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Pending
  • $169,900

    408 N Ohio St, Kokomo, IN 46901

    5beds
    2,272sqft
    : 
    Duplex
    Built in 1978
    -- sqft lot
    $168,600 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Off-street parking
    Solid investment opportunity at 408 N Ohio Ave—a fully occupied duplex bringing in immediate income. The main level unit is a spacious 3 bed / 2 bath with access to a 2-car garage (a major tenant perk), while the upper unit is a 2 bed / 1 bath—both featuring a mix of low-maintenance laminate and carpet flooring. Units are roomy, well-laid out, and attract solid tenant retention. Plenty of off-street parking adds value for renters. Both units are currently leased—tenants’ rights remain in place—making this a true plug-and-play property for any portfolio. Whether you're looking to house hack in the future or just add a clean income-producing asset to your books, this one checks the boxes: multi-unit, garages, parking, strong rental history, and located in a growing market with consistent demand. No rehab needed. Cash flows day one. Photos are originals, but also include AI edits on some of the bedrooms to show what it would look like without the tenants belongings.
    17 days
    on Zillow
    |
    523
    |
    49
    |

    Likely to sell faster than

    Zillow last checked: 7 hours ago

    Listing updated: April 12, 2025 at 10:07pm

    Listed by:

    Kristine E Miller Cell:765-432-4366,

    Apple Tree Realty, LLC

    Source: IRMLS,MLS#: 202511825MLS Logo
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Natural Gas, Baseboard, Forced Air
    Cooling
    • Central Air
    Features
    • Flooring: Carpet, Vinyl
    • Has basement: No
    Interior area
    • Total structure area: 2,272
    • Total interior livable area: 2,272 sqft
    • Finished area above ground: 2,272
    • Finished area below ground: 0
    Video & virtual tour

    Property

    Parking
    • Total spaces: 6
    • Covered spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 0.3 Acres
    • Dimensions: 46x136
    • Features: Level
    Details
    • Additional structures: None
    • Parcel number: 340431201048.000002

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Materials
    • Vinyl Siding
    • Foundation: Slab
    Condition
    • New construction: No
    • Year built: 1978

    Utilities & green energy

    • Sewer: City
    • Water: City

    Community & HOA

    Community
    • Subdivision: Other
    Location
    • Region: Kokomo

    Financial & listing details

    • Tax assessed value: $100,400
    • Annual tax amount: $2,008
    • Date on market: 4/8/2025
    • Inclusions: Other
    • Lease term: Month To Month
    • Total actual rent: 25200
    • Tenant pays: Cooling, Electricity, Heating, Water
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