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Shelby, OH Multifamily Homes & Duplexes for Sale

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  • /40

    $475,000

    7157 Ohio 98, Shelby, OH 44875

    Rare multi-family investment! Two triplexes on 9.3 acres with pond and dual road frontage. 12 BR, 9 BA total. Two 3-car garages provide each tenant with a designated space. Private balconies overlook the pond. New septic systems (2018), new well pump (2022). Room to build additional units—great rental & future growth potential!

    Tracy Jones Keller Williams Elevate

    7157 Ohio 98, Shelby, OH 44875
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    $240,000

    • 4 Beds
    • 4 Baths

    71 Taft St, Shelby, OH 44875

    Welcome to 71 Taft Street , a rare duplex gem tucked away on a quiet dead-end street with beautiful scenic views and unbeatable peace and privacy. Each spacious unit features 2 bedrooms and 2 full bathrooms, offering comfortable living for tenants or the perfect setup for owner occupancy. Both units are currently rented at $800/month, showcasing stable income and strong rental history. This

    Justin Bigelow Dream Huge Realty

    71 Taft St, Shelby, OH 44875

Why Live in Shelby

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.

Home Trends in Shelby, OH

Housing Trends

Median Sale Price
$500,000
Median Single Family Sale Price
$500,000
Average Price Per Sq Ft
$370
Number of Homes for Sale
0
Last 12 months Home Sales
1
Months of Supply
0.00
Median List Price
$539,900
Median Change From 1st List Price
7%
Median Home Sale Price YoY Change
341%
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