$149,900
PENDING

511 S Main St Kokomo, IN 46901

Estimated payment $1,020/month

Total Views 137
6 Beds
4 Baths
3,696 Sq Ft
$41 Price per Sq Ft

About This Home

Great Fourplex opportunity! Close to downtown, upper units are one bed, one bath, with private balconies, lower units are 2 bed, one bath, with porch and front and back entrance. Private and street parking available. Currently two units are rented out month to month. One lower unit does need some work. With some TLC this could be a great addition to your portfolio. 24 HOUR NOTICE FOR ALL SHOWINGS.

Listing Agent

Misty Davidson

The Wyman Group Brokerage Phone: 765-480-7308 Listed on: 09/16/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,742

Year Built

  • Built in 1903

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 52x127

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex

Interior Spaces

  • 3,696 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Schools

  • Elwood Haynes Elementary School
  • Central Middle School
  • Kokomo High School

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • The owner pays for lawn maintenance, tax
  • Assessor Parcel Number 34-03-36-426-020.000-002

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,742

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1903
  • Age: 122
  • Style: Two Story
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: H H Stewart Etal Lot 7
  • Parcel Number ID: 34-03-36-426-020.000-002
  • Platted: Yes
  • Year Taxes Payable: 2025
  • Special Features: None

Interior Features

  • Total Sq Ft: 3696
  • Total Finished Sq Ft: 3696
  • Above Grade Finished Sq Ft: 3696
  • Price Per Sq Ft: 40.56
  • Basement Foundation: Crawl
  • Flooring: Carpet, Laminate
  • Number Of Ranges Ovens: 4

Exterior Features

  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Number Electric Meters: 4
  • Number Gas Meters: 4
  • Number Water Meters: 4

Schools

  • School District: Kokomo-Center Township Cons. S.D.
  • Elementary School: Elwood Haynes
  • Middle School: Central
  • High School: Kokomo
  • Elementary School: Elwood Haynes

Lot Info

  • Lot Dimensions: 52x127
  • Estimated Lot Sq Ft: 6534
  • Estimated Lot Size Acres: 0.15

Rental Info

  • Lease Term: 2 Years
  • Owner Pays: Lawn Maintenance, Tax
  • Tenant Pays: Electric, Heating, Sewer, Trash Collection, Water

Tax Info

  • Annual Property Tax: 2742

Multi Family

  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

MLS Schools

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

Map

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
09/19/2025 09/19/25 Pending -- -- --
09/16/2025 09/16/25 For Sale $149,900 -- $41 / Sq Ft
Source: Indiana Regional MLS

Source: Indiana Regional MLS

MLS Number: 202537356

Indiana Regional MLS