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.
Contact an agent
Home facts
- Year built:1876
- Listing ID #:22078666
- Added:44 day(s) ago
- Updated:April 10, 2026 at 02:53 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:$324,900
New listings near 617 W Franklin Street
- New
$419,900Active5 beds 3 baths2,898 sq. ft.3643 W 600 S, Shelbyville, IN 46176
MLS# 22094306Listed by: RUNNEBOHM REALTY, LLC - New
$299,900Active3 beds 2 baths1,896 sq. ft.1402 Buttercup Lane, Shelbyville, IN 46176
MLS# 22094348Listed by: COMPASS INDIANA, LLC - New
$125,500Active4 beds 2 baths2,202 sq. ft.204 E Pennsylvania Street, Shelbyville, IN 46176
MLS# 22094064Listed by: RED BRIDGE REAL ESTATE - New
$230,000Active3 beds 2 baths1,618 sq. ft.2015 Red Oak Court, Shelbyville, IN 46176
MLS# 22093699Listed by: CHAVEZ REALTY LLC - New
$281,995Active3 beds 2 baths1,613 sq. ft.158 Luna Place, Shelbyville, IN 46176
MLS# 22093777Listed by: RIDGELINE REALTY, LLC - New
$179,980Active2 beds 1 baths1,064 sq. ft.622 8th Street, Shelbyville, IN 46176
MLS# 22092736Listed by: CARPENTER, REALTORS
$269,900Pending4 beds 2 baths2,192 sq. ft.3768 S 275 W, Shelbyville, IN 46176
MLS# 22093432Listed by: RUNNEBOHM REALTY, LLC- New
$230,000Active3 beds 2 baths2,067 sq. ft.1515 Canterbury Drive, Shelbyville, IN 46176
MLS# 22093371Listed by: STEVE LEW REAL ESTATE GROUP, LLC - New
$249,900Active3 beds 3 baths1,805 sq. ft.154 W Hendricks Street, Shelbyville, IN 46176
MLS# 22093175Listed by: THE PROPERTY SHOP OF INDIANA - New
$318,900Active4 beds 3 baths2,346 sq. ft.1550 Aster Drive, Shelbyville, IN 46176
MLS# 22093006Listed by: DRH REALTY OF INDIANA, LLC