1320 S Elizabeth Street, Kokomo, IN 46902

Local realty services provided by:ERA Crossroads
1320 S Elizabeth Street,Kokomo, IN 46902
$749,900
  • 17 Beds
  • 8 Baths
  • 6,858 sq. ft.
  • Multi-family
  • Pending
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
IRMLS information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IRMLS Data is deemed reliable but is not guaranteed accurate by the MLS. IRMLS information provided by the Indiana Regional MLS. Copyright 2025 Indiana Regional MLS LLC.