1320 S Elizabeth Street, Kokomo, IN 46902
Local realty services provided by:ERA Crossroads
Listed by: andy hardieMain: 765-457-7214
Office: the hardie group
MLS#:202547810
Source:Indiana Regional MLS
Price summary
- Price:$749,900
- Price per sq. ft.:$109.35
About this home
Excellent investment opportunity—four all-brick duplexes offering a total of eight income-producing units. The portfolio includes seven 2-bedroom units and one 3-bedroom unit, with 7 out of 8 currently rented, providing strong and steady income. Tenants pay their own utilities, helping maintain low operating expenses and consistent cash flow. Each unit offers separate meters, multiple outdoor patios, sidewalks, and a total of 16 parking spaces in a private lot. The property is conveniently located near shopping, dining, and major employers, making it attractive for long-term tenant retention. Durable brick construction, solid rental history, and strong demand in the area make this a standout multifamily opportunity.
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Home facts
- Year built:1997
- Listing ID #:202547810
- Added:15 day(s) ago
- Updated:December 17, 2025 at 10:04 AM
Rooms and interior
- Bedrooms:17
- Total bathrooms:8
- Full bathrooms:8
- Living area:6,858 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air
Structure and exterior
- Year built:1997
- Building area:6,858 sq. ft.
- Lot area:0.52 Acres
Schools
- High school:Kokomo
- Middle school:Central
- Elementary school:Elwood Haynes
Utilities
- Water:City
- Sewer:City
Finances and disclosures
- Price:$749,900
- Price per sq. ft.:$109.35
- Tax amount:$5,000
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