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Occupied Duplex with Porches
For Sale
$99,900

1816 N Morrison St, Kokomo, IN 46901

Two one-bedroom units include private side porches and a shared covered entry porch.

Property Size1,152 SF
Price / SF$86.72
Days on Market93

Property Features for 1816 N Morrison St

General Information

Standard status Active
Size 1,152 SF
Property subtype Multi-Family
Occupancy 100%

Units

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

Amenities

shared covered front porch
private side porch

Building Details

Year Built 1949
Buildings 1
Tenancy Multi
Listing Agency: CRM Properties, Inc
Listed By: Audra Cannon · License #RB20000586
Source: Kmsrealestategroup
Added: Jul 21 Changed: Oct 2 Last Checked: Oct 7 at 5:21PM

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 CRM Properties, Inc

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Investment Insights

Based on property information with market context.

This 1,152-square-foot duplex at 1816 N Morrison St in Kokomo, Indiana, was built in 1949 and contains two one-bedroom, one-bath units. Each residence has a large kitchen and its own side porch, while both share a covered front porch. One unit also includes access to a partial basement with washer and dryer hookups.

The property is fully occupied, with both residents described as long-term tenants who have recently renewed their leases. The owner currently pays utilities and provides lawn care, creating a defined operating arrangement for the existing tenancy. The duplex offers an established two-unit configuration with covered and private outdoor areas, plus basement utility access for one residence.

Key Highlights

  • 1,152‑square‑foot duplex built in 1949
  • Two 1‑bedroom, 1‑bath units
  • Large kitchens and private side porches in both units

Property Analytics

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Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

321
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two one-bedroom units include private side porches and a shared covered entry porch.
Where is this duplex located?
The property is located at 1816 N Morrison St Kokomo, IN.
What is the asking price?
The asking price for this property is $99,900.
What are key features of this property?
This property features: 1,152‑square‑foot duplex built in 1949; Two 1‑bedroom, 1‑bath units; Large kitchens and private side porches in both units
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