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$174,900 -

714 W Washington Street Shelbyville IN 46176

3
Bedrooms
2
Baths
N/A
SQ. Feet
(Above Ground)
0.09
Acres

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!

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Property Details

Price: $174,900 Previously: $174,900 Originally: $184,900 Bedrooms: 3 Bathrooms: 2.00 MLS #: 22067544 Year Built: 1876 Township: Addison Sq. Ft Total: 1,553 Type: Residential Zip Code: 46176 City: Shelbyville Subdivision: Subdivision Not Available See Legal County: Shelby School District: Shelbyville Central Schools High School: Shelbyville Sr High School Middle School: Shelbyville Middle School

Interior Features

Interior Features:
  • Appliances: Gas Cooktop, Refrigerator
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas

Exterior Features

Exterior Features:
  • Porch: Covered
  • # Acres: 0.09

Listing Office: Re/max Realty Group

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All information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All Information believed to be reliable but not guaranteed and should be independently verified. © 2025 MIBOR Broker Listing Cooperative®. All rights reserved.

Listing information last updated on October 27th, 2025 at 12:55am EDT.

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