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
97 Gamble Street Shelby, OH Charming two-story home with beautiful natural woodwork and an inviting open foyer featuri...	3 beds \| 1 baths \| 1,320 sq.ft.	$137,900	Airbnb cash on cash: N/A Traditional cash on cash: 11.36% Airbnb Rental Income: $null Traditional Rental Income: $1824 Airbnb ROI: N/A Traditional ROI: 11.36%
624 Bendle Ave Shelby, OH Motivated Seller!!! Two large, renovated bedrooms upstairs, with a full bath and living ro...	4 beds \| 3 baths \| 1,593 sq.ft.	$279,500	Airbnb cash on cash: N/A Traditional cash on cash: 5.5% Airbnb Rental Income: $null Traditional Rental Income: $1942 Airbnb ROI: N/A Traditional ROI: 5.5%
70 Mansfield Avenue Shelby, OH Charming 3 bedroom, 1.5 bath, 2 story move-in ready with modern updates and timeless appea...	3 beds \| 2 baths \| 1,964 sq.ft.	$220,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.64% Airbnb Rental Income: $null Traditional Rental Income: $2500 Airbnb ROI: N/A Traditional ROI: 9.64%
16 Earl Ave. Shelby, OH Renovated & Ready to Move into! Everything replaced or repaired - all new plumbing & insp...	4 beds \| 2 baths \| 2,426 sq.ft.	$195,900	Airbnb cash on cash: N/A Traditional cash on cash: 11.69% Airbnb Rental Income: $null Traditional Rental Income: $2601 Airbnb ROI: N/A Traditional ROI: 11.69%
3763 State Route 39 Shelby, OH This property is being sold only as a package with the adjoining commercial parcel located...	3 beds \| 1 baths \| 1,064 sq.ft.	$150,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.69% Airbnb Rental Income: $null Traditional Rental Income: $1698 Airbnb ROI: N/A Traditional ROI: 9.69%
16 Third Street Shelby, OH Welcome to 16 Third St, a beautifully updated 2 bed, 1 bath home offering 966 sq ft of liv...	2 beds \| 1 baths \| 966 sq.ft.	$144,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.65% Airbnb Rental Income: $null Traditional Rental Income: $1500 Airbnb ROI: N/A Traditional ROI: 8.65%
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%
38 Woodland Rd. Shelby, OH This beautifully maintained Cape Cod style home offers timeless character with modern upda...	3 beds \| 2 baths \| 2,635 sq.ft.	$329,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.61% Airbnb Rental Income: $null Traditional Rental Income: $2665 Airbnb ROI: N/A Traditional ROI: 6.61%
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.	$415,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.13% Airbnb Rental Income: $null Traditional Rental Income: $3057 Airbnb ROI: N/A Traditional ROI: 6.13%
502 Bendle Avenue Shelby, OH Welcome to 502 Bendle Avenue where comfort meets convenience on just over two acres within...	4 beds \| 2 baths \| 1,362 sq.ft.	$225,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.04% Airbnb Rental Income: $null Traditional Rental Income: $2264 Airbnb ROI: N/A Traditional ROI: 8.04%
2484 E Smiley Road Shelby, OH Must see this Lovely Country Home just outside of town! This Newer Brick home feels cozy b...	4 beds \| 4 baths \| 2,880 sq.ft.	$459,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.28% Airbnb Rental Income: $null Traditional Rental Income: $3478 Airbnb ROI: N/A Traditional ROI: 6.28%
3619 Springmill Road Shelby, OH ONSITE PUBLIC AUCTION - Friday, September 26 at 10am - Real Estate sells at 12noon. Outsta...	4 beds \| 3 baths \| 2,266 sq.ft.	$250,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.47% Airbnb Rental Income: $null Traditional Rental Income: $1484 Airbnb ROI: N/A Traditional ROI: 4.47%
2724 Country Meadows Drive Shelby, OH By no fault of the sellers, this gorgeous property is back on the market! This custom-buil...	3 beds \| 3 baths \| 3,330 sq.ft.	$469,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.74% Airbnb Rental Income: $null Traditional Rental Income: $2971 Airbnb ROI: N/A Traditional ROI: 4.74%
83 2nd Street Shelby, OH Charming home on a quiet residential street in Shelby with 3 bedrooms and 2 full baths! A...	3 beds \| 2 baths \| 1,220 sq.ft.	$149,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.91% Airbnb Rental Income: $null Traditional Rental Income: $1915 Airbnb ROI: N/A Traditional ROI: 10.91%
16.5 Monroe Avenue Shelby, OH Small Cape Cod located within walking distance to Black Fork Brewing, Seltzer Park and do...	2 beds \| 1 baths \| 936 sq.ft.	$125,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.16% Airbnb Rental Income: $null Traditional Rental Income: $1522 Airbnb ROI: N/A Traditional ROI: 10.16%
155 Smiley Avenue Shelby, OH Beautifully updated and well-maintained 4-bedroom, 2-bath home on over half an acre. The f...	4 beds \| 2 baths \| 1,782 sq.ft.	$249,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.5% Airbnb Rental Income: $null Traditional Rental Income: $2519 Airbnb ROI: N/A Traditional ROI: 8.5%
171 Smiley Shelby, OH Comfortable Ranch Home on Large. You`ll appreciate this desirable neighborhood, location &...	2 beds \| 2 baths \| 1,299 sq.ft.	$199,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.41% Airbnb Rental Income: $null Traditional Rental Income: $1895 Airbnb ROI: N/A Traditional ROI: 7.41%
221 Joelynn Drive Shelby, OH One owner Shelby home that has been well maintained and ready to move in. This split level...	3 beds \| 2 baths \| 1,728 sq.ft.	$225,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.21% Airbnb Rental Income: $null Traditional Rental Income: $2440 Airbnb ROI: N/A Traditional ROI: 9.21%
47 Sherman Ave Shelby, OH Nice little house! 30x40 out buidling, 2 car attached garage, 4 bedrooms, large family roo...	4 beds \| 1 baths \| 1,148 sq.ft.	$159,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.68% Airbnb Rental Income: $null Traditional Rental Income: $1999 Airbnb ROI: N/A Traditional ROI: 10.68%
2765 Hummel Rd. Shelby, OH Coming Soon! Tucked away in a peaceful, private setting, this custom built brick and vinyl...	4 beds \| 3 baths \| 2,388 sq.ft.	$535,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.18% Airbnb Rental Income: $null Traditional Rental Income: $3042 Airbnb ROI: N/A Traditional ROI: 4.18%
163 Main Street Shelby, OH Beautifully updated 3 bedroom, 1.5 bathroom home in the Shelby School District. The large ...	3 beds \| 2 baths \| 1,544 sq.ft.	$175,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.03% Airbnb Rental Income: $null Traditional Rental Income: $2220 Airbnb ROI: N/A Traditional ROI: 11.03%
80 Glenwood Drive Shelby, OH Beautifully renovated with 3 bedrooms & 2 baths! Awesome location in the park bordering th...	3 beds \| 2 baths \| 1,616 sq.ft.	$239,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.32% Airbnb Rental Income: $null Traditional Rental Income: $2365 Airbnb ROI: N/A Traditional ROI: 8.32%
163 E Main Street Shelby, OH Beautifully updated 3 bedroom, 1.5 bathroom home in the Shelby School District. The large ...	3 beds \| 2 baths \| 1,544 sq.ft.	$175,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.9% Airbnb Rental Income: $null Traditional Rental Income: $2199 Airbnb ROI: N/A Traditional ROI: 10.9%

