128 W Walnut Kokomo, IN ^$ 388,888

128 W Walnut

^$ 388,888

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128 W Walnut

Kokomo, IN, 46901

^$ 388,888

Bedrooms-- Baths1.0 Sq 2,310

Monthly Estimate*

^$ 2,426

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Commercial Property for sale in Kokomo, IN

for $388,888 with 1 full bath. This 2,310 square foot building was built in 1885 on a lot size of 0.03.

Fantastic investment opportunity in the heart of downtown Kokomo! This fully renovated property offers 4 private rooms plus fully appliance kitchen and laundry area, making it ideal for Airbnb or short-term rental income. Zoned Downtown Commercial, it's perfectly positioned near dining, shopping, and entertainment. Sold fully furnished, this turnkey property is ready to start generating income from day one.

Commercial Active

Price

^$ 388,888

Full Bath

Property Type

Commercial

Taxes

^$ 3,084

Style

Unknown

Lot Size

0.03

Year Built

1885

Town/City

Kokomo

County/Region

Howard

MLS | Web ID

202535879

Features

General

Heating Oil Forced Air

Cooling Central Air Wall AC

Ceiling Height 12

Roof Rubber

Parking Yes Off-Street

Sewer City

# of Buildings 1

Status Active Active

Bathrooms 1

Year Built 1885

New Construction No

Subdivision None

Stories Count 2

Township Center

Class COMMERCIAL

Type Other/Unknown

Age 140

Special Features None

REO No

Status Detail 0

Area Howard County

City Kokomo

Legal Description WALNUT STREET CONDOMINIUMS UNIT 2A & 28% INT IN COMMON AREA OF OP W2 LOT 74

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202535879

Agent First Name Paul

Agent Last Name Wyman

DOM 108

Tax Year 2025

Exterior

Road Access City

Exterior Brick

Lot Size Area 1307

Lot Dimensions 33x132

Parking Type off street

Waterfront Y/N No

Interior

Flooring Laminate Tile

Basement/Foundation None

Walls Drywall

* Excluded Features

List By

Paul Wyman

Listing Agent

The Wyman Group

Broker

pwyman8@aol.com

Affordability Calculator

$2,683

Per Month

Monthly Principal & Interest: $2,426
Monthly Property Taxes: $257
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% 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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THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Commerical listings in Kokomo, IN

Average List Price ^$881,726

Percent of Sale Price 127%

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.

1237469 Elementary School

1237627 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/4/2025	$388,888	-2.75%	Price Down
9/5/2025	$399,900		Listed Price

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128 W Walnut, Kokomo, IN, 46901 is a Commercial Property for sale at $388,888 with 2,310 sqft and a lot size of 0.03. 128 W Walnut has 1.0 baths and was built in 1885. 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 6.375% 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 12/25/2025.

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128 W Walnut

Commercial Property for sale in Kokomo, IN

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