Take a look at this great investment property containing 4 residential units. There are 2 one bedroom units and 2 two bedroom units. The units have been recently updated with new bathrooms and new flooring and fresh paint. Current gross monthly rents are $3000.00. All units are currently leased. There is a washer and dryer available for tenant use.
Active
Price cut: $24.9K (4/22)
$275,000
8895 W State Road 56, French Lick, IN 47432
6beds
3,408sqft
Est.:
Quadruplex
Built in 1930
-- sqft lot
$269,600 Zestimate®
$--/sqft
$-- HOA
What's special
New bathroomsNew flooringFresh paint
- 90 days
- on Zillow |
- 294 |
- 11 |
Zillow last checked: 7 hours ago
Listing updated: 10 hours ago
Listed by:
Gary Schnell andy.welshs4f@gmail.com,
SELL4FREE-WELSH REALTY CORPORATION,
Marcia Schnell,
SELL4FREE-WELSH REALTY CORPORATION
Source: IRMLS,MLS#: 202502454

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Natural Gas, Forced Air
Cooling
- Window Unit(s)
Features
- Laminate Counters
- Flooring: Carpet, Laminate
- Basement: Full,Unfinished
Interior area
- Total structure area: 4,988
- Total interior livable area: 3,408 sqft
- Finished area above ground: 3,408
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 5
- Parking features: Off Street, Off Street Parking, Gravel
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 3
- Patio & porch: Deck Covered
Lot
- Size: 6,926.04 Square Feet
- Features: Level, City/Town/Suburb
Details
- Additional structures: None
- Parcel number: 591203304008.000002
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Vinyl Siding
- Foundation: Basement
- Roof: Asphalt,Shingle
Condition
- New construction: No
- Year built: 1930
Utilities & green energy
- Electric: Duke Energy Indiana
- Gas: Indiana Natural Gas
- Sewer: City
- Water: City
Community & HOA
Community
- Features: Laundry Facilities
- Subdivision: H E Wells
Location
- Region: French Lick
Financial & listing details
- Tax assessed value: $206,100
- Annual tax amount: $3,964
- Date on market: 1/27/2025
- Inclusions: Building, Land
- Lease term: 12 Months
- Total actual rent: 36000
- Tenant pays: Cooling, Electricity, Heating, Trash Collection
- Road surface type: Asphalt
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