418 S Main Street, Urbana, OH 43078

New Listing
$189,900
Property Type: Multi-Family Status: Active
Current Price: $189,900 List Date: 2/02/2026 Last Modified: 2/02/2026

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.

Supplements: ********

More Information MLS# 226003001

Location & Property Info

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

Office/Contract Info

For Sale: Yes Exchange: No

General Property Info

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

Tax Info

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

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: 1

1 Bedroom

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

2 Bedroom

2 Bedroom # of Units: 1 2 Bedroom Month Rent Per Unit: 950

Construction

Aluminum: 1

Heat Fuel

Gas: 1

Parking Features

2 Car Garage: 1 Detached Garage: 1 2 Off Street: 1

Water Source

Public: 1

Sewer

Public Sewer: 1

Services Available

Electricity Available: 1 Natural Gas Available: 1 Sewer Available: 1 Storm Sewer: 1 Water Available: 1

Miscellaneous

Basement: 1 W/D Hookups: 1

Tenant Pays

Gas: 1 Electricity: 1

Auction Info

Auction/Online Bidding Y/N: No

Heating

Forced Air: 1

New Financing

Conventional: 1

Air Conditioning

Window Unit(s): 1

Owner Pays

Sewer: 1 Trash: 1 Water: 1

MLS Primary PhotoSrc

Realtor Provided: 1

Location Property Info

Original List Price: 189900 List Price: $189,900 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

Status: Active MLS Entry Date: 2026-02-02

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: February - 02 - 2026
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