# 309 S Third St, Racine, OH 45771

> **TL;DR:** 6bd/4ba multi-family, $189,000 ($134/sqft), built 1930, 1,412 sqft.
> A/C. Est. $1,011/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $189,000 |
| Price/sqft | $134 |
| Bedrooms | 6 |
| Bathrooms | 4 full |
| Square Feet | 1,412 |
| Year Built | 1930 |
| Lot Size | 10,890 sqft (0.25 acres) |
| Property Type | Multi-Family (Apartment) |
| Status | Active |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $956 |
| Estimated Insurance | $55 |
| **Total** | **$1,011** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1930
- 0.25 acre lot

## Description

### Agent Description
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!

## Location

- **Address:** 309 S Third St, Racine, OH 45771
- **County:** Meigs
- **Coordinates:** 38.9693947, -81.9166587
- **Google Maps:** https://www.google.com/maps?q=38.9693947,-81.9166587

## Listing Agent

- **Name:** Holly Deem · **License:** SAL.2014003469
- **Brokerage:** Cleland Realty inc.
- **Broker Phone:** (740) 992-2259

## Photos

![309 S Third St - Photo 1](http://lh.rdcpix.com/9ef19b6381480cbbf33795942429a280l-f3781684852r.jpg)

![309 S Third St - Photo 2](http://lh.rdcpix.com/9ef19b6381480cbbf33795942429a280l-f594685173r.jpg)

![309 S Third St - Photo 3](http://lh.rdcpix.com/9ef19b6381480cbbf33795942429a280l-f2079620921r.jpg)

![309 S Third St - Photo 4](http://lh.rdcpix.com/9ef19b6381480cbbf33795942429a280l-f107524133r.jpg)

---

**MLS#:** 2435644 | **Updated:** 2026-10-21
**Source:** listhub

*Copyright © 2026 Athens County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/309-s-third-st-racine-oh-45771-9fd0d13a78ff424ca00b2f2c27230dfd)

---

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