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Investment - Homes for Sale in Kokomo, IN

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  • /5

    $419,900

    $15K PRICE DROP
    • 11 Beds
    • 5.5 Baths
    • 4,658 Sq Ft

    1411 W Havens St, Kokomo, IN 46901

    Income-producing rental portfolio available in Kokomo! This package includes five single-family investment properties being sold together as one bundle. The 5-door portfolio consists of four 2-bedroom homes and one 3-bedroom home, all currently rented and generating immediate income. Ideal opportunity for investors looking to expand their rental portfolio with multiple properties in one

    Agent Photo

    Andy Hardie

    The Hardie Group

    (765) 571-4396

    1411 W Havens St, Kokomo, IN 46901
  • /19

    $374,900

    $100K PRICE INCREASE
    • 4 Beds
    • 4 Baths
    • 2,310 Sq Ft

    128 W Walnut St, Kokomo, IN 46901

    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,

    Agent Photo

    Andy Hardie

    The Hardie Group

    (765) 770-0809

    128 W Walnut St, Kokomo, IN 46901
  • /16

    $129,000

    • 3 Beds
    • 1 Bath
    • 960 Sq Ft

    1008 E Spraker St, Kokomo, IN 46901

    Could be a residence or could be a great rental property. Step inside this thoughtfully updated 3-bedroom, 1-bath home where modern design meets functional living. The home features stylish updates that bring a fresh, modern feel while maintaining warmth and livability. The smart use of space creates an open, inviting flow, perfect for everyday living or entertaining. Whether you’re a first-time

    Agent Photo

    Kristine Miller

    Apple Tree Realty, LLC

    (765) 302-2360

    1008 E Spraker St, Kokomo, IN 46901
  • /31

    $939,900

    • Land
    • 48.13 Acres
    • $19,528 per Acre

    E County Road 550 N Unit LotWP001, Kokomo, IN 46901

    Located in northern Howard County, this 48.13 acre tract presents a strong opportunity to acquire high-quality, income-producing farmland with long-term agricultural value. The property is comprised of predominantly flat, highly workable tillable ground that supports efficient farming practices and facilitates the easy operation of equipment. Currently operated in a corn, soybean, and wheat

    Andrew Malott Whitetail Properties Real Estate

    E County Road 550 N Unit LotWP001, Kokomo, IN 46901
  • /19

    $115,000

    • 4 Beds
    • 2 Baths
    • 2,198 Sq Ft

    1137 N Courtland Ave, Kokomo, IN 46901

    Step right up to 1137 N Courtland Ave in Kokomo, IN! This charming 2,198 sq ft single-family home, built in 1909, is looking for its next owner and full of character. The hardwood floors in the living room set the stage for cozy nights or lively gatherings, while four bedrooms and two full baths offer plenty of space for comfortable living. This property is also a great investment opportunity-add

    Real Estate with Mr. Spencer F.C. Tucker Company

    1137 N Courtland Ave, Kokomo, IN 46901
  • /11

    $105,000

    • 2 Beds
    • 1 Bath
    • 720 Sq Ft

    1034 E Richmond St, Kokomo, IN 46901

    Welcome to 1034 E Richmond, where every inch has been refreshed to give you the feeling of a brand-new home without the new-construction price. The complete remodel includes a brand-new roof, HVAC system, water heater, and completely updated finishes throughout. Fresh paint and modern touches create a bright, welcoming atmosphere from the moment you step inside. Whether you’re a first-time buyer,

    Courtney Jo Anderson Heartland Real Estate Brokers

    1034 E Richmond St, Kokomo, IN 46901
  • /2

    $129,900

    1240 E Jefferson St, Kokomo, IN 46901

    Nine city lots, including the vacated alleys that total approximately 1.6 acres. Zoned M2 multi-family residential. Ready for your investment opportunity.

    Paul Wyman The Wyman Group

    1240 E Jefferson St, Kokomo, IN 46901
  • /9

    $110,000

    • 3 Beds
    • 1 Bath
    • 1,264 Sq Ft

    1025 N Korby St, Kokomo, IN 46901

    Welcome to 1025 N Korby! This 3 bed 1 bath home features a nice sized living room as well as a separate family room with vaulted ceilings and a fireplace, a detached one car garage, and large bedrooms. Whether you're looking for a new home or your next investment, this home is ready for a new owner!

