Real Estate Investment Properties for Sale in Shelbyville, KY

Looking for investment property in Shelbyville, KY with high ROI ?

Explore a variety of short-term homes & houses in Shelbyville, KY. Invest wisely with VRBO & Shelbyville, KY Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Shelbyville, KY

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1247 Cambridge Dr Shelbyville, KY Welcome to this charming Shelbyville home in Country Manor! With over 1,900 square feet on...	3 beds \| 2 baths \| 2,492 sq.ft.	$399,900	Airbnb cash on cash: 4.46% Traditional cash on cash: 3.83% Airbnb Rental Income: $3181 Traditional Rental Income: $2224 Airbnb ROI: 4.46% Traditional ROI: 3.83%
3019 Mason Way Shelbyville, KY Welcome home to this fantastic walkout-ranch situated in the perfect Shelbyville location!...	3 beds \| 2 baths \| 1,820 sq.ft.	$300,000	Airbnb cash on cash: 6.54% Traditional cash on cash: 5.03% Airbnb Rental Income: $3181 Traditional Rental Income: $2036 Airbnb ROI: 6.54% Traditional ROI: 5.03%
301 Pierremont Dr Shelbyville, KY Beautiful new listing 2 minutes from I-64 in Shelbyville! Highly desired location situated...	4 beds \| 3 baths \| 2,254 sq.ft.	$339,900	Airbnb cash on cash: 8.9% Traditional cash on cash: 5.57% Airbnb Rental Income: $4381 Traditional Rental Income: $2399 Airbnb ROI: 8.9% Traditional ROI: 5.57%
106 Spencer Court Shelbyville, KY Welcome to this spacious 3 bed 2 bath home in Midland Estates. On the main level you will ...	3 beds \| 2 baths \| 1,700 sq.ft.	$240,000	Airbnb cash on cash: 8.59% Traditional cash on cash: 6.39% Airbnb Rental Income: $3181 Traditional Rental Income: $1963 Airbnb ROI: 8.59% Traditional ROI: 6.39%
1615 Lakeside Dr Shelbyville, KY Welcome to this beautiful spacious 2 Bedroom 1 Bath home. As you walk in the front door it...	2 beds \| 1 baths \| 960 sq.ft.	$190,000	Airbnb cash on cash: 4.27% Traditional cash on cash: 4.47% Airbnb Rental Income: $1664 Traditional Rental Income: $1234 Airbnb ROI: 4.27% Traditional ROI: 4.47%
5006 Black Falcon Way Shelbyville, KY Welcome to this charming 3-bedroom, 2-bathroom single-family home in the heart of Shelbyvi...	3 beds \| 2 baths \| 1,500 sq.ft.	$299,900	Airbnb cash on cash: 6.52% Traditional cash on cash: 4.52% Airbnb Rental Income: $3181 Traditional Rental Income: $1897 Airbnb ROI: 6.52% Traditional ROI: 4.52%
2793 BRASSFIELD Circle Shelbyville, KY SOUGHT-AFTER LOCATION...ADDITIONAL DEEDED LOT... MOVE IN CONDITION...This 4 Bedroom, 3 Fu...	4 beds \| 3 baths \| 3,418 sq.ft.	$475,000	Airbnb cash on cash: 5.66% Traditional cash on cash: 3.72% Airbnb Rental Income: $4381 Traditional Rental Income: $2597 Airbnb ROI: 5.66% Traditional ROI: 3.72%
403 Frostwood Rd Shelbyville, KY Finished Basement, Move-in Ready, Farm Views, Welcome to 403 Frostwood Rd! This 3-bedroom,...	3 beds \| 3 baths \| 1,900 sq.ft.	$299,900	Airbnb cash on cash: 6.58% Traditional cash on cash: 5.05% Airbnb Rental Income: $3181 Traditional Rental Income: $2029 Airbnb ROI: 6.58% Traditional ROI: 5.05%
214 Education Way Shelbyville, KY Perfectly situated in the new neighborhood of Discovery Point is this meticulously crafted...	4 beds \| 3 baths \| 2,741 sq.ft.	$510,000	Airbnb cash on cash: 5.14% Traditional cash on cash: 3.63% Airbnb Rental Income: $4381 Traditional Rental Income: $2741 Airbnb ROI: 5.14% Traditional ROI: 3.63%
