Pending

$175,000

426 S King Ave, Brazil, IN 47834

3beds

1,800sqft

$1,224/mo

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Triplex

Built in 1953

-- sqft lot

$169,500 Zestimate^®

$--/sqft

$-- HOA

What's special

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.

18 days
335
16

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 3

Heating

Forced Air

Cooling

Multi Units

Features

Flooring: Carpet
Basement: None

Interior area

Total structure area: 1,800
Total interior livable area: 1,800 sqft
Finished area above ground: 1,800
Finished area below ground: 0

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 3

Features

Levels: One
Stories: 1
Patio & porch: Porch Covered

Lot

Size: 0.28 Acres
Dimensions: 1000X1200
Features: 0-2.9999

Details

Additional structures: None
Parcel number: 110131300397.000002

Construction

Type & style

Home type: MultiFamily
Property subtype: Triplex

Materials

Vinyl Siding

Condition

New construction: No
Year built: 1953

Utilities & green energy

Sewer: City
Water: City

Community & HOA

Community

Subdivision: None

Location

Region: Brazil

Financial & listing details

Tax assessed value: $81,200
Annual tax amount: $1,121
Date on market: 9/14/2026
Inclusions: Building, Lease
Lease term: 12 Months
Total actual rent: 22500
Tenant pays: Electricity, Fuel, Heating

Estimated market value

$169,500

$161,000 - $178,000

$1,093/mo

Price history

Date	Event	Price
9/22/2026	Pending sale	$175,000
Source: IRMLS #202638009 Report a problem
9/14/2026	Listed for sale	$175,000+105.9%
Source: IRMLS #202638009 Report a problem
4/2/2026	Listing removed	$700
Source: Zillow Rentals Report a problem
3/23/2026	Listed for rent	$700
Source: Zillow Rentals Report a problem
3/31/2006	Sold	$85,000$47/sqft
Source: MIBOR as distributed by MLS GRID #2617444 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$821 -25.9%	$81,200 +32%
2024	$1,108 +6.4%	$61,500 -9.2%
2023	$1,040 -1.9%	$67,700 +3.8%
2022	$1,061 +0.3%	$65,200 +7.2%
2021	$1,057 -1.1%	$60,800
2020	$1,069 +2.7%	$60,800
2019	$1,040 +3.5%	$60,800
2018	$1,005 -12.7%	$60,800 +0.8%
2017	$1,151	$60,300 -28%
2016	$1,151 -3.3%	$83,700 +0.2%
2014	$1,190 -12.8%	$83,500 -5.6%
2013	$1,366 +10.2%	$88,500 -3.9%
2012	$1,239 -11%	$92,100 +15.1%
2011	$1,392 +4.4%	$80,000 +3.2%
2010	$1,334	$77,500
2009	--	$77,500