    Josh Murdock Murdock Real Estate Group

    1025 N Korby St, Kokomo, IN 46901
  • /6

    $78,000

    $10K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,504 Sq Ft

    625 S Courtland Ave, Kokomo, IN 46901

    Great investment opportunity in Kokomo! This 3-bedroom, 2-bath home offers solid potential for the right buyer looking to add value. With a functional layout and good bones, this property is ready for your vision and updates to bring it back to life. The home will require some TLC, making it ideal for investors, flippers, or buyers looking to build sweat equity. Spacious rooms and a practical

    Todd Bailey Ever Real Estate, LLC

    625 S Courtland Ave, Kokomo, IN 46901
  • /14

    $144,000

    $6K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,360 Sq Ft

    2626 W Sycamore St, Kokomo, IN 46901

    This charming ranch-style home offers a great opportunity for those looking to add their personal touch. Featuring three bedrooms and two full bathrooms, the layout also includes a potential fourth bedroom, providing flexibility for a growing family, home office, or guest space. The home includes a bright sunroom, perfect for relaxing or entertaining year-round. While the property does need some

    Justin Dj Pugh The Wyman Group

    2626 W Sycamore St, Kokomo, IN 46901
  • /15

    $34,900

    $10K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 1,520 Sq Ft

    1206 N Union St, Kokomo, IN 46901

    Welcome to 1206 N Union St, a prime opportunity for a value-add investment! 2 stories with 4 bedrooms & 2 baths, comfortable living areas, & a large backyard to create your own entertainment oasis! Renovate this home to its modern potential, live in, rent out or flip for high profit potential!!!

    Stuart Houghton Keller Williams Indy Metro S

    1206 N Union St, Kokomo, IN 46901
  • /19

    $525,000

    • 8 Beds
    • 8 Baths
    • 2,968 Sq Ft

    300 E Taylor St, Kokomo, IN 46901

    Great investment property. Newly renovated duplex. This property has 8 bedrooms and 8 bathrooms in total. Each floor consists of 4 bedrooms with each bedroom having their own bathroom. All of the mechanicals, plumbing, electrical are all brand new as well as the flooring, bathrooms, appliances are all brand new. Both floors have been freshly painted and come with a washer and dryer. The second

    DJ Butcher Fortune Companies, Inc

    300 E Taylor St, Kokomo, IN 46901
  • /2

    $49,900

    • 2 Beds
    • 1 Bath
    • 980 Sq Ft

    2009 N Lafountain St, Kokomo, IN 46901

    Opportunity to restore and customize this home to your own style. The property is ready for updates and offers a chance to bring new life to an established residence. With a full renovation, this home could make a great investment or personal project. Located in an established Kokomo neighborhood with convenient access to schools, shopping, and main roads. Property is being sold as-is.

    Jessica Todd EAE Indiana Realty

    2009 N Lafountain St, Kokomo, IN 46901
  • /22

    $250,000

    $20K PRICE DROP
    • 6 Beds
    • 4 Baths
    • 2,880 Sq Ft

    701 & 703 E Walnut St, Kokomo, IN 46901

    Incredible investment opportunity to own a cash flowing 4 unit building, conveniently located in the heart of downtown Kokomo. Units A, B & D have been thoughtfully updated and have great renters in place. Unit C will have new flooring, fresh paint, and new stove prior to closing. Owner pays Gas/Water/Sewer/Lawncare. Residents pay their own electric but there is a 5th electric meter to the

    Josh Murdock Murdock Real Estate Group

    701 & 703 E Walnut St, Kokomo, IN 46901
  • /30

    $939,900

    • Land
    • 48.13 Acres
    • $19,528 per Acre

    East 550 N County Rd, Kokomo, IN 46901

    Located in northern Howard County, this 48.13-acre tract offers a well-maintained, flat, and highly productive tillable farm with long-term agricultural value. The property is currently operated in a corn, soybean, and wheat crop rotation, reflecting strong management and consistent yields. Soil composition includes a desirable mix of silty clay loam, silt loam, and muck soils, supporting both

    Andrew Malott Whitetail Properties Real Estate

    East 550 N County Rd, Kokomo, IN 46901
  • /4

    $284,648

    • Land
    • 9.52 Acres
    • $29,900 per Acre

    0 W Judson Rd Unit 202602743, Kokomo, IN 46901

    Great opportunity to purchase 9.52 acres of agricultural land with flexibility for rezoning depending on buyer’s intended use. This property is surrounded by residential homes and located directly across from a park, making it an ideal location for a future housing development or long-term investment.

