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Showcase Indiana Real Estate
408 W Mulberry St, Kokomo, IN 46901
- $255,000
- 9
- BD
- 5
- BA
- 4,200
- SqFt
Listing courtesy of Graham Roe from Mygrant Realty & Appraisals. Cell: 765-210-5454
Selling Office: NonMember RACI.- Sold Price
- $255,000
- List Price
- $299,900
- Status
- CLOSED
- MLS#
- 202616939
- Closing Date
- Sep 18, 2026
- Year Built
- 1919
- Days On Market
- Unknown
- Bedrooms
- 9
- Bathrooms
- 5
- Living Area
- 4,200
- Township
- Center
Property Description
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. Don’t miss your chance to own a versatile multi-family property in a growing rental market!
Additional Information
- Acres
- 0.20
- Taxes
- $4,464
- Lot Features
- Level
- Water
- City, Public
- Heating
- Electric, Natural Gas, Forced Air
- Cooling
- Central Air
- Flooring
- Wood
- School District
- Kokomo-Center Township Cons. S.D.
- Elementary School
- Petit Park
- Middle School
- Central
- High School
- Kokomo
- Agent Name
- Graham Roe
Listings courtesy of Indiana Regional MLS as distributed by MLS GRID. 