Listing courtesy of CRM Properties, Inc · Listing agent: Audra Cannon · Cell: 765-431-9111
1816 N Morrison Street
Kokomo, IN 46901
Original price $110,000 · Price reduced on September 30, 2026
- Basement
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,152 sq ft
- Lot
- 0.12 ac
- Year built
- 1949
- Type
- Duplex
- Listed
- April 24, 2026
- MLS #
- 202614732
About this home
Fully occupied and cash-flowing duplex. Both units feature 1 bedroom, 1 bathroom, large kitchens, and a private side porch in addition to the shared covered front porch. Unit 1816 has access to the partial basement with washer/dryer hookups. Both tenants are long-term and have recently renewed their leases. Owner pays all utilities and lawncare.
Monthly payment estimate
$696/mo
- Principal & interest
- $547
- Property taxes
- $120
- Homeowners insurance
- $29
- 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
- One
- Stories
- 1
- Total area
- 2,016 sq ft
- Finished area above grade
- 1,152 sq ft
- Unfinished area below grade
- 864 sq ft
- Below grade total
- 864 sq ft
- Bedrooms above grade
- 2
- Basement
- Crawl Space, Partial
- Flooring
- Carpet, Mixed, Vinyl
- Heating
- Natural Gas, Forced Air
- Cooling
- Central Air
- Amenities
- Porch Covered, Water Heater Electric
Exterior & parking
- Construction
- Aluminum Siding
- Private pool
- No
- New construction
- No
Waterfront & lake
- Waterfront
- No
Lot
- Lot features
- Level
- Lot size (acres)
- 0.12 ac
- Lot dimensions
- 44x124
- County
- Howard County
- Township
- Center
- Platted
- Yes
- Planned unit development
- No
- Directions
- North on Morrison. 1 block South before Morgan St.
Schools
- Elementary school
- Lafayette Park
- Middle school
- Central
- High school
- Kokomo
- School district
- Kokomo-Center Township Cons. S.D.
Taxes & terms
- Annual taxes
- $1,440
- Tax year
- 2026
- Possession
- Tenants Rights
- Parcel number
- 34-03-25-136-002.000-002
Included in the sale
- Included in sale
- Building,Lease
Utilities
- Water
- City
- Sewer
- Public Sewer
Income & commercial
- Units
- 2
- Annual gross rent
- $16,560
- Net operating income
- $5,422
- Lease term
- 12 Months
- Parking spaces
- 2
- Pets allowed
- Yes
- Electric meters
- 1
- Gas meters
- 1
- Water meters
- 1
- Insurance (annual)
- $837
- Water & sewer (annual)
- $5,688
- Maintenance (annual)
- $3,173
Location
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