Active

128 W Walnut Street

Site-Built Home • 141Y Old
$374,900 Listed 5 months ago
4 Bedrooms
4 Bathrooms
2310 sqft
0.03 Acres
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Property Description

Positioned in the heart of downtown Kokomo, this fully renovated, turnkey commercial property presents a rare opportunity for both investors and owner-users. Currently configured with 4 private suites, each offering strong short-term rental potential, the layout is ideal for Airbnb or executive housing use. Spanning just over 2,300 square feet, the property includes a fully equipped kitchen, dedicated laundry area, and comes fully furnished...allowing for immediate income generation with minimal upfront effort. Zoned Downtown Commercial, it offers flexibility for a variety of uses while benefiting from walkable access to Kokomo’s restaurants, shops, and entertainment. Whether you're looking to expand your investment portfolio or capitalize on the growing demand for downtown short-term rentals, this is a high-performing asset in a prime location.

Directions

Northwest Corner of the square downtown Kokomo

Sale Includes

Dishwasher, Microwave, Refrigerator, Washer, Window Treatments, Dryer-Electric, Range-Electric, Water Heater Electric, Window Treatment-Blinds

Property
MLS # 202613865
Date Listed 2026-04-19
Status Active
Property Type Residential
Property SubType Site-Built Home
Square Feet 2,310 sqft
New Construction No
Style Two Story
Type Site-Built Home
Bedrooms 4
Bathrooms 4
Annual Taxes $2,004.00
Year Taxes Payable 2026
Year Built 1885
Virtual Tour propertypanorama.com »
Days on Market 167
Homestead Year No
Additional
Cooling Central Air, Multiple Cooling Units
Heating Gas
Room Dimensions
Living Room 16 × 17 Upper Level
Dining Room 20 × 11 Upper Level
Kitchen 17 × 16 Upper Level
Master Bedroom 16 × 11 Upper Level
2nd Bedroom 17 × 10 Upper Level
3rd Bedroom 14 × 14 Upper Level
4th Bedroom 17 × 14 Upper Level
Bathroom Locations
Full Baths 4 Upper
External Features
Construction Site-Built Home
Exterior Brick
Lot Size 1,307 sq ft
Acreage 0.03 Acres
Lot Dimensions 33 x 132
Parking Yes
Sewer City
Water City
Fence None
Location
Area Howard County
County Howard
Subdivision None
Township Center
City Kokomo
State IN
Zip 46901
Schools
School District Kokomo-Center Township Cons. S.D.
Elementary Lafayette Park
Middle School Central
High School Kokomo
Financial
Assoc. Dues $0.00 Not Applicable
Contact

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MLS# 202613865
Listing Provided Courtesy of Andy Hardie
The Hardie Group
Main: 765-457-7214

Listing updated April 20, 2026 at 1:45 pm
Last checked 14 minutes ago

IDX information provided by the Indiana Regional MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.