Awesome investment opportunity in the heart of downtown Kokomo! This unique property offers over 5,000 total square feet with nearly 3,400 finished square feet, providing endless possibilities for investors, entrepreneurs, or those looking for a large-scale renovation project. The expansive layout offers a true blank canvas and could be transformed into a quadplex, multi-family investment, commercial space, or a combination of uses (subject to zoning approval). Located within walking distance to downtown amenities, restaurants, shopping, and entertainment, this property offers the perfect opportunity to bring your vision to life. A rare chance to own a large downtown property with incredible potential and value-add opportunity. Property is being sold as-is. Personal Property to convey.
Active
$109,900
311 W Walnut St, Kokomo, IN 46901
4beds
3,396sqft
Multi Family
Built in 1875
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Expansive layout
- 13 days |
- 6,576 |
- 552 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Graham Roe Cell:765-210-5454,
Mygrant Realty & Appraisals,
Micheal Plummer,
Mygrant Realty & Appraisals
Source: IRMLS,MLS#: 202625558
Loading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air
Cooling
- Central Air
Features
- Flooring: Laminate, Vinyl
- Basement: Full,Stone
Interior area
- Total structure area: 5,094
- Total interior livable area: 3,396 sqft
- Finished area above ground: 3,396
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 8
Features
- Levels: Multi-Story (3+)
- Stories: 3
Lot
- Size: 8,276 Square Feet
- Dimensions: 121 x 68
- Features: Level
Details
- Additional structures: None
- Parcel number: 340336252021.000002
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Basement
Condition
- New construction: No
- Year built: 1875
Utilities & green energy
- Sewer: City
- Water: City
Community & HOA
Community
- Subdivision: None
Location
- Region: Kokomo
Financial & listing details
- Tax assessed value: $250,600
- Annual tax amount: $5,012
- Date on market: 6/27/2026
- Inclusions: Building, Land
- Lease term: None
- Total actual rent: 24000
- Tenant pays: Cable TV, Cooling, Electricity, Fuel, Heating, Sewer, Trash Collection, Water
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$1,183/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/27/2026 | Listed for sale | $109,900-26.7% |
Source: | ||
| 12/16/2015 | Listing removed | $149,900$44/sqft |
Source: Propertyware Inc Report a problem | ||
| 10/12/2015 | Price change | $149,900$44/sqft |
Source: Propertyware Inc Report a problem | ||
| 9/17/2015 | Listed for sale | -- |
Source: Propertyware Inc Report a problem | ||
| 2/5/2015 | Listing removed | $600 |
Source: Moxie Properties Report a problem | ||
| 10/24/2014 | Listed for rent | $600+33.3% |
Source: Moxie Properties Report a problem | ||
| 7/26/2013 | Listing removed | $450 |
Source: Moxie Properties, LLC Report a problem | ||
| 5/30/2013 | Listed for rent | $450-25% |
Source: Moxie Properties, LLC Report a problem | ||
| 4/12/2013 | Listing removed | $600 |
Source: Moxie Properties, LLC Report a problem | ||
| 1/8/2013 | Listed for rent | $600 |
Source: Moxie Properties, LLC Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,346 +12% | $250,600 +15.3% |
| 2024 | $3,882 -6.7% | $217,300 +12% |
| 2023 | $4,160 +15.1% | $194,100 -6.7% |
| 2022 | $3,614 +7% | $208,000 +15.1% |
| 2021 | $3,376 | $180,700 +7% |
| 2020 | $3,376 +5.2% | $168,800 |
| 2019 | $3,210 +1.1% | $168,800 +5.2% |
| 2018 | $3,174 +7% | $160,500 +1.1% |
| 2017 | $2,966 +9.3% | $158,700 +7% |
| 2016 | $2,714 -1.9% | $148,300 +7.2% |
| 2014 | $2,766 +1.9% | $138,300 +1.9% |
| 2013 | $2,714 -4.8% | $135,700 -4.8% |
| 2012 | $2,850 -12.9% | $142,500 -12.9% |
| 2011 | $3,272 | $163,600 |
| 2010 | $3,272 -8.4% | $163,600 -8.4% |
| 2009 | $3,572 +49.6% | $178,600 -4.1% |
| 2007 | $2,388 -49.5% | $186,300 +2.1% |
| 2006 | $4,726 | $182,500 +49.6% |
| 2005 | -- | $122,000 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Principal & interest
$1,547Mortgage insurance
$0Property taxes
$170Home insurance
$105HOA fees
$0Utilities
Not includedAll calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 46901
Nearby schools
GreatSchools rating
- 4/10Pettit Park SchoolGrades: PK-5Distance: 0.6 mi
- 5/10Central Middle SchoolGrades: 6-8Distance: 0.4 mi
- NAKokomo Area Career CenterGrades: 6-12Distance: 2.4 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.
