$270,000

701 & 703 E Walnut Street, Kokomo, IN 46901

  • 6 beds |
  • 4 baths |
  • 4,320 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1916
  • Property Lot Size Icon6,970sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $63/sqft
  • Property List Date Icon Listed 1 month ago

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:
April 5, 2026 at 6:59PM
Listing Office:
Murdock Real Estate Group : 765-431-2759
Listing Agent:
Josh Murdock : 561-618-6502
MLS ID:
202604108
  • Basement: Full Basement
  • Flooring: Vinyl
  • A/C: Window
  • Heating: Forced AirGas
  • General: Vinyl
  • Style: Two Story
  • Other Structures: None
  • Parking: Parking spaces: 6
  • School District: Kokomo-Center Township Cons. S.D.
  • Zoning: PT LOT 6 NW4 31-24-4 0.16 AC34-04-31-152-005.000-002

This listing courtesy of Josh Murdock , Murdock Real Estate Group

Monthly Payment

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

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Location

Schools Nearby

S

Sycamore Elementary School

1600 E Sycamore St, Kokomo, IN, 46901

Grades PK-5

0.69 miles away

M

Maple Crest Middle School

2727 S Washington St, Kokomo, IN, 46902

Grades 6-8

2.19 miles away

K

Kokomo Area Career Center

2415 S Berkley Rd, Kokomo, IN, 46902

Grades PK-12

2.73 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.