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Duplex with Two Separate Residences
For Sale
$85,000
Pending

1624 N Webster, Kokomo, IN 46901

Front two-bedroom residence and rear studio offer distinct layouts within one income property.

Property Size1,535 SF
Days on Market47

Property Features for 1624 N Webster

General Information

Standard status Pending
Size 1,535 SF
Property subtype Multi-Family

Property Condition

Severity Repairs Needed
Evidence room for repairs

Units

Unit Mix 1 x 2BR/1BA, 1 x studio
Multifamily Units 2

Additional Details

Utilities to Site Yes

Building Details

Year Built 1890
Buildings 2
Listing Agency: The Wyman Group
Listed By: Misty Davidson · License #RB14049718
Source: Callcriswell
Added: Jul 21 Changed: Aug 31 Last Checked: Sep 4 at 9:50AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Wyman Group

Investment Insights

Based on property information with market context.

This duplex property contains two separate residences with different layouts. The front home provides two bedrooms, one bathroom, two living areas, an enclosed front porch, and an attached garage across 1,095 sq ft. Its family room includes a nonworking fireplace. The rear residence is configured as a studio with 440 finished sq ft and an unfinished basement.

Both homes are currently leased, with the front lease ending 10/28/26 and the rear lease ending 3/4/27. The residences share meters, and the owner pays utilities. The property was built in 1890 and is offered in its present condition, with tenant rights applying. Showings require 24-hour notice.

Key Highlights

  • Two residences in one duplex property at 1624 N Webster, Kokomo, IN 46901
  • Front home includes 2 bedrooms, 1 bathroom, 2 living areas, enclosed front porch, and attached garage
  • Front residence measures 1,095 sq ft; lease ends 10/28/26

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Pharmacy Parking Lot & Garage Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

339
Businesses Nearby

Demographics for 46901, IN

38,072
Population
18,307
Households
2.1
Avg Household Size
41
Median Age
17%
College-Educated
90%
High-School Grad
140.9 sq mi
ZIP Area
270
Density / Sq Mi
$61,041
Median Household Income
$37,107
Median Earnings
$869
Median Rent
$131,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Front two-bedroom residence and rear studio offer distinct layouts within one income property.
Where is this duplex located?
The property is located at 1624 N Webster Kokomo, IN.
What is the asking price?
The asking price for this property is $85,000.
What are key features of this property?
This property features: Two residences in one duplex property at 1624 N Webster, Kokomo, IN 46901; Front home includes 2 bedrooms, 1 bathroom, 2 living areas, enclosed front porch, and attached garage; Front residence measures 1,095 sq ft; lease ends 10/28/26
More about this property
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