- $169,000-- bd-- ba-- sqft311 1/2 W Walnut St, Kokomo, IN 46901Off Market
Save - $128,6004 bd3 ba1.6k sqft321 W Walnut St, Kokomo, IN 46901Off Market
Save - $161,100-- bd2 ba2.3k sqft401 W Walnut St, Kokomo, IN 46901Off Market
Save - $136,200-- bd0 ba2.4k sqft314 W Walnut St, Kokomo, IN 46901Off Market
Save - $--2 bd2 ba-- sqft405 W Walnut St #F320A52C6, Kokomo, IN 46901Off Market
Save - $--1 bd1 ba-- sqft405 W Walnut St #776F18CCB, Kokomo, IN 46901Off Market
Save - $--1 bd1 ba-- sqft405 W Walnut St #1, Kokomo, IN 46901Off Market
Save - $---- bd-- ba-- sqft200 N Washington St, Kokomo, IN 46901Off Market
Save
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.
Similar homes
- $--3 bd3 ba2.2k sqft508 S Armstrong St, Kokomo, IN 46901Auction
Save
Xome - $--3 bd2 ba1.8k sqft2314 N Jay St, Kokomo, IN 46901Auction
Save
Auction.com 2 - $115,0003 bd3 ba3k sqft704 S Bell St, Kokomo, IN 46901For Sale
Save
MLS ID #202617282, Steve D Schwering, Schwering Realty. IRMLS - $125,0003 bd3 ba1.9k sqft914 S Market St, Kokomo, IN 46901For Sale
Save
MLS ID #202528162, Pam F Maloney, RE/MAX Realty One. IRMLS - $159,9003 bd1 ba2k sqft1812 N Leeds St, Kokomo, IN 46901For Sale
Save MLS ID #202627297, Toni Brock, The Wyman Group. IRMLS - $140,0003 bd2 ba1.9k sqft1107 E Mulberry St, Kokomo, IN 46901Active
Save MLS ID #22081637, Basim Najeeb, Keller Williams Indy Metro Partners. MIBOR as distributed by MLS GRID - $158,0003 bd2 ba1.7k sqft710 E Superior St, Kokomo, IN 46901For Sale
Save MLS ID #202613702, Kristine E Miller, Apple Tree Realty, LLC. IRMLS - $139,9003 bd1 ba1.9k sqft2123 N Purdum St, Kokomo, IN 46901For Sale
Save MLS ID #202606580, Gina Key, The Hardie Group. IRMLS - $144,9003 bd1 ba1.7k sqft1133 S Webster St, Kokomo, IN 46902For Sale
Save MLS ID #202624605, Brian Miller, True Realty. IRMLS - $--3 bd1 ba1.9k sqft26 E Spring St, Peru, IN 46970Auction
Save Auction.com 1 - $149,5004 bd2 ba1.7k sqft224 W Broadway, Bunker Hill, IN 46914For Sale
Save MLS ID #202624490, Rebekah Slack, Miles Realty Group. IRMLS - $155,0003 bd2 ba1.8k sqft1009 Eastcrest Dr, Greentown, IN 46936Active
Save MLS ID #22100075, Brian Ingle, FC Tucker Richmond. MIBOR as distributed by MLS GRID - $70,0002 bd1 ba1.9k sqft530 W Jackson St, Galveston, IN 46932For Sale
Save MLS ID #202614294, Amy True, True Realty. IRMLS - $67,0004 bd1 ba2.1k sqft223 W 2nd St, Peru, IN 46970For Sale
Save MLS ID #202625709, Andrea Alanis, Modern Real Estate. IRMLS - $149,9994 bd2 ba2.1k sqft336 W 3rd St, Peru, IN 46970For Sale
Save MLS ID #202623974, Brittany Ritchie, Miles Realty Group. IRMLS - $84,0003 bd1 ba2k sqft15 N Holman St, Peru, IN 46970For Sale
Save MLS ID #202622585, Vanessa Lauritsen, Hoosier Real Estate Group. IRMLS - $65,0003 bd1 ba1.8k sqft402 E Marion St, Converse, IN 46919For Sale By Owner
Save
- Request a tour
as early as today at 11:00 am
Contact agent
- Indiana
- Howard County
- Kokomo
- 46901
- 311 W Walnut St