Price Reduction
617 W Franklin Street W, Shelbyville, IN
$ 274,900
Property Attributes
  • MLS#21901996
  • TypeMulti-Family
  • CountySHELBY
  • CityShelbyville
  • AreaAddison
  • NeighborhoodL M & M Franklin
  • Zip46176
  • StyleColonial,TraditonalAmerican
  • Year Built1876
  • Taxes$ 5664
  • Price$ 274,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size8,398 SqFt
Data Source:
Metropolitan Indianapolis MLS (MIBOR)
Property Description

CASH COW! CALLING ALL INVESTORS! This converted 4 unit money maker is now up for sale! Several rehabs have taken place over the past few years, and several infrastructural improvements as well. Three 1 bedroom units and 2-3BR/2 bath unit. Rents are exceptional and LL pays all utilities with tenants reimbursing. Almost $50,000 of annual rent revenues.

High School
Shelbyville Sr High School
Price History
1/20/2023 Listed $324,900
3/10/2023 8% - $299,995
9/13/2023 9% - $274,900

General Features

Architectural Style Colonial, TraditonalAmerican
Basement Crawl Space
City Shelbyville
Construction Materials Vinyl Siding
County Shelby
Current Financing Conventional
Current Use Apt
Days on Market 237
Directions From the Circle, head West on Washington until Prospect, turn right onto Prospect, then left onto W Franklin
New Construction No
Ownerpays No Utilities
Possession Closing
Property Attached Y/N Yes
Property SubType Fourplex
Property Type Residential Income
Standard Status Active
Status Active
Street Name Franklin
Subdivision Name L M & M Franklin
Tax Year 2022
Tenant Pays All Utilities, Other
Total Units 5
Township Addison
Year Built 1876

Interior Features

Basement (Y/N) No
Street Suffix Street

Exterior Features

Foundation Details Block
Lot Size Acres 0.1928


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 46176

AVG $200K
AVG $1,865
AVG 116
Year Built
AVG 1935
AVG 64
Data Provided by Walkscore ® not using MLS data

Your Agent

Listed By
Justin Polston with Mackenzie Allen, Polston & Ass; JPOLSTON@MACKENZIEALLENREALESTATE.COM

Areas We Cover