Listing courtesy of The Hardie Group · Listing agent: Andy Hardie · Main: 765-457-7214
128 W Walnut Street
Kokomo, IN 46901
Original price $274,900
- Bedrooms
- 4
- Bathrooms
- 4
- Living area
- 2,310 sq ft
- Lot
- 0.03 ac
- Year built
- 1885
- Type
- Site-Built Home
- Listed
- April 19, 2026
- MLS #
- 202613865
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.
Monthly payment estimate
$2,328/mo
- Principal & interest
- $2,052
- Property taxes
- $167
- Homeowners insurance
- $109
- Rate: Freddie Mac's 30-year fixed average for the week of October 1, 2026.
- Taxes: the seller's 2026 bill as reported to the MLS. Yours may differ once your own deductions apply.
- Insurance: estimated at 0.35% of the price per year.
- An estimate, not a loan offer. Your rate and payment depend on your credit, loan program and down payment.
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Property details
Interior
- Levels
- Two
- Total rooms
- 7
- Total area
- 2,310 sq ft
- Finished area above grade
- 2,310 sq ft
- Bedrooms above grade
- 4
- Full baths, upper level
- 4
- Heating
- Natural Gas
- Cooling
- Central Air, Multiple Cooling Units
- Laundry
- Upper Level
Exterior & parking
- Construction
- Brick
- Private pool
- No
- New construction
- No
Waterfront & lake
- Waterfront
- No
Lot
- Lot features
- Level
- Lot size (acres)
- 0.03 ac
- Lot dimensions
- 33 x 132
- County
- Howard County
- Township
- Center
- Platted
- Yes
- Planned unit development
- No
- Directions
- Northwest Corner of the square downtown Kokomo
Schools
- Elementary school
- Lafayette Park
- Middle school
- Central
- High school
- Kokomo
- School district
- Kokomo-Center Township Cons. S.D.
Taxes & terms
- Annual taxes
- $2,004
- Tax year
- 2026
- Possession
- Day of Closing
- Parcel number
- 34-03-36-239-015.003-002
Included in the sale
- Included in sale
- Dishwasher,Microwave,Refrigerator,Washer,Window Treatments,Dryer-Electric,Range-Electric,Water Heater Electric,Window Treatment-Blinds
Utilities
- Water
- City
- Sewer
- Public Sewer
Income & commercial
- Gas meters
- 14
Rooms
| Room | Level | Dimensions |
|---|---|---|
| Living Room | Upper | 16 × 17 ft |
| Dining Room | Upper | 20 × 11 ft |
| Kitchen | Upper | 17 × 16 ft |
| Bedroom 1 | Upper | 16 × 11 ft |
| Bedroom 2 | Upper | 17 × 10 ft |
| Bedroom 3 | Upper | 14 × 14 ft |
| Bedroom 4 | Upper | 17 × 14 ft |
| Laundry | Upper | 6 × 4 ft |
Location
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