76 Pearl St Shelbyville, KY This charming older home is ready for its next family! Featuring updates like ceramic tile...	2 beds \| 1 baths \| 724 sq.ft.	$200,000	Airbnb cash on cash: 4.78% Traditional cash on cash: 4.57% Airbnb Rental Income: $1664 Traditional Rental Income: $1157 Airbnb ROI: 4.78% Traditional ROI: 4.57%
300 South Stallard Dr Shelbyville, KY Welcome to the Clearlake Plan at Stallard Springs. This beautifully modern yet timeless ho...	4 beds \| 3 baths \| 3,073 sq.ft.	$849,900	Airbnb cash on cash: 2.34% Traditional cash on cash: 1.15% Airbnb Rental Income: $4381 Traditional Rental Income: $2518 Airbnb ROI: 2.34% Traditional ROI: 1.15%
111 Ardmore Crossing Dr Shelbyville, KY The neighborhood of Ardmore Crossing is situated in an excellent location...mere minutes f...	4 beds \| 3 baths \| 2,265 sq.ft.	$353,500	Airbnb cash on cash: 8.2% Traditional cash on cash: 5.2% Airbnb Rental Income: $4381 Traditional Rental Income: $2466 Airbnb ROI: 8.2% Traditional ROI: 5.2%
1319 Hannah Road Shelbyville, KY First time offered! Check out this Bedford Stone Home on 7.66 Acres! This home features ...	3 beds \| 2 baths \| 1,870 sq.ft.	$399,000	Airbnb cash on cash: 5.01% Traditional cash on cash: 3.73% Airbnb Rental Income: $3181 Traditional Rental Income: $1985 Airbnb ROI: 5.01% Traditional ROI: 3.73%
200 Goodman Avenue Shelbyville, KY MOVE-IN READY...CONVENIENT LOCATION...CHARMING STYLE...This 3 Bedroom, 2 Bath Home with St...	3 beds \| 2 baths \| 1,418 sq.ft.	$250,000	Airbnb cash on cash: 8.18% Traditional cash on cash: 4.95% Airbnb Rental Income: $3181 Traditional Rental Income: $1700 Airbnb ROI: 8.18% Traditional ROI: 4.95%
2848 Southville Pike Shelbyville, KY STOP Right HERE! This Fantastic 1600+ sf Home Situated on 26.63 Acres Is the one You have ...	3 beds \| 2 baths \| 1,680 sq.ft.	$552,000	Airbnb cash on cash: 3.37% Traditional cash on cash: 2.32% Airbnb Rental Income: $3181 Traditional Rental Income: $1924 Airbnb ROI: 3.37% Traditional ROI: 2.32%
1471 Tatum Road Shelbyville, KY WOW!! Stop Right Here! This Amazing 4 Bedroom 3 1/2 Bath home Features over 3000 sf of Liv...	4 beds \| 4 baths \| 2,844 sq.ft.	$539,000	Airbnb cash on cash: 5.61% Traditional cash on cash: 4.96% Airbnb Rental Income: $4381 Traditional Rental Income: $3133 Airbnb ROI: 5.61% Traditional ROI: 4.96%
518 Aiken Rd Shelbyville, KY OWNER FINANCING AVAILABE, CONTACT AGENT FOR INFO! RARE OPPORTUNITY TO OWN 25.10 ACRES- WIT...	5 beds \| 5 baths \| 5,608 sq.ft.	$1,395,000	Airbnb cash on cash: 3.54% Traditional cash on cash: 2.13% Airbnb Rental Income: $7776 Traditional Rental Income: $4472 Airbnb ROI: 3.54% Traditional ROI: 2.13%
43 Indian Springs Trace Shelbyville, KY SELLER NOW OFFERING $15,000 BUYERS ALLOWANCE AT CLOSING! Must see property 10 minutes f...	4 beds \| 3 baths \| 2,230 sq.ft.	$599,900	Airbnb cash on cash: 4.41% Traditional cash on cash: 2.57% Airbnb Rental Income: $4381 Traditional Rental Income: $2431 Airbnb ROI: 4.41% Traditional ROI: 2.57%
93 Jonathan Cir Shelbyville, KY Welcome to 93 Jonathan Circle in Shelbyville, KY! This charming 3-bedroom, 2-bathroom home...	3 beds \| 2 baths \| 1,246 sq.ft.	$235,000	Airbnb cash on cash: 9.09% Traditional cash on cash: 4.32% Airbnb Rental Income: $3181 Traditional Rental Income: $1403 Airbnb ROI: 9.09% Traditional ROI: 4.32%
