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Showcase Indiana Real Estate
1320 S Elizabeth St, Kokomo, IN 46902
- $761,000
- 17
- BD
- 8
- BA
- 6,858
- SqFt
Listing courtesy of Andy Hardie from The Hardie Group. Main: 765-457-7214
Selling Office: RE/MAX Realty One.- Sold Price
- $761,000
- List Price
- $749,900
- Status
- CLOSED
- MLS#
- 202547810
- Closing Date
- Jan 30, 2026
- Year Built
- 1997
- Days On Market
- Unknown
- Bedrooms
- 17
- Bathrooms
- 8
- Living Area
- 6,858
- Township
- Center
Property Description
Excellent investment opportunity—four all-brick duplexes offering a total of eight income-producing units. The portfolio includes seven 2-bedroom units and one 3-bedroom unit, with 7 out of 8 currently rented, providing strong and steady income. Tenants pay their own utilities, helping maintain low operating expenses and consistent cash flow. Each unit offers separate meters, multiple outdoor patios, sidewalks, and a total of 16 parking spaces in a private lot. The property is conveniently located near shopping, dining, and major employers, making it attractive for long-term tenant retention. Durable brick construction, solid rental history, and strong demand in the area make this a standout multifamily opportunity.
Additional Information
- Acres
- 0.52
- Taxes
- $8,789
- Lot Features
- Level
- Water
- City
- Heating
- Forced Air
- Cooling
- Central Air
- Flooring
- Carpet, Laminate
- School District
- Kokomo-Center Township Cons. S.D.
- Elementary School
- Elwood Haynes
- Middle School
- Central
- High School
- Kokomo
- Agent Name
- Andy Hardie
Listings courtesy of Indiana Regional MLS as distributed by MLS GRID. 