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  • $175,000

    408 N Ohio St, Kokomo, IN 46901

    5beds
    2,272sqft
    Duplex
    Built in 1978
    -- sqft lot
    $190,000 Zestimate®
    $--/sqft
    $1,200 Estimated rent

    Home value

    $190,000

    $160,000 - $228,000

    $1,200/mo

    Zestimate® history
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    What's special

    Off-street parking
    Solid investment opportunity at 408 N Ohio Ave—a fully occupied duplex bringing in immediate income. The main level unit is a spacious 3 bed / 2 bath with access to a 2-car garage (a major tenant perk), while the upper unit is a 2 bed / 1 bath—both featuring a mix of low-maintenance laminate and carpet flooring. Units are roomy, well-laid out, and attract solid tenant retention. Plenty of off-street parking adds value for renters. Both units are currently leased—tenants’ rights remain in place—making this a true plug-and-play property for any portfolio. Whether you're looking to house hack in the future or just add a clean income-producing asset to your books, this one checks the boxes: multi-unit, garages, parking, strong rental history, and located in a growing market with consistent demand. No rehab needed. Cash flows day one. Photos are originals, but also include AI edits on some of the bedrooms to show what it would look like without the tenants belongings.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kristine E Miller Cell:765-432-4366,

    Apple Tree Realty, LLC

    Bought with:

    Lauren Whitaker, RB22000314

    Real Broker, LLC

    Source: IRMLS,MLS#: 202511825MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Natural Gas, Baseboard, Forced Air
    Cooling
    • Central Air
    Features
    • Flooring: Carpet, Vinyl
    • Has basement: No
    Interior area
    • Total structure area: 2,272
    • Total interior livable area: 2,272 sqft
    • Finished area above ground: 2,272
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 6
    • Covered spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 0.3 Acres
    • Dimensions: 46x136
    • Features: Level
    Details
    • Additional structures: None
    • Parcel number: 340431201048.000002

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Materials
    • Vinyl Siding
    • Foundation: Slab
    Condition
    • New construction: No
    • Year built: 1978

    Utilities & green energy

    • Sewer: City
    • Water: City

    Community & HOA

    Community
    • Subdivision: Other
    Location
    • Region: Kokomo

    Financial & listing details

    • Tax assessed value: $100,400
    • Annual tax amount: $2,008
    • Date on market: 4/8/2025
    • Inclusions: Other
    • Lease term: Month To Month
    • Total actual rent: 25200
    • Tenant pays: Cooling, Electricity, Heating, Water

    Price history

    DateEventPrice
    5/9/2025Sold$175,000+3%
    Source: IRMLS #202511825 Report a problem
    4/13/2025Pending sale$169,900
    Source: IRMLS #202511825 Report a problem
    4/8/2025Price change$169,900+78.8%
    Source: IRMLS #202511825 Report a problem
    4/22/2021Pending sale$95,000
    Source: IRMLS #202106237 Report a problem
    4/20/2021Listed for sale$95,000
    Source: IRMLS #202106237 Report a problem
    3/5/2021Pending sale$95,000
    Source: IRMLS #202106237 Report a problem
    3/1/2021Listed for sale$95,000+630.8%
    Source: IRMLS #202106237 Report a problem
    12/17/2015Sold$13,000-27.8%$6/sqft
    Source: MIBOR as distributed by MLS GRID #21361765 Report a problem
    11/10/2015Listed for sale$18,000-44.6%$8/sqft
    Source: Owner Report a problem
    5/3/2015Listing removed$32,500$14/sqft
    Source: Owner Report a problem
    3/3/2015Listed for sale$32,500+225%$14/sqft
    Source: Owner Report a problem
    10/1/2012Listing removed$10,000$4/sqft
    Source: foreclosure.com Report a problem
    8/10/2012Listed for sale$10,000$4/sqft
    Source: foreclosure.com Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$1,097 +31.3%$100,400 +25.8%
    2023$835 +196.8%$79,800 +20.2%
    2022$281 -74.2%$66,400 +41.3%
    2021$1,090 -13.1%$47,000 -13.8%
    2020$1,254 -40.5%$54,500 -13.1%
    2019$2,107 -22%$62,700 -1.7%
    2018$2,701 +42.9%$63,800 +0.9%
    2017$1,891 +65.4%$63,200 +0.2%
    2016$1,143 -0.5%$63,100 +10.5%
    2014$1,149 -2.6%$57,100 -2.7%
    2013$1,180 -1.6%$58,700 -1.5%
    2012$1,199 -7%$59,600 -6.9%
    2011$1,290 -4.9%$64,000 -4.9%
    2010$1,356 -3.8%$67,300 -3.9%
    2009$1,409 -26.5%$70,000 -3.6%
    2007$1,918 +6.4%$72,600
    2006$1,802 $72,600 -5.2%
    2005-- $76,600
    Find assessor info on the county website

    Neighborhood: 46901

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Sycamore
    • Middle: Maple Crest
    • 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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