Real Estate investment in Shelby, OH

There are 24 properties for sale in the city of Shelby . The median list price in Shelby is $195,900 and the average price per square foot is $117. In September 2025, the average monthly cash on cash return in Shelby is 10.00%. The average monthly rental income in Shelby is $2,199.

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

There are 24 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

97 Gamble Street

Shelby, OH

3 beds | 1 baths | 1,320 sq.ft.

$137,900

Airbnb cash on cash: N/A

Traditional cash on cash: 11.36%

Airbnb Rental Income: $null

Traditional Rental Income: $1824

Airbnb ROI: N/A

Traditional ROI: 11.36%

624 Bendle Ave

Shelby, OH

4 beds | 3 baths | 1,593 sq.ft.

$279,500

Airbnb cash on cash: N/A

Traditional cash on cash: 5.5%

Airbnb Rental Income: $null

Traditional Rental Income: $1942

Airbnb ROI: N/A

Traditional ROI: 5.5%

70 Mansfield Avenue

Shelby, OH

3 beds | 2 baths | 1,964 sq.ft.

$220,000

Airbnb cash on cash: N/A

Traditional cash on cash: 9.64%

Airbnb Rental Income: $null

Traditional Rental Income: $2500

Airbnb ROI: N/A

Traditional ROI: 9.64%

16 Earl Ave.

Shelby, OH

4 beds | 2 baths | 2,426 sq.ft.

$195,900

Airbnb cash on cash: N/A

Traditional cash on cash: 11.69%

Airbnb Rental Income: $null

Traditional Rental Income: $2601

Airbnb ROI: N/A

Traditional ROI: 11.69%

3763 State Route 39

Shelby, OH

3 beds | 1 baths | 1,064 sq.ft.

$150,000

Airbnb cash on cash: N/A

Traditional cash on cash: 9.69%

Airbnb Rental Income: $null

Traditional Rental Income: $1698

Airbnb ROI: N/A

Traditional ROI: 9.69%

16 Third Street

Shelby, OH

2 beds | 1 baths | 966 sq.ft.

$144,900

Airbnb cash on cash: N/A

Traditional cash on cash: 8.65%

Airbnb Rental Income: $null

Traditional Rental Income: $1500

Airbnb ROI: N/A

Traditional ROI: 8.65%

3389 Wareham Rd.

Shelby, OH

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%

38 Woodland Rd.

Shelby, OH

3 beds | 2 baths | 2,635 sq.ft.

$329,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.61%

Airbnb Rental Income: $null

Traditional Rental Income: $2665

Airbnb ROI: N/A