Turnkey four-plex opportunity with immediate income potential! Three of the four units are currently tenant-occupied, providing built-in cash flow from day one. The property has been fully renovated in the recent years, offering updated interiors that reduce maintenance concerns and appeal to quality tenants. All utilities are separately metered, and tenants pay their own utilities. Each unit also includes its own private storage room. Located close to downtown amenities, dining, shopping, and local employers, this property sits in a strong rental corridor with consistent demand. Whether you’re expanding your portfolio or completing a 1031 exchange, this low-maintenance multi-unit is positioned for steady performance.
Closed
$245,000
325 S Courtland Ave, Kokomo, IN 46901
8beds
3,120sqft
Quadruplex
Built in 1914
-- sqft lot
$-- Zestimate®
$--/sqft
$1,469 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,469/mo
Zestimate® history
Owner options
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$1,559/mo
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List your homeWhat's special
Updated interiors
Zillow last checked:
Listing updated:
Listed by:
Gina Key Main:765-457-7214,
The Hardie Group
Bought with:
Chris Beatty, RB21000680
The Hardie Group
Source: IRMLS,MLS#: 202606062
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Included: Electric Water Heater
Features
- Ceiling Fan(s), Storage, Laminate Counters, Eat-in Kitchen, Open Floorplan
- Flooring: Carpet, Ceramic Tile
- Basement: Full,Outside Entrance Only,Unfinished,Block
Interior area
- Total structure area: 4,680
- Total interior livable area: 3,120 sqft
- Finished area above ground: 3,120
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Off Street, On Street, Off Street Parking, Concrete
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch Covered
- Fencing: None
Lot
- Size: 4,791 Square Feet
- Dimensions: 40 x 120
- Features: Cul-De-Sac, Level, Flood Plain, City/Town/Suburb, Near Walking Trail
Details
- Additional structures: None
- Parcel number: 340336326004.000002
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Vinyl Siding
- Foundation: Basement
- Roof: Shingle
Condition
- New construction: No
- Year built: 1914
Utilities & green energy
- Electric: Duke Energy Indiana
- Gas: NIPSCO
- Sewer: City
- Water: City, Indiana American Water Co
- Utilities for property: Cable Connected
Community & HOA
Community
- Subdivision: None
Location
- Region: Kokomo
Financial & listing details
- Tax assessed value: $169,000
- Annual tax amount: $3,380
- Date on market: 2/26/2026
- Listing terms: Cash,Conventional
- Inclusions: Building, Land
- Lease term: Month To Month,12 Months
- Total actual rent: 28140
- Tenant pays: Electricity, Sewer, Trash Collection, Water
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 4/7/2026 | Sold | $245,000-5.8% |
Source:  IRMLS #202606062 Report a problem | ||
| 2/28/2026 | Pending sale | $260,000+8.3% |
Source: IRMLS #202606062 Report a problem | ||
| 6/21/2023 | Sold | $240,000-7.7% |
Source: IRMLS #202308895 Report a problem | ||
| 4/21/2023 | Price change | $260,000-3.7% |
Source: IRMLS #202308895 Report a problem | ||
| 3/27/2023 | Listed for sale | $270,000 |
Source: IRMLS #202308895 Report a problem | ||
| 6/1/2020 | Listing removed | $625 |
Source: Availed Property Management LLC Report a problem | ||
| 4/11/2020 | Listed for rent | $625 |
Source: Availed Property Management LLC Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,854 +23.3% | $169,000 +18.4% |
| 2024 | $2,315 +11.2% | $142,700 +23.5% |
| 2023 | $2,081 +17.9% | $115,500 +11.3% |
| 2022 | $1,765 +15.4% | $103,800 +18% |
| 2021 | $1,529 +9.6% | $88,000 +15.5% |
| 2020 | $1,395 +7.5% | $76,200 +9.6% |
| 2019 | $1,298 +14.1% | $69,500 +7.1% |
| 2018 | $1,138 | $64,900 +14.1% |
| 2017 | $1,138 -9.5% | $56,900 |
| 2016 | $1,258 -9.6% | $56,900 -18.2% |
| 2014 | $1,392 +1.6% | $69,600 +1.6% |
| 2013 | $1,370 -1.3% | $68,500 -1.3% |
| 2012 | $1,388 +19.7% | $69,400 +19.7% |
| 2011 | $1,160 -31.5% | $58,000 -31.5% |
| 2010 | $1,694 +22.6% | $84,700 +22.6% |
| 2009 | $1,382 +21.2% | $69,100 +66.9% |
| 2007 | $1,141 -4.4% | $41,400 -10.2% |
| 2006 | $1,194 | $46,100 +3.6% |
| 2005 | -- | $44,500 |
Find assessor info on the county website
Neighborhood: 46901
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Nearby schools
GreatSchools rating
- 4/10Pettit Park SchoolGrades: PK-5Distance: 0.8 mi
- 5/10Central Middle SchoolGrades: 6-8Distance: 0.5 mi
- NAKokomo Area Career CenterGrades: 6-12Distance: 2 mi
Schools provided by the listing agent
- Elementary: Elwood Haynes
- 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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- Indiana
- Howard County
- Kokomo
- 46901
- 325 S Courtland Ave
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