$199,900

404 E Lawn Ave Urbana, OH 43078

Urbana Area

Estimated payment $1,303/month

4 Beds
2 Baths
1,440 Sq Ft
$139 Price per Sq Ft

About This Home

First time on the market in many years, this well-maintained double located on the corner of East Lawn Avenue and East Ward Street in Urbana. This property has been a well-kept part of the neighborhood for many years, and if you've driven by and admired its appearance, now is your opportunity to own it. Both units are currently occupied by long term tenants, making this a great opportunity for an investor looking to add a solid property to their rental portfolio or for someone looking to start building their investment portfolio. Each unit offers 2 bedrooms and 1 bathroom, providing a comfortable and practical layout for tenants. Both units also feature washer and dryer hookups, while the existing appliances belong to the tenants. The property is heated by gas and does not have central air conditioning. Tenants are responsible for their own electric and gas, while the owner pays the water and sewer, which averages approximately $60-$80 per month. There are 2 off Street parking spaces. Several important updates have already been completed, helping provide peace of mind for the next owner. The metal roof was replaced in 2018, the water heater in Unit 402 was replaced in 2023 and a new water/sewer line was installed from the curb in 2024. The property has been cared for over the years and offers the benefit of having both units occupied. The tenants have also demonstrated long term stability, with the tenant in Unit 402 having been there for approximately 5 years and the tenant in Unit 404 for approximately 6 years. Current rents have not been increased since the tenants moved in and are considered to be on the low side for the community, offering a potential opportunity for future rental income growth for the new owner. Whether you're an experienced investor looking to expand your rental holdings or someone ready to take the first step into real estate investing, this 2-unit apartment offers an excellent opportunity.

Listing Agent

Patrick Hamilton

RE/MAX Alliance Realty Brokerage Phone: (937) 652-1100 License #2004002933 Listed on: 09/04/2026

RE/MAX Alliance Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1950

Lot Details

  • 4,200 Sq Ft Lot
  • Lot Dimensions are 100x42

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 1,440 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • No Garage
  • Driveway
  • On-Street Parking

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number K48-25-00-03-13-027-00

Community Details

Overview

  • 2 Units
  • D C Hitt Add Subdivision

Building Details

  • Gross Income $925

Property Details

Home Type

Multi-Family

Year Built

1950

Lot Details

4,200 Sq Ft Lot

Listing Details

  • Cooling System: None
  • Property Sub Type: Duplex
  • Year Built: 1950
  • Attribution Contact: (937) 652-1100
  • Lot Size Acres: 0.0964
  • Co List Office Phone: (937) 652-1100
  • MLS Status: Active
  • Living Area: 1440.0
  • Master Plan Zoning: Residential
  • Property Sub Type Additional: Duplex
  • Special Features: VirtualTour

Interior Features

  • Basement: Crawl Space
  • Property Type: Residential Income
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 1

Exterior Features

  • Construction Type: Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, No Garage, On Street

Utilities

  • Heating: Natural Gas
  • Utilities: Natural Gas Available, Sewer Available, Water Available
  • Cooling Y N: No
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Urbana

Lot Info

  • Lot Dimensions: 100X42
  • Lot Size Sq Ft: 4200.0
  • Parcel Number: K48-25-00-03-13-027-00
  • Zoning Description: Residential

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Annual Gross Income: 925.0
  • Number Of Units Total: 2

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/04/2026 09/04/26 For Sale $199,900 -- $139 / Sq Ft
Source: Dayton REALTORS®

About the Listing Agent

Patrick Hamilton
Patrick Hamilton

RE/MAX Alliance Realty

(937) 507-8716

Section Image

As real estate professionals in Urbana, OH, we have in depth local knowledge and can provide you with the information you need on home buying, home selling, financing and owning real estate in Champaign, Clark, Logan, Union Counties and surrounding areas. Contact The V. Patrick Hamilton Group for all your real estate needs.

View Patrick's Profile

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Source: Dayton REALTORS®

MLS Number: 968238

Dayton REALTORS®
Ohio Champaign County Urbana 43078

404 E Lawn Ave, Urbana, OH

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Dayton REALTORS® The information is being provided by Dayton Area Board of Realtors MLS. Information deemed reliable but not guaranteed. Information is provided for the consumer's personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 Dayton Area Board of Realtors MLS. All Rights Reserved.

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Patrick Hamilton
Patrick Hamilton
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RE/MAX Alliance Realty
(937) 507-8716
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