Positioned in the heart of downtown Kokomo, this fully renovated, turnkey commercial property presents a rare opportunity for both investors and owner-users. Currently configured with 4 private suites, each offering strong short-term rental potential, the layout is ideal for Airbnb or executive housing use. Spanning just over 2,300 square feet, the property includes a fully equipped kitchen, dedicated laundry area, and comes fully furnished...allowing for immediate income generation with minimal upfront effort. Zoned Downtown Commercial, it offers flexibility for a variety of uses while benefiting from walkable access to Kokomo’s restaurants, shops, and entertainment. Whether you're looking to expand your investment portfolio or capitalize on the growing demand for downtown short-term rentals, this is a high-performing asset in a prime location.
Active
$374,900
128 W Walnut St, Kokomo, IN 46901
4beds
2,310sqft
Single Family Residence
Built in 1885
1,306 Square Feet Lot
$367,000 Zestimate®
$--/sqft
$-- HOA
What's special
Fully renovatedFully equipped kitchenFully furnishedDedicated laundry area
- 128 days |
- 302 |
- 13 |
Zillow last checked:
Listing updated:
Listed by:
Andy Hardie Main:765-457-7214,
The Hardie Group
Source: IRMLS,MLS#: 202613865
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Bedroom 1
- Level: Upper
Bedroom 2
- Level: Upper
Dining room
- Level: Upper
- Area: 220
- Dimensions: 20 x 11
Kitchen
- Level: Upper
- Area: 272
- Dimensions: 17 x 16
Living room
- Level: Upper
- Area: 272
- Dimensions: 16 x 17
Heating
- Natural Gas
Cooling
- Central Air, Multi Units
Appliances
- Included: Dishwasher, Microwave, Refrigerator, Washer, Dryer-Electric, Electric Range, Electric Water Heater
Features
- Windows: Window Treatments, Blinds
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 2,310
- Total interior livable area: 2,310 sqft
- Finished area above ground: 2,310
- Finished area below ground: 0
Video & virtual tour
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 1,306 Square Feet
- Dimensions: 33 x 132
- Features: Level
Details
- Parcel number: 340336239015.003002
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick
Condition
- New construction: No
- Year built: 1885
Utilities & green energy
- Sewer: City
- Water: City
Community & HOA
Community
- Subdivision: None
Location
- Region: Kokomo
Financial & listing details
- Annual tax amount: $2,004
- Date on market: 4/20/2026
Estimated market value
$367,000
$349,000 - $385,000
$2,476/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/20/2026 | Listed for sale | $374,900-3.6% |
Source:  IRMLS #202613865 Report a problem | ||
| 3/4/2026 | Listing removed | $388,888 |
Source: IRMLS #202536361 Report a problem | ||
| 12/4/2025 | Price change | $388,888-2.8% |
Source: IRMLS #202536361 Report a problem | ||
| 9/9/2025 | Listed for sale | $399,900+6.6% |
Source: IRMLS #202536361 Report a problem | ||
| 6/3/2024 | Listing removed | $375,000 |
Source: IRMLS #202406743 Report a problem | ||
| 5/14/2024 | Pending sale | $375,000 |
Source: IRMLS #202406743 Report a problem | ||
| 3/2/2024 | Listed for sale | $375,000+495.2% |
Source: IRMLS #202406743 Report a problem | ||
| 11/14/2019 | Listing removed | $475 |
Source: CRM Properties, Inc. Report a problem | ||
| 10/24/2019 | Listed for rent | $475 |
Source: CRM Properties, Inc. Report a problem | ||
| 4/26/2019 | Listing removed | $63,000$27/sqft |
Source: Harrold-Chandler Real Estate #201851249 Report a problem | ||
| 1/23/2019 | Price change | $63,000-3.1%$27/sqft |
Source: Harrold-Chandler Real Estate #201851249 Report a problem | ||
| 11/19/2018 | Listed for sale | $65,000$28/sqft |
Source: Harrold-Chandler Real Estate #201851249 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 46901
Nearby schools
GreatSchools rating
- 4/10Pettit Park SchoolGrades: PK-5Distance: 0.6 mi
- 6/10Central Middle SchoolGrades: 6-8Distance: 0.3 mi
- NAKokomo Area Career CenterGrades: 6-12Distance: 2.5 mi
Schools provided by the listing agent
- Elementary: Lafayette Park
- Middle: Central
- High: Kokomo
- District: Kokomo-Center Township Cons. S.D.
Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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