10 Seminole Dr 10-15, Shelbyville, KY 40065 | MLS# 1707392

Description

An investor purchased this six-unit property in Shelbyville’s long-established Town & Country subdivision with the intention of bringing a higher standard of rental housing to the area—and in summer 2025, that vision was fully realized. Known today as the Seminole Six, this property is 100% leased, professionally managed, and positioned for a strong return with zero deferred maintenance. The building consists of four 2-bedroom, 1.5-bath townhome-style units, along with two end units offering 2-bedroom, 1-bath single-level living, which is highly desirable for accessibility-focused tenants. Over $150,000 in capital improvements were completed, including a new roof, all new windows and gutters, three HVAC replacements, and a full interior remodel of Unit 4 with custom cabinetry, upgraded tile, trim, and plumbing. The exterior features a newly constructed, fenced trash enclosure, enhanced front porches with cedar ceilings, greenery, and matching furniture, and brand-new rear patiosproviding functional outdoor living that tenants appreciate. With current gross monthly rent at $5,785 and professional systems already in place, this is an ideal candidate for a 1031 exchange or any investor seeking stabilized income, modern construction, and long-term upside in one of Shelbyville’s most recognizable neighborhoods.