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400 W Mulberry Street

Kokomo, IN 46901
  • $140,000
  • STATUS: Cont-AccptngBackupOffers
  • ON SITE: 47 Days
  • MLS #: 202520098
UPDATED: 29 min ago
$140,000
  • 4
    BEDS
  • 0.14
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,837
    SQFT
Neighborhood:
Type:
Multi-Family
Built:
1897
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Listing provided by Steven Childers of Keller Williams Lafayette: Agt: 765-413-6046.

Description

Fully Rented Duplex in Prime Downtown Kokomo Location. Great investment opportunity in Kokomo's historic Old Silk Stocking District. This fully occupied duplex features 2 spacious units, each with 2 bedrooms and 1 full bath that's all wrapped into 2,837 sq ft. The property offers a newer furnace and water heaters in the basement for low-maintenance ownership and sits just blocks from downtown shops and restaurants. Tenants can walk to the farmers market and enjoy everything this vibrant area has to offer. This is a turnkey rental in a high-demand location. Don't miss out!

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© 2025 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Data last updated: 2025-07-16T13:28:26.387.

www.felecialivingstonrealestate.com/homes/164348428
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400 W Mulberry Street Kokomo, IN 46901

  • Price: $140,000
  • Status: Cont-AccptngBackupOffers
  • On Site: 47 Days
  • Updated: 29 min ago
  • MLS #: 202520098
4
Beds
2
Baths
0
½ Baths
0.14
Acres
2,837
SQFT
$49
$/SQFT
1897
Built
Neighborhood:
Western Heights
County:
Howard
Area:
Howard
Elementary School:
Lafayette Park
Middle School:
Central
High School:
Kokomo
School District:
Kokomo-Center Township Cons. S.D
Property Description
Fully Rented Duplex in Prime Downtown Kokomo Location. Great investment opportunity in Kokomo's historic Old Silk Stocking District. This fully occupied duplex features 2 spacious units, each with 2 bedrooms and 1 full bath that's all wrapped into 2,837 sq ft. The property offers a newer furnace and water heaters in the basement for low-maintenance ownership and sits just blocks from downtown shops and restaurants. Tenants can walk to the farmers market and enjoy everything this vibrant area has to offer. This is a turnkey rental in a high-demand location. Don't miss out!
Exterior Features

Driveway None Exterior Wood Location City/Town/Suburb Lot Description Corner Lot Dimensions 66x91 Outbuilding None Parking Street Parking Spaces 0 Pool YN No Roof Material Shingle Style Two Story Waterfront YN No

Interior Features

Above Grade Bedrooms 4 Above Grade Finished Sqft 2837 Above Grade Unfin Sq Ft 0 Amenities Ceiling Fan Basement Foundation Full BasementUnfinished Basement YN Yes Below Grade Baths 0 Below Grade Bedrooms 0 Below Grade Finished Sqft 0 Below Grade Unfin Sq Ft 1429 Cooling Window Dishwashers 0 Disposals 0 Dryers 0 Flooring CarpetLaminateVinyl Tile Heating Fuel Forced Air Microwaves 0 Ranges Ovens 2 Refrigerators 2 Rooms Below Grade 0 Total Baths 2 Total Below Grade Sqft 1429 Total Sq Ft 4266 Unit1 Bathrooms 1 Unit1 Bedrooms 2 Unit2 Bathrooms 1 Unit2 Bedrooms 2 Wash Dry Hookups 0 Washers 0

Property Features

Annual Electric Expense 2400 Annual Fuel Expense 900 Annual Gross Rent 21600 Annual Insurance Expense 1200 Annual Maint Expense 500 Annual Misc 0 Annual Net Income 12472 Annual Property Tax 2328 Annual Trash Expense 0 Annual Water Sewer Exp 1800 Assoc Dues Frequency Not Applicable Auction Y / N No Buildings 1 Efficiencies 0 Electric Company Duke Energy Indiana Exemptions No Exemptions For Sale Or Rent For Sale Four Bedrooms 0 Gas Company NIPSCO Gross Monthly Income 1800 Gross Monthly Rent 1800 Lease Term Month to Month1 Year New Construction No One Bedrooms 0 Owner Pays ElectricFuelLawn MaintenanceSewerWater Owner Real Estate License YN No Pet Restrictions YN No Planned Unit Dev YN No Property Sub Type Duplex Proposed Financing CashConventional Reo YN No Sale Includes BuildingLease Sewer City Tenant Pays ElectricFuelSewerWater Three Bedrooms 0 Township Center Two Bedrooms 2 Unit1 Unit Rent 900 Unit1- Currently Rntd Y / N Yes Unit2 Unit Rent 900 Unit2- Currently Rntd Y / N Yes Units Rented 2 Water Company Indiana American Water Co Water Utility Public Year Taxes Payable 2025

Listing provided by Steven Childers of Keller Williams Lafayette: Agt: 765-413-6046.

© 2025 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty.


© 2025 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Data last updated: 2025-07-16T13:28:26.387.

 
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Keller Williams Realty
Lafayette, West Lafayette
and Kokomo IN,
Listing provided by Steven Childers of Keller Williams Lafayette: Agt: 765-413-6046.