Great investment opportunity! This 4-unit property offers four 1-bed/1-bath apartments. Two units are occupied and the other two just secured leases and will be occupied soon. Gas and electric are paid by residents, water and sanitation are paid by the owner. Only units 1 and 4 are available for showings.
Closed
$200,000
510 E Morgan St, Kokomo, IN 46901
4beds
2,200sqft
Quadruplex
Built in 1920
-- sqft lot
$-- Zestimate®
$--/sqft
$1,512 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,512/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Katie Franklin Cell:765-438-7432,
CRM Properties, Inc
Bought with:
Katie Franklin, RB24001761
CRM Properties, Inc
Source: IRMLS,MLS#: 202547897
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Natural Gas, Forced Air
Cooling
- Window Unit(s)
Features
- Flooring: Mixed
- Basement: Full,Unfinished
Interior area
- Total structure area: 2,750
- Total interior livable area: 2,200 sqft
- Finished area above ground: 2,200
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
Features
- Levels: Two
- Stories: 2
Lot
- Size: 6,534 Square Feet
- Dimensions: 50X132
- Features: Corner Lot
Details
- Additional structures: None
- Parcel number: 340419355034.000002
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: City
- Water: City
Community & HOA
Community
- Subdivision: None
Location
- Region: Kokomo
Financial & listing details
- Tax assessed value: $117,900
- Annual tax amount: $2,358
- Date on market: 12/3/2025
- Inclusions: Other
- Lease term: 12 Months
- Total actual rent: 30900
- Tenant pays: Electricity, Fuel, Sewer, Water
Price history
| Date | Event | Price |
|---|---|---|
| 1/23/2026 | Sold | $200,000 |
Source:  IRMLS #202547897 Report a problem | ||
| 12/8/2025 | Pending sale | $200,000 |
Source: IRMLS #202547897 Report a problem | ||
| 12/3/2025 | Listed for sale | $200,000+3.4% |
Source: IRMLS #202547897 Report a problem | ||
| 12/20/2023 | Sold | $193,500-7.9% |
Source: IRMLS #202336425 Report a problem | ||
| 12/7/2023 | Pending sale | $209,999 |
Source: IRMLS #202336425 Report a problem | ||
| 10/4/2023 | Listed for sale | $209,999 |
Source: IRMLS #202336425 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,358 +31.3% | $127,800 +8.4% |
| 2024 | $1,796 +6.8% | $117,900 +31.3% |
| 2023 | $1,682 +31.2% | $89,800 +6.8% |
| 2022 | $1,282 +16.5% | $84,100 +31.2% |
| 2021 | $1,100 +2.2% | $64,100 +16.5% |
| 2020 | $1,076 | $55,000 +2.2% |
| 2019 | -- | $53,800 +7% |
| 2018 | $998 | $50,300 +0.8% |
| 2017 | $998 -9.1% | $49,900 |
| 2016 | $1,098 -9.4% | $49,900 -17.7% |
| 2014 | $1,212 +1.7% | $60,600 +1.7% |
| 2013 | $1,192 -1.3% | $59,600 -1.3% |
| 2012 | $1,208 -8.9% | $60,400 -8.9% |
| 2011 | $1,326 -4.9% | $66,300 -4.9% |
| 2010 | $1,394 -4% | $69,700 -4% |
| 2009 | $1,452 -24.8% | $72,600 +3.6% |
| 2007 | $1,931 +6.4% | $70,100 |
| 2006 | $1,815 | $70,100 +13.8% |
| 2005 | -- | $61,600 |
Find assessor info on the county website
Neighborhood: 46901
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Nearby schools
GreatSchools rating
- NABon Air Elementary SchoolGrades: PK-3Distance: 0.5 mi
- 4/10Bon Air Middle SchoolGrades: 6-8Distance: 0.5 mi
- NAKokomo Area Career CenterGrades: 6-12Distance: 3.7 mi
Schools provided by the listing agent
- Elementary: Bon Air
- Middle: Bon Air
- 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
- 510 E Morgan St
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