• Property Type
  • Single Family Residence, Residential
  • 3
  • Bedrooms
  • 2
  • Bathrooms
  • 1553 Sqft
  • Area Size
714 W Washington Street, Shelbyville, IN 46176
  • $164,900
  • $169,900

Description

Investment Opportunity with Endless Potential! This unique property features multiple deeded units, offering excellent income potential or multi-generational living options. The main home is a charming Victorian built in 1862, boasting over 1,500 square feet, 3 bedrooms, and 2 full baths. A detached 320 sq. ft. studio apartment with a private entrance serves as the second unit, perfect for rental income or guest accommodations. The main house also features a private exterior entrance to the second floor, creating the possibility to split it into two separate units-for a total of three income-producing spaces. While many updates have been completed-including windows, roof, gutters, siding, front doors, furnaces, and water heaters (all within the last 10 years)-much of the home’s original charm remains. You’ll find ornate front porches, double entry doors, and other period details waiting to be restored to their Victorian grandeur. Situated on a corner lot, the property includes a storage shed and a garden area in back. Bring this beauty back to life and take advantage of all the possibilities-whether you choose to live in the main house and rent the studio, or invest in multiple rental doors for steady income!

  • Address: 714 W Washington Street
  • City: Shelbyville
  • State/county: IN
  • Zip/Postal Code: 46176
  • Area: Subdivision Not Available See Legal

Details

Updated on January 28, 2026 at 10:06 pm
  • Property ID 22067544
  • Price $164,900
  • Property Size 1553 Sqft
  • Land Area 0.09 Acres
  • Bedrooms 3
  • Rooms 7
  • Bathrooms 2
  • Garage Size x x
  • Year Built 1876
  • Property Type Single Family Residence, Residential
  • Property Status Closed

Additional details

  • Utilities Natural Gas Connected
  • Cooling Central Air
  • Heating Forced Air,Natural Gas
  • County Shelby
  • Property Type Residential
  • Middle School Shelbyville Middle School
  • High School Shelbyville Sr High School
  • Architectural Style Traditional

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Preeti Chaggar

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