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Duplex with Two-Car Garage
For Sale
$99,000

421 S Forest Avenue, Brazil, IN 47834

MULTI-FAMILY, Brazil, IN

Property SizeContact for details
Days on Market105

Property Features for 421 S Forest Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 1
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1, Bedroom 1
Patio and Porch features Patio, Porch
Exterior features Rock Driveway, Paved Street
Appliances Refrigerator, Elec. Range/Oven
Elementary school Forest Park
Middle school North Clay
High school Northview
Subdivision Clay County
Standard status Active
APN 11-02-36-400-482.000-002

Utilities

Heating system Baseboard
Cooling system Wall/Window Unit(s), Window Unit(s)

Building Details

Year built 1910
Buildings 1
Listing Agency: A & B HOMES
Listed By: Debbie Mershon
Added: Jul 16 Changed: Oct 27 Last Checked: Oct 28 at 7:06PM
MLS# 109930

Copyright © 2026 Terre Haute Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This duplex contains two rental units: one with one bedroom and another with two bedrooms. A two-car garage provides additional space that can be rented for storage or included with one unit. The property is being sold as-is.

Built in 1910, the building has baseboard heat and wall or window-unit cooling. A patio and porch add outdoor features, while a rock driveway connects to a paved street. Appliances include a refrigerator and electric range/oven.

Key Highlights

  • Duplex with one one‑bedroom unit and one two‑bedroom unit
  • Two‑car garage can be rented for storage or added to one unit’s rent
  • Built in 1910

Property Analytics

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Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

531
Businesses Nearby

Demographics for 47834, IN

19,430
Population
8,451
Households
2.3
Avg Household Size
41
Median Age
17%
College-Educated
91%
High-School Grad
154.2 sq mi
ZIP Area
126
Density / Sq Mi
$66,677
Median Household Income
$41,247
Median Earnings
$866
Median Rent
$135,900
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 residential units offer a mix of one- and two-bedroom layouts, with a garage that may provide separate storage use.
Where is this duplex located?
The property is located at 421 S Forest Avenue Brazil, IN.
What is the asking price?
The asking price for this property is $99,000.
What are key features of this property?
This property features: Duplex with one one‑bedroom unit and one two‑bedroom unit; Two‑car garage can be rented for storage or added to one unit’s rent; Built in 1910
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