617 W Franklin Street, Shelbyville, IN 46176

Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
617 W Franklin Street,Shelbyville, IN 46176
$324,900
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: justin polston
Office: mackenzie allen, polston & ass
MLS#:22078666
Source:IN_MIBOR

Price summary

  • Price:$324,900

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
  • Listing ID #:22078666
  • Added:1 day(s) ago
  • Updated:February 25, 2026 at 03:52 PM

Structure and exterior

  • Year built:1876
  • Lot area:0.19 Acres

Schools

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

Finances and disclosures

  • Price:$324,900
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