2813 Brassfield Cir Shelbyville, KY Motivated Sellers Will Review All Offers!! Great Location being within walking distance t...	3 beds \| 3 baths \| 2,421 sq.ft.	$326,900	Airbnb cash on cash: 5.53% Traditional cash on cash: 5.51% Airbnb Rental Income: $3181 Traditional Rental Income: $2457 Airbnb ROI: 5.53% Traditional ROI: 5.51%
5573 Orphan Lane Shelbyville, KY Welcome Home!!! This 4 Bed 3 Bath is waiting for you. On sprawling grounds with over 2 acr...	4 beds \| 3 baths \| 2,913 sq.ft.	$459,900	Airbnb cash on cash: 6.29% Traditional cash on cash: 4.66% Airbnb Rental Income: $4381 Traditional Rental Income: $2758 Airbnb ROI: 6.29% Traditional ROI: 4.66%
575 Moody Pike Shelbyville, KY Discover this beautifully restored, fully operational Bed & Breakfast, circa 1860 estate h...	5 beds \| 4 baths \| 5,500 sq.ft.	$2,500,000	Airbnb cash on cash: 0.82% Traditional cash on cash: -0.4% Airbnb Rental Income: $7776 Traditional Rental Income: $3465 Airbnb ROI: 0.82% Traditional ROI: -0.4%
6901 Charleston Way Shelbyville, KY Welcome to this exquisite home that perfectly blends comfort and functionality! Step into ...	5 beds \| 4 baths \| 4,471 sq.ft.	$560,000	Airbnb cash on cash: 9.98% Traditional cash on cash: 4.65% Airbnb Rental Income: $7776 Traditional Rental Income: $3505 Airbnb ROI: 9.98% Traditional ROI: 4.65%
176 Ardmore Ln Shelbyville, KY GREAT FAMILY HOME situated on a lovely 1 acre lot on a quiet dead end street, conveniently...	3 beds \| 3 baths \| 2,455 sq.ft.	$344,900	Airbnb cash on cash: 6.21% Traditional cash on cash: 6.12% Airbnb Rental Income: $3181 Traditional Rental Income: $2435 Airbnb ROI: 6.21% Traditional ROI: 6.12%
7049 Benson Pike Shelbyville, KY Welcome to your dream retreat on 5 picturesque acres! This enchanting farm features a spac...	3 beds \| 2 baths \| 2,329 sq.ft.	$520,000	Airbnb cash on cash: 3.02% Traditional cash on cash: 2.33% Airbnb Rental Income: $3181 Traditional Rental Income: $2125 Airbnb ROI: 3.02% Traditional ROI: 2.33%
1556 Robin Rd Shelbyville, KY Stylish new Harmony plan by D.R. Horton in beautiful Robin Place featuring one floor livin...	3 beds \| 2 baths \| 1,498 sq.ft.	$324,900	Airbnb cash on cash: 5.86% Traditional cash on cash: 3.94% Airbnb Rental Income: $3181 Traditional Rental Income: $1877 Airbnb ROI: 5.86% Traditional ROI: 3.94%
98 McMakin McMullin Rd Shelbyville, KY Are you looking for a house with land, but still want the convenience of being close to th...	4 beds \| 3 baths \| 1,391 sq.ft.	$425,000	Airbnb cash on cash: 6.61% Traditional cash on cash: 2.67% Airbnb Rental Income: $4381 Traditional Rental Income: $1895 Airbnb ROI: 6.61% Traditional ROI: 2.67%
32 Skywatch Ct Shelbyville, KY Welcome to your dream home in the highly coveted Northridge Subdivision of Shelbyville, KY...	4 beds \| 3 baths \| 3,288 sq.ft.	$475,000	Airbnb cash on cash: 5.79% Traditional cash on cash: 3.97% Airbnb Rental Income: $4381 Traditional Rental Income: $2650 Airbnb ROI: 5.79% Traditional ROI: 3.97%
222 Locust Lane Shelbyville, KY Your Dream Home Awaits on Locust Lane! Experience the best of country living just minutes ...	3 beds \| 3 baths \| 2,300 sq.ft.	$649,900	Airbnb cash on cash: 2.75% Traditional cash on cash: 2.64% Airbnb Rental Income: $3181 Traditional Rental Income: $2393 Airbnb ROI: 2.75% Traditional ROI: 2.64%
6381 Frankfort Rd Shelbyville, KY Still showing for back-up offers! **CHARMING UPDATED COUNTRY RETREAT WITH MODERN COMFOR...	3 beds \| 3 baths \| 2,196 sq.ft.	$400,000	Airbnb cash on cash: 4.86% Traditional cash on cash: 4.09% Airbnb Rental Income: $3181 Traditional Rental Income: $2175 Airbnb ROI: 4.86% Traditional ROI: 4.09%
