Multifamily

Kokomo, IN Multifamily Properties for Sale

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Three-Unit Residential Income Property
Updated: Jul 18, 2025
Three-Unit Residential Income Property

914 S MARKET Street, Kokomo, IN 46902

$125,000
1,956 sqft 0.19 AC lot
3‑unit property with all units configured as 1‑bedroom apartments
All 3 units are occupied and leases are month‑to‑month
Seller pays for gas used for the hot water heater only, plus water and sanitation
Sold in “as is” condition
Mixed flooring with carpet reported
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Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 1 Active listings in Kokomo, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 8 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

14-Unit Apartment Complex
14-Unit Apartment Complex

408 N Jefferson Street, Converse, IN 46919

$715,000
7,880 sqft

Three-building 14-unit complex with ground-level entries and on-site commercial laundry in Converse.

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14-Unit Apartment Complex
14-Unit Apartment Complex

408 N Jefferson Street, Converse, IN 46919

$715,000
7,880 sqft 0.45 AC lot

Three-building 14-unit apartment complex with ground-level entries and on-site laundry facilities.

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Northeast Indiana Multifamily Portfolio
Northeast Indiana Multifamily Portfolio

1511 W 31st St, Marion, IN 46953

$17,160,000
40,200 sqft

Age-restricted apartment communities in Marion, Ossian, and Kendallville, Indiana.

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Three-Story Multifamily Apartment Building
Three-Story Multifamily Apartment Building

2116 W. 2nd Street, Marion, IN 46952

Contact for pricing

Turtle Creek Apartments is a 130-unit property with studio, one- and two-bedroom residences and keyed building access.

View details

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Wooded Homesite in Wheatfield, Indiana
Wooded Homesite in Wheatfield, Indiana

4418 Oakland Court, Wheatfield, IN 46392

Contact for pricing
0.57 AC lot

Spacious, wooded 0.57-acre lot in established neighborhood.

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University Park Developable Land
University Park Developable Land

976 Mesa Court, University Park, IL 60484

Contact for pricing
3.20 AC lot

3.2 acres with 24 concrete housing pads in University Park.

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Land For Sale, Lakemoor, IL
Land For Sale, Lakemoor, IL

27 Oyster Bay, Lakemoor, IL 60051

Contact for pricing
0.12 AC lot

Commercial land available in Lakemoor, Illinois.

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Residential Land in Mount Gilead
Residential Land in Mount Gilead

7326 State Route 19, Mount Gilead, OH 43338

Contact for pricing
0.40 AC lot

Land available in Mount Gilead with lake amenities.

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Off-Market Properties in Kokomo, IN

Consider similar Off-Market properties in Kokomo, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1810 Washington St
MOBILE HOME PARK, TRAILER PARK

1810 Washington St, Kokomo, IN 46901-2277

Value Estimation by Request
1.62 AC lot
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2904 Apperson Way
MOBILE HOME PARK, TRAILER PARK

2904 Apperson Way, Kokomo, IN 46901-1460

Value Estimation by Request
160 sqft 20.00 AC lot
View details
2171 300
Multifamily properties

2171 300, Kokomo, IN 46902

Value Estimation by Request
23,501 sqft 9.00 AC lot
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1231 Walnut St
Multifamily properties

1231 Walnut St, Kokomo, IN 46901

Value Estimation by Request
14,820 sqft 0.52 AC lot
View details
907 Union St
Residential income properties

907 Union St, Kokomo, IN 46901

Value Estimation by Request
4,351 sqft 0.19 AC lot
View details
2620 Washington St
MOBILE HOME PARK, TRAILER PARK

2620 Washington St, Kokomo, IN 46901-5851

Value Estimation by Request
102 sqft 12.00 AC lot
View details
2700 Washington St
MOBILE HOME PARK, TRAILER PARK

2700 Washington St, Kokomo, IN 46901-5852

Value Estimation by Request
203 sqft 18.13 AC lot
View details
1914 Vaile Ave
MOBILE HOME PARK, TRAILER PARK

1914 Vaile Ave, Kokomo, IN 46901

Value Estimation by Request
5.27 AC lot
View details

Kokomo, IN Multifamily Properties Market Trends and Statistics

Explore 9 multifamily properties for sale in Kokomo, IN on our real estate platform. These investment opportunities span a total of 1,956 square feet of properties for sale, with an estimated market value of $125,000.

Sale prices for multifamily properties in Kokomo, IN start at $125,000, averaging $125,000, and reaching up to $125,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Triplexes 1

Demographics Overview

Population 75K
Population Growth (5Y) -0.9%
Median Household Income $60,311
College Educated 12.3%

High-Yield Neighborhoods for Investment

Identify Kokomo submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
46901 $80K
46902 $140K

Taxes & Financing

Tax Rate (average for all types) 2.69%
Property Tax per SF $47.33 per SF
Tax Rate vs County Average 0.02 pp above county avg
Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Kokomo fall within the 10,000 to 25,000 square foot range.

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