418 S Main Street, Urbana, OH 43078

$200,000
Property Type: Multi-Family Status: Closed
Current Price: $200,000 List Date: 2/02/2026 Last Modified: 3/19/2026

Overview

Description

This impeccably maintained duplex sits on a prime stretch of South Main Street, offering space, condition, and flexibility that's hard to find. The property features two oversized units: a 1-bedroom, 1-bath unit at approximately 1,100 square feet and a sprawling 2-bedroom, 1-bath unit measuring roughly 1,600 square feet. Both units are thoughtfully laid out, exceptionally well cared for, and live much larger than most properties in this category. The 1-bedroom unit offers a large kitchen, excellent storage, and is currently vacant, making it an ideal option for an owner-occupant or an investor looking to place a tenant immediately. The 2-bedroom unit includes a living room and dining area, an enclosed front porch, a sunroom off the back, and a deck, along with abundant storage throughout. Both units share access to a clean, dry, and structurally sound basement, providing additional storage and washer and dryer hookups for tenant convenience. It's a practical setup that adds everyday functionality without sacrificing privacy. A detached 2-car garage further enhances the property with off-street parking and extra storage. Major improvements have already been handled. The roof was replaced in 2024. The garage received significant upgrades in 2020, including structural repairs, a new roof and gutters, updated electrical wiring, and new garage door openers. Water heaters were replaced in 2022, and the furnaces are professionally maintained on an annual basis. Pride of ownership is evident throughout. There is minimal deferred maintenance, limited primarily to exterior painting of the soffits and select window trim on both the house and garage. With one unit vacant and the other producing income, this property presents a strong opportunity for an owner-occupant looking to offset their mortgage or an investor seeking a well-maintained, low-stress addition to their portfolio. Solid condition, smart updates, and real upside make this one worth a serious look.

Listing Details MLS# 226003001

Location Property Info

Original List Price
189900
Property Sub Type
Duplex
Street #
418
Street PreDirection
S
Street Name
Main
Street Suffix
Street
County
Champaign
State
OH
Zip Code
43078
School District
URBANA CSD 1104 CHA CO.
Township
Urbana

OfficeContract Info

MLS Entry Date
2026-02-02

General Property Info

Number of Units
2
Building Sqft
2716
Year Built
1900
Built Prior to 1978
Yes
Lot Size (Side)
198
Use Code
520 - 2-FAM DWELL:PLATTED LOT

Tax Info

Parcel #
K48-25-00-01-14-003-00
Tax Year
2025
Tax Abatement
No
Taxes (Yrly)
2717
Tax Incentive
No

Status Change Info

Under Contract Date
2026-02-05
Sold Date
2026-03-13
Sold Price/SqFt
73.64

1 Bedroom

1 Bedroom # of Units
Yes
1 Bedroom Month Rent Per Unit
805

More Information

2 Bedroom

2 Bedroom # of Units
Yes
2 Bedroom Month Rent Per Unit
950

Auction Info

Auction/Online Bidding Y/N
No

Location & Property Info

List Price/SqFt
69.92
City (Mailing Addr)
Urbana
Corp LimitPerAuditor
Urbana

Office/Contract Info

For Sale
Yes
Exchange
No

Remarks & Misc

Property Description
This impeccably maintained duplex sits on a prime stretch of South Main Street, offering space, condition, and flexibility that's hard to find. The property features two oversized units: a 1-bedroom, 1-bath unit at approximately 1,100 square feet and a sprawling 2-bedroom, 1-bath unit measuring roughly 1,600 square feet. Both units are thoughtfully laid out, exceptionally well cared for, and live much larger than most properties in this category. The 1-bedroom unit offers a large kitchen, excellent storage, and is currently vacant, making it an ideal option for an owner-occupant or an investor looking to place a tenant immediately. The 2-bedroom unit includes a living room and dining area, an enclosed front porch, a sunroom off the back, and a deck, along with abundant storage throughout. Both units share access to a clean, dry, and structurally sound basement, providing additional storage and washer and dryer hookups for tenant convenience. It's a practical setup that adds everyday functionality without sacrificing privacy. A detached 2-car garage further enhances the property with off-street parking and extra storage. Major improvements have already been handled. The roof was replaced in 2024. The garage received significant upgrades in 2020, including structural repairs, a new roof and gutters, updated electrical wiring, and new garage door openers. Water heaters were replaced in 2022, and the furnaces are professionally maintained on an annual basis. Pride of ownership is evident throughout. There is minimal deferred maintenance, limited primarily to exterior painting of the soffits and select window trim on both the house and garage. With one unit vacant and the other producing income, this property presents a strong opportunity for an owner-occupant looking to offset their mortgage or an investor seeking a well-maintained, low-stress addition to their portfolio. Solid condition, smart updates, and real upside make this one worth a serious look.

Income/Expenses

Gross Income
1755
Net Operating Income
1645
Total Expenses
110

Addl Acceptance Cond

None Known
Yes

Construction

Aluminum
Yes

Heat Fuel

Gas
Yes

Parking Features

2 Car Garage
Yes
Detached Garage
Yes
2 Off Street
Yes

Water Source

Public
Yes

Sewer

Public Sewer
Yes

Services Available

Electricity Available
Yes
Natural Gas Available
Yes
Sewer Available
Yes
Storm Sewer
Yes
Water Available
Yes

Miscellaneous

Basement
Yes
W/D Hookups
Yes

Tenant Pays

Gas
Yes
Electricity
Yes

Heating

Forced Air
Yes

New Financing

Conventional
Yes

Air Conditioning

Window Unit(s)
Yes

Owner Pays

Sewer
Yes
Trash
Yes
Water
Yes

MLS Primary PhotoSrc

Realtor Provided
Yes

Property Features

Addl Acceptance Cond: None Known Parking Features: 2 Car Garage; Detached Garage; 2 Off Street Owner Pays: Sewer; Trash; Water Tenant Pays: Electricity; Gas Heat Fuel: Gas Heating: Forced Air Air Conditioning: Window Unit(s) Construction: Aluminum Water Source: Public Sewer: Public Sewer Services Available: Electricity Available; Natural Gas Available; Sewer Available; Storm Sewer; Water Available Miscellaneous: Basement; W/D Hookups New Financing: Conventional MLS Primary PhotoSrc: Realtor Provided
Listing Office: Coldwell Banker Realty
Listing Agent: Shaun Hood
Last Updated: March - 19 - 2026
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