$475,000
7157 Ohio 98, Shelby, OH 44875
Tracy Jones Keller Williams Elevate
$475,000
7157 Ohio 98, Shelby, OH 44875
Tracy Jones Keller Williams Elevate
$240,000
71 Taft St, Shelby, OH 44875
Justin Bigelow Dream Huge Realty
Shelby, Ohio, a city in Richland County, has a rich history rooted in agriculture and manufacturing, particularly known for the Shelby Cycle Company. Despite economic downturns in the mid-20th century, recent revitalization efforts have breathed new life into the community. The downtown area has been transformed with projects like the Black Fork Commons Plaza, featuring an amphitheater, fireplaces, a splash pad, and green space, making it a central hub for events such as the farmers market and summer concert series. Shelby boasts seven parks, including Seltzer Park with an aquatic center and sports courts, and Reservoir No. 3, popular for non-gas-powered boating and fishing. The city hosts the annual Shelby Bicycle Days, drawing visitors for its festivities and fireworks. Housing in Shelby includes a mix of cottages, split-levels, Cape Cods, Colonial Revivals, and ranch-style homes, with properties typically selling quickly. Shelby City Schools are highly rated, with new facilities enhancing educational opportunities. Dining options in Shelby range from Paul's Drive-In, a classic diner, to The Vault, a fine dining restaurant in a former bank. The city is prone to flooding and tornadoes, with measures in place to mitigate these risks. OhioHealth Shelby Hospital provides emergency medical care, and the city is accessible via State Routes 96, 61, and 39, with John Glenn Columbus International Airport about 70 miles away.
On average, homes in Shelby, OH sell after 113 days on the market compared to the national average of 52 days. The median sale price for homes in Shelby, OH over the last 12 months is $500,000, up 341% from the median home sale price over the previous 12 months.
In Shelby, there are currently 2 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $240,000 to $475,000, there's a range to accomodate every budget. As of September, 2025 the median home price in Shelby is $539,900, while the average sale price is $500,000, offering insights into the local housing market. On average, multi-family homes spend 113 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Shelby, OH.