195 & 197 Cedar Grove Rd, Shelbyville, TN Rare opportunity to own a brand-new, never-lived-in all-brick duplex in a convenient Shelbyville location. Each unit features 2 bedrooms and 1 bathroom with modern LVP flooring throughout for easy maintenance and a stylish look. The units come equipped with brand-new appliances, including a refrigerator, stove, and microwave. Each unit also includes its own private concrete back patio, perfect for relaxing or entertaining. A concrete parking area out front provides easy and convenient access for tenants. Each unit rents for $1,400 per month, generating a total monthly income of $2,800. Live in one side and rent out the other to help offset your mortgage—an ideal setup for an owner-occupant or an investor seeking a low-maintenance income-producing property. This is a rare find—brand-new construction with immediate income potential. Don’t miss this incredible investment opportunity.
Closed
$379,000
197 Cedar Grove Rd, Shelbyville, TN 37160
4beds
4baths
1,800sqft
Multi Family
Built in 2025
-- sqft lot
$375,500 Zestimate®
$211/sqft
$-- Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: June 06, 2025 at 12:18pm
Listing Provided by:
Melissa Sterling 931-224-5099,
Better Homes & Gardens Real Estate Heritage Group
Bought with:
Cindy Barnes, 236019
Coldwell Banker Southern Realty
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 2807499

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Laundry: Individual, Electric Dryer Hookup, Washer Hookup
Features
- Flooring: Vinyl
- Has fireplace: No
Interior area
- Total structure area: 1,800
- Total interior livable area: 1,800 sqft
- Finished area above ground: 1,800
Property
Parking
- Total spaces: 4
- Parking features: Concrete, Parking Pad
- Uncovered spaces: 4
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.71 Acres
- Dimensions: 247 x 126
Details
- Parcel number: 088 05907 000
- Zoning: Residentia
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Brick
- Roof: Shingle
Condition
- New construction: Yes
- Year built: 2025
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Water Available
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Shelbyville
- Subdivision: Stewart Minor
HOA & financial
Other financial information
- Total actual rent: 2800
Services availability
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$375,500
2% more+ $7,510
With Zillow Showcase(estimated)
$383,010