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408 W Mulberry Street Kokomo, IN $ 299,900
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$ 299,900 Get more info
408 W Mulberry Street
$ 299,900
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408 W Mulberry Street

Kokomo, IN, 46901
$ 299,900
Bedrooms9 Baths5.0 Sq 4,200

Monthly Estimate*

$ 1,847

408 W Mulberry Street, Kokomo, IN 46901 - Image 1
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Multi-Family Home for sale in Kokomo, IN

for $299,900 with 9 bedrooms and 5 full baths. This 4,200 square foot home was built in 1919.

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. Dont miss your chance to own a versatile multi-family property in a growing rental market!

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Multi-Family Active

Price

$ 299,900

Bedrooms

9

Full Bath

5

Property Type

Multi-Family

Taxes

$ 4,464

Style

Fiveplex

Year Built

1919

Town/City

Kokomo

County/Region

Howard

MLS | Web ID

202616939
Features
General
Heating Electricity Gas Forced Air
Cooling Central Air
Sewer City
Status Active Active
Full Baths 5
Half Baths 0
Bathrooms 5
Year Built 1919
New Construction No
Tenant Pays Cable Cooling Electric Fuel Heating
Subdivision None
Style Multi-Story (3+)
Stories Count 3
Township Center
Class INVESTMENT
Type Fiveplex
Age 107
Net Income 34034
Rent Income 49860
Features Basement Ceiling Fan Fireplace Off Street Parking Cable Ready
REO No
Status Detail 0
Area Howard County
High School Kokomo
City Kokomo
School District Kokomo-Center Township Cons. S.D
Total Sq Ft 5500
Elementary School Petit Park
Middle School Central
Legal Description WESTERN ADDN BY MILLS & JONES ET AL LOT 16
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202616939
Agent First Name Graham
Agent Last Name Roe
DOM 5
Tax Year 25
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Interior
Basement Unfinished
Flooring Wood
Beds 9
Total Number of Units 5
Microwaves 0
Refrigerators 5
Washers 0
Dryer(s) 0
Dishwasher(s) 4
Disposal(s) 0
Above Grade Bedrooms 9
Below Grade Baths 0
Below Grade Bedrooms 0
Total Rooms Below Grade 0
Ranges/Ovens 5
W/D Hookups 2
Basement Material Stone
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Exterior
Exterior Brick
Pool No
Number of Parking Spaces 8
Lot Size Area 8712
Lot Dimensions 66 x 132
Lot Description Level
Water Meters 1
Electric Meters 5
Outbuilding None
Gas Meters 4
Waterfront Y/N No
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* Excluded Features
List By
Graham Roe

Listing Agent

Mygrant Realty & Appraisals

Broker

grahamroe24@gmail.com

Email

Affordability Calculator

$2,219
Per Month
83%
17%
0%
Monthly Principal & Interest
$1,847
Monthly Property Taxes
$372
Monthly 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.
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Nearby
1236195 Elementary School
1236963 Middle School
Kokomo High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/7/2026$299,900 Listed Price

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408 W Mulberry Street, Kokomo, IN, 46901 is a Multi-Family Home for sale at $299,900 with 4,200 sqft. 408 W Mulberry Street has 9 bedrooms, 5.0 baths, and was built in 1919. The property's zip code is 46901 which is in Kokomo, IN

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