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.
Pending
$169,900
408 N Ohio St, Kokomo, IN 46901
5beds
2,272sqft
Est.:
Duplex
Built in 1978
-- sqft lot
$168,600 Zestimate®
$--/sqft
$-- HOA
What's special
Off-street parking
- 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#: 202511825

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
- Loading