental Income: $null Traditional Rental Income: $2319 Airbnb ROI: N/A Traditional ROI: 11.02%
171 west Smiley Shelby, OH Comfortable Ranch Home on Large Lot. You`ll appreciate this desirable neighborhood, locati...	2 beds \| 2 baths \| 1,299 sq.ft.	$219,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.66% Airbnb Rental Income: $null Traditional Rental Income: $1895 Airbnb ROI: N/A Traditional ROI: 6.66%
3389 Wareham Rd. Shelby, OH This 3 bedroom, 1 bath home sits on just under an acre and offers country charm with room ...	3 beds \| 1 baths \| 1,312 sq.ft.	$199,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.79% Airbnb Rental Income: $null Traditional Rental Income: $1906 Airbnb ROI: N/A Traditional ROI: 7.79%
1845 Taylortown Rd Shelby, OH From open fields to a tranquil pond, this 20.15-acre property blends natural beauty with p...	3 beds \| 3 baths \| 2,200 sq.ft.	$385,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.68% Airbnb Rental Income: $null Traditional Rental Income: $3057 Airbnb ROI: N/A Traditional ROI: 6.68%
31 Sherwood Shelby, OH Don't miss out on this four bedroom cape cod home. Located close to Seltzer Park, banks, ...	4 beds \| 2 baths \| 1,470 sq.ft.	$187,500	Airbnb cash on cash: N/A Traditional cash on cash: 10.9% Airbnb Rental Income: $null Traditional Rental Income: $2375 Airbnb ROI: N/A Traditional ROI: 10.9%
3059 Rock Rd Shelby, OH Well Built Ranch Home on 1.5 Acres just south of Shelby.	3 beds \| 1 baths \| 1,288 sq.ft.	$199,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.6% Airbnb Rental Income: $null Traditional Rental Income: $1878 Airbnb ROI: N/A Traditional ROI: 7.6%
2790 PLYMOUTH SPRINGMILL RD Shelby, OH Turn-key and beautifully designed 3-bedroom, 1-bath home! This move-in ready gem located i...	3 beds \| 1 baths \| 960 sq.ft.	$189,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.34% Airbnb Rental Income: $null Traditional Rental Income: $1704 Airbnb ROI: N/A Traditional ROI: 7.34%

Real Estate investment in Shelby, OH

There are 28 properties for sale in the city of Shelby . The median list price in Shelby is $188,700 and the average price per square foot is $115. In December 2025, the average monthly cash on cash return in Shelby is 9.00%. The average monthly rental income in Shelby is $2,147.

Shelby, OH Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 28 investment properties available for sale in Shelby.

The ROI for Short-Term is higher than the Long-Term in Shelby with average rental income of $N/A.

Your search for investment property begins and ends here

Investment Property for Sale in Shelby, OH

2484 E Smiley Road

Shelby, OH

4 beds | 4 baths | 2,880 sq.ft.

$439,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.6%

Airbnb Rental Income: $null

Traditional Rental Income: $3478

Airbnb ROI: N/A

Traditional ROI: 6.6%

24 Sunset Drive

Shelby, OH

3 beds | 3 baths | 1,378 sq.ft.

$234,900

Airbnb cash on cash: N/A

Traditional cash on cash: 8.76%

Airbnb Rental Income: $null

Traditional Rental Income: $2450

Airbnb ROI: N/A

Traditional ROI: 8.76%

159 Main Street

Shelby, OH

4 beds | 2 baths | 2,448 sq.ft.

$245,000

Airbnb cash on cash: N/A

Traditional cash on cash: 9.16%

Airbnb Rental Income: $null

Traditional Rental Income: $2602

Airbnb ROI: N/A

Traditional ROI: 9.16%

348 Main Street

Shelby, OH

3 beds | 2 baths | 1,580 sq.ft.

$270,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.74%

Airbnb Rental Income: $null

Traditional Rental Income: $2306

Airbnb ROI: N/A

Traditional ROI: 5.74%

7199 State Route 598

Shelby, OH

4 beds | 1 baths | 1,900 sq.ft.

$239,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.15%

Airbnb Rental Income: $null

Traditional Rental Income: $1163

Airbnb ROI: N/A

Traditional ROI: 3.15%

6247 State Route 61

Shelby, OH

5 beds | 2 baths | 2,759 sq.ft.

$612,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.96%

Airbnb Rental Income: $null

Traditional Rental Income: $2767

Airbnb ROI: N/A

Traditional ROI: 2.96%

2392 Smiley Rd

Shelby, OH

3 beds | 2 baths | 2,628 sq.ft.

$314,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.44%

Airbnb Rental Income: $null

Traditional Rental Income: $2246

Airbnb ROI: N/A

Traditional ROI: 5.44%

3768 State Route 39

Shelby, OH

3 beds | 1 baths | 1,506 sq.ft.

$149,900

Airbnb cash on cash: N/A

Traditional cash on cash: 11.3%

Airbnb Rental Income: $null

Traditional Rental Income: $1968

Airbnb ROI: N/A