Kokomo, IN 46901 408 N Ohio Avenue

Pending
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Presented By: Kristine Miller with Apple Tree Realty, LLC; Cell: 765-432-4366
  • MLS# 202511825
  • 04/08/2025
  • Get pre-approved
  • Request Tour
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  • Beds • 5
  • Baths • 3
  • SQFT • 2,272

Home Details

Solid investment opportunity at 408 N Ohio Ave—a fully occupied duplex bringing in immediate income. The main level unit is a spacious 3 bed / 2 bath with access to a 2-car garage (a major tenant perk), while the upper unit is a 2 bed / 1 bath—both featuring a mix of low-maintenance laminate and carpet flooring. Units are roomy, well-laid out, and attract solid tenant retention. Plenty of off-street parking adds value for renters. Both units are currently leased—tenants’ rights remain in place—making this a true plug-and-play property for any portfolio. Whether you're looking to house hack in the future or just add a clean income-producing asset to your books, this one checks the boxes: multi-unit, garages, parking, strong rental history, and located in a growing market with consistent demand. No rehab needed. Cash flows day one. Photos are originals, but also include AI edits on some of the bedrooms to show what it would look like without the tenants belongings.
Presented By: Kristine Miller with Apple Tree Realty, LLC; Cell: 765-432-4366

Interior Features for 408 N Ohio Avenue

Bedrooms

Num. of 1 Bedrooms0
Num. of 2 Bedrooms1
Num. of 3 Bedrooms1
Num. of 4 Bedrooms
Above Grade Bedrooms5
Beds5
Below Grade Bedrooms

Bathrooms

Below Grade Baths

Other Interior Features

Total Finished SqFt2272
Basement Y/NNo
Above Grade Finished SqFt2272
Above Grade Unfin. SqFt0
Below Grade Finished SqFt0
Below Grade Unfin. SqFt0
Main Level SqFt1504
Num. of Efficiencies0
BasementSlab
Dishwasher(s)1
Disposal(s)
Dryer(s)
FlooringCarpet, Vinyl
Microwaves2
Ranges/Ovens2
Refrigerators2
Total Number of Units2
W/D Hookups2
Washers

Other Rooms

Total Rooms Below Grade

General for 408 N Ohio Avenue

Age47
Agent First NameKristine
Agent Last NameMiller
Annual Electric Expense
Annual Fuel Expense
Annual Insurance Expense900
Annual Trash Expense
AreaHoward County
Assoc. Dues FrequencyNot Applicable
Associated Document Count2
Auction Y/NNo
Bathrooms3
CityKokomo
ClassINVESTMENT
CoolingCentral Air
DOM4
Elementary SchoolSycamore
FIPS Code18067
FeaturesOther-See Remarks
Full Baths3
Half Baths
HeatingGas, Baseboard, Forced Air
High SchoolKokomo
Legal DescriptionPT LOT 3 NE4 31-24-4 0.30 AC
Middle SchoolMaple Crest
Net Income21292
New ConstructionNo
OwnerPaysNone
Pet Restrictions Y/NNo
REONo
Rent Income25200
School DistrictKokomo-Center Township Cons. S.D
SewerCity
StatusPending
StatusPending
Status Detail0
Stories2
StyleTwo Story
SubdivisionOther
Tax Year24 Pay 24
Tenant PaysCooling, Electric, Heating, Water
Total Sq Ft2272
TownshipCenter
TypeDuplex
Virtual TourClick here
Year Built1978

Exterior for 408 N Ohio Avenue

Approx. Lot Size Acres0.3
ExteriorVinyl
Lot DescriptionLevel
Lot Dimensions46x136
Lot Size Area13068
Number of Parking Spaces6
OutbuildingNone
PoolNo
Waterfront Y/NNo

Additional Details

Price History

Schools

Elementary School Sycamore Elementary School
Middle School Maple Crest Middle School
High School Kokomo High School

Ryan Orr

Associate
Price $169,900
MLS#202511825
List Date 04/08/2025
Property Type Pending
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