301 W 2nd Street, Arcanum, OH 45304
301 W 2nd Street, Arcanum, OH 45304
301 W 2nd Street, Arcanum, OH 45304
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Andrew Meyer

Andrew Meyer

+1(614) 354-6240
Listed by Sue Bowman Howard Hanna Real Estate Services
$198,000
Est. payment /mo
5 Beds
3 Baths
3,001 SqFt
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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,001 sqft

Price per Sqft $65

Subdivision Allreads 5Th Add

MLS Listing ID 1049629

Bedrooms 5

Full Baths 3

Year Built 1900

Tax Year 2025

Lot Size 6,969 Sqft

Lot Dimensions 0.16

Source Western Regional Information Systems & Technology (WRIST)

Property Description

Why settle for 1 property when you could have 3 separate living spaces, each w/ its own possibilities? Located in Arcanum, this unique multi-family property combines the character of a charming older home w/ the added opportunity of a separate building housing 2 additional residential units. Whether you're looking to expand your rental portfolio or live in 1 home while generating income from the others, this property offers a setup you don't come across every day. The single-story main house welcomes you w/ a covered front porch, complete w/ a porch swing & plenty of room to sit back & enjoy a quiet afternoon. Inside, tall windows, substantial original woodwork & a mixture of updated finishes give the home a comfortable, lived-in feel. The living room offers plenty of natural light, while the adjoining dining room features warm wood-paneled walls, built-in cabinetry & enough space to accommodate both a dining table & a home office setup. Just beyond, the kitchen offers abundant cabinetry, a tile backsplash & room for a breakfast table or additional workspace. The home also includes 2 bedrooms, a full bath & a dedicated laundry room, all conveniently located on 1 level. Outside, the spacious yard provides plenty of green space, mature trees, & a storage shed. The separate building houses 2 additional residential units: a 2-bedroom, 1-bath front apartment & a 1-bedroom, 1-bath rear apartment. The front apartment is currently rented for $550/month, w/ occupancy expected through November 2026, while the rear apartment is vacant. The main house is owner-occupied w/ no lease in place. Carpet to be installed in the apartment later this week. Whether you're looking for an investment property or an opportunity to offset your own housing expenses w/ rental income, this property's unique configuration offers plenty of possibilities.

Location

State OH

County Darke

Community Allreads 5Th Add

Area 0.16

Direction SR-49 to Ohio Alt 49, to N Main St, right onto W South St, Left onto S Walnut St.

Rooms

Basement Crawl Space

Interior

Heating Electric, Natural Gas

Cooling Central Air

Appliance Microwave, Range, Refrigerator

Heat Source Natural Gas, Electric

Exterior

Exterior Feature Brick, Vinyl Siding

Parking Features No Garage

Utilities Available Natural Gas Connected

Building

Lot Description Residential Lot

Story One

Foundation Slab

Sewer Public Sewer

Water Supplied Water

Level or Stories One

Schools

High Schools 1902 Arcanum-Butler Lsd

School District 1902 Arcanum-Butler Lsd

Others

Tax ID P59230809040412000

Acceptable Financing Cash, Conventional, FHA, Rural Housing Service, VA Loan

Listing Terms Cash, Conventional, FHA, Rural Housing Service, VA Loan

Virtual Tour https://www.propertypanorama.com/instaview/wrist/1049629

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Andrew Meyer

Andrew Meyer

+1(614) 354-6240

License ID: 2023003014

License ID: 2023003014

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