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106-108 W Pennsylvania Street Shelbyville, IN $ 324,900
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106-108 W Pennsylvania Street
$ 324,900
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106-108 W Pennsylvania Street

Shelbyville, IN, 46176
$ 324,900
Baths0.0

Monthly Estimate*

$ 2,000

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Studio

Multi-Family Home for sale in Shelbyville, IN

for $324,900. This home was built in 1900 on a lot size of 0.09.

CALLING ALL INVESTORS!! $52250 annual rents! 5 apartments comprised of --three 1/1, one studio, one 2/1), all lightly rehabbed over last several years, stabilized with new tenants, and with new flooring and paint and a LOT of elbow grease. LOW MAINTENENCE metal exterior and all heat is baseboard (no HVAC to manage or maintain). Keep vacancy to a minimum with this great location! Tenants love living here - Within walking distance: Shelbyville's completely remodeled downtown square, Blue River Trailhead, river access & craft launch, Cow Palace, City Collective Boba Cafe, Thirsty's, Capone's, Cadillac Jack's, Johnston Fitness,

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Multi-Family Active

Price

$ 324,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 4,166

Style

Traditional

Lot Size

0.09

Year Built

1900

Town/City

Shelbyville

County/Region

Shelby

MLS | Web ID

22079319
Features
General
Possession Closing Subject to Tenant Rights
Architectural Style Traditional
Construction Materials Aluminum Siding
Year Built 1900
Township Addison
Levels Two
Property Subtype Quadruplex
Tax Year 2024
Current Use Apt<20
County Shelby
New Construction N
Property Type Residential Income
Subdivision Name No Subdivision
Possible Use Apt<20
Status Active
Directions GPS Friendly
City Shelbyville
High School District Shelbyville Central Schools
Number Of Units Total 5
MLS Area 7308 - Shelby - Addison
Lot Size Square Feet 3811
Middle/Junior High School Shelbyville Middle School
Property Condition Updated/Remodeled
Additional Parcels Y/N N
Structure Type Apartment Building
Standard Status Active
Tax Lot WSD LT18 & ESD LT19
Legal Description Nw Add Penn Wsd Lt18 & Esd Lt19 106-10 8 W Pennsylvania St
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Interior
Basement Cellar
Basement (Y/N) Y
Laundry Features Common Laundry
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Exterior
Lot Features Sidewalks Street Lights
Foundation Details Brick/Mortar Brick
Lot Size Acres 0.09
Waterfront Y/N N
Road Frontage Type City Street
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* Excluded Features
List By
Mackenzie Allen, Polston & Ass

Broker

JPOLSTON@MACKENZIEALLENREALESTATE.COM

Email

Affordability Calculator

$2,348
Per Month
85%
15%
0%
Monthly Principal & Interest
$2,000
Monthly Property Taxes
$347
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4045152 Elementary School
4046662 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
1/11/2026 $324,900 Listed Price

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106-108 W Pennsylvania Street, Shelbyville, IN, 46176 is a Multi-Family Home for sale at $324,900 with a lot size of 0.09. 106-108 W Pennsylvania Street is a studio with 0.0 baths and was built in 1900. The property's zip code is 46176 which is in Shelbyville, IN

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