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Beds/Baths

Bedrooms

Bathrooms

For Sale

Status

Property Type (6)

Property Type

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Square Feet

Lot Size

Year Built

Projected Rent

Cash on Cash Return

Monthly Cash Flow

Cap Rate

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Shelby County Investment Properties for Sale

Browse homes for sale and investment properties in Shelby County. Refine your search by price, property type, or more.

56 out of 63 properties for sale in Shelby County

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Property photo
Active
MIBOR

$237,500

3 bds | 2 ba | 2,147 sqft | built 1935
1625 S Riley Hwy, Shelbyville, IN 46176
$163
Cash flow
3.6%
Cash-on-Cash Return

7.0%
Cap rate
0.8%
Rent to Value Ratio
Property photo
Active
MIBOR

$235,000

3 bds | 2 ba | 1,666 sqft | built 1940
6982 E Michigan Rd, Waldron, IN 46182
$-100
Cash flow
-2.2%
Cash-on-Cash Return

5.6%
Cap rate
0.7%
Rent to Value Ratio
Property photo
Active
MIBOR

$270,000

4 bds | 3 ba | 3,401 sqft | built 2008
1121 Central Park Dr, Shelbyville, IN 46176
$-21
Cash flow
-0.4%
Cash-on-Cash Return

6.1%
Cap rate
0.7%
Rent to Value Ratio
Property photo
Active
MIBOR

$230,000

2 bds | 1 ba | 992 sqft | built 1927
3179 W 400 N, Fairland, IN 46126
$-74
Cash flow
-1.7%
Cash-on-Cash Return

5.8%
Cap rate
0.7%
Rent to Value Ratio
Property photo
Active
MIBOR

$299,000

4 bds | 3 ba | 2,472 sqft | built 1993
922 Eagle Brook Dr, Shelbyville, IN 46176
$-359
Cash flow
-6.3%
Cash-on-Cash Return

4.7%
Cap rate
0.6%
Rent to Value Ratio
Property photo
Active
MIBOR

$269,000

2 bds | 2 ba | 1,176 sqft | built 1968
1598 S Thompson Rd, Shelbyville, IN 46176
$-274
Cash flow
-5.3%
Cash-on-Cash Return

4.9%
Cap rate
0.6%
Rent to Value Ratio
Property photo
Active
MIBOR

$330,000

0 bds | 0 ba | 0 sqft | built 1890
40 E Mechanic St, Shelbyville, IN 46176
$-1,000
Cash flow
-15.8%
Cash-on-Cash Return

2.5%
Cap rate
0.3%
Rent to Value Ratio
Property photo
Active
MIBOR

$234,900

3 bds | 2 ba | 1,135 sqft | built 2003
2007 Augusta Ct, Shelbyville, IN 46176
$-103
Cash flow
-2.3%
Cash-on-Cash Return

5.6%
Cap rate
0.7%
Rent to Value Ratio
Property photo
Active
MIBOR

$199,900

3 bds | 2 ba | 1,903 sqft | built 1940
316 E Mechanic St, Shelbyville, IN 46176
$-127
Cash flow
-3.3%
Cash-on-Cash Return

5.4%
Cap rate
0.7%
Rent to Value Ratio
Property photo
Active
MIBOR

$310,000

3 bds | 3 ba | 2,922 sqft | built 2021
1338 Delacorte Cir, Shelbyville, IN 46176
$-70
Cash flow
-1.2%
Cash-on-Cash Return

5.9%
Cap rate
0.7%
Rent to Value Ratio
Property photo
Active
MIBOR

$292,000

3 bds | 3 ba | 1,827 sqft | built 1991
321 S Locust Dr, Morristown, IN 46161
$-116
Cash flow
-2.1%
Cash-on-Cash Return

5.7%
Cap rate
0.7%
Rent to Value Ratio
Property photo
Active
MIBOR

$239,980

4 bds | 3 ba | 2,152 sqft | built 2005
854 Saraina Rd, Shelbyville, IN 46176
$-5
Cash flow
-0.1%
Cash-on-Cash Return

