Property Description
Welcome to 117-119 W. Howard St. is a fully renovated duplex in the heart of Shelbyville, offering a compelling mix of small-town charm and strong investment potential. If you're an investor seeking steady monthly cash flow from day #1, this turnkey property is a smart addition to any portfolio. Ideally located just blocks from downtown, the property offers walkable access to shops, restaurants, and local businesses, while still being a 30-minute drive from the big-city amenities of Indianapolis - truly the best of both worlds! The duplex was taken down to the studs and rebuilt just a few years ago, with upgrades that include a new roof, updated kitchens and bathrooms, fresh flooring and paint, modern appliances, updated fixtures, new decks, and more. Unit 117 features two bedrooms plus a den, a gas furnace, and central air conditioning. Unit 119 is a spacious studio with a gas furnace and window AC units. The gas, water and sewer is paid by owner and then they bill the tenants. A gravel parking pad at the rear of the property provides convenient off-street parking. With minimal yard space, exterior maintenance is simple and hassle-free. One unit is currently tenant-occupied at $825 per month, with a lease in place through March 31, 2026. The other unit was just leased at $950 per month, expiring on 5/17/26. Don't miss your chance to own a low-maintenance, income-generating asset in the welcoming and walkable town of Shelbyville!
IDX information provided by the MIBOR REALTOR® Association.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
