Residential Income

French Lick, IN Residential Income 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 13 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 3 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

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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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.

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Mixed-Use Property with Storefronts
Mixed-Use Property with Storefronts

615 W Main Street, Mitchell, IN 47446

$55,000
0.08 AC lot

Main Street building combining two commercial suites with a rear apartment and public water and sewer service.

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Land
Land

204 E Grissom Ave, Mitchell, IN 47446

Contact for pricing

Residential land & home lots

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Residential Land in French Lick
Residential Land in French Lick

1321 S Indiana Avenue, French Lick, IN 47432

Contact for pricing
0.72 AC lot

Residential lot with utilities available in French Lick, Indiana.

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Residential Land in French Lick
Residential Land in French Lick

667 - 751 S Indiana Avenue, French Lick, IN 47432

$375,000
2.00 AC lot

Residential land with utilities access near downtown French Lick.

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Wooded Land Tract with Access
Wooded Land Tract with Access

W County Pike Road, West Baden Springs, IN 47469

$400,000
43.55 AC lot

43.55-acre wooded tract classified forest with a county road running through part of the property.

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Recreational Land Parcel
Recreational Land Parcel

4693 S Calloway Drive, Hardinsburg, IN 47125

$200,000
4.97 AC lot

Nearly five acres with partial woods and a gravel pad featuring a lean-to and camper.

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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.

Hillham Rd
Farms

0 Hillham Rd, French Lick, IN 47432

Estimated value:
by Request
79.00 AC lot
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56 St Rd
Farms

56 St Rd, French Lick, IN 47432

Estimated value:
by Request
30.00 AC lot
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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
View details

French Lick, IN Residential Income Properties Market Trends and Statistics

Explore 5 residential income 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 residential income 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

Multifamily properties 2
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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