Multifamily

French Lick, IN Multifamily Properties for Sale

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West Baden Springs, IN Paoli, IN Taswell, IN Eckerty, IN Celestine, IN Birdseye, IN English, 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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Two-Unit Tiny Home Rental Property
Updated: Jul 30
Two-Unit Tiny Home Rental Property

9014 W STATE RD 56, French Lick, IN 47432

Contact for pricing
1,600 sqft 0.40 AC lot
Two tiny homes on approximately 0.40 acres
Combined property size of 1,600 square feet
Each home has 1 bedroom and 1 bathroom
Both homes were built in 2023
Currently operating as Airbnb short‑term rentals
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 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.

Furnished Two-Unit Duplex
Furnished Two-Unit Duplex

West Baden Springs, IN 47469

$369,000
2,800 sqft 0.10 AC lot

Fully furnished two-story property with separate units, full basements, decks, and central air conditioning.

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12-Unit Apartment Building
12-Unit Apartment Building

1705,1715,1725 Greene Street, Jasper, IN 47546

$950,000
11,720 sqft 0.95 AC lot

Two-bedroom residences include patios or balconies, laundry hookups, central air, and kitchen appliances.

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Furnished Short-Term Rental Bungalow
Furnished Short-Term Rental Bungalow

West Baden Springs, IN 47469

$159,900
1,045 sqft

Two-bedroom hillside home with a furnished interior, full basement, and views toward West Baden Springs Hotel.

View details
12-Unit Apartment Building
12-Unit Apartment Building

1705 Greene Street, Jasper, IN 47546

$950,000
11,720 sqft

Two-bedroom apartments include laundry hookups, kitchen appliances, and concrete patios or balconies.

View details

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 Multifamily Properties Market Trends and Statistics

Explore 3 multifamily properties for sale in French Lick, IN on our real estate platform. These investment opportunities span a total of 7,320 square feet of properties for sale, with an estimated market value of $575,000.

Sale prices for multifamily properties 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 1
Short term rental properties 1

Demographics Overview

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

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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