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$299,999

617 W Franklin Street, Shelbyville IN, 46176

Price per sqftN/A
Built in1876
Property typeMulti-family
Courtesy of Mackenzie Allen, Polston & Ass, Justin Polston Listing Contact:

Overview

Active

Listed Jan 6, 2026

Updated Jun 10

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.

$1,996/mo

Est. mortgage payment based on a $299,999 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
22078666

Interior Features

Basement
Yes

Exterior Features

Lot Size
0.19 Acres

Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Kelly Todd shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS.

Based on information submitted to the MLS GRID as of 4:36 PM UTC on 6/10/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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