Turnkey duplex investment opportunity at 746 & 748 S. Union St., Kokomo, IN - both units currently occupied and generating income from day one. Each side mirrors the other with a smart, symmetrical layout and fully separated utilities, making management straightforward for investors and owner-occupants alike. Major capital expenditures have already been handled: fresh wall-to-wall paint throughout both units (2025), new gutters, soffits, and fascia (2025), and AC units less than five years old with regularly serviced HVAC systems. The 2018 roof comes with a transferable GAF System Plus warranty - a significant value-add that protects the next owner from day one. This property checks the boxes. Don't miss this low-maintenance, income-producing duplex in Kokomo.
Awesome investment opportunity in the heart of downtown Kokomo! This unique property offers over 5,000 total square feet with nearly 3,400 finished square feet, providing endless possibilities for investors, entrepreneurs, or those looking for a large-scale renovation project. The expansive layout offers a true blank canvas and could be transformed into a quadplex, multi-family investment, commercial space, or a combination of uses (subject to zoning approval). Located within walking distance to downtown amenities, restaurants, shopping, and entertainment, this property offers the perfect opportunity to bring your vision to life. A rare chance to own a large downtown property with incredible potential and value-add opportunity. Property is being sold as-is. Personal Property to convey.
Whether you're looking to expand your investment portfolio or searching for a place to call home, this 3 bedroom, 1 bath property is full of potential. Currently tenant occupied, this home offers an excellent opportunity for investors seeking immediate rental income, while also providing a great option for future homeowners. Recent updates include newer flooring, kitchen cabinetry, light fixtures, and a furnace and central air system. A detached 2-car garage adds valuable storage.
Charming duplex near Highland Park! Both units consist of 2 bedrooms and 1 bathroom and are tenant-occupied at $775(lower)and $600(upper). Property is total electric and tenants pay their own electricity. Owner is responsible for water/sewer/trash and lawncare.Water/sewer lines and roof all replaced in 2024. HVAC has been replaced within the past 10 years.
Charming and well-maintained duplex offering immediate income potential with both units fully occupied. Each unit features 1 spacious bedroom, a full bathroom, and an open concept kitchen and living space. Total electric. Tenants pay for electricity. Owner pays w/s/t and lawncare. Roof replaced in 2024.
Fully occupied and cash-flowing duplex. Both units feature 1 bedroom, 1 bathroom, large kitchens, and a private side porch in addition to the shared covered front porch. Unit 1816 has access to the partial basement with washer/dryer hookups. Both tenants are long-term and have recently renewed their leases. Owner pays all utilities and lawncare.
Great addition to your portfolio or live in one and use the other for additional income! One property, two homes. The front home is a two bedroom, one bath house with two living areas, enclosed front porch, and attached garage offering 1,095 sq ft, currently renting for $1,000 per month with lease ending 10/28/26. There is a nonworking fireplace in the family room. The back home is a studio with an unfinished basement and 440 finished sq ft, currently renting for $650 per month with lease ending 3/4/27. Shared meters, owner pays utilities (see attached). Tenant rights apply. 24-hour notice required for all showings. Purchase price already reflects condition and/or room for repairs. To be sold as is.
Income-producing rental portfolio available in Kokomo! This package includes five single-family investment properties being sold together as one bundle. The 5-door portfolio consists of four 2-bedroom homes and one 3-bedroom home, all currently rented and generating immediate income. Ideal opportunity for investors looking to expand their rental portfolio with multiple properties in one transaction. Convenient Kokomo locations near schools, shopping, and major employers help support consistent rental demand. Opportunities to acquire a stabilized rental portfolio like this are rare. Addresses: 826 W. Virginia, 1115 S. Buckeye, 1411 Havens, 1614 S. Union, 1004 E. Wheeler
Incredible investment opportunity to own a cash flowing 4 unit building, conveniently located in the heart of downtown Kokomo. All units are rented and have been well maintained. Owner pays Gas/Water/Sewer/Lawncare. Residents pay their own electric but there is a 5th electric meter to the basement that owner pays. *All photos of units were taken prior to the residents moving in and are not intended as a direct representation of the property condition. Buyer to do their own due diligence.
This will be a great income producing property for someone. Roof was replaced in 2019. One of the units was just remodeled and will be rented out for $800 per month. Three units are already rented out. 2nd unit is rented out month to month for $160 per week and tenant has lived there 7 years. 3rd unit is rented out for $710 per month until January of 2027. 4th unit is rented out for $710 per month. Each unit has one bedroom and one bathroom, kitchen, and living room. Three of the units come with a refrigerator and stove/oven. You don’t want to miss out on this opportunity. There are window AC units that will come with the property. One of the bottom units has washer/dryer hookup and the other bottom unit has the ability to have washer/dryer hookup. Meters run together and owner pays utilities. Utilities were approximately $500 per month for the three rented units.
INVESTORS DELIGHT - Looking for a 3 Unit to enhance your portfolio? Look no more. All units are 1 Bedroom. Seller pays for gas that is for the hot water heater only, water and sanitation. Term of leases are month to month. All 3 units are occupied. Units are being sold in As Is condition. Street Parking.
Welcome to this charming duplex in the heart of downtown Kokomo. Starting on the exterior each unit had 2 entrances, new cement pads poured in 2022, common area fire pit in the backyard installed in 2022, and new stairs installed to upper unit. Starting in the lower level unit walking through the front door there is a spacious living room, 3 bedrooms, and 1 full bathroom. New carpet throughout unit and fresh paint. The kitchen is spacious with lots of cabinets and room for a table. The upper unit is very similar with similar finishes. New carpet and paint as well. Close to local shopping and no HOA! AS-IS. Both units rented $850 a month!
Great investment property. Newly renovated duplex. This property has 8 bedrooms and 8 bathrooms in total. Each floor consists of 4 bedrooms with each bedroom having their own bathroom. All of the mechanicals, plumbing, electrical are all brand new as well as the flooring, bathrooms, appliances are all brand new. Both floors have been freshly painted and come with a washer and dryer. The second floor has a large balcony.
Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176
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Kokomo is located in Indiana. Kokomo, Indiana has a population of 59,263. Kokomo is less family-centric than the surrounding county with 23.02% of the households containing married families with children. The county average for households married with children is 25.42%.
The median household income in Kokomo, Indiana is $51,450. The median household income for the surrounding county is $59,238 compared to the national median of $69,021. The median age of people living in Kokomo is 40 years.
The average high temperature in July is 83.7 degrees, with an average low temperature in January of 16.5 degrees. The average rainfall is approximately 41.9 inches per year, with 30.5 inches of snow per year.
