617 W Franklin Street, Shelbyville, IN 46176
Multi-Family Home
Built in 1876
8,276sqft lot
—— car garage
$——/sqft
Listed 1 month ago
Property Description
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.
- Listing Status:
- Active
- Data Last Updated:
- February 17, 2026 at 5:20AM
- Listing Office:
- Mackenzie Allen, Polston & Ass : 317-364-1106
- Listing Agent:
- Justin Polston : 317-364-1106
- MLS ID:
- 22078666

- Style: ColonialTraditional
- General: TwoBlockBrick/Mortar
- Originating MLS: mibor
- School District: Shelbyville Central Schools
- County: Shelby
- Zoning: COMMERCIAL APTSL M & M Franklin Lt15 617 W Franklin St (Apts)731106100207000002
- Current Use: Apt<20
- Source: mibor
This listing courtesy of Justin Polston , Mackenzie Allen, Polston & Ass
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Thomas a Hendricks Elementary School
1111 Saint Joseph St, Shelbyville, IN, 46176
Grades KG-5
0.90 miles away
Shelbyville Middle School
1200 W McKay Rd, Shelbyville, IN, 46176
Grades 6-8
1.23 miles away
Shelbyville Sr High School
2003 S Miller St, Shelbyville, IN, 46176
Grades 9-12
1.24 miles away

