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Well-maintained Brick Duplexes with Strong Rental History

USD $749,900
1320 South Elizabeth Street, Kokomo, Indiana, 46902, USA
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Property Highlights

  • Four all-brick duplex buildings
  • Seven units currently rented
  • Tenants pay own utilities
  • Separate meters for each unit
  • 16 private parking spaces
  • Near shopping and major employers

Overview

Excellent investment opportunity—four all-brick duplexes offering a total of eight income-producing units. The portfolio includes seven 2-bedroom units and one 3-bedroom unit, with 7 out of 8 currently rented, providing strong and steady income. Tenants pay their own utilities, helping maintain low operating expenses and consistent cash flow. Each unit offers separate meters, multiple outdoor patios, sidewalks, and a total of 16 parking spaces in a private lot. The property is conveniently located near shopping, dining, and major employers, making it attractive for long-term tenant retention. Durable brick construction, solid rental history, and strong demand in the area make this a standout multifamily opportunity.
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Property Features

1320 South Elizabeth Street, Kokomo, Indiana, 46902, USA offers the following features:

Bedrooms: 17
Bathrooms: 8 Full
Living Area: 6858sf
Property Type: Residential Multi Family
Status: Active
Reference ID: 202547810

What's Nearby

Local businesses near 1320 South Elizabeth Street, Kokomo, Indiana, 46902, USA:

Grocery/Shopping Center: < 1 mile
Gym: < 1 mile
School: < 1 mile
Public Transportation: < 1 mile
Hospital: < 1 mile
Police Station: 1.4 miles

Map

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Listed by: Andy Hardie
The Hardie Group Real Estate Company