408 W Mulberry Street, Kokomo, IN 46901
Local realty services provided by:Better Homes and Gardens Real Estate Connections
Listed by: graham roe, micheal plummerCell: 765-210-5454
Office: mygrant realty & appraisals
MLS#:202616939
Source:Indiana Regional MLS
Price summary
- Price:$299,900
- Price per sq. ft.:$54.53
About this home
Excellent investment opportunity in the heart of Kokomo! This multi-unit property features a total of five rental units, including four 2-bedroom, 1-bath apartments and one 1-bedroom, 1-bath efficiency unit. With strong income-producing potential and multiple units already in place, this property is ideal for investors looking to expand their portfolio or generate steady cash flow. Conveniently located near downtown amenities, shopping, dining, and major employers. Plenty of upside potential with room to increase rents and maximize returns. Don’t miss your chance to own a versatile multi-family property in a growing rental market!
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Home facts
- Year built:1919
- Listing ID #:202616939
- Added:8 day(s) ago
- Updated:May 15, 2026 at 02:51 PM
Rooms and interior
- Bedrooms:9
- Total bathrooms:5
- Full bathrooms:5
- Flooring:Wood
- Basement Description:Unfinished
- Living area:4,200 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Electricity, Forced Air, Gas
- Central air:Yes
Structure and exterior
- Year built:1919
- Building area:4,200 sq. ft.
- Lot area:0.2 Acres
- Lot Features:Level
- Architectural Style:Multi-Story (3+)
- Construction Materials:Brick
- Levels:3 or More Stories
Schools
- High school:Kokomo
- Middle school:Central
- Elementary school:Petit Park
Utilities
- Water:City, Public
- Sewer:City
Finances and disclosures
- Price:$299,900
- Price per sq. ft.:$54.53
- Tax amount:$3,840
Features and amenities
- Amenities:Cable Ready, Ceiling Fan
Parking
- Garage spaces:1
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