701 & 703 E Walnut Street Kokomo, IN ^$ 270,000

701 & 703 E Walnut Street

^$ 270,000

Back to search

Recently Listed

701 & 703 E Walnut Street

Kokomo, IN, 46901

^$ 270,000

Bedrooms6 Baths4.0 Sq 2,880

Monthly Estimate*

^$ 1,662

701 & 703 E Walnut Street, Kokomo, IN 46901 - Image 1

701 & 703 E Walnut Street, Kokomo, IN 46901 - Image 2

701 & 703 E Walnut Street, Kokomo, IN 46901 - Image 3

701 & 703 E Walnut Street, Kokomo, IN 46901 - Image 4

701 & 703 E Walnut Street, Kokomo, IN 46901 - Image 5

701 & 703 E Walnut Street, Kokomo, IN 46901 - Image 6

701 & 703 E Walnut Street, Kokomo, IN 46901 - Image 7

701 & 703 E Walnut Street, Kokomo, IN 46901 - Image 8

701 & 703 E Walnut Street, Kokomo, IN 46901 - Image 9

701 & 703 E Walnut Street, Kokomo, IN 46901 - Image 10

701 & 703 E Walnut Street, Kokomo, IN 46901 - Image 11

701 & 703 E Walnut Street, Kokomo, IN 46901 - Image 12

701 & 703 E Walnut Street, Kokomo, IN 46901 - Image 13

701 & 703 E Walnut Street, Kokomo, IN 46901 - Image 14

701 & 703 E Walnut Street, Kokomo, IN 46901 - Image 15

701 & 703 E Walnut Street, Kokomo, IN 46901 - Image 16

701 & 703 E Walnut Street, Kokomo, IN 46901 - Image 17

701 & 703 E Walnut Street, Kokomo, IN 46901 - Image 18

701 & 703 E Walnut Street, Kokomo, IN 46901 - Image 19

701 & 703 E Walnut Street, Kokomo, IN 46901 - Image 20

701 & 703 E Walnut Street, Kokomo, IN 46901 - Image 21

701 & 703 E Walnut Street, Kokomo, IN 46901 - Image 22

701 & 703 E Walnut Street, Kokomo, IN 46901 - Image 23

Multi-Family Home for sale in Kokomo, IN

for $270,000 with 6 bedrooms and 4 full baths. This 2,880 square foot home was built in 1916.

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.

Multi-Family Active

Price

^$ 270,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 1,324

Style

Fourplex

Year Built

1916

Town/City

Kokomo

County/Region

Howard

MLS | Web ID

202604108

Features

General

Heating Gas Forced Air

Cooling Window

Sewer City

Status Active Active

Full Baths 4

Half Baths 0

Bathrooms 4

Year Built 1916

New Construction No

Tenant Pays Electric

Subdivision None

Style Two Story

Stories Count 2

Township Center

Class INVESTMENT

Type Fourplex

Age 110

Net Income 26603

Rent Income 36900

Features Basement

REO No

Status Detail 0

Area Howard County

Location City/Town/Suburb

High School Kokomo

City Kokomo

School District Kokomo-Center Township Cons. S.D

Total Sq Ft 4320

Elementary School Sycamore

Middle School Maple Crest

Legal Description PT LOT 6 NW4 31-24-4 0.16 AC

Agent First Name Josh

Agent Last Name Murdock

DOM 0

Tax Year 2026

Interior

Basement Full Basement

Flooring Vinyl

Beds 6

Total Number of Units 4

Microwaves 0

Refrigerators 4

Washers 0

Dryer(s) 0

Dishwasher(s) 0

Disposal(s) 0

Above Grade Bedrooms 6

Below Grade Baths 0

Below Grade Bedrooms 0

Total Rooms Below Grade 0

Ranges/Ovens 4

W/D Hookups 0

Exterior

Exterior Vinyl

Pool No

Number of Parking Spaces 6

Lot Size Area 6970

Lot Dimensions 50x140

Lot Description Level

Water Meters 1

Electric Meters 5

Outbuilding None

Gas Meters 2

Waterfront Y/N No

* Excluded Features

List By

Josh Murdock

Listing Agent

Murdock Real Estate Group

Broker

jmurdock.realestate@gmail.com

Affordability Calculator

$1,773

Per Month

Monthly Principal & Interest: $1,662
Monthly Property Taxes: $110
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Multi-family listings in Kokomo, IN

Average List Price ^$157,859

Percent of Sale Price 42%

About Kokomo, IN

58,437 Population

-3% Since 2002

^$40,305 Median Income

39.82 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1236473 Elementary School

1236939 Middle School

Kokomo High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/10/2026	$270,000		Listed Price

Map

More homes like this one

homes for you

See all

701 & 703 E Walnut Street, Kokomo, IN, 46901 is a Multi-Family Home for sale at $270,000 with 2,880 sqft. 701 & 703 E Walnut Street has 6 bedrooms, 4.0 baths, and was built in 1916. The property's zip code is 46901 which is in Kokomo, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Multiple Listing Service of the Indiana Regional Multiple Listing Service.

The data relating to real estate for sale on this web site comes in part from the Indiana Regional Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 2/10/2026.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

701 & 703 E Walnut Street

Multi-Family Home for sale in Kokomo, IN

Affordability Calculator

Map

More homes like this one

Get more info about this home