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For sale
$198,000
5beds
3,001sqft

301 W 2nd St, Arcanum, OH 45304

5beds
3,001sqft
Multi Family
Built in 1900
$189,300 Zestimate®
$66/sqft

What's special

Storage shedCovered front porchBuilt-in cabinetryDedicated laundry roomSubstantial original woodworkSingle-story main houseTile backsplash

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
Source: DABR MLS,MLS#: 972688MLS LogoOriginating MLS: Dayton Area Board of REALTORS
Travel times

Living Room

Kitchen

Dining Room

Bathroom

Laundry Room

Bedroom

Bedroom

Apartment

Apartment

Apartment

Zillow last checked:

Listing updated:

Listed by:

Sue E Bowman 937-564-0712,

Howard Hanna Real Estate Serv

Source: DABR MLS,MLS#: 972688MLS LogoOriginating MLS: Dayton Area Board of REALTORS

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

DateEventPrice
11/6/2026Listed for sale$198,000+7%$66/sqft
Source: WRIST #1049629 Report a problem
6/16/2025Sold$185,000+85%$62/sqft
Source: Public Record Report a problem
11/17/2021Sold$100,000-4.8%$33/sqft
Source: Public Record Report a problem
1/15/2021Listing removed--
Source: WRIST Report a problem
9/30/2020Price change$105,000-12.5%$35/sqft
Source: First Choice Realty #1005166 Report a problem
8/18/2020Listed for sale$120,000+60%$40/sqft
Source: First Choice Realty #1005166 Report a problem
1/27/2020Listing removed$550
Source: Owner Report a problem
12/31/2019Listed for rent$550
Source: Owner Report a problem
11/5/2014Sold$75,000$25/sqft
Source: Public Record Report a problem

Public tax history

YearProperty taxesTax 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
Find assessor info on the county website

Monthly payment

Est. payment
$1,241/mo
Principal & interest
$1088
Property taxes
$153
More affordability toolsChevron Right

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®️.

Neighborhood: 45304

Nearby schools

Arcanum Elementary School
Grades K-4 • 0.6 miles
9/10
GreatSchools® Rating
Test Score Rating
9/10
Student Progress Rating
9/10
Butler Middle School
Grades 5-8 • 0.6 miles
7/10
GreatSchools® Rating
Test Score Rating
9/10
Student Progress Rating
5/10
Arcanum High School
Grades 9-12 • 0.6 miles
7/10
GreatSchools® Rating
Test Score Rating
7/10
College Readiness Rating
10/10
Student Progress Rating
3/10