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Kokomo, IN Apartment Buildings for Sale

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Church Conversion Opportunity
Updated: Jun 16, 2025
Church Conversion Opportunity

200 E Jefferson St, Kokomo, IN 46901

$165,000
Open space property suitable for use as a church
Drawings available showing conversion to an 8‑unit apartment complex
Building has been tuckpointed
Roof repaired
Windows have been purchased
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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 1 Active listings in Kokomo, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 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.

14-Unit Apartment Complex
14-Unit Apartment Complex

408 N Jefferson Street, Converse, IN 46919

$715,000
7,880 sqft

Three-building 14-unit complex with ground-level entries and on-site commercial laundry in Converse.

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14-Unit Apartment Complex
14-Unit Apartment Complex

408 N Jefferson Street, Converse, IN 46919

$715,000
7,880 sqft 0.45 AC lot

Three-building 14-unit apartment complex with ground-level entries and on-site laundry facilities.

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Northeast Indiana Multifamily Portfolio
Northeast Indiana Multifamily Portfolio

1511 W 31st St, Marion, IN 46953

$17,160,000
40,200 sqft

Age-restricted apartment communities in Marion, Ossian, and Kendallville, Indiana.

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Three-Story Multifamily Apartment Building
Three-Story Multifamily Apartment Building

2116 W. 2nd Street, Marion, IN 46952

Contact for pricing

Turtle Creek Apartments is a 130-unit property with studio, one- and two-bedroom residences and keyed building access.

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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.

Asheville Development Opportunity: 5.94 Acres
Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000
5.94 AC lot

5.94-acre parcel zoned RM6, ideal for multi-family development.

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Greenville Development Opportunity: 1.33 Acres
Greenville Development Opportunity: 1.33 Acres

71 Salters Road, Greenville, SC 29607

$699,900
1.33 AC lot

1.33 acre parcel suitable for multi-family development near downtown.

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Land Near Shepherd University
Land Near Shepherd University

8285 MARTINSBURG Pike, Shepherdstown, WV 25443

$650,000
3.70 AC lot

Prime land near Shepherd University with development potential.

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Prime Development Land, Springfield MO
Prime Development Land, Springfield MO

N West Bypass, Springfield, MO 65802

$2,850,000
29.20 AC lot

29.2 acres of retail-zoned land for mixed-use development.

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Off-Market Properties in Kokomo, IN

Consider similar Off-Market properties in Kokomo, 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.

2171 300
Multifamily properties

2171 300, Kokomo, IN 46902

Value Estimation by Request
23,501 sqft 9.00 AC lot
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1231 Walnut St
Multifamily properties

1231 Walnut St, Kokomo, IN 46901

Value Estimation by Request
14,820 sqft 0.52 AC lot
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Kokomo, IN Apartment Buildings Market Trends and Statistics

Explore 3 apartment buildings for sale in Kokomo, IN on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $165,000.

Sale prices for two-family homes in Kokomo, IN start at $165,000, averaging $165,000, and reaching up to $165,000 — 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 75K
Population Growth (5Y) -0.9%
Median Household Income $60,311
College Educated 12.3%

Taxes & Financing

Tax Rate (average for all types) 2.69%
Property Tax per SF $47.33 per SF
Tax Rate vs County Average 0.02 pp above county avg
Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Kokomo fall within the 10,000 to 25,000 square foot range.

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