128 W Walnut Street, Kokomo, IN 46901
Local realty services provided by:ERA First Advantage Realty, Inc.
Listed by: andy hardieMain: 765-457-7214
Office: the hardie group
MLS#:202613865
Source:Indiana Regional MLS
Price summary
- Price:$374,900
- Price per sq. ft.:$162.29
About this home
Positioned in the heart of downtown Kokomo, this fully renovated, turnkey commercial property presents a rare opportunity for both investors and owner-users. Currently configured with 4 private suites, each offering strong short-term rental potential, the layout is ideal for Airbnb or executive housing use. Spanning just over 2,300 square feet, the property includes a fully equipped kitchen, dedicated laundry area, and comes fully furnished...allowing for immediate income generation with minimal upfront effort. Zoned Downtown Commercial, it offers flexibility for a variety of uses while benefiting from walkable access to Kokomo’s restaurants, shops, and entertainment. Whether you're looking to expand your investment portfolio or capitalize on the growing demand for downtown short-term rentals, this is a high-performing asset in a prime location.
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Home facts
- Year built:1885
- Subdivision & Development:None
- Listing ID #:202613865
- Added:159 day(s) ago
- Updated:September 26, 2026 at 03:27 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Full bathrooms:4
- Rooms Total:7
- Dining Description:Upper Level
- Kitchen Description:Dishwasher, Microwave, On Upper Level, Range-Electric, Refrigerator
- Living area:2,310 sq. ft.
Heating and cooling
- Cooling:Central Air, Multiple Cooling Units
- Heating:Gas
Structure and exterior
- Year built:1885
- Building area:2,310 sq. ft.
- Lot area:0.03 Acres
- Lot Features:Level
- Architectural Style:Two Story
- Construction Materials:Brick
- Levels:2 Stories
Schools
- High school:Kokomo
- Middle school:Central
- Elementary school:Lafayette Park
Utilities
- Water:City
- Sewer:City
Finances and disclosures
- Price:$374,900
- Price per sq. ft.:$162.29
- Tax amount:$2,004
Features and amenities
- Laundry features:On Upper Level
Parking
- Parking description:Off Street Parking
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