420 Bob Jeff Road Shelbyville, KY Welcome to your dream home nestled in the heart of Shelby County! This beautifully updated...	3 beds \| 2 baths \| 1,725 sq.ft.	$387,000	Airbnb cash on cash: 5.14% Traditional cash on cash: 3.83% Airbnb Rental Income: $3181 Traditional Rental Income: $1987 Airbnb ROI: 5.14% Traditional ROI: 3.83%
168 Exploration Path #30B Shelbyville, KY New construction by Fischer Homes in beautiful Discovery Point with the trendy Wembley des...	3 beds \| 3 baths \| 2,187 sq.ft.	$329,990	Airbnb cash on cash: 5.16% Traditional cash on cash: 4.83% Airbnb Rental Income: $3181 Traditional Rental Income: $2361 Airbnb ROI: 5.16% Traditional ROI: 4.83%
171 Exploration Path #38A Shelbyville, KY New construction by Fischer Homes in beautiful Discovery Point with the trendy Wembley des...	3 beds \| 3 baths \| 2,187 sq.ft.	$324,990	Airbnb cash on cash: 5.26% Traditional cash on cash: 4.83% Airbnb Rental Income: $3181 Traditional Rental Income: $2331 Airbnb ROI: 5.26% Traditional ROI: 4.83%
6057 Edgemont Way Shelbyville, KY Looking for a home in Cloverbrook Farms? This home has 4 bedrooms & 2 Full & 1 Half bathro...	4 beds \| 3 baths \| 2,061 sq.ft.	$334,900	Airbnb cash on cash: 8.85% Traditional cash on cash: 5.36% Airbnb Rental Income: $4381 Traditional Rental Income: $2364 Airbnb ROI: 8.85% Traditional ROI: 5.36%
1553 Robin Rd Shelbyville, KY New construction by D.R. Horton, the Freeport floorplan! This inviting single-level home f...	3 beds \| 2 baths \| 1,501 sq.ft.	$279,900	Airbnb cash on cash: 7.07% Traditional cash on cash: 4.98% Airbnb Rental Income: $3181 Traditional Rental Income: $1911 Airbnb ROI: 7.07% Traditional ROI: 4.98%
1031 Windsor Dr Shelbyville, KY Welcome to 1031 Windsor Drive conveniently located minutes from I64 in the elegant Park Pl...	4 beds \| 5 baths \| 4,664 sq.ft.	$864,900	Airbnb cash on cash: 2.51% Traditional cash on cash: 4.03% Airbnb Rental Income: $4381 Traditional Rental Income: $4687 Airbnb ROI: 2.51% Traditional ROI: 4.03%
248 Flood Rd Shelbyville, KY Beautiful farmhouse on 2.9 acres with farmland all around. Just outside of Shelbyville th...	3 beds \| 2 baths \| 2,100 sq.ft.	$250,000	Airbnb cash on cash: 8.53% Traditional cash on cash: 7.23% Airbnb Rental Income: $3181 Traditional Rental Income: $2155 Airbnb ROI: 8.53% Traditional ROI: 7.23%
926 Dry Run Dr Shelbyville, KY Welcome to 926 Dry Run Drive in Shelbyville, a beautifully designed home offering 3,020 sq...	4 beds \| 3 baths \| 3,020 sq.ft.	$399,900	Airbnb cash on cash: 7.04% Traditional cash on cash: 5.07% Airbnb Rental Income: $4381 Traditional Rental Income: $2721 Airbnb ROI: 7.04% Traditional ROI: 5.07%
651 Geoghegan Rd Shelbyville, KY Looking for a property with the perfect blend of rural charm and modern convenience? Look...	3 beds \| 2 baths \| 1,344 sq.ft.	$489,900	Airbnb cash on cash: 3.59% Traditional cash on cash: 2.09% Airbnb Rental Income: $3181 Traditional Rental Income: $1777 Airbnb ROI: 3.59% Traditional ROI: 2.09%
1375 Cross Keys Rd Shelbyville, KY STOP! You Found it.... This well maintained Brick Home is Move in Ready! This interior fe...	3 beds \| 2 baths \| 1,430 sq.ft.	$340,000	Airbnb cash on cash: 6.09% Traditional cash on cash: 4.22% Airbnb Rental Income: $3181 Traditional Rental Income: $1866 Airbnb ROI: 6.09% Traditional ROI: 4.22%

