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Luxury Keys
714 W Washington Street, Shelbyville, IN 46176
- $160,000
- 3
- BD
- 2
- BA
- 1,553
- SqFt
- Sold Price
- $160,000
- List Price
- $164,900
- Closing Date
- Jan 23, 2026
- MLS#
- 22067544
- Property Type
- Residential
- Bedrooms
- 3
- Bathrooms
- 2
- Sqft. of Residence
- 1,553
- Year Built
- 1876
- Days on Market
- 106
- Status
- SOLD
Property Description
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!
Additional Information
- Basement
- Partial
- Foundation
- Cellar
- Stories
- Two
- Architecture
- Traditional
- Interior
- In-Law Arrangement
- Acres
- 0.09
- Heat
- Forced Air, Natural Gas
- Cooling
- Central Air
- Financing
- Conventional, FHA
- Appliances
- Gas Cooktop, Refrigerator
- Region
- Addison
- Eating Areas
- Formal Dining Room
Listing courtesy of Michelle Collings. RE/MAX Realty Group
Selling Office: Rodriguez Real Estate Group.Mortgage Calculator
Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID. 
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.