Listing courtesy of The Hardie Group · Listing agent: Andy Hardie · Main: 765-457-7214

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128 W Walnut Street

$374,900

$162.29 / sq ft

Kokomo, IN 46901

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Bathrooms
4
Lot
0.03 ac
Year built
1885
Type
Other
Listed
April 19, 2026
MLS #
202613864

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.

Property details

Interior

Stories
1
Finished area above grade
2,310 sq ft
Flooring
Wood, Tile
Heating
Natural Gas
Cooling
Central Air, Multiple Cooling Units

Exterior & parking

Construction
Brick
Roof
Rubber
Parking
Off Street
New construction
No

Waterfront & lake

Waterfront
No

Lot

Lot size (acres)
0.03 ac
Lot dimensions
33x132
County
Howard County
Township
Center
Road frontage
City Street
Platted
Yes
Planned unit development
No
Directions
Northwest corner downtown on the square

Taxes & terms

Annual taxes
$2,004
Tax year
2026
Tax abatement
No
Possession
Day of Closing
Parcel number
34-03-36-239-015.003-002

Included in the sale

Included in sale
Furniture,Other,Inventory

Utilities

Water
Public
Sewer
Public Sewer

Income & commercial

Water meters
1
Ceiling height
9

Location

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