Turnkey duplex investment opportunity at 746 & 748 S. Union St., Kokomo, IN - both units currently occupied and generating income from day one. Each side mirrors the other with a smart, symmetrical layout and fully separated utilities, making management straightforward for investors and owner-occupants alike. Major capital expenditures have already been handled: fresh wall-to-wall paint throughout both units (2025), new gutters, soffits, and fascia (2025), and AC units less than five years old with regularly serviced HVAC systems. The 2018 roof comes with a transferable GAF System Plus warranty - a significant value-add that protects the next owner from day one. This property checks the boxes. Don't miss this low-maintenance, income-producing duplex in Kokomo.
10 days
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Zillow last checked:
Listing updated:
Listed by:
Francis Lyon765-416-1731,
Lyon Share Realty
Source: MIBOR as distributed by MLS GRID,MLS#: 22093689
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 1
Heating
Forced Air, Natural Gas
Cooling
Central Air
Features
Has basement: Yes
Property
Features
Levels: Two
Stories: 2
Lot
Size: 3,484 Square Feet
Details
Parcel number: 340336478010000002
Special conditions: As Is
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family, Duplex
Condition
New construction: No
Year built: 1915
Community & HOA
Community
Subdivision: Oakland
Location
Region: Kokomo
Financial & listing details
Annual tax amount: $2,204
Date on market: 7/2/2026
Cumulative days on market: 13 days
Tenant pays: All Utilities, Cable TV, Electricity, Gas, Sewer, Trash Collection, Water
Estimated market value
Zestimate®
$219,800
Estimated sales range
$209,000 - $231,000
Rent Zestimate®
$1,000/mo
Price history
Date
Event
Price
7/2/2026
Listed for sale
$224,900
Source: MIBOR as distributed by MLS GRID #22093689Report a problem
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All 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.
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