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  • Price cut: $635K (7/31)
    $745,000

    813 W Markland Ave, Kokomo, IN 46902

    5beds
    7,192sqft
    : 
    $4,844/mo
    Get pre-qualified
    Multi Family
    Built in 1915
    -- sqft lot
    $717,700 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Exceptional investment opportunity! This package includes 7 single-family homes being sold together, offering immediate portfolio expansion for investors. The portfolio consists of three 2-bedroom, 1-bath homes, one 3-bedroom, 2-bath home, and three 3-bedroom, 1-bath homes, providing a desirable mix of rental options. Current rents are significantly below market rates, presenting an outstanding value-add opportunity for investors to increase rental income over time. As rents are brought closer to market levels, the portfolio offers strong potential for increased cash flow and enhanced overall asset value. Whether you're looking to expand an existing portfolio or make a substantial investment in income-producing real estate, this rare package offers exceptional long-term potential.
    13 days
    |
    211
    |
    5
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    Zillow last checked:

    Listing updated:

    Listed by:

    Brett B Walker Cell:765-432-3865,

    The Wyman Group

    Source: IRMLS,MLS#: 202629081MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 8
      • Full bathrooms: 8
      Heating
      • Natural Gas, Forced Air, High Efficiency Furnace
      Cooling
      • Central Air, Ceiling Fan(s)
      Features
      • Ceiling Fan(s), Storage, Countertops-Solid Surf
      • Flooring: Mixed
      • Basement: Full,Unfinished,Block
      Interior area
      • Total structure area: 7,192
      • Total interior livable area: 7,192 sqft
      • Finished area above ground: 7,192
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Parking features: Detached, Attached, Garage, Off Street, Off Street Parking, Garage Utilities, Stone
      • Attached garage spaces: 9
      • Has uncovered spaces: Yes
      Features
      • Stories: 1
      Lot
      • Size: 6,098 Square Feet
      • Dimensions: 47x132
      • Features: Level, Other, City/Town/Suburb
      Details
      • Additional structures: None
      • Parcel number: 340901126003.000002

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Bungalow
      • Property subtype: Multi Family
      Materials
      • Aluminum Siding, Vinyl Siding, Other
      • Foundation: Basement
      • Roof: Asphalt,Shingle
      Condition
      • New construction: No
      • Year built: 1915

      Utilities & green energy

      • Electric: Duke Energy Indiana
      • Gas: NIPSCO
      • Sewer: City
      • Water: City
      • Utilities for property: Cable Available, Cable Connected

      Community & HOA

      Community
      • Subdivision: None
      Location
      • Region: Kokomo

      Financial & listing details

      • Tax assessed value: $115,600
      • Annual tax amount: $12,060
      • Date on market: 7/20/2026
      • Listing terms: Cash,Conventional
      • Inclusions: Building, Land
      • Lease term: 12 Months,24 Months
      • Total actual rent: 47400
      • Tenant pays: Cable TV, Cooling, Electricity, Heating, Grounds Care, Sewer, Snow Removal, Water

        Estimated market value

        $717,700

        $682,000 - $754,000

        $1,124/mo

        Price history

        DateEventPrice
        7/31/2026Price change$110,000-85.2%
        Source: IRMLS #202631102 Report a problem
        7/20/2026Listed for sale$745,000
        Source: IRMLS #202629081 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,952 +15.4%$115,600 +18.4%
        2024$1,692 +4.8%$97,600 +15.4%
        2023$1,614 +28.7%$84,600 +4.8%
        2022$1,254 -0.3%$80,700 +28.7%
        2021$1,258 +10.2%$62,700 -0.3%
        2020$1,142 +2.7%$62,900 +10.2%
        2019$1,112 +8.6%$57,100 +2.7%
        2018$1,024 +4.3%$55,600 +8.6%
        2017$982 -5.4%$51,200 +4.3%
        2016$1,038 -0.4%$49,100 -5.8%
        2014$1,042 +1.2%$52,100 +1.2%
        2013$1,030 -1.9%$51,500 -1.9%
        2012$1,050 +7.6%$52,500 +7.6%
        2011$976 -4.3%$48,800 -4.3%
        2010$1,020 -3.6%$51,000 -3.6%
        2009$1,058 -30.6%$52,900 -4.3%
        2007$1,524 +6.4%$55,300
        2006$1,432 $55,300 +6.6%
        2005-- $51,900
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 46902

        Getting around

        57 / 100
        Somewhat Walkable
        60 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Boulevard
        • 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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