215 W Franklin Street, Shelbyville, IN 46176

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215 W Franklin Street,Shelbyville, IN 46176
$159,900
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:james gilday
Office:exp realty, llc.
MLS#:22056401
Source:IN_MIBOR

Price summary

  • Price:$159,900

About this home

Looking to expand your investment portfolio or start your journey in real estate? This charming two-story duplex in the heart of Shelbyville, Indiana, is a perfect fit! Whether you're a seasoned investor or an owner-occupant looking to offset your mortgage, this property checks all the boxes. The lower unit offers 3 bedrooms and 1 full bathroom, providing ample living space for families or roommates. The upper unit features 2 bedrooms and 1 bathroom, making it ideal for singles, couples, or small families. Both units come equipped with individual utility hookups, personal ac units and private entrances, giving tenants the privacy and independence they desire. Currently fully rented with reliable, paying tenants, this property generates immediate cash flow from day one. It's a low-hassle, turnkey investment with the potential for long-term appreciation. Additional Highlights: Excellent location near schools, shopping, and downtown Shelbyville Potential for owner-occupancy +

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Home facts

  • Year built:1876
  • Listing Id #:22056401
  • Added:1 day(s) ago
  • Updated:August 14, 2025 at 07:41 PM

Heating and cooling

  • Cooling:Central Electric
  • Heating:Electric

Structure and exterior

  • Roof:Shingle
  • Year built:1876
  • Lot area:0.12 Acres

Schools

  • High school:Shelbyville Sr High School
  • Middle school:Shelbyville Middle School
  • Elementary school:Coulston Elementary School

Utilities

  • Water:Water
  • Sewer:Septic System

Finances and disclosures

  • Price:$159,900