617 W Franklin Street, Shelbyville, IN 46176

Shelbyville
Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
617 W Franklin Street,Shelbyville, IN 46176
$299,999
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: justin polston
Office: mackenzie allen, polston & ass
MLS#:22078666
Source:IN_MIBOR | Licensed in Indiana

Price summary

  • Price:$299,999

About this home

CASH COW! CALLING ALL INVESTORS! Incredible opportunity in the booming Shelbyville Community. Located in historic West Side, This 5 unit money maker is now up for sale! Why buy one investment door when you can buy 5? Several rehabs have taken place over the past few years, and several infrastructural improvements as well. Nice architectural features, sits on a corner of alley for easy parking for tenants and curb appeal. Breakdown of 5 aparrtments - - - Four 1 bedroom units and one studio. Rents are exceptional and LL pays all utilities with tenants reimbursing. Almost $50,000 of annual rent revenues. Additional 5 doors available on W Pennsylvania and can be sold as a package.

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Home facts

  • Year built:1876
  • Subdivision & Development:L M & M Franklin
  • Listing ID #:22078666
  • Added:226 day(s) ago
  • Updated:October 09, 2026 at 03:52 PM

Rooms and interior

  • Basement:Yes
  • Basement Description:Basement

Structure and exterior

  • Year built:1876
  • Lot area:0.19 Acres
  • Architectural Style:Colonial
  • Construction Materials:Vinyl Siding
  • Foundation Description:Block

Schools

  • High school:Shelbyville Sr High School
  • Middle school:Shelbyville Middle School
  • Elementary school:Thomas A Hendricks Elementary Sch

Finances and disclosures

  • Price:$299,999
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