701 & 703 E Walnut Street, Kokomo, IN 46901

• 6 beds |
• 4 baths |
• 4,320 sqft

Property Description

Incredible investment opportunity to own a cash flowing 4 unit building, conveniently located in the heart of downtown Kokomo. Units A, B & D have been thoughtfully updated and have great renters in place. Unit C will have new flooring, fresh paint, and new stove prior to closing. Owner pays Gas/Water/Sewer/Lawncare. Residents pay their own electric but there is a 5th electric meter to the basement that owner pays. *All photos of units were taken prior to the residents moving in and are not intended as a direct representation of the property condition. Buyer to do their own due diligence.

Listing Status:

Active

Date Added:

February 10, 2026

Data Last Updated:

May 21, 2026 at 8:00AM

Listing Office:

Murdock Real Estate Group : 765-431-2759

Listing Agent:

Josh Murdock : 561-618-6502

MLS ID:

202604108

Interior

• Basement: Full Basement
• Flooring: Vinyl
• A/C: Window
• Heating: Forced AirGas

Exterior

• General: Vinyl
• Style: Two Story
• Other Structures: None
• Parking: Parking spaces: 6

Location

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

Lot

• Zoning: PT LOT 6 NW4 31-24-4 0.16 AC34-04-31-152-005.000-002