714 W Washington Street, Shelbyville, IN 46176
- $160,000
- 3
- BD
- 2
- BA
- 1,553
- SqFt
- Sold Price
- $160,000
- List Price
- $164,900
- MLS#
- 22067544
- Status
- SOLD
- Days on Market
- 106
- Closing Date
- Jan 23, 2026
- Bedrooms
- 3
- Bathrooms
- 2
- Sqft. of Residence
- 1,553
- Property Type
- Residential
- Year Built
- 1876
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!
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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
Mortgage Calculator
Listing courtesy of RE/MAX Realty Group. Selling Office: Rodriguez Real Estate Group.
Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative