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Listing provided courtesy of Murdock Real Estate GroupJosh MurdockMLS# 202604108MLS ProviderContact Information: Cell: 561-618-6502
  • 140 days on site
  • 0 views

Incredible investment opportunity to own a cash flowing 4 unit building, conveniently located in the heart of downtown Kokomo. All units are rented and have been well maintained. 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.

Source: Indiana Regional MLS, MLS#: 202604108

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  • Property Type
    Residential Income
  • Lot
    0.16 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 701 & 703 E Walnut Street

Schools

School data unavailable,
School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/1/2026Source: Indiana Regional MLS Price Reduction
$250,000 -7.4%
2/10/2026Source: Indiana Regional MLS Added to Database
February 10, 2026