6.1%
Cap rate
0.8%
Rent to Value Ratio
Property photo
Active
MIBOR

$299,000

3 bds | 2 ba | 1,344 sqft | built 1965
8990 N 850 W, Fairland, IN 46126
$-359
Cash flow
-6.3%
Cash-on-Cash Return

4.7%
Cap rate
0.6%
Rent to Value Ratio
Property photo
Active
MIBOR

$340,000

4 bds | 2 ba | 1,540 sqft | built 1960
3348 W 800 N, Fairland, IN 46126
$-845
Cash flow
-13.0%
Cash-on-Cash Return

3.2%
Cap rate
0.4%
Rent to Value Ratio
Property photo
Active
MIBOR

$239,990

3 bds | 2 ba | 1,150 sqft | built 2008
311 Fox Ridge Ct, Shelbyville, IN 46176
$-125
Cash flow
-2.7%
Cash-on-Cash Return

5.5%
Cap rate
0.7%
Rent to Value Ratio
Property photo
Active
MIBOR

$240,000

2 bds | 1 ba | 1,472 sqft | built 1930
1121 W Washington Ave, Shelbyville, IN 46176
$-125
Cash flow
-2.7%
Cash-on-Cash Return

5.5%
Cap rate
0.7%
Rent to Value Ratio
Property photo
Active
MIBOR

$225,000

4 bds | 3 ba | 2,416 sqft | built 1939
15 N Miller St, Shelbyville, IN 46176
$227
Cash flow
5.3%
Cash-on-Cash Return

7.4%
Cap rate
0.9%
Rent to Value Ratio
Property photo
Active
MIBOR

$550,000

4 bds | 3 ba | 2,378 sqft | built 1974
7896 W 800 N, Fairland, IN 46126
$-1,299
Cash flow
-12.3%
Cash-on-Cash Return

3.3%
Cap rate
0.4%
Rent to Value Ratio
Property photo
Active
MIBOR

$115,000

2 bds | 0 ba | 0 sqft | built 1915
123 Conrey St, Shelbyville, IN 46176
$170
Cash flow
7.7%
Cash-on-Cash Return

7.9%
Cap rate
1.0%
Rent to Value Ratio
Property photo
Active
MIBOR

$230,000

3 bds | 1 ba | 1,392 sqft | built 1962
5719 N Frontage Rd, Fairland, IN 46126
$-74
Cash flow
-1.7%
Cash-on-Cash Return

5.8%
Cap rate
0.7%
Rent to Value Ratio
Property photo
Active
MIBOR

$225,000

3 bds | 2 ba | 1,274 sqft | built 1968
1460 W Mc Kay Rd, Shelbyville, IN 46176
$20
Cash flow
0.5%
Cash-on-Cash Return

6.3%
Cap rate
0.8%
Rent to Value Ratio
Property photo
Active
MIBOR

$419,900

4 bds | 3 ba | 3,631 sqft | built 2022
1305 Bontrager Ln, Shelbyville, IN 46176
$-451
Cash flow
-5.6%
Cash-on-Cash Return

4.9%
Cap rate
0.6%
Rent to Value Ratio
Property photo
Active
MIBOR

$109,900

1 bds | 1 ba | 738 sqft | built 1964
931 W Mc Kay Rd, Shelbyville, IN 46176
$-166
Cash flow
-7.9%
Cash-on-Cash Return

4.3%
Cap rate
0.7%
Rent to Value Ratio
Property photo
Active
MIBOR

$364,800

3 bds | 3 ba | 1,920 sqft | built 1974
2900 N Michigan Rd, Shelbyville, IN 46176
$-489
Cash flow
-7.0%
Cash-on-Cash Return

4.5%
Cap rate
0.5%
Rent to Value Ratio
Property photo
Active
MIBOR

$418,000

3 bds | 2 ba | 1,994 sqft | built 1983
11546 N Shelby 300 W, New Palestine, IN 46163
$-554
Cash flow
-6.9%
Cash-on-Cash Return

