720 W Monroe Street Kokomo, IN ^$ 151,000

720 W Monroe Street

^$ 151,000

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Recently Listed

720 W Monroe Street

Kokomo, IN, 46901

^$ 151,000

Bedrooms6 Baths2.2 Sq 2,560

Monthly Estimate*

^$ 953

720 W Monroe Street, Kokomo, IN 46901 - Image 1

720 W Monroe Street, Kokomo, IN 46901 - Image 2

720 W Monroe Street, Kokomo, IN 46901 - Image 3

720 W Monroe Street, Kokomo, IN 46901 - Image 4

720 W Monroe Street, Kokomo, IN 46901 - Image 5

720 W Monroe Street, Kokomo, IN 46901 - Image 6

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720 W Monroe Street, Kokomo, IN 46901 - Image 10

720 W Monroe Street, Kokomo, IN 46901 - Image 11

720 W Monroe Street, Kokomo, IN 46901 - Image 12

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Multi-Family Home for sale in Kokomo, IN

for $151,000 with 6 bedrooms and 2 full baths, 2 half baths. This 2,560 square foot home was built in 1917.

Attractive duplex on a corner lot! Each spacious 1,280 sq ft unit features 3 bedrooms, 1.5 bathrooms, large living and dining areas, and an equipped kitchen. Washer/dryer hookups are located in the private unfinished basements of each unit. The detached garage is currently used for owner storage and is not utilized by either tenant, but it can be used as an additional source of rental income upon new ownership! Tenants pay ALL utilities. Unit 718 is currently rented through September 2026 at $899/month, and 720 is leased through March 2027 at $745/month.

Multi-Family Active

Price

^$ 151,000

Bedrooms

Full Bath

Half Bath

Property Type

Multi-Family

Taxes

^$ 3,284

Style

Duplex

Year Built

1917

Town/City

Kokomo

County/Region

Howard

MLS | Web ID

202628293

Features

General

Heating Forced Air

Cooling Central Air

Sewer City

Status Active Active

Full Baths 2

Half Baths 2

Bathrooms 4

Year Built 1917

Parking Off Street

New Construction No

Tenant Pays Electric Fuel Sewer Trash Collection Water

Subdivision None

Style Two Story

Stories Count 2

Township Center

Class INVESTMENT

Type Duplex

Age 109

Net Income 12644

Rent Income 19728

Features Basement Off Street Parking Porch Covered

REO No

Status Detail 0

Area Howard County

High School Kokomo

City Kokomo

School District Kokomo-Center Township Cons. S.D

Total Sq Ft 3840

Elementary School Petit Park

Middle School Central

Legal Description R G SMITH'S 4TH ADDN LOT 63 110' S END

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202628293

Agent First Name Audra

Agent Last Name Cannon

DOM 0

Tax Year 2026

Interior

Basement Full Basement Unfinished

Flooring Carpet Mixed Vinyl

Beds 6

Total Number of Units 2

Microwaves 0

Refrigerators 2

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 2

W/D Hookups 2

Exterior

Exterior Vinyl

Pool No

Number of Parking Spaces 2

Lot Size Area 6534

Lot Dimensions 60x110

Lot Description Corner Level

Water Meters 2

Electric Meters 2

Outbuilding None

Gas Meters 2

Waterfront Y/N No

* Excluded Features

List By

Audra Cannon

Listing Agent

Crm Properties, Inc

Broker

audra@crmproperties.net

Affordability Calculator

$1,227

Per Month

Monthly Principal & Interest: $953
Monthly Property Taxes: $274
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% 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

Trends
Schools

Multi-family listings in Kokomo, IN

Average List Price ^$193,707

Percent of Sale Price 28%

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.

1236195 Elementary School

1236963 Middle School

Kokomo High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/15/2026	$151,000		Listed Price

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720 W Monroe Street, Kokomo, IN, 46901 is a Multi-Family Home for sale at $151,000 with 2,560 sqft. 720 W Monroe Street has 6 bedrooms, 2.2 baths, and was built in 1917. 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 6.49% 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 7/15/2026.

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720 W Monroe Street

Multi-Family Home for sale in Kokomo, IN

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