309 S Third St. Income-producing investment opportunity in Racine, Ohio! 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. 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. This four-unit rental property is worth a look!
Active
$189,000
309 S 3rd St, Racine, OH 45771
6beds
4baths
--sqft
Multi Family, Multi-Family Units, Fixer Upper, Investment Property (Rental), Apartment, 4+ Units
Built in 1930
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
One studio apartmentFunctional living spacesUpdated electrical boxes
- 2 hours
- 22
- 3
Zillow last checked:
Listing updated:
Listed by:
Holly Deem (740)804-7090,
Cleland Realty inc.
Source: Athens County BOR,MLS#: 2435644
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Other, Wall Heater
Cooling
- Window Unit(s)
Features
- Flooring: Laminate, Concrete
Interior area
- Total structure area: 0
Property
Features
- Exterior features: Garden
Lot
- Size: 0.25 Acres
Details
- Parcel number: 1900484000,190048900
- Zoning description: Multi-Family, Residential: R-1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Multi-Family Units, Fixer Upper, Investment Property (Rental), Apartment, 4+ Units
Materials
- Concrete Block, Unknown/Other
- Foundation: Concrete Block
- Roof: Architectural Shingle
Condition
- Year built: 1930
Utilities & green energy
- Electric: Power: AEP
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Internet-Wireless, Natural Gas Connected, Contact Utility Company
Community & HOA
Location
- Region: Racine
Financial & listing details
- Annual tax amount: $993
- Date on market: 11/3/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 11/3/2026 | Listed for sale | $189,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment




