Key facts
- Lot
- 0.19 acres
- Year built
- 1876
- Type
- Residential Income · Quadruplex
- Stories
- Two
- MLS #
- 22078666
- County
- Shelby
- Subdivision
- L M & M Franklin
About this home
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.
Description provided by the listing brokerage.
Interior
- Laundry
- Condition
Exterior
- Construction
- Foundation
- Style
Lot and HOA
- Zoning
- COMMERCIAL APTS
Schools
- Elementary school
- Thomas A Hendricks Elementary Sch
- Middle school
- Shelbyville Middle School
- High school
- Shelbyville Sr High School
- School district
- Shelbyville Central Schools
Taxes
- Estimated annual tax
- $3,644 / yearTwice the semi-annual installment the listing reports.
- Tax year
- 2024
Estimate your monthly payment
Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.
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