$319,900
- 3 Beds
- 2 Baths
- 1,302 Sq Ft
627 E Lane St, Shelbyville, TN 37160
Ty Irby
Crye-Leike, Inc., REALTORS
(931) 277-6993
3
Shelbyville, TN Multifamily Homes & Duplexes for Sale
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627 E Lane St, Shelbyville, TN 37160
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Explore Shelbyville
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$299,900
- 2 Beds
- 2 Baths
- 1,146 Sq Ft
631 E Lane St, Shelbyville, TN 37160
631 E Lane St, Shelbyville, TN 37160Emily Woodruff Woodruff Realty & Auction
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$189,900
601 Belmont Ave, Shelbyville, TN 37160
601 Belmont Ave, Shelbyville, TN 37160Clinton Conner Exit Crossroads Auction Group
Why Live in Shelbyville
Shelbyville, Tennessee, a historic rural town known as the Walking Horse Capital of the World, is home to 25,000 residents and located about 60 miles south of Nashville. The town is known for its natural beauty, with scenic back roads, horse farms, pastures, and waterfalls. The Duck River, one of the most biologically diverse rivers globally, runs through Shelbyville, providing opportunities for fishing, floating, and boating. The town features eight city parks and the Shelbyville Recreation Center, which offers 84 acres of playgrounds and sports fields. Housing options include New Traditional and ranch-style homes, with downtown properties generally being more affordable than those on the outskirts. Major industries in Shelbyville include agriculture and manufacturing, with Tyson Foods, Musgrave Pencil Company, Rubbermaid, and Marelli as significant employers. The town also hosts the Annual Tennessee Walking Horse National Celebration every August, a 10-day equestrian event that draws visitors worldwide. Shelbyville is an unofficial stop on the Tennessee Whiskey Trail, thanks to the local Uncle Nearest whiskey brand. The Bedford County School District includes the highly rated Thomas Magnet School. While Shelbyville does not have fixed-route public transportation, Bedford County provides services for seniors and those with disabilities. The Shelbyville Municipal Airport is 4 miles away, with Nashville International Airport located 57 miles north. The town experiences hot summers, pleasant springs, beautiful falls, and cold winters, with a higher risk of tornado damage compared to state and national averages. Crime rates in Shelbyville are lower than the Tennessee average, with a recent decline in property crime rates.
Home Trends in Shelbyville, TN
On average, homes in Shelbyville, TN sell after 19 days on the market compared to the national average of 52 days. The median sale price for homes in Shelbyville, TN over the last 12 months is $400,750, up 60% from the median home sale price over the previous 12 months.
Housing Trends
Median Sale Price
$400,750
Median Single Family Sale Price
$468,500
Median 2 Bedroom Sale Price
$247,950
Average Price Per Sq Ft
$227
Number of Homes for Sale
3
Last 12 months Home Sales
8
Months of Supply
4.50
Median List Price
$460,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
60%
In Shelbyville, there are currently 3 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $189,900 to $319,900, there's a range to accomodate every budget. As of September, 2025 the median home price in Shelbyville is $460,000, while the average sale price is $443,687, offering insights into the local housing market. On average, multi-family homes spend 19 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 Shelbyville, TN.
Shelbyville Types of Homes for Sale
Shelbyville Real Estate Listings
More About Living in Shelbyville
Homes in Nearby Cities
Homes in Nearby Counties
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