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Mixed-Use Building with 3 Apartments
For Sale
$115,000

915 S Main St, Kokomo, IN 46901

Commercially zoned property with a ground-floor business area and multiple residential apartments.

Property Size2,856 SF
Price / SF$40.27
Days on Market49

Property Features for 915 S Main St

General Information

Standard status Active
Size 2,856 SF
Property subtype Multi-Family
Zoning commercial

Additional Details

Floor First Floor

Building Details

Year Built 1909
Buildings 1
Listing Agency: The Hardie Group
Listed By: Ally Johnson
Source: Kmsrealestategroup
Added: Aug 10 Changed: Sep 11 Last Checked: Sep 26 at 1:28PM

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 Hardie Group

Investment Insights

Based on property information with market context.

This mixed-use building combines a designated commercial area on the first floor with three residential apartments. The business portion is identified for potential retail storefront or business-office use, while the residential component includes a main-level two-bedroom apartment and two upper-level apartments.

The upper units consist of one two-bedroom apartment and one one-bedroom apartment, creating a varied residential configuration within the building. The property is located at 915 S Main St in Kokomo, Indiana, and is currently zoned commercial.

Key Highlights

  • Commercial zoning
  • First‑floor area designated for business use
  • Three apartments included

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage Skin Care Clinic (Bike/Boat/Book/etc) Store Real Estate Agency Carpet & Flooring Store 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.

Location Intelligence

Trade Area within ½ mile

600
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Mixed-use property - Commercially zoned property with a ground-floor business area and multiple residential apartments.
Where is this mixed-use property located?
The property is located at 915 S Main St Kokomo, IN.
What is the asking price?
The asking price for this property is $115,000.
What are key features of this property?
This property features: Commercial zoning; First‑floor area designated for business use; Three apartments included
More about this property
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