419 Belmont Ave, Shelbyville TN 37160
Investment opportunity in one of Shelbyville’s most established residential areas, just minutes from the historic downtown square. Located on Belmont Ave—one of the city’s oldest corridors known for its historic homes and architectural character—this 5-unit brick apartment building offers strong rental appeal driven by location and walkability. Unit mix includes two 2BR/1BA units, two 1BR/1BA units, and a Studio apt with Bath which is Unit 5 (rents at $650/month). Two units are currently vacant, providing immediate value-add potential with projected rents of ~$950 (2BR) and ~$850 (1BR). Uni
CloseDaily local analysis
Facts and context beyond the MLS description
The sections below combine this listing's current facts with locally retained inventory, sale, and location data. They are generated from the same MLS replica that powers the page, without an external data request during your visit.
Current market context
How this property compares in Shelbyville
This property is offered at $149 per square foot, compared with a $3 median for active listings without a reported bedroom count in Shelbyville. Its asking price falls near the 63rd percentile of that active group. The comparison uses 147 active or publicly marketable listings from the same local MLS source, filtered to records without a reported bedroom count.
The property has been tracked for 39 days, while the current cohort averages 67 days on market. These figures are a point-in-time inventory comparison, not an appraisal or prediction; condition, lot, updates, exact location, and concessions can move an individual sale away from the city-level pattern.
Nearby closed sales
Recent sold homes near this property
The local sold-history cache contains 8 closed sales within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $216,200, and the median is $178 per square foot where square footage was reported.
Nearby sales are useful context, but they are not automatically comparable: renovation level, acreage, water access, construction quality, financing, and seller concessions can materially change a result. A property-specific valuation should review the most similar homes and the full MLS record before drawing a conclusion.
| Address | Sold | Home | Sold price | Distance |
|---|---|---|---|---|
| 220 Walnut St | Jul 28, 2026 | 3 bd · 1,375 sqft | $314,000 | 0.1 mi |
| 531 E Depot St | Jun 12, 2026 | 3 bd · 1,440 sqft | $117,000 | 0.3 mi |
| 204 Hobson Ave | Aug 14, 2026 | 3 bd · 1,329 sqft | $207,500 | 0.3 mi |
| 308 Carney St | Aug 17, 2026 | 3 bd · 1,296 sqft | $260,000 | 0.3 mi |
| 141 Dogwood Ct | May 29, 2026 | 2 bd · 1,150 sqft | $235,000 | 0.5 mi |
| 111 Bethany Ln | Jun 26, 2026 | 3 bd · 1,092 sqft | $140,000 | 0.8 mi |
| 1111 S Brittain St | May 25, 2026 | 4 bd · 2,512 sqft | $181,500 | 0.8 mi |
| 618 Coble Cir | Aug 14, 2026 | 3 bd · 1,056 sqft | $224,900 | 1.0 mi |
MLS timeline
Price and status history
This timeline records the price and public status snapshots received by CloseDaily from the local MLS replica. It is retained separately from the current listing so later changes do not erase the earlier market history. Dates reflect when the source record changed or was first observed by the sync system.
- $499,900 · Active
Location reference points
How this address sits within the Shelbyville area
These distances are precomputed from the listing coordinates and a maintained set of regional landmarks; no mapping service is called when this page loads. Mileage is straight-line distance. Driving minutes are a planning estimate derived from that distance and should be checked against a live route before a showing or commute.
- Downtown Tullahoma16.1 miles straight-line · roughly 29 driving minutes
- Downtown Manchester20.6 miles straight-line · roughly 37 driving minutes
- I-24 at Manchester21.1 miles straight-line · roughly 38 driving minutes
- Arnold Air Force Base21.6 miles straight-line · roughly 39 driving minutes
- Tims Ford Lake21.9 miles straight-line · roughly 39 driving minutes
Continue comparing
Similar active homes in Shelbyville
These active listings are in the same city and a nearby price range. Each link is rendered on the server so visitors and search engines can move between the property, the city inventory, and other relevant homes without returning to a generic search page.
View all Shelbyville homes for sale · See the Shelbyville market report