Occupied Duplex with Updated
New
For Sale
$199,900
402-404 East Lawn Ave, Urbana, OH 43078
Two occupied rental units offer practical layouts, washer and dryer hookups, gas heat, and off-street parking.
Property Size1,440 SF
Price / SF$138.82
Days on Market1
Property Features for 402-404 East Lawn Ave
General Information
Standard status
Active
Size
1,440 SF
Total Parking Spaces
2
Property subtype
Multi-Family
Occupancy
100%
Site & Location
Road Access
Yes
Utilities to Site
Yes
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Amenities
washer/dryer hookups
Building Details
Year Built
1950
Buildings
1
Tenancy
Multi
Listing Agency:
Mark Graham, Countrytyme Realty, LLC
Listed By:
Contact LOCAL Agent
(614) 291-1200
Source:
Realtyohio
Added: Sep 7
Last Checked: Sep 7 at 6:02AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Mark Graham, Countrytyme Realty, LLC
Investment Insights
Based on property information with market context.
Built in 1950, this 1,440-square-foot duplex contains two residential units, each configured with 2 bedrooms and 1 bathroom. Both units are occupied and include washer and dryer hookups; tenant-owned appliances remain in place. The property uses gas heat and does not have central air conditioning, while residents pay their own electric and gas service. The owner covers water and sewer.
Located at 402-404 East Lawn Ave in Urbana, the property sits at the corner of East Lawn Avenue and East Ward Street and includes 2 off-street parking spaces. Completed improvements include a metal roof replacement in 2018, a new water heater in Unit 402 in 2023, and installation of a water and sewer line from the curb in 2024. Tenancy has been established for approximately 5 years in Unit 402 and approximately 6 years in Unit 404.
Located at 402-404 East Lawn Ave in Urbana, the property sits at the corner of East Lawn Avenue and East Ward Street and includes 2 off-street parking spaces. Completed improvements include a metal roof replacement in 2018, a new water heater in Unit 402 in 2023, and installation of a water and sewer line from the curb in 2024. Tenancy has been established for approximately 5 years in Unit 402 and approximately 6 years in Unit 404.
Key Highlights
- Two‑unit duplex with 1,440 SF of total property size
- Each unit includes 2 bedrooms and 1 bathroom
- Both units are occupied by long‑term tenants
Property Analytics
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
387
Businesses Nearby
Explore this area
Business Placement
Demographics for 43078, OH
20,067
Population
8,904
Households
2.3
Avg Household Size
43
Median Age
22%
College-Educated
91%
High-School Grad
150.4 sq mi
ZIP Area
133
Density / Sq Mi
$72,500
Median Household Income
$40,854
Median Earnings
$909
Median Rent
$176,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two occupied rental units offer practical layouts, washer and dryer hookups, gas heat, and off-street parking.
Where is this duplex located?
The property is located at 402-404 East Lawn Ave Urbana, OH.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Two‑unit duplex with 1,440 SF of total property size; Each unit includes 2 bedrooms and 1 bathroom; Both units are occupied by long‑term tenants
