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10-Unit Efficiency Apartment Complex

9633 W State Road 56 French Lick, IN 47432

9633 W State Road 56, French Lick, IN, 47432
Contact for pricing
For Sale
Contact for pricing

Ten efficiency apartments plus a 2BR/1BA row house with laundry, included appliances, and plenty of asphalt parking on nearly an acre.

Property Size5,720 SF
Price / SF$100.52
Days on Market8

Property Features for 9633 W State Road 56

General Information

Standard status
Active
Size
5,720 SF
Property subtype
Retail

Building Details

Year Built
1948
Listing agency Williams Carpenter Realtors
Listed by Matthew Corey · License #IN RB17001655
Source Crexi
Added: Jul 15 Updated: Jul 21 at 7:08PM Checked: Jul 21 at 7:08PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Williams Carpenter Realtors


Investment Insights

Based on property information with market context.

This 10-unit efficiency apartment complex offers rental income in a straightforward multifamily setup, along with a separate 2-bedroom, 1-bath row house that includes a laundry facility. The property also features an additional storage facility, with room to add or expand laundry/storage improvements. The listing notes flexibility to increase unit counts over time, depending on how the site is developed.

Located at 9633 W State Road 56 in French Lick, Indiana, the property sits on nearly an acre of ground with asphalt parking to the east and west of the building(s). The seller also indicates an included 1-year home warranty for the house, and that appliances and furnishings are included for the covered house.

Overall, it’s designed for an operator who wants an income-producing apartment complex paired with an on-site row house component, plus space that may support additional storage and laundry facilities.

Key Highlights

  • 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

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Storage Facility Hair Salon Nail Salon Auto Repair Shop Spa & Massage Center Restaurant Daycare Center Dental Office Hotel & Motel

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Ten efficiency apartments plus a 2BR/1BA row house with laundry, included appliances, and plenty of asphalt parking on nearly an acre.
Where is this apartment building located?
The property is located at 9633 W State Road 56 French Lick, IN.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 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
Contact an agent
(812) 583-2274 Call to check price and availability
More about this property
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