128 W Walnut Street, Kokomo, IN 46901

• 4 beds |
• 4 baths |
• 2,310 sqft

Property Description

Positioned in the heart of downtown Kokomo, this fully renovated, turnkey commercial property presents a rare opportunity for both investors and owner-users. Currently configured with 4 private suites, each offering strong short-term rental potential, the layout is ideal for Airbnb or executive housing use. Spanning just over 2,300 square feet, the property includes a fully equipped kitchen, dedicated laundry area, and comes fully furnished...allowing for immediate income generation with minimal upfront effort. Zoned Downtown Commercial, it offers flexibility for a variety of uses while benefiting from walkable access to Kokomo’s restaurants, shops, and entertainment. Whether you're looking to expand your investment portfolio or capitalize on the growing demand for downtown short-term rentals, this is a high-performing asset in a prime location.

Listing Status:

Active

Date Added:

April 19, 2026

Data Last Updated:

May 21, 2026 at 8:00AM

Listing Office:

The Hardie Group : 765-457-7214

Listing Agent:

Andy Hardie : 765-437-6134

MLS ID:

202613865

Interior

• Basement: None
• A/C: Central AirMultiple Cooling Units
• Heating: Gas

Exterior

• General: Brick
• Style: Two Story

Location

• School District: Kokomo-Center Township Cons. S.D.

Lot

• Zoning: WALNUT STREET CONDOMINIUMS UNIT 2A & 28% INT IN COMMON AREA OF OP W2 LOT 7434-03-36-239-015.003-002

Utilities

• Water: City
• Sewer: City