$749,900

1320 S ELIZABETH Street, Kokomo, IN 46902

  • 17 beds |
  • 8 baths |
  • 6,858 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1997
  • Property Lot Size Icon0.52acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $109/sqft
  • Property List Date Icon Listed 19 days ago

Property Description

Excellent investment opportunity—four all-brick duplexes offering a total of eight income-producing units. The portfolio includes seven 2-bedroom units and one 3-bedroom unit, with 7 out of 8 currently rented, providing strong and steady income. Tenants pay their own utilities, helping maintain low operating expenses and consistent cash flow. Each unit offers separate meters, multiple outdoor patios, sidewalks, and a total of 16 parking spaces in a private lot. The property is conveniently located near shopping, dining, and major employers, making it attractive for long-term tenant retention. Durable brick construction, solid rental history, and strong demand in the area make this a standout multifamily opportunity.

Listing Status:
Pending
Date Added:
December 2, 2025 at 06:00AM
Listing Office:
The Hardie Group : 765-457-7214
Listing Agent:
Andy Hardie : 765-437-6134
MLS ID:
202547810
  • Basement: Crawl
  • Flooring: CarpetLaminate
  • A/C: Central Air
  • Heating: Forced Air
  • General: Brick
  • Style: One Story
  • Other Structures: None
  • Parking: LotPavedParking spaces: 16
  • School District: Kokomo-Center Township Cons. S.D.
  • Zoning: COUNTRYSIDE ADDN PT LOT 134-10-06-278-011.000-002

This listing courtesy of Andy Hardie, The Hardie Group

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

E

Elwood Haynes Elementary School

910 S Cooper St, Kokomo, IN, 46901

Grades PK-5

0.54 miles away

C

Central Middle School

303 E Superior St, Kokomo, IN, 46901

Grades 6-8

1.29 miles away

K

Kokomo Area Career Center

2415 S Berkley Rd, Kokomo, IN, 46902

Grades PK-12

2.49 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.