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Occupied Three-Unit Triplex
For Sale
$125,000

914 S MARKET Street, Kokomo, IN 46902

INVESTMENT, One and Half Story, Kokomo, IN

Property Size1,956 SF
Lot Size0.19 Acres
Price / SF$63.91
Days on Market414

Property Features for 914 S MARKET Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 3
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 2, Bathroom 2, Bedroom 1, Bedroom 3, Bathroom 1, Bathroom 3
Lot features City/ Town/ Suburb, Level
Elementary school Sycamore
Middle school Maple Crest
High school Kokomo
Elementary school district Kokomo-Center Township Cons. S.D.
Middle school district Kokomo-Center Township Cons. S.D.
High school district Kokomo-Center Township Cons. S.D.
Directions Markland to Market. Turn north on Market. Home on east side.
Subdivision Howard County
Standard status Active
APN 34-03-36-484-010.000-002
Size 1,956 SF
Lot size 0.19 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description PT LOT 8 SE4 36-24-3 0.19 AC
Legal Description PT LOT 8 SE4 36-24-3 0.19 AC

Building Details

Year built 1890
Floors in Building 1
Number of units 3
Flooring type Carpet, Mixed
Architectural style Other
Listing Agency: RE/MAX Realty One · RE/MAX International
Listed By: Pam Maloney · License #RB14009578
Added: Jul 18, 2025 Changed: Sep 2 Last Checked: Sep 4 at 11:06AM
MLS# 202528162

Copyright © 2026 REALTORS Association of Central Indiana. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1,956-square-foot triplex contains three one-bedroom units, each with its own bathroom. All units are occupied under month-to-month leases, providing an established rental configuration. The property is being offered in as-is condition and includes carpet and mixed flooring throughout the units.

Built in 1890, the building sits on a 0.19-acre lot at 914 S Market Street in Kokomo, Indiana. Parking is available on the street. The current expense arrangement has the seller paying for gas used by the hot water heater, along with water and sanitation service.

Key Highlights

  • Three one‑bedroom units, each with one bathroom
  • All 3 units occupied with month‑to‑month leases
  • 1,956 square feet on a 0.19‑acre lot

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage Skin Care Clinic Veterinary Clinic Carpet & Flooring Store Storage Facility Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

626
Businesses Nearby

Demographics for 46902, IN

36,038
Population
18,004
Households
2
Avg Household Size
42
Median Age
20%
College-Educated
92%
High-School Grad
50.7 sq mi
ZIP Area
711
Density / Sq Mi
$59,548
Median Household Income
$36,902
Median Earnings
$929
Median Rent
$154,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three occupied one-bedroom units provide an existing residential income configuration with month-to-month tenancy.
Where is this triplex located?
The property is located at 914 S MARKET Street Kokomo, IN.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Three one‑bedroom units, each with one bathroom; All 3 units occupied with month‑to‑month leases; 1,956 square feet on a 0.19‑acre lot
More about this property
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