813 W Markland Avenue Kokomo, IN $ 745,000
813 W Markland Avenue
$ 745,000
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813 W Markland Avenue

Kokomo, IN, 46902
$ 745,000
Bedrooms18 Baths8.0 Sq 7,192

Monthly Estimate*

$ 4,704

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Multi-Family Home for sale in Kokomo, IN

for $745,000 with 18 bedrooms and 8 full baths. This 7,192 square foot home was built in 1915.

Exceptional investment opportunity! This package includes 7 single-family homes being sold together, offering immediate portfolio expansion for investors. The portfolio consists of three 2-bedroom, 1-bath homes, one 3-bedroom, 2-bath home, and three 3-bedroom, 1-bath homes, providing a desirable mix of rental options. Current rents are significantly below market rates, presenting an outstanding value-add opportunity for investors to increase rental income over time. As rents are brought closer to market levels, the portfolio offers strong potential for increased cash flow and enhanced overall asset value. Whether you're looking to expand an existing portfolio or make a substantial investment in income-producing real estate, this rare package offers exceptional long-term potential.

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Multi-Family Active

Price

$ 745,000

Bedrooms

18

Full Bath

8

Property Type

Multi-Family

Taxes

$ 12,060

Style

Bungalow

Year Built

1915

Town/City

Kokomo

County/Region

Howard

MLS | Web ID

202629081

Features
General
Heating Gas Forced Air
Cooling Central Air
Sewer City
# of Buildings 7
Status Active Active
Full Baths 8
Half Baths 0
Bathrooms 8
Year Built 1915
Parking Garage Off Street
New Construction No
Tenant Pays Cable Cooling Electric Heating Lawn Maintenance Sewer Snow Removal Water
Subdivision None
Style Other
Stories Count 1
Township Center
Class INVESTMENT
Type Other
Age 111
Net Income 24301
Rent Income 47400
Features Basement Ceiling Fan Off Street Parking Storage Cable Available Cable Ready Countertops-Solid Surf Garage Utilities
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
Architectural Style Bungalow
Total Sq Ft 7192
Elementary School Boulevard
Middle School Maple Crest
Legal Description Mc Clure's Addn Lot 128
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202629081
Agent First Name Brett
Agent Last Name Walker
DOM 2
Tax Year 2025
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Interior
Basement Full Basement Unfinished
Flooring Mixed
HVAC Ceiling Fan High Efficiency Furnace
Beds 5
Total Number of Units 7
Microwaves 0
Refrigerators 5
Washers 0
Dryer(s) 0
Dishwasher(s) 3
Disposal(s) 0
Above Grade Bedrooms 5
Below Grade Baths 0
Below Grade Bedrooms 0
Total Rooms Below Grade 0
Ranges/Ovens 6
W/D Hookups 7
Basement Material Block
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Exterior
Exterior Aluminum Vinyl Other
Driveway Stone
Pool No
Number of Parking Spaces 0
Lot Size Area 6098
Lot Dimensions 47x132
Lot Description Level Other
Water Meters 7
Electric Meters 7
Outbuilding None
Gas Meters 7
Waterfront Y/N No
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* Excluded Features
List By
Brett Walker

Listing Agent

The Wyman Group

Broker

brett.walker765@gmail.com

Email

Affordability Calculator

$5,709
Per Month
82%
18%
0%
Monthly Principal & Interest
$4,704
Monthly Property Taxes
$1,005
Monthly 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
1237604 Elementary School
1236939 Middle School
Kokomo High School High School
Pricing History
DatePricePrice ChangeDescription
7/20/2026$745,000 Listed Price

Map


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813 W Markland Avenue, Kokomo, IN, 46902 is a Multi-Family Home for sale at $745,000 with 7,192 sqft. 813 W Markland Avenue has 18 bedrooms, 8.0 baths, and was built in 1915. The property's zip code is 46902 which is in Kokomo, IN