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French Lick, IN Apartment Buildings for Sale

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West Baden Springs, IN Paoli, IN Eckerty, IN Celestine, IN Birdseye, IN English, IN Taswell, IN Dubois, IN
10-Unit Efficiency Apartment Complex
Updated: Jul 20
10-Unit Efficiency Apartment Complex

9633 W State Road 56, French Lick, IN 47432

$575,000
5,720 sqft
10‑unit efficiency apartment complex plus a 2BR/1BA row house with a laundry facility
Year built: 1948
Nearly 1 acre of ground with asphalt parking to the east and west of the property
Additional storage facility plus room to add more storage facilities
House includes a 1‑year HSA Home Warranty, and appliances and furnishings are included
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in French Lick, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

44-Unit Apartment Community
44-Unit Apartment Community

2600 6th Street, Bedford, IN 47421

$3,000,000
34,212 sqft 5.55 AC lot

One-story apartment community with central air, unit updates, and utility cost allocation to residents.

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44-Unit Apartment Community
44-Unit Apartment Community

2600 6th St, Bedford, IN 47421

$3,000,000
34,212 sqft

Two-bedroom residences offer one bath and updated interior finishes across a multi-building community.

View details
11-Unit Apartment Building
11-Unit Apartment Building

703 North Walnut Street, Bloomington, IN 47404

$2,250,000
10,344 sqft

Near IU campus with rear parking and appliances plus washer and dryer in every unit.

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6-Unit Apartment Building
6-Unit Apartment Building

331 S Grant Street, Bloomington, IN 47401

$659,900
3,326 sqft 0.22 AC lot

Two-story apartment property with central air, mixed flooring, and garage storage.

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Off-Market Properties in French Lick, IN

Consider similar Off-Market properties in French Lick, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

10981 State Rd 56
APARTMENT HOUSE (UNDER 5 UNITS)

10981 State Rd 56, French Lick, IN 47432-9608

Estimated value:
$230,000
3,698 sqft 0.34 AC lot
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French Lick, IN Apartment Buildings Market Trends and Statistics

Explore 2 apartment buildings for sale in French Lick, IN on our real estate platform. These investment opportunities span a total of 5,720 square feet of properties for sale, with an estimated market value of $575,000.

Sale prices for apartment complexes in French Lick, IN average $575,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 4,721
Population Growth (5Y) +2.3%
Median Household Income $64,162
College Educated 20.2%

High-Yield Neighborhoods for Investment

Identify French Lick submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
47432 $575K

Taxes & Financing

Tax Rate (average for all types) 2.48%
Property Tax per SF $41.30 per SF
Tax Rate vs County Average 0.09 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Orange County

New Delisted

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