3-Unit Multifamily
301 W 2nd St, Arcanum, OH 45304
For Sale
New
$198,000
A single-story main home and a separate two-apartment building provide three distinct residential spaces.
Property Size3,001 SF
Price / SF$65.98
Days on Market2
Property Features for 301 W 2nd St
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Building Details
Year Built
Buildings
Listing Agency:
Irongate Inc.
(937) 540-1234
Listed By:
Streetlight Realty
(937) 626-4181
Source:
Streetlightrealtors
Added: Nov 8
Last Checked: Nov 8 at 5:37PM
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 Irongate Inc.
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Investment Insights
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Three residential units are arranged across a single-story main house and a separate apartment building in Arcanum. The main home has two bedrooms, one full bath, a dedicated laundry room, and a covered front porch. Its interior includes tall windows, original woodwork, built-in dining-room cabinetry, and a kitchen with ample cabinets and a tile backsplash. A yard with mature trees and a storage shed completes the property.
The detached building contains a two-bedroom, one-bath apartment at the front and a one-bedroom, one-bath apartment at the rear. The front unit is occupied under a lease expected to continue through November 2026; the rear unit is vacant. The main house is owner-occupied without a lease. Improvements to the main home include a roof replacement in 2023, HVAC and A/C work in 2022, and electrical panel and service line work in 2025.
The detached building contains a two-bedroom, one-bath apartment at the front and a one-bedroom, one-bath apartment at the rear. The front unit is occupied under a lease expected to continue through November 2026; the rear unit is vacant. The main house is owner-occupied without a lease. Improvements to the main home include a roof replacement in 2023, HVAC and A/C work in 2022, and electrical panel and service line work in 2025.
Key Highlights
- Three residential units across a main house and separate apartment building
- Main home offers 2 bedrooms, 1 full bath, and a dedicated laundry room
- Separate building includes a 2‑bedroom, 1‑bath front apartment and a 1‑bedroom, 1‑bath rear apartment
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
130
Businesses Nearby
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Business Placement
Demographics for 45304, OH
7,532
Population
3,146
Households
2.4
Avg Household Size
42
Median Age
18%
College-Educated
91%
High-School Grad
85.2 sq mi
ZIP Area
88
Density / Sq Mi
$72,014
Median Household Income
$40,720
Median Earnings
$809
Median Rent
$190,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Multifamily property - A single-story main home and a separate two-apartment building provide three distinct residential spaces.
Where is this multifamily property located?
The property is located at 301 W 2nd St Arcanum, OH.
What is the asking price?
The asking price for this property is $198,000.
What are key features of this property?
This property features: Three residential units across a main house and separate apartment building; Main home offers 2 bedrooms, 1 full bath, and a dedicated laundry room; Separate building includes a 2‑bedroom, 1‑bath front apartment and a 1‑bedroom, 1‑bath rear apartment