    Paul Wyman The Wyman Group

    0 W Judson Rd Unit 202602743, Kokomo, IN 46901
  • /14

    $63,500

    $5K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 768 Sq Ft

    2228 N Plate St, Kokomo, IN 46901

    Opportunity is knocking here! This 2 bedroom, 1 bath is in need of a rehab for either yourself, OR as an investment property. A Spacious kitchen for all sorts of entertaining. A Large living area space to enjoy everything you make in your remodeled kitchen. Yes, it needs help. But that's okay. Come in, put in the work, make it yours and either live in a place super cheap, or Rehab it and resell,

    Matt Hester Elite Property Mgmt and Realty

    2228 N Plate St, Kokomo, IN 46901
  • /19

    $299,900

    • 9 Beds
    • 5 Baths
    • 4,200 Sq Ft

    408 W Mulberry St, Kokomo, IN 46901

    Excellent investment opportunity in the heart of Kokomo! This multi-unit property features a total of five rental units, including four 2-bedroom, 1-bath apartments and one 1-bedroom, 1-bath efficiency unit. With strong income-producing potential and multiple units already in place, this property is ideal for investors looking to expand their portfolio or generate steady cash flow. Conveniently

    Graham Roe Mygrant Realty & Appraisals

    408 W Mulberry St, Kokomo, IN 46901
  • /13

    $150,000

    • 4 Beds
    • 4 Baths

    422 W Sycamore St Unit 424, Kokomo, IN 46901

    Excellent investment opportunity near downtown Kokomo! This duplex offers two spacious two-story units, each featuring 2 bedrooms and 2 full bathrooms. All utilities are separately metered and paid directly by the residents, helping keep owner expenses low. Currently being managed by CRM properties.

    Katie Franklin CRM Properties, Inc.

    422 W Sycamore St Unit 424, Kokomo, IN 46901
  • /2

    $29,900

    $10K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 1,436 Sq Ft

    911 W Monroe St, Kokomo, IN 46901

    Brand new roof. This blank canvas is a great investment opportunity for an investor.

    Josh Murdock Murdock Real Estate Group

    911 W Monroe St, Kokomo, IN 46901
  • /2

    $349,900

    $14K PRICE DROP
    • Land
    • 9.11 Acres
    • $38,408 per Acre

    0 E North St Unit MBR22049710, Kokomo, IN 46901

    Exceptional investment opportunity! This property offers over 9 acres of prime land, located just minutes from the Battery Plant. Currently zoned Industrial (MI/OIA-OL), the possibilities are endless-whether you're looking to maintain its current use or explore potential development opportunities (subject to zoning approval). With its proximity to a major industrial hub, this property is

    Paul Wyman The Wyman Group

    0 E North St Unit MBR22049710, Kokomo, IN 46901
  • /22

    $29,900

    $5K PRICE DROP
    • 1 Bed
    • 1 Bath
    • 624 Sq Ft

    524 S Courtland Ave, Kokomo, IN 46901

    This single family residence, originally constructed in 1900, offers a truly great investment opportunity. This one bedroom one bath, corner lot home is sold as-is and will need work to bring out it's full potential. The spacious yard, detached garage, and covered patio are added appeal. This property represents a remarkable proposition for those ready to cultivate a valuable asset within a

    Sam Barron Barron Property Services

    524 S Courtland Ave, Kokomo, IN 46901

Home Trends in Kokomo, IN

Housing Trends

Median Sale Price
$175,000
Median Single Family Sale Price
$170,000
Median Townhouse Sale Price
$250,000
Median 2 Bedroom Sale Price
$224,900
Median 1 Bedroom Sale Price
$115,000
Average Price Per Sq Ft
$116
Number of Homes for Sale
34
Last 12 months Home Sales
352
Months of Supply
1.20
Median List Price
$179,900
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
9%
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