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Land with Home for Sale in Shelbyville, Tennessee

201 Shelbyville Mills Rd, Shelbyville, TN 37160

$264,500
1.9 acres
Active
$10.4k drop
Est $1,442/mo

Price drop!! Motivated Seller!! Bring all offers!!

INVESTOR, HANDYMAN SPECIAL | RARE OPPORTUNITY WITH INCOME POTENTIAL

Cannot go FHA or VA.

Two homes on one property with incredible space and potential in Shelbyville! This rare property sits on approximately 2 acres and offers the perfect opportunity to create the home you’ve always imagined while building instant equity. The main home does need updates, including a new roof and repairs to the den ceiling due to previously identified water intrusion from a roof leak, along with cosmetic improvements, but provides a solid foundation for someone ready to bring their vision to life. Adding even more value, the property includes a second small house that could serve as a guest home, in-law suite, office, or future rental, along with a detached garage for storage or workshop space.

Offered at $264,500 and priced to allow room for improvements—don’t miss this chance to transform this unique property into something truly special.

3,168
Sq feet
4
Beds
2
Full baths
1
1/2 bath
1915
Built
  • Listed by Karen Griffin, (931) 575-8589, LPT Realty

Location

Street address
201 Shelbyville Mills Rd
Elevation
771 feet
Coordinates
35.4811, -86.4868

Directions

West Lane St then take a left on Shelbyville Mills Rd when you come over the hill it will be the first driveway on the left.

Property details

Acreage
1.9 acres
MLS #
REALTRACS 3046329
Posted

Property taxes

Recent
$2,078

Parcels

  • 088F A 00100 000

Details and features

Listing

Type
Residential
Subtype
Single Family Residence
Conditions
Owner Agent
Possession
Negotiable

Lot

Size Source
Calculated From Plat
Dimensions
225 X 367 Irr
Terrain
Level, Rolling Slope
Features
Level, Rolling Slope

Exterior

Parking Spaces
2
Parking
Detached
Fencing
Front Yard
Outdoor Spaces
Covered, Patio, Porch
Structures
Guest House

Structure

Basement
Crawl Space, Partial
Water
Private
Sewer
Public Sewer
Heating
Central, Natural Gas
Cooling
Ceiling Fan(s), Central Air, Electric
Materials
Fiber Cement
Roof
Shingle
Foundation
Combination

Interior

Rooms
Bedroom x 4, Den, Dining Room, Living Room, Master Bathroom
Flooring
Tile, Wood
Fireplaces
Den, Gas, Living Room
Appliances
Dishwasher, Gas Oven, Gas Range, Refrigerator, Stainless Steel Appliance(s), Water Purifier
Laundry
Gas Dryer Hookup, Washer Hookup
Equipment
Satellite Dish
Features
Built-In Features, Ceiling Fan(s), High Ceilings, High Speed Internet

Property utilities

CategoryTypeStatus
PowerGridAvailable
GasNatural GasAvailable
SewageSewerConnected
WaterPublicAvailable

Nearby schools

NameType
South Side ElementaryElementary
Harris Middle SchoolMiddle
Shelbyville Central High SchoolHigh

Listing history

DateEventPriceChangeSource
Feb 23, 2026Price drop$264,500$10,400 -3.8%REALTRACS
Dec 6, 2025Price drop$274,900$25,100 -8.4%REALTRACS
Nov 15, 2025New listing$300,000REALTRACS
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This 1.9-acre property is located at 201 Shelbyville Mills Rd in Shelbyville, TN 37160. The property is available for sale for $264,500. It has a 3,168 sq ft 4 bedroom, 2 bath house built in 1915.

Checked 1 hour ago — Updated

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Realtracs

Based on information submitted to the MLS GRID as of Mar 11, 2026 9:00 am MT. All data is obtained from various sources and may not have been verified by broker or 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 IDX listings have been excluded from this website. View more

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