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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