Real Estate investment in Shelbyville, KY

There are 56 properties for sale in the city of Shelbyville . The median list price in Shelbyville is $345,000 and the average price per square foot is $158. In November 2024, the average monthly cash on cash return in Shelbyville is 4.00%. The average monthly rental income in Shelbyville is $2,175.

Shelbyville, KY Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 56 investment properties available for sale in Shelbyville.

In 2024, the best neighborhood to buy investment property is Shelbyville.

The ROI for Short-Term is higher than the Long-Term in Shelbyville with average rental income of $3,181.

Your search for investment property begins and ends here

Investment Property for Sale in Shelbyville, KY

1247 Cambridge Dr

Shelbyville, KY

3 beds | 2 baths | 2,492 sq.ft.

$399,900

Airbnb cash on cash: 4.46%

Traditional cash on cash: 3.83%

Airbnb Rental Income: $3181

Traditional Rental Income: $2224

Airbnb ROI: 4.46%

Traditional ROI: 3.83%

3019 Mason Way

Shelbyville, KY

3 beds | 2 baths | 1,820 sq.ft.

$300,000

Airbnb cash on cash: 6.54%

Traditional cash on cash: 5.03%

Airbnb Rental Income: $3181

Traditional Rental Income: $2036

Airbnb ROI: 6.54%

Traditional ROI: 5.03%

301 Pierremont Dr

Shelbyville, KY

4 beds | 3 baths | 2,254 sq.ft.

$339,900

Airbnb cash on cash: 8.9%

Traditional cash on cash: 5.57%

Airbnb Rental Income: $4381

Traditional Rental Income: $2399

Airbnb ROI: 8.9%

Traditional ROI: 5.57%

106 Spencer Court

Shelbyville, KY

3 beds | 2 baths | 1,700 sq.ft.

$240,000

Airbnb cash on cash: 8.59%

Traditional cash on cash: 6.39%

Airbnb Rental Income: $3181

Traditional Rental Income: $1963

Airbnb ROI: 8.59%

Traditional ROI: 6.39%

1615 Lakeside Dr

Shelbyville, KY

2 beds | 1 baths | 960 sq.ft.

$190,000

Airbnb cash on cash: 4.27%

Traditional cash on cash: 4.47%

Airbnb Rental Income: $1664

Traditional Rental Income: $1234

Airbnb ROI: 4.27%

Traditional ROI: 4.47%

5006 Black Falcon Way

Shelbyville, KY

3 beds | 2 baths | 1,500 sq.ft.

$299,900

Airbnb cash on cash: 6.52%

Traditional cash on cash: 4.52%

Airbnb Rental Income: $3181

Traditional Rental Income: $1897

Airbnb ROI: 6.52%

Traditional ROI: 4.52%

2793 BRASSFIELD Circle

Shelbyville, KY

4 beds | 3 baths | 3,418 sq.ft.

$475,000

Airbnb cash on cash: 5.66%

Traditional cash on cash: 3.72%

Airbnb Rental Income: $4381

Traditional Rental Income: $2597

Airbnb ROI: 5.66%

Traditional ROI: 3.72%

403 Frostwood Rd

Shelbyville, KY

3 beds | 3 baths | 1,900 sq.ft.

$299,900

Airbnb cash on cash: 6.58%

Traditional cash on cash: 5.05%

Airbnb Rental Income: $3181

Traditional Rental Income: $2029

Airbnb ROI: 6.58%