128 W Walnut Street, Kokomo, IN 46901

Local realty services provided by:Better Homes and Gardens Real Estate Connections
128 W Walnut Street,Kokomo, IN 46901
$374,900
  • 4 Beds
  • 4 Baths
  • 2,310 sq. ft.
  • Single family
  • Active
Listed by: andy hardieMain: 765-457-7214
Office: the hardie group
MLS#:202613865
Source:Indiana Regional MLS

Price summary

  • Price:$374,900
  • Price per sq. ft.:$162.29

About this home

Positioned in the heart of downtown Kokomo, this fully renovated, turnkey commercial property presents a rare opportunity for both investors and owner-users. Currently configured with 4 private suites, each offering strong short-term rental potential, the layout is ideal for Airbnb or executive housing use. Spanning just over 2,300 square feet, the property includes a fully equipped kitchen, dedicated laundry area, and comes fully furnished...allowing for immediate income generation with minimal upfront effort. Zoned Downtown Commercial, it offers flexibility for a variety of uses while benefiting from walkable access to Kokomo’s restaurants, shops, and entertainment. Whether you're looking to expand your investment portfolio or capitalize on the growing demand for downtown short-term rentals, this is a high-performing asset in a prime location.

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Home facts

  • Year built:1885
  • Listing ID #:202613865
  • Added:4 day(s) ago
  • Updated:April 24, 2026 at 02:54 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:4
  • Full bathrooms:4
  • Rooms Total:7
  • Dining Description:Upper Level
  • Kitchen Description:Dishwasher, Microwave, On Upper Level, Range-Electric, Refrigerator
  • Living area:2,310 sq. ft.

Heating and cooling

  • Cooling:Central Air, Multiple Cooling Units
  • Heating:Gas

Structure and exterior

  • Year built:1885
  • Building area:2,310 sq. ft.
  • Lot area:0.03 Acres
  • Lot Features:Level
  • Architectural Style:Two Story
  • Construction Materials:Brick
  • Levels:2 Stories

Schools

  • High school:Kokomo
  • Middle school:Central
  • Elementary school:Lafayette Park

Utilities

  • Water:City
  • Sewer:City

Finances and disclosures

  • Price:$374,900
  • Price per sq. ft.:$162.29
  • Tax amount:$2,004

Features and amenities

  • Laundry features:On Upper Level

Parking

  • Parking description:Off Street Parking
IRMLS information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IRMLS Data is deemed reliable but is not guaranteed accurate by the MLS. IRMLS information provided by the Indiana Regional MLS. Copyright 2026 Indiana Regional MLS LLC.