Closed

$225,000

1836-1838 S Armstrong St, Kokomo, IN 46902

4beds

2,448sqft

Quadruplex

Built in 1919

-- sqft lot

$240,600 Zestimate^®

$--/sqft

$1,196 Estimated rent

Home value

$240,600

$202,000 - $286,000

$1,196/mo

Zestimate^® history

Owner options

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$1,196/mo

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$1,196/mo

Rent Zestimate^®

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$1,451/mo

Est. payment

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$1,451/mo

Est. payment

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What's special

Private parkingSimilar in layout

This fully-occupied quadplex in Kokomo presents an exceptional investment opportunity with long-term tenants in place. Situated in a desirable location, just a short distance from IUK and everything downtown Kokomo has to offer! All units are 1 bedroom, 1 bathroom, roughly 600sqft and similar in layout with each having its own covered and screened in porch. Tenants have private parking at the back of the property and pay their own gas and electric. This rare MF investment is a must-see for any investor looking to expand their portfolio in the thriving Kokomo area.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4
Full bathrooms: 4

Heating

Forced Air

Cooling

Window Unit(s)

Features

Flooring: Carpet, Vinyl
Basement: Crawl Space

Interior area

Total structure area: 2,448
Total interior livable area: 2,448 sqft
Finished area above ground: 2,448
Finished area below ground: 0

Property

Parking

Total spaces: 4

Features

Levels: Two
Stories: 2
Patio & porch: Porch Covered, Screened
Exterior features: Balcony

Lot

Size: 5,662 Square Feet
Dimensions: 40x150
Features: Level

Details

Additional structures: None
Parcel number: 340901452011.000002

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex

Materials

Aluminum Siding

Condition

New construction: No
Year built: 1919

Utilities & green energy

Sewer: City
Water: City

Community & HOA

Community

Subdivision: None

Location

Region: Kokomo

Financial & listing details

Annual tax amount: $2,376
Date on market: 4/9/2025
Inclusions: Building, Land, Lease
Lease term: Month To Month,12 Months
Total actual rent: 25260
Tenant pays: Electricity, Fuel

Price history

Date	Event	Price
7/25/2025	Sold	$225,000-6.2%
Source: IRMLS #202512068 Report a problem
7/1/2025	Pending sale	$239,900
Source: IRMLS #202512068 Report a problem
5/19/2025	Price change	$239,900-7.7%
Source: IRMLS #202512068 Report a problem
4/9/2025	Listed for sale	$259,900
Source: IRMLS #202512068 Report a problem