Search
Three-Duplex Multifamily Property
For Sale
$425,000
Pending

1906 N Apperson Way, Kokomo, IN 46901

Six-unit residential income property with separate utility metering, resident-paid utilities, off-street parking, and outdoor space.

Property Size720 SF
Days on Market9

Property Features for 1906 N Apperson Way

General Information

Standard status Pending
Size 720 SF
Property subtype Residential Income

Additional Details

Utilities to Site Yes
Multifamily Units 6

Taxes and HOA fees

Annual Taxes $4,482

Amenities

off-street parking

Building Details

Buildings 3
Listing Agency: CRM Properties, Inc
Listed By: Katie Franklin
Source: Exprealty
Added: Aug 28 Changed: Sep 3 Last Checked: Sep 4 at 8:29AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CRM Properties, Inc

Investment Insights

Based on property information with market context.

This multifamily property includes three duplex buildings containing six residential units. Five units are occupied, while unit #1912 will remain vacant for showings. The buildings are described as well maintained and in good overall condition, with separate utility meters serving the units and residents paying their own utilities.

The property occupies a large corner lot with off-street parking and additional outdoor space. The offering includes 502-504 E Spraker, 1906-1908 N Apperson, and 1910-1912 N Apperson in Kokomo, Indiana. Together, the three duplexes provide a six-unit residential income configuration with current occupancy across five units.

Key Highlights

  • Three duplex buildings totaling 6 residential units
  • 5 of 6 units currently occupied
  • Separate utility meters with utilities paid by residents

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Daycare Center Spa & Massage Center Gym & Fitness Center

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

6
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

315
Businesses Nearby

Demographics for 46901, IN

38,072
Population
18,307
Households
2.1
Avg Household Size
41
Median Age
17%
College-Educated
90%
High-School Grad
140.9 sq mi
ZIP Area
270
Density / Sq Mi
$61,041
Median Household Income
$37,107
Median Earnings
$869
Median Rent
$131,700
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Six-unit residential income property with separate utility metering, resident-paid utilities, off-street parking, and outdoor space.
Where is this duplex located?
The property is located at 1906 N Apperson Way Kokomo, IN.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Three duplex buildings totaling 6 residential units; 5 of 6 units currently occupied; Separate utility meters with utilities paid by residents
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message