827 N Oakland St #1/2, Urbana, OH, 43078
About This Home
Turnkey Multifamily Investment Opportunity. Fully Occupied & Income Producing Don't miss this excellent opportunity to acquire a fully occupied, cash-flowing multifamily property in a quiet, desirable neighborhood. This updated double has been extensively remodeled and features reliable tenants already in place, providing immediate rental income from day one. Property Highlights: Lower Unit 2 Bedrooms, 1 Bathroom, Freshly remodeled throughout.Brand-new kitchen, Brand-new bathroom. Two porches Appliances included. Currently rented for $1,200/month. Upper Unit 1 Bedroom, 1 Bathroom. Freshly remodeled. Brand-new kitchen. Appliances included. Currently rented for $900/month. Lease expires May 4, 2027 Investment Details Total Monthly Rental Income: $2,100 Annual Gross Rental Income: $25,200 Security deposits on file, Owner pays water sewer and trash. Many updates completed throughout the property. Fully occupied with established tenants This is an ideal addition to any investment portfolio, offering immediate cash flow and updated interiors that help minimize future maintenance concerns.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1858
Materials
- Foundation: Cellar
- Construction materials: Stone
Type & Style
- Home type: MultiFamily
- Property subType: Duplex,Multi Family
Interior
Appliances
- Appliances included: Range,Refrigerator,Gas Water Heater
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Features
- Ceiling Fan(s),Remodeled
- Window features: Double Hung,Double Pane Windows
Heating & Cooling
- Heating features: Forced Air,Natural Gas
- Cooling features: Window Unit(s)
Interior Area
- Total structure area: 1,904
- Total interior livable area: 1,904 sqft
Property
Details
- Parcel number: K482500040502000
- Zoning: Residential,Multiple
- Zoning description: Residential,Multiple
Features
- Patio & porch: Patio,Porch
- Exterior features: Porch,Patio
Lot
- Lot size: 8,424 sqft
- Lot size dimensions: 72 x 117
Parking
- Parking features: Driveway,No Garage,On Street
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Hail
- Lightning
- Strong Wind
- Tornado
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Ohio Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,213 | $14,556 |
| Home Insurance * | $142 | $1,704 |
| Property Taxes | $214 | $2,568 |
| Electricity | $204 | $2,450 |
| Total | $1,773 | $21,276 |
Income You'd Need if You Spent...
Ohio FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-28 | Price change | $240,000 |
| 2026-07-08 | Listed for sale | $320,000 |
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