408 N Ohio Avenue Kokomo, IN 46901

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Duplex • 47Y Old

$169,900

408 N Ohio Avenue

5 Bedrooms
3 Bathrooms
2272 sqft
0.30 Acres
Property Description

Solid investment opportunity at 408 N Ohio Ave—a fully occupied duplex bringing in immediate income. The main level unit is a spacious 3 bed / 2 bath with access to a 2-car garage (a major tenant perk), while the upper unit is a 2 bed / 1 bath—both featuring a mix of low-maintenance laminate and carpet flooring. Units are roomy, well-laid out, and attract solid tenant retention. Plenty of off-street parking adds value for renters. Both units are currently leased—tenants’ rights remain in place—making this a true plug-and-play property for any portfolio. Whether you're looking to house hack in the future or just add a clean income-producing asset to your books, this one checks the boxes: multi-unit, garages, parking, strong rental history, and located in a growing market with consistent demand. No rehab needed. Cash flows day one. Photos are originals, but also include AI edits on some of the bedrooms to show what it would look like without the tenants belongings.

Directions

From N Reed Rd, turn left onto E Jefferson St, then take another left onto N Ohio St(Its st on maps) - the property will be located to the left.

Map to 408 N Ohio Avenue, Kokomo, IN 46901

Property
MLS # 202511825
Date Listed 2025-04-08
Status Active
Property Type Investment
Property SubType Duplex
Square Feet 2272 sqft
New Construction No
Style Two Story
Type Duplex
Bedrooms 5
Bathrooms 3
Annual Taxes $900.00
Year Taxes Payable 24 Pay 24
Year Built 1978
Virtual Tour propertypanorama.com »
Days on Market 4
Room Dimensions
Living Room 1 × 1 Level
5th Bedroom 2 × 2 Level
Recreation Room 2 × 1 Level
Bathroom Locations
Full Baths 5 Main
External Features
Construction Duplex
Lot Size 13,068 sq ft
Acreage 0.30 Acres
Lot Dimensions 46x136
Fence None
Location
Area Howard County
County Howard
Subdivision Other
Township Center
City Kokomo
State IN
Zip 46901
Schools
School District Kokomo-Center Township Cons. S.D.
Elementary Sycamore
Middle School Maple Crest
High School Kokomo
Financial
Assoc. Dues $0.00 Not Applicable

MLS# 202511825
Listing Provided Courtesy of Kristine Miller
Apple Tree Realty, LLC
Cell: 765-432-4366

Listing updated April 9, 2025 at 9:30 am
Last checked 15 minutes ago

IDX information provided by the Indiana Regional MLS. IDX 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. Data is deemed reliable but is not guaranteed accurate by the MLS.

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