301 W 2nd St, Arcanum, OH 45304
What's special
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 Monday, 11/9. Main House Updates & Improvements: Roof (2023), HVAC (2022), A/C (2022), electrical panel & service line (2025). 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.
- 3 days
- 246
- 29
Travel times
Living Room
Kitchen
Dining Room
Bathroom
Laundry Room
Bedroom
Bedroom
Apartment
Apartment
Apartment
Zillow last checked:
Listing updated:
Sue E Bowman 937-564-0712,
Howard Hanna Real Estate Serv
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Electric, Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Microwave, Range, Refrigerator
Features
- Ceiling Fan(s)
- Basement: Crawl Space
Interior area
- Total structure area: 3,001
- Total interior livable area: 3,001 sqft
Video & virtual tour
Property
Parking
- Parking features: No Garage
Features
- Patio & porch: Patio, Porch
- Exterior features: Porch, Patio, Storage
Lot
- Size: 7,405 Square Feet
- Dimensions: 0.17
Details
- Additional structures: Shed(s)
- Parcel number: P59230809040412000
- Zoning: Residential
- Zoning description: Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick, Vinyl Siding
- Foundation: Slab
Condition
- Year built: 1900
Community & HOA
Community
- Subdivision: Allreads 5th Add
Location
- Region: Arcanum
Financial & listing details
- Price per square foot: $66/sqft
- Tax assessed value: $116,570
- Annual tax amount: $1,607
- Date on market: 11/6/2026
Price history
| Date | Event | Price |
|---|---|---|
| 11/6/2026 | Listed for sale | $198,000+7%$66/sqft |
Source: | ||
| 6/16/2025 | Sold | $185,000+85%$62/sqft |
Source: Public Record Report a problem | ||
| 11/17/2021 | Sold | $100,000-4.8%$33/sqft |
Source: Public Record Report a problem | ||
| 1/15/2021 | Listing removed | -- |
Source: | ||
| 9/30/2020 | Price change | $105,000-12.5%$35/sqft |
Source: First Choice Realty #1005166 Report a problem | ||
| 8/18/2020 | Listed for sale | $120,000+60%$40/sqft |
Source: First Choice Realty #1005166 Report a problem | ||
| 1/27/2020 | Listing removed | $550 |
Source: Owner Report a problem | ||
| 12/31/2019 | Listed for rent | $550 |
Source: Owner Report a problem | ||
| 11/5/2014 | Sold | $75,000$25/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,607 +4% | $40,800 |
| 2024 | $1,546 -1.1% | $40,800 |
| 2023 | $1,564 +9.2% | $40,800 +23.1% |
| 2022 | $1,432 +11.3% | $33,150 +8.9% |
| 2021 | $1,286 +2.8% | $30,440 |
| 2020 | $1,251 +13.6% | $30,440 +14.5% |
| 2019 | $1,102 +3.6% | $26,590 |
| 2018 | $1,063 -3% | $26,590 |
| 2017 | $1,096 | $26,590 -7.6% |
| 2016 | $1,096 -0.1% | $28,780 |
| 2015 | $1,098 -6.5% | $28,780 -5.4% |
| 2014 | $1,174 -5.3% | $30,420 |
| 2013 | $1,239 +2.6% | $30,420 |
| 2012 | $1,208 +0% | $30,420 |
| 2011 | $1,208 -10.7% | $30,420 -14.2% |
| 2010 | $1,352 | $35,460 |
Monthly payment
Estimated market value
$189,300
$159,000 - $218,000
$919/mo
Climate risks
Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.