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701 E 703 E Walnut St, Kokomo, IN 46901

  • $250,000

    •

  • 6

    bed

  • 3

    bath

  • 2,880

    Sqft

Multi-family for sale 134 days
$20K price drop
Movoto is helping 13 homebuyers near you

About 701 E 703 E Walnut St

Property type Multi-family
Neighborhood
Year built 1916
HOA fee $0/month
Lot size 6,970 Sqft
Movoto estimate
Parking 6 garage spaces
Property description
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.
Listed by
Listing Agent - Josh Murdock
Listing Agent Contact: Cell: 561-618-6502
Listing Office - Murdock Real Estate Group
Source: IRMLS mls logo
MLS#202604108 • last updated 4 weeks ago
Movoto checked IRMLS for data 4 minutes ago
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Overview
Cooling/AC Window
Heating Gas, Forced Air
Levels/Style 2, Two Story
Status Active
MLS # 202604108
Virtual Tour External Link
Type INVESTMENT
SubType Fourplex
SqFt (Total) 4320
SqFt (Finished) 2880
Lot Size (SqFt) 6970
L:ot Size (Acres) 0.16
Property Taxes 1324
Foreclosure (Y/N) No
Year Built 1916
Short Sale (Y/N) No
HOA Fees $ Not Applicable
Number of Units 4
Interior
Total # Bathrooms 4
# Full Baths 4
Total # Bedrooms 6
Flooring Vinyl
Exterior
Exterior Vinyl
Basement/ Foundation Full Basement
Lot Dimensions 50x140
Other Structure(s) None
Lot Desc Level
Amenities / Utilities
Sewer City
Water City
Amenities Basement
Location
Location City/Town/Suburb
Area Howard County
Subdivision None
High School Kokomo
Middle School Maple Crest
Elementary School Sycamore
School District Kokomo-Center Township Cons. S.D.
APN 34-04-31-152-005.000-002
Waterfront Y/N No
Directions Gps Friendly
Multifamily Details
Owner Pays Fuel, Lawn Maintenance, Sewer, Water
Tenant Pays Electric
Annual Net Income 26603
Gross Monthly Rent $ 3075
Annual Gross Rent $ 36900
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4/10
Sycamore Elementary School
public Grades PK, K-5
Kokomo School Corporation
4/10
Maple Crest Middle School
public Grades 6-8
Kokomo School Corporation
3/10
Kokomo High School
public Grades 9-12
Kokomo School Corporation
Source: GreatSchools.org © 2026. All rights reserved.

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54/100
Walk
71/100
Family
38/100
Dining
75/100
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  • Real Estate
  • IN
  • Howard County
  • Kokomo
  • 46901
  • 701 E 703 E Walnut St

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