Kokomo, IN Multifamily Properties for Sale

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Updated: Aug 13

Duplex with Partially Fenced Yard

831 S Webster Street, Kokomo, IN 46901

$125,000

1,464 sqft 0.18 AC lot

Two‑unit duplex with 1,464 square feet of building area
Main unit includes 2 bedrooms, 1 full bath, eat‑in kitchen, family room, and laundry room
Upper unit has 1 bedroom, 1 full bath, living room, kitchen, and private stairway entrance
Situated on a 0.18‑acre lot
Large backyard is partially fenced

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Updated: Jul 18, 2025

Occupied Three-Unit Triplex

914 S MARKET Street, Kokomo, IN 46902

$125,000

1,956 sqft 0.19 AC lot

Three one‑bedroom units, each with one bathroom
All 3 units occupied with month‑to‑month leases
1,956 square feet on a 0.19‑acre lot
Built in 1890
Seller pays hot water heater gas, water, and sanitation

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Renovated Duplex with Private Baths

300 E Taylor St, Kokomo, IN 46901

$525,000

2,968 sqft

Two-floor property features dedicated laundry equipment and a large upper-level balcony.

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See what stands out in Howard County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Renovated Duplex with Garage

1012 Chippewa Ln, Kokomo, IN 46902

$249,900

2,136 sqft

Two separate units feature updated kitchens, refreshed interiors, and dedicated living areas.

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Two-Unit Duplex with Fenced Yard

831 S Webster St, Kokomo, IN 46901

$125,000

1,464 sqft

Well-maintained income property with separate entrances, on-site parking, and a partially enclosed rear yard.

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Downtown Four-Suite Short-Term Rental

128 W Walnut St, Kokomo, IN 46901

$374,900

2,310 sqft

Renovated, furnished property with commercial zoning, shared kitchen facilities, and a dedicated laundry area.

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Duplex with Recent Roof Replacement

1330 S Jay St, Kokomo, IN 46902

$125,000

1,056 sqft

Both residences are occupied and offer one-bedroom layouts with open kitchen and living areas.

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Occupied Duplex with Porches

1816 N Morrison St, Kokomo, IN 46901

$110,000

1,152 sqft

Two one-bedroom units include private side porches and a shared covered entry porch.

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3-Unit One-Bedroom Triplex

914 S Market St, Kokomo, IN 46902

$125,000

1,956 sqft

All residences are occupied under month-to-month leases with street parking.

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Duplex with Attached Garage

801 South Brandon Street, Kokomo, IN 46901

$150,000

1,908 sqft

Two rented residences offer distinct layouts, including a rear unit with private garage access.

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Duplex With Detached Garage

720 W Monroe St, Kokomo, IN 46901

$151,000

2,560 sqft

Two residential units offer private basement laundry hookups, equipped kitchens, and distinct living and dining areas.

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Three-Duplex Property Portfolio

1919 N Waugh St, Kokomo, IN 46901

$405,000

1,440 sqft

Six-unit residential portfolio with five occupied units and one vacancy available for lease.

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Three-Duplex Multifamily Property

1906 N Apperson Way, Kokomo, IN 46901

$425,000

720 sqft

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

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Duplex with Updated Roof

717 W State St, Kokomo, IN 46902

$115,000

Two-bedroom units, separate electric responsibility, and one recently vacated apartment create a flexible residential income property.

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Duplex with Two Separate Residences

1624 N Webster, Kokomo, IN 46901

$85,000

1,535 sqft

Front two-bedroom residence and rear studio offer distinct layouts within one income property.

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Mixed-Use Building with 3 Apartments

915 S Main St, Kokomo, IN 46901

$115,000

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

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Two-Story Duplex

422 W Sycamore St, Kokomo, IN 46901

$150,000

Separate utility metering places utility payments directly with residents at this Kokomo property.

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Courtyard Apartment Community

718 W Mulberry St, Kokomo, IN 46901

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Brick-and-stone property with renovated one-bedroom apartments and a courtyard-style layout.

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32-Unit Apartment Complex

2171 County Rd S 300 E, Kokomo, IN 46902

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9.00 AC lot

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

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All-Age Manufactured Housing Community

4411 S 00ew, Kokomo, IN 46902

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Manufactured housing community serving residents of all ages in central Indiana.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 20 Active Listings in Kokomo, IN, we suggest to view alternatives - similar 8 Off-Market properties to explore as potential leads.

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.

MOBILE HOME PARK, TRAILER PARK

1810 Washington St, Kokomo, IN 46901-2277

$280,000

Estimated value

1.62 AC lot

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MOBILE HOME PARK, TRAILER PARK

2904 Apperson Way, Kokomo, IN 46901-1460

$335,000

Estimated value

160 sqft 20.00 AC lot

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Multifamily properties

2171 300, Kokomo, IN 46902

Value Estimation by Request

23,501 sqft 9.00 AC lot

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Multifamily properties

1231 Walnut St, Kokomo, IN 46901

Value Estimation by Request

14,820 sqft 0.52 AC lot

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Kokomo, IN Multifamily Properties Market Trends and Statistics

Explore 28 multifamily properties for sale in Kokomo, IN, showcased through 20 active listings on our real estate platform. These investment opportunities span a total of 24,625 square feet of properties for sale, with an estimated market value of $3,480,800.

Sale prices for multifamily properties in Kokomo, IN start at $85,000, averaging $204,752, and reaching up to $525,000 — 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

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
46902	$148K
46901	$211.9K

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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