Renovated Duplex with Private
For Sale
$525,000
300 E Taylor St, Kokomo, IN 46901
Two-floor property features dedicated laundry equipment and a large upper-level balcony.
Property Size2,968 SF
Price / SF$176.89
Days on Market91
Property Features for 300 E Taylor St
General Information
Standard status
Active
Size
2,968 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 4BR/4BA
Multifamily Units
2
Amenities
washer and dryer
large balcony
Building Details
Year Built
1913
Buildings
1
Stories
2
Listing Agency:
Fortune Companies, Inc
Listed By:
DJ Butcher · License #RB20000053
(765) 457-1700
Source:
Callcriswell
Added: Jul 20
Changed: Oct 15
Last Checked: Oct 7 at 3:10PM
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 Fortune Companies, Inc
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This renovated duplex contains 8 bedrooms and 8 bathrooms overall, with each floor arranged as four bedrooms and four private bathrooms. The interior updates include new mechanical systems, plumbing, electrical components, flooring, bathrooms, and appliances. Fresh paint completes both levels, and each floor includes a washer and dryer.
A large balcony extends from the second floor, adding outdoor space to the upper-level layout. The property is located at 300 E Taylor Street in Kokomo, Indiana.
A large balcony extends from the second floor, adding outdoor space to the upper-level layout. The property is located at 300 E Taylor Street in Kokomo, Indiana.
Key Highlights
- 8 bedrooms and 8 bathrooms across the duplex
- Each floor has 4 bedrooms, each with its own bathroom
- New mechanicals, plumbing, and electrical systems
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,673
Cap Rate
5.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$533,460
$533.5K
Cap Rate 7%
$381,043
$381.0K
Cap Rate 9%
$296,367
$296.4K
Market Conditions
NOI Build-Up for 2,968 SF
Gross rent
$40.2K $13.56/SF
− Vacancy
−$2.1K −$0.72/SF
EGI
$38.1K $12.84/SF
− OpEx
−$11.4K −$3.85/SF
NOI
$26.7K $8.99/SF
Area
Howard County, IN
Vacancy
5.32%
Lease Rate
$13.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$533,460
Cap Rate 7%
$381,043
Cap Rate 9%
$296,367
Alternative Uses
Best Use
Multifamily LT 5
$381.0K
$333.4K – $444.6K
NOI $26,673 @ 7.0% cap · market cap 5.08%
Second Best
Apartment 5plus
$351.3K
$307.4K – $409.9K
NOI $24,594 @ 7.0% cap · market cap 4.68%
Theoretical Best
Warehouse
$2.34M
$2.05M – $2.73M
NOI $163,611 @ 7.0% cap · market cap 31.16%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
829
Businesses Nearby
Explore this area
Business Placement
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
Frequently Asked Questions
What type of property is this?
Duplex - Two-floor property features dedicated laundry equipment and a large upper-level balcony.
Where is this duplex located?
The property is located at 300 E Taylor St Kokomo, IN.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 8 bedrooms and 8 bathrooms across the duplex; Each floor has 4 bedrooms, each with its own bathroom; New mechanicals, plumbing, and electrical systems
