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    Kokomo, IN Residential Income Properties for Sale

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    Galveston, IN Russiaville, IN Greentown, IN
    Kokomo Triplex Investment Opportunity
    $125,000
    1,956 SF
    Kokomo Triplex Investment Opportunity

    914 S MARKET Street, Kokomo, IN 46902

    Three-unit property in Kokomo, Indiana, ideal for investors.
    • 3 Unit property - ideal for investors.
    • All units are 1 Bedroom.
    • All 3 units are currently occupied.
    • Month to month leases in place.
    • Seller pays for gas (hot water heater only), water, and sanitation.
    Updated: Jul 18, 2025
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    Updated Duplex with Two 2BR Units
    $155,000
    1,488 SF
    Updated Duplex with Two 2BR Units

    1320 South Waugh Street, Kokomo, IN 46902

    Well-maintained duplex with two updated 2-bedroom, one-bath units, each with stacked washer/dryer and appliances.
    • Well‑maintained duplex built in 1994 featuring two updated 2‑bedroom, 1‑bath units
    • Each unit includes a stacked washer/dryer set and kitchen appliances
    • Tenants pay utilities; property has 2 electric meters and 2 water meters
    • Central air and ceiling fans; heating is electric
    • Brick exterior with shingle roof and asphalt driveway; off‑street parking and sidewalks
    Updated: May 30
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    Investment Opportunity: Three Lots, Two Buildings
    $80,000
    1,646 SF
    Investment Opportunity: Three Lots, Two Buildings

    Two buildings, three lots, investment opportunity with rental potential.

    700 North Main Street, Kokomo, IN 46901

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    Based on your search, we've compiled 22 Potential Opportunities for your consideration. Besides 3 Active listings in Kokomo, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 11 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.

    Turnkey Duplex Investment Opportunity
    $139,900
    2,566 SF
    Turnkey Duplex Investment Opportunity

    Duplex with immediate income potential and value-add opportunity.

    12 & 12 1/2 N Lafayette Street, Peru, IN 46970

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    Single-Level Ranch Home
    $74,000
    1,025 SF
    Single-Level Ranch Home

    Single-level three-bedroom, one-bath ranch with attached one-car garage and included major appliances.

    1258 Chanute Avenue, Peru, IN 46970

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    Marion Triplex For Sale
    $90,000
    1,780 SF
    Marion Triplex For Sale

    Triplex with apartments and garage in Marion, Indiana.

    1926 West 11th Street, Marion, IN 46953

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    Northeast Indiana Multifamily Portfolio
    $17,160,000
    40,200 SF
    Northeast Indiana Multifamily Portfolio

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

    1511 W 31st St, Marion, IN 46953

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    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.

    Residential Land Near Downtown Kokomo
    Contact for pricing
    0.09 Acres
    Residential Land Near Downtown Kokomo

    Vacant lot near downtown Kokomo with trail access.

    508 W Madison Street, Kokomo, IN 46901

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    Annexed Development Land
    $450,000
    10.00 Acres
    Annexed Development Land

    Recently annexed Tipton land offering flexibility for multi-family and commercial development plans.

    1030 E Jefferson Street, Tipton, IN 46072

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    LAND - Elwood, IN
    Contact for pricing
    0.25 Acres
    LAND - Elwood, IN

    Land · 0.25 Acres

    1301 N 8th Street, Elwood, IN 46036

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    LAND - Elwood, IN
    Contact for pricing
    0.25 Acres
    LAND - Elwood, IN

    Land · 0.25 Acres

    1313 N 8th Street, Elwood, IN 46036

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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
    Lot: 1.62 Acres
    Value Estimation by Request

    1810 Washington St, Kokomo, IN 46901-2277

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    2904 Apperson Way
    MOBILE HOME PARK, TRAILER PARK
    160 SF Lot: 20.00 Acres
    Value Estimation by Request

    2904 Apperson Way, Kokomo, IN 46901-1460

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    Zartman Rd
    Land
    Lot: 10.00 Acres
    Value Estimation by Request
    Zartman Rd

    0 Zartman Rd, Kokomo, IN 46902

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    2171 300
    Multifamily properties
    23,501 SF Lot: 9.00 Acres
    Value Estimation by Request

    2171 300, Kokomo, IN 46902

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    1231 Walnut St
    Multifamily properties
    14,820 SF Lot: 0.52 Acres
    Value Estimation by Request

    1231 Walnut St, Kokomo, IN 46901

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    147 Creekside Rd
    Land
    Lot: 4.28 Acres
    Value Estimation by Request

    147 Creekside Rd, Kokomo, IN 46907

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    907 Union St
    Residential income properties
    4,351 SF Lot: 0.19 Acres
    Value Estimation by Request

    907 Union St, Kokomo, IN 46901

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    200 East St
    Land
    Lot: 71.10 Acres
    Value Estimation by Request

    200 East St, Kokomo, IN 46902

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    2620 Washington St
    MOBILE HOME PARK, TRAILER PARK
    102 SF Lot: 12.00 Acres
    Value Estimation by Request

    2620 Washington St, Kokomo, IN 46901-5851

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    2700 Washington St
    MOBILE HOME PARK, TRAILER PARK
    203 SF Lot: 18.13 Acres
    Value Estimation by Request

    2700 Washington St, Kokomo, IN 46901-5852

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    1914 Vaile Ave
    MOBILE HOME PARK, TRAILER PARK
    Lot: 5.27 Acres
    Value Estimation by Request

    1914 Vaile Ave, Kokomo, IN 46901

    View details

    Kokomo, IN Residential Income Properties Investment Opportunities Market Analysis

    Explore 14 residential income properties for sale in Kokomo, IN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 5,090 square feet of properties for sale, with an estimated market value of $360,000.

    Sale prices for residential income properties in Kokomo, IN start at $80,000, averaging $120,000, and reaching up to $155,000 — 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

    Multifamily properties 3
    Duplexes 2
    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 $125K

    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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    Most Searched ZIP Codes in Kokomo, IN

    • 46902
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