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!
Active under contract
Price cut: $10K (6/17)
$140,000
400 W Mulberry St, Kokomo, IN 46901
4beds
2,837sqft
Est.:
Duplex
Built in 1897
-- sqft lot
$136,400 Zestimate®
$--/sqft
$-- HOA
What's special
Newer furnaceSpacious unitsWater heaters
- 42 days
- on Zillow |
- 753 |
- 57 |
Zillow last checked: 7 hours ago
Listing updated: July 07, 2025 at 08:17am
Listed by:
Steven Childers Agt:765-413-6046,
Keller Williams Lafayette
Source: IRMLS,MLS#: 202520098

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air
Cooling
- Window Unit(s)
Features
- Ceiling Fan(s)
- Flooring: Carpet, Laminate, Vinyl Tile
- Basement: Full,Unfinished
Interior area
- Total structure area: 4,266
- Total interior livable area: 2,837 sqft
- Finished area above ground: 2,837
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Parking features: On Street
Features
- Levels: Two
- Stories: 2
Lot
- Size: 6,098.4 Square Feet
- Dimensions: 66x91
- Features: Corner Lot, City/Town/Suburb
Details
- Additional structures: None
- Parcel number: 340336209013.000002
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Wood Siding
- Roof: Shingle
Condition
- New construction: No
- Year built: 1897
Utilities & green energy
- Electric: Duke Energy Indiana
- Gas: NIPSCO
- Sewer: City
- Water: Public, Indiana American Water Co
Community & HOA
Community
- Subdivision: Western Heights
Location
- Region: Kokomo
Financial & listing details
- Tax assessed value: $116,400
- Annual tax amount: $2,328
- Date on market: 5/29/2025
- Listing terms: Cash,Conventional
- Inclusions: Building, Lease
- Lease term: Month To Month,12 Months
- Total actual rent: 21600
- Tenant pays: Electricity, Fuel, Sewer, Water
- Loading