4.6%
Cap rate
0.6%
Rent to Value Ratio
Property photo
Active
MIBOR

$220,000

3 bds | 2 ba | 2,560 sqft | built 1910
11368 S Main St, Flat Rock, IN 47234
$-23
Cash flow
-0.5%
Cash-on-Cash Return

6.0%
Cap rate
0.7%
Rent to Value Ratio
Property photo
Active
MIBOR

$324,900

1 bds | 0 ba | 0 sqft | built 1876
617 W Franklin St, Shelbyville, IN 46176
$-1,043
Cash flow
-16.7%
Cash-on-Cash Return

2.3%
Cap rate
0.3%
Rent to Value Ratio
Property photo
Active
MIBOR

$354,900

3 bds | 2 ba | 2,695 sqft | built 1956
504 S Main St, Waldron, IN 46182
$-645
Cash flow
-9.5%
Cash-on-Cash Return

4.0%
Cap rate
0.5%
Rent to Value Ratio
Property photo
Active
MIBOR

$179,900

4 bds | 2 ba | 1,905 sqft | built 1954
1019 E Jackson St, Shelbyville, IN 46176
$44
Cash flow
1.3%
Cash-on-Cash Return

6.4%
Cap rate
0.8%
Rent to Value Ratio
Property photo
Active
MIBOR

$499,900

4 bds | 3 ba | 2,349 sqft | built 1992
2413 Griton Ct, Shelbyville, IN 46176
$-383
Cash flow
-4.0%
Cash-on-Cash Return

5.2%
Cap rate
0.6%
Rent to Value Ratio
Property photo
Active
MIBOR

$164,900

3 bds | 1 ba | 1,080 sqft | built 1920
1315 Meridian St, Shelbyville, IN 46176
$259
Cash flow
8.2%
Cash-on-Cash Return

8.0%
Cap rate
1.0%
Rent to Value Ratio
Property photo
Active
MIBOR

$219,995

2 bds | 2 ba | 1,654 sqft | built 1950
1103 Fairfield Dr, Shelbyville, IN 46176
$-23
Cash flow
-0.5%
Cash-on-Cash Return

6.0%
Cap rate
0.7%
Rent to Value Ratio
Property photo
Active
MIBOR

$399,900

5 bds | 3 ba | 2,832 sqft | built 1970
5081 N 500 W, Fairland, IN 46126
$-530
Cash flow
-6.9%
Cash-on-Cash Return

4.6%
Cap rate
0.6%
Rent to Value Ratio
Property photo
Active
MIBOR

$319,000

4 bds | 3 ba | 2,463 sqft | built 2023
1435 Buttercup Ln, Shelbyville, IN 46176
$-154
Cash flow
-2.5%
Cash-on-Cash Return

5.6%
Cap rate
0.7%
Rent to Value Ratio
Property photo
Active
MIBOR

$174,900

4 bds | 1 ba | 1,056 sqft | built 1959
609 Willow Dr, Shelbyville, IN 46176
$70
Cash flow
2.1%
Cash-on-Cash Return

6.6%
Cap rate
0.8%
Rent to Value Ratio
Property photo
Active
MIBOR

$2,400,000

5 bds | 5 ba | 10,350 sqft | built 1996
3917 N 525 W, Fairland, IN 46126
$-8,913
Cash flow
-19.4%
Cash-on-Cash Return

1.7%
Cap rate
0.2%
Rent to Value Ratio
Property photo
Active
MIBOR

$226,000

3 bds | 2 ba | 2,641 sqft | built 1900
430 W Locust St, Shelbyville, IN 46176
$15
Cash flow
0.3%
Cash-on-Cash Return

6.2%
Cap rate
0.8%
Rent to Value Ratio
Property photo
Active
MIBOR

$119,900

3 bds | 1 ba | 864 sqft | built 1958
1688 Cardinal Ln, Shelbyville, IN 46176
$283
Cash flow
12.3%
Cash-on-Cash Return

9.0%
Cap rate
1.1%
Rent to Value Ratio