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Shelby, OH Multifamily Home for Sale

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    $140,000

    • 2,185 Sq Ft

    38 E Main St, Shelby, OH 44875

    Great investment opportunity in the heart of Shelby! This mixed-use commercial building features a versatile storefront space, previously used as a photography studio—ideal for retail, office, or creative use. Upstairs, you'll find a well-maintained 2-bed, 1-bath apartment with a reliable long-term tenant already in place, providing steady cash flow from day one. With strong visibility and

    Tracy Jones Keller Williams Elevate

    38 E Main St, Shelby, OH 44875

Why Live in Shelby

The story of Shelby, Ohio, is similar to many Midwestern towns. With strong agricultural roots and ties to manufacturing industries, Shelby sits on the banks of the Black Fork River, a branch of the Mohican River. The city was once synonymous with bicycles and steel tubing thanks to the Shelby Cycle Company. However, the community began to decline after the bicycle manufacturer shuttered its doors in the 1950s, and other employers like Shelby Gum Company followed suit in the '60s. But major projects and improvements — including enhancements to ...

Home Trends in Shelby, OH

Housing Trends

Median Sale Price
$162,500
Median Single Family Sale Price
$164,000
Median Townhouse Sale Price
$155,000
Median 2 Bedroom Sale Price
$159,900
Average Price Per Sq Ft
$123
Number of Homes for Sale
19
Last 12 months Home Sales
173
Months of Supply
1.30
Median List Price
$169,900
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
4%
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