# 617 W Franklin Street, Shelbyville, IN 46176

> **TL;DR:** multi-family, $324,900, built 1876.
> Basement. Est. $1,408/mo. Listed 146 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $324,900 |
| Year Built | 1876 |
| Lot Size | 8,276 sqft (0.19 acres) |
| Property Type | Multi-Family (Quadruplex) |
| Status | For Sale |
| Days on Market | 146 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,408 |
| **Total** | **$1,408** |

## Nearby Schools

- **Elementary:** Thomas A Hendricks Elementary Sch
- **Middle:** Shelbyville Middle School
- **High:** Shelbyville Sr High School

## Key Amenities

- Basement

## Property Highlights

- Built in 1876
- 0.19 acre lot

## Description

### Agent Description
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.

## Location

- **Address:** 617 W Franklin Street, Shelbyville, IN 46176
- **County:** Shelby
- **Neighborhood:** L M & M Franklin
- **Coordinates:** 39.523599, -85.789328
- **Google Maps:** https://www.google.com/maps?q=39.523599,-85.789328

## Listing Agent

- **Name:** Justin Polston
- **Brokerage:** Mackenzie Allen, Polston & Ass
- **Phone:** 3173641106
- **Email:** JPOLSTON@MACKENZIEALLENREALESTATE.COM

## Primary Photo

![617 W Franklin Street - Primary Photo](http://lh.rdcpix.com/7c03eec7385e91f606854b0eeecf4248l-f335557751r.jpg)

*27 total photos available on [listing page](https://www.propertysimple.com/listing/617-w-franklin-street-shelbyville-in-46176-22078666)*

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**MLS#:** 22078666 | **Updated:** 2026-06-19
**Source:** listhub

*Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/617-w-franklin-street-shelbyville-in-46176-22078666)

---

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