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32-Unit Apartment Complex
For Sale
Contact for pricing
Pending

2171 County Rd S 300 E, Kokomo, IN 46902

Semi-rural apartment property with established rental history near Kokomo’s major transportation routes.

Property SizeContact for details
Lot Size9.00 Acres
Days on Market141

Property Features for 2171 County Rd S 300 E

General Information

Standard status Pending
Lot size 9.00 Acres
Property subtype Multifamily

Property Condition

Severity Repairs Needed
Evidence minor improvements

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Multifamily Units 32
Listing Agency: The Glenn Bill Group
Listed By: Glenn Bill · License #RB14015601
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 11:12PM

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 The Glenn Bill Group

Investment Insights

Based on property information with market context.

This semi-rural apartment complex contains 32 units on a 9-acre parcel at 2171 County Rd S 300 E in Kokomo, Indiana. The property has an established rental history, and rents are described as stable. The site is positioned near the Kokomo Bypass (931), with access to US 31 and the broader Kokomo market.

The surrounding area is described as increasingly accessible from Indianapolis, with a drive of no more than 40 minutes. The property information also identifies minor improvements as part of the asset’s potential, while the existing unit count and acreage provide the primary physical characteristics of the complex.

Key Highlights

  • 32‑unit apartment complex
  • Situated on a 9‑acre parcel
  • Near the Kokomo Bypass (931)

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Big Box & Wholesale Store Storage Facility Skin Care Clinic

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

32
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

16
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Semi-rural apartment property with established rental history near Kokomo’s major transportation routes.
Where is this apartment building located?
The property is located at 2171 County Rd S 300 E Kokomo, IN.
What are key features of this property?
This property features: 32‑unit apartment complex; Situated on a 9‑acre parcel; Near the Kokomo Bypass (931)
(317) 590-7757 Call to check price and availability
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