408 W Mulberry Street, Kokomo, IN 46901

• 9 beds |
• 5 baths |
• 5,500 sqft

Property Description

Excellent investment opportunity in the heart of Kokomo! This multi-unit property features a total of five rental units, including four 2-bedroom, 1-bath apartments and one 1-bedroom, 1-bath efficiency unit. With strong income-producing potential and multiple units already in place, this property is ideal for investors looking to expand their portfolio or generate steady cash flow. Conveniently located near downtown amenities, shopping, dining, and major employers. Plenty of upside potential with room to increase rents and maximize returns. Don’t miss your chance to own a versatile multi-family property in a growing rental market!

Listing Status:

Pending

Date Added:

May 7, 2026

Data Last Updated:

May 21, 2026 at 6:57AM

Listing Office:

Mygrant Realty & Appraisals : 765-461-7608

Listing Agent:

Graham Roe : 765-210-5454

MLS ID:

202616939

Interior

• Basement: Unfinished
• Flooring: Wood
• A/C: Central Air
• Heating: ElectricityForced AirGas

Exterior

• General: Brick
• Style: Multi-Story (3+)
• Other Structures: None
• Parking: Parking spaces: 8

Location

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

Lot

• Zoning: WESTERN ADDN BY MILLS & JONES ET AL LOT 1634-03-36-209-011.000-002