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    717 N Indiana Ave Kokomo, IN 46901

    For Sale
    $149,900

    Triplex - Kokomo, IN

    Type:Triplex
    Property size:
    2,323 SF
    Lot size:
    0.25 Acres
    Days on Market:
    32
    Last Refresh:
    Dec 6 at 2:06 pm

    Property Features for 717 N Indiana Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Triplex
    Standard status
    Active
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Laundry
    Bedrooms
    7
    Bathrooms
    3
    APN
    34-03-25-384-005.000-002
    Parking features
    Garage, Garage - Detached
    Exterior features
    Basement, None
    Basement Y/N
    1
    Size
    2,323 SF
    Lot size
    0.25 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas

    Building Details

    Floors in Building
    2
    Number of units
    3
    Flooring type
    Carpet, Other
    Building materials
    Cedar
    Roof type
    Shingle
    Architectural style
    Other

    RE/MAX Realty One (765) 454-7300 [email protected]

    Listing agent Missy Jackson (765) 454-7300 License #RB14048371

    Listing date Nov 5, 2025

    MLS# 202541829 Listing URL

    Copyright © 2025 REALTORS Association of Central Indiana. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Kokomo Triplex Investment Opportunity

    This triplex is an investment property featuring three units and potential for an efficiency unit above the garage. The property is being sold in "as is" condition. Laundry facilities are located in the basement, intended for shared use by tenants or tenants may choose to use a laundromat. Information indicates that each unit includes a room that could serve as an additional bedroom if needed. The property is situated on a 0.245-acre lot. The building has 2323 square feet of space. The property is located in Kokomo, Indiana, in Howard County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kokomo
    County
    Howard
    State
    Indiana
    Longitude
    -86.139953
    Latitude
    40.492288

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    FAQs

    What type of property is this?
    Triplex - Triplex in Kokomo, Indiana, with potential for additional unit.
    Where is this triplex located?
    The property is located at 717 N Indiana Ave Kokomo, IN.
    What is the asking price?
    The asking price for this property is $149,900.
    What are key features of this property?
    This property features: - 3-unit investment property.; - Potential for an efficiency unit above the detached garage.; - Detached garage included.
    (765) 454-7300
    Request Owner's contact information
    717 N Indiana Ave Kokomo, IN 46901
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    Kokomo, IN 46901
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    717 N Indiana Ave Kokomo, IN 46901
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