Occupied Two-Unit
New
For Sale
$199,900
402404 402-404 East Lawn Ave, Urbana, OH 43078
Corner-lot duplex with two-bedroom units, off-street parking, and established occupancy.
Property SizeContact for details
Days on Market1
Property Features for 402404 402-404 East Lawn Ave
General Information
Standard status
Active
Total Parking Spaces
2
Property subtype
Multi-Family
Occupancy
100%
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Additional Details
Utilities to Site
Yes
Amenities
washer and dryer hookups
Building Details
Year Built
1950
Tenancy
Multi
Listing Agency:
REMAX Alliance Realty
Listed By:
V. Patrick Hamilton · License #2004002933
(937) 652-1100
Source:
Dreamcolumbus
Added: Sep 7
Last Checked: Sep 7 at 3:01PM
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 REMAX Alliance Realty
Investment Insights
Based on property information with market context.
This two-unit duplex includes matching layouts with two bedrooms and one bathroom per unit. Both apartments have washer and dryer hookups, gas heat, and tenant-owned appliances; central air conditioning is not installed. Two off-street parking spaces serve the property, and both units are currently occupied.
Recent improvements include a metal roof replacement in 2018, a new water heater in Unit 402 in 2023, and replacement of the water and sewer line from the curb in 2024. Tenants pay their own electric and gas, while the owner handles water and sewer. The residents have remained in place for approximately 5 years and approximately 6 years, respectively. Located at the corner of East Lawn Avenue and East Ward Street in Urbana, the property offers an established two-unit rental configuration.
Recent improvements include a metal roof replacement in 2018, a new water heater in Unit 402 in 2023, and replacement of the water and sewer line from the curb in 2024. Tenants pay their own electric and gas, while the owner handles water and sewer. The residents have remained in place for approximately 5 years and approximately 6 years, respectively. Located at the corner of East Lawn Avenue and East Ward Street in Urbana, the property offers an established two-unit rental configuration.
Key Highlights
- Two‑unit duplex with 2 bedrooms and 1 bathroom in each apartment
- Both units currently occupied, with tenancies of approximately 5 years and approximately 6 years
- Metal roof replaced in 2018
Property Analytics
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
117
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
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Frequently Asked Questions
What type of property is this?
Duplex - Corner-lot duplex with two-bedroom units, off-street parking, and established occupancy.
Where is this duplex located?
The property is located at 402404 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 2 bedrooms and 1 bathroom in each apartment; Both units currently occupied, with tenancies of approximately 5 years and approximately 6 years; Metal roof replaced in 2018
