Off-Market Property Archive

This property is no longer actively listed. Off market since March 28, 2026. Interior photos, property details, and location data are preserved for neighborhood research and comparable analysis.

Last listed at 85,000.00

715 S Washington St, Kokomo, IN 46901, USA

$85,000

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Photos of the property

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715 S Washington St Kokomo, IN
$80k OBO
So many opportunities with this 1806’ home! This could be a fix and flip or a buy and hold, a SFH or a Duplex. Kokomo is booming and there is a huge demand for rentals.  Property is currently set up as a duplex, with a lower and an upstairs unit.  Both are currently 2/1’s, however if you want to rent by the room and only provide a kitchen and bathroom, the upstairs unit could easily be a 3/1.  Average rental rate in this area for a 2/1 is $996, providing a monthly income of $1992! Due to high demand for rentals, many landlords rent by the room which  provides a significantly higher income. Gas and electric meters are separated, and the water is shared.   The majority of work needed is cosmetic.  The property could also be converted back into a SFH with 6 bedrooms and 2 baths for an opportunity to rent the house, rent by room, or fix and flip.  ARV for this property is $193k.

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