Courtyard Apartment
For Sale
Contact for pricing
718 W Mulberry St, Kokomo, IN 46901
Brick-and-stone property with renovated one-bedroom apartments and a courtyard-style layout.
Property Size16,625 SF
Days on Market16
Property Features for 718 W Mulberry St
General Information
Standard status
Active
Size
16,625 SF
Property subtype
Multifamily
Property Condition
Severity
Repairs Needed
Evidence
Light remaining value-add — just one $15K unit renovation and select cosmetic upgrades left to complete.
Units
Unit Mix
25 x 1BR
Multifamily Units
25
Building Details
Building Size
16,625 SF
Year Built
1928
Construction
brick-and-stone
Listing Agency:
(708) 307-2830
Listed By:
Katie Nunez · License ##475.185903
(708) 307-2830
Source:
Kisergroup
Added: Aug 13
Changed: Aug 16
Last Checked: Aug 26 at 6:53AM
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 Katie Nunez
Investment Insights
Based on property information with market context.
This 25-unit apartment property at 718 W Mulberry St in Kokomo, Indiana, was built in 1928 and features a courtyard-style configuration with durable brick-and-stone construction. The unit mix consists of one-bedroom apartments, with more than half of the units recently renovated. Remaining work includes cosmetic updates in select apartments and one additional unit renovation.
The property’s renovation program has created vacancy within the community, and the source information identifies lease-up following that work as an operating consideration. Utility costs are also expected to shift to tenants. Capital improvements have been completed across the property, with limited renovation work remaining.
The property’s renovation program has created vacancy within the community, and the source information identifies lease-up following that work as an operating consideration. Utility costs are also expected to shift to tenants. Capital improvements have been completed across the property, with limited renovation work remaining.
Key Highlights
- 25‑unit courtyard‑style apartment property
- More than half of the units have been renovated
- One‑bedroom apartment unit mix
Property Analytics
Property Profile
Current Use
Lease Details
25
Residential units
Location Intelligence
Trade Area within ½ mile
854
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Brick-and-stone property with renovated one-bedroom apartments and a courtyard-style layout.
Where is this apartment building located?
The property is located at 718 W Mulberry St Kokomo, IN.
What are key features of this property?
This property features: 25‑unit courtyard‑style apartment property; More than half of the units have been renovated; One‑bedroom apartment unit mix
