Listing courtesy of The Taflinger Real Estate Group · Listing agent: Chloe Taflinger · Office: 765-282-1227
PendingTriplex
426 S King Avenue
$175,000
$97.22 / sq ft
Brazil, IN 47834-3184
Estimate your monthly payment- Bedrooms
- 3
- Bathrooms
- 3
- Living area
- 1,800 sq ft
- Lot
- 0.28 ac
- Year built
- 1953
- Type
- Triplex
- Listed
- September 14, 2026
- MLS #
- 202638009
About this home
Investment opportunity in Brazil, Indiana! This well-positioned triplex offers three rental units with established tenancy. One unit is currently month-to-month, while the remaining two units are secured with one-year leases. Tenants are responsible for their own gas and electric, helping keep owner-paid expenses manageable. An excellent opportunity for an investor looking to add a multi-unit property with existing rental income to their portfolio.
Property details
Interior
- Levels
- One
- Stories
- 1
- Total area
- 1,800 sq ft
- Finished area above grade
- 1,800 sq ft
- Bedrooms above grade
- 3
- Flooring
- Carpet
- Heating
- Forced Air
- Cooling
- Multiple Cooling Units
- Amenities
- Porch Covered
Exterior & parking
- Construction
- Vinyl Siding
- Private pool
- No
- New construction
- No
Waterfront & lake
- Waterfront
- No
Lot
- Lot features
- 0-2.9999
- Lot size (acres)
- 0.28 ac
- Lot dimensions
- 1000X1200
- County
- Clay County
- Township
- Brazil
- Lots
- 0
- Platted
- Yes
- Planned unit development
- No
- Directions
- GPS Friendly
Schools
- Elementary school
- East Side
- Middle school
- North Clay
- High school
- Northview
- School district
- Clay Community Schools
Taxes & terms
- Annual taxes
- $1,121
- Tax year
- 2026
- Assessed value
- $81,200
- Parcel number
- 11-01-31-300-397.000-002
Included in the sale
- Included in sale
- Building,Lease
Utilities
- Water
- City
- Sewer
- Public Sewer
Income & commercial
- Units
- 3
- Annual gross rent
- $22,500
- Net operating income
- $13,173
- Lease term
- 12 Months
- Parking spaces
- 3
- Pets allowed
- No
- Tenant pays
- Electricity, Fuel, Heat
- Insurance (annual)
- $1,286
- Water & sewer (annual)
- $1,080
- Electric (annual)
- $1,800
- Fuel (annual)
- $1,800
- Trash (annual)
- $1,080
- Maintenance (annual)
- $960
Location
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