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$189,000
New Listing

309 S Third St
Racine, OH 45771

For Sale|Commercial Sale|Active
6
Beds
0
Total Baths
1,412
SqFt
$134
/SqFt
1930
Built
County:
Meigs

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Call Now: 1-(740)-591-2925
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1-(740)-591-2925
309 S Third St309 S Third St309 S Third St
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INCOME-PRODUCING INVESTMENT OPPORTUNITY IN RACINE, OHIO Looking to expand your real estate investment portfolio? Take a look at this four-unit apartment building located at 309 S. Third Street in Racine, Ohio! This established rental property offers four individual apartments, providing multiple streams of rental income under one roof.The property features two 2-bedroom apartments, one 1-bedroom apartment, and one studio apartment, each with its own bathroom. Currently generating $2,425 in gross monthly rental income, or $29,100 annually, this property offers an opportunity for investors seeking an established rental investment. The building offers functional living spaces, updated electrical boxes, and opportunities for cosmetic improvements. Tenants pay their own electricity and heating expenses, while the owner covers water, sewer, and trash services. Whether you're looking to begin your investment journey or add another income-producing property to your portfolio, this four-unit rental property is worth a look!

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Listing Snapshot
Price 
$189,000
Days On Site 
0 Days
Bedrooms 
6
Inside Area (SqFt) 
1,412 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.25 Acres
Year Built 
1930
MLS® Number 
2435644
Status 
Active
Property Tax 
$993
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
5 hours agoListing first seen on site
9 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.25
Sewer 
Public Sewer
Utilities 
Natural Gas Available
Water Source 
Public
Zoning 
Commercial, Multi-Family
Interior Features
Cooling 
Window Unit(s)
Flooring 
ConcreteLaminate
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Exterior Features
Construction Details 
Block
Listing courtesy of Holly Deem of Cleland Realty inc.



Listing information is provided by Participants of the Athens County Board of Realtors MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Athens County Board of Realtors MLS.
Data last updated at: 2026-10-14 11:13 PM UTC

Neighborhood & Commute
Source: Walkscore
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