3 Kokomo Properties RENTALS
Kokomo, IN

$505,000 USD

Multifamily For Sale • 1,582 SF

1 Properties View all

Property Details

Property Type Multifamily
Cap Rate 12.00 %

50 Walk Score

                
                    Highlights
                
                                Turnkey Kokomo portfolio of 3 remodeled SFRs with multi-unit, ADU, and rent-by-room conversion potential, scalable to 14+ beds for massive cash-flow 
                            
                                Projected $7,000–$9,500/mo with duplex/ADU conversions, RbR setups, or sober-living programs; ideal for DSCR, BRRRR, and high-yield value-add investor
                            
                                Prime 46901 location near IU Kokomo, Ivy Tech, hospitals, and major employers—strong demand drivers for student housing, workforce rentals, and STR!