Fully Rented Duplex in Prime Downtown Kokomo Location. Great investment opportunity in Kokomo's historic Old Silk Stocking District. This fully occupied duplex features 2 spacious units, each with 2 bedrooms and 1 full bath that's all wrapped into 2,837 sq ft. The property offers a newer furnace and water heaters in the basement for low-maintenance ownership and sits just blocks from downtown shops and restaurants. Tenants can walk to the farmers market and enjoy everything this vibrant area has to offer. This is a turnkey rental in a high-demand location. Don't miss out!
Closed
$120,000
400 W Mulberry St, Kokomo, IN 46901
4beds
2,837sqft
Duplex
Built in 1897
-- sqft lot
$137,200 Zestimate®
$--/sqft
$1,188 Estimated rent
Home value
$137,200
$103,000 - $172,000
$1,188/mo
Zestimate® history
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$1,188/mo
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$1,188/mo
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$580/mo
Est. payment
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$580/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Steven Childers Agt:765-413-6046,
Keller Williams Lafayette
Bought with:
Ivan Koblov, RB17000238
Keller Williams Indy Metro NE
Source: IRMLS,MLS#: 202520098
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air
Cooling
- Window Unit(s)
Features
- Ceiling Fan(s)
- Flooring: Carpet, Laminate, Vinyl Tile
- Basement: Full,Unfinished
Interior area
- Total structure area: 4,266
- Total interior livable area: 2,837 sqft
- Finished area above ground: 2,837
- Finished area below ground: 0
Property
Parking
- Parking features: On Street
Features
- Levels: Two
- Stories: 2
Lot
- Size: 6,098 Square Feet
- Dimensions: 66x91
- Features: Corner Lot, City/Town/Suburb
Details
- Additional structures: None
- Parcel number: 340336209013.000002
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Wood Siding
- Roof: Shingle
Condition
- New construction: No
- Year built: 1897
Utilities & green energy
- Electric: Duke Energy Indiana
- Gas: NIPSCO
- Sewer: City
- Water: Public, Indiana American Water Co
Community & HOA
Community
- Subdivision: Western Heights
Location
- Region: Kokomo
Financial & listing details
- Tax assessed value: $132,100
- Annual tax amount: $2,328
- Date on market: 5/29/2025
- Listing terms: Cash,Conventional
- Inclusions: Building, Lease
- Lease term: Month To Month,12 Months
- Total actual rent: 21600
- Tenant pays: Electricity, Fuel, Sewer, Water
Price history
| Date | Event | Price |
|---|---|---|
| 10/3/2025 | Sold | $120,000-14.3% |
Source:  IRMLS #202520098 Report a problem | ||
| 6/17/2025 | Price change | $140,000-6.7% |
Source: IRMLS #202520098 Report a problem | ||
| 5/29/2025 | Listed for sale | $150,000+31.3% |
Source: IRMLS #202520098 Report a problem | ||
| 10/10/2024 | Sold | $114,285-12.1%$40/sqft |
Source:  MIBOR as distributed by MLS GRID #21988660 Report a problem | ||
| 9/8/2024 | Pending sale | $130,000 |
Source: IRMLS #202425318 Report a problem | ||
| 8/20/2024 | Price change | $130,000-3.7%$46/sqft |
Source: MIBOR as distributed by MLS GRID #21988660 Report a problem | ||
| 7/22/2024 | Price change | $135,000-3.6%$48/sqft |
Source: MIBOR as distributed by MLS GRID #21988660 Report a problem | ||
| 7/4/2024 | Listed for sale | $140,000+360.5%$49/sqft |
Source: MIBOR as distributed by MLS GRID #21988660 Report a problem | ||
| 10/5/2012 | Listing removed | $30,400$11/sqft |
Source: Homepath #77073290 Report a problem | ||
| 9/18/2012 | Price change | $30,400-17.6%$11/sqft |
Source: Homepath #77073290 Report a problem | ||
| 8/11/2012 | Price change | $36,900-11.9%$13/sqft |
Source: Homepath #77073290 Report a problem | ||
| 7/4/2012 | Price change | $41,900-32.4%$15/sqft |
Source: Homepath #77073290 Report a problem | ||
| 6/28/2012 | Listed for sale | -- |
Source: Homepath #77073290 Report a problem | ||
| 5/29/2012 | Sold | $61,983$22/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,328 +13.7% | $132,100 +13.5% |
| 2024 | $2,048 -2% | $116,400 +13.7% |
| 2023 | $2,090 +13.8% | $102,400 -2% |
| 2022 | $1,836 +6.4% | $104,500 +13.8% |
| 2021 | $1,726 +5.2% | $91,800 +6.4% |
| 2020 | $1,640 -70.1% | $86,300 +5.2% |
| 2019 | $5,493 +60.6% | $82,000 +3.5% |
| 2018 | $3,420 +132.7% | $79,200 +1.3% |
| 2017 | $1,470 +17.8% | $78,200 +6.5% |
| 2016 | $1,248 -2% | $73,400 +15.8% |
| 2014 | $1,273 +1.2% | $63,400 +1.3% |
| 2013 | $1,258 -11.7% | $62,600 -11.7% |
| 2012 | $1,424 -5% | $70,900 -4.8% |
| 2011 | $1,499 0% | $74,500 |
| 2010 | $1,499 -8.4% | $74,500 -8.3% |
| 2009 | $1,636 -31% | $81,200 -5.6% |
| 2007 | $2,370 +6.4% | $86,000 |
| 2006 | $2,227 | $86,000 +10.7% |
| 2005 | -- | $77,700 |
Find assessor info on the county website
Neighborhood: 46901
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Nearby schools
GreatSchools rating
- 4/10Pettit Park SchoolGrades: PK-5Distance: 0.5 mi
- 5/10Central Middle SchoolGrades: 6-8Distance: 0.4 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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- Indiana
- Howard County
- Kokomo
- 46901
- 400 W Mulberry St
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