$225,000
SOLD JUL 25, 2025

1836 S Armstrong St Kokomo, IN 46902

4 Beds
4 Baths
2,448 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$92 Per Sq Ft

13% Below List Price

83 Days on Market

Highlights

  • Screened Porch
  • Forced Air Heating System
  • Carpet
  • Balcony
  • Level Lot

About This Home

As of July 2025

This fully-occupied quadplex in Kokomo presents an exceptional investment opportunity with long-term tenants in place. Situated in a desirable location, just a short distance from IUK and everything downtown Kokomo has to offer! All units are 1 bedroom, 1 bathroom, roughly 600sqft and similar in layout with each having its own covered and screened in porch. Tenants have private parking at the back of the property and pay their own gas and electric. This rare MF investment is a must-see for any investor looking to expand their portfolio in the thriving Kokomo area.

Last Agent to Sell the Property

Audra Cannon

CRM Properties, Inc Brokerage Phone: 765-431-9111 Listed on: 04/09/2025

Last Buyer's Agent

Amanda Walters

Miles Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,376

Year Built

  • Built in 1919

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 40x150
  • Level Lot

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex

Interior Spaces

  • 2,448 Sq Ft Home
  • 2-Story Property
  • Screened Porch
  • Crawl Space

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Balcony

Schools

  • Boulevard Elementary School
  • Maple Crest Middle School
  • Kokomo High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for electric, fuel
  • The owner pays for sewer, water
  • Assessor Parcel Number 34-09-01-452-011.000-002

Community Details

Overview

  • 4 Units

Pet Policy

  • Pet Restriction

Building Details

  • Maintenance Expense $1,000
  • Water Sewer Expense $1,850

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,376

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1919
  • Age: 106
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: MILLER & HARBAUGH'S FRANKLIN ADDN LOT 180
  • Parcel Number ID: 34-09-01-452-011.000-002
  • Platted: Yes
  • Amenities: Balcony, Porch Covered, Porch Screened
  • Sp Lp Percent: 93.79
  • Monthly Gross Income: 2105
  • Year Taxes Payable: 2025
  • Special Features: None

Interior Features

  • Total Sq Ft: 2448
  • Total Finished Sq Ft: 2448
  • Above Grade Finished Sq Ft: 2448
  • Price Per Sq Ft: 91.91
  • Basement Foundation: Crawl
  • Flooring: Carpet, Vinyl
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Aluminum
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Cooling: Window
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Maintenance Expense: 1000
  • Annual Water Sewer Expense: 1850

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Kokomo-Center Township Cons. S.D.
  • Elementary School: Boulevard
  • Middle School: Maple Crest
  • High School: Kokomo
  • Elementary School: Boulevard

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 40x150
  • Estimated Lot Sq Ft: 5663
  • Estimated Lot Size Acres: 0.13

Rental Info

  • Lease Term: Month to Month, 1 Year
  • Owner Pays: Sewer, Water
  • Tenant Pays: Electric, Fuel

Multi Family

  • Gross Monthly Rent: 2105
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Num Of1 Bedrooms: 4
  • Num Of Units Rented: 4

Tax Info

  • Annual Property Tax: 2376

MLS Schools

  • High School: Kokomo
  • Middle School: Maple Crest
  • School District: Kokomo-Center Township Cons. S.D.

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2025 07/25/25 Sold $225,000 -6.2% $92 / Sq Ft
07/01/2025 07/01/25 Pending -- -- --
05/19/2025 05/19/25 Price Changed $239,900 -7.7% $98 / Sq Ft
04/09/2025 04/09/25 For Sale $259,900 +85.6% $106 / Sq Ft
08/11/2020 08/11/20 Sold $140,000 0.0% $57 / Sq Ft
06/25/2020 06/25/20 Pending -- -- --
06/25/2020 06/25/20 For Sale $140,000 -- $57 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202512068

Indiana Regional MLS