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Central Lima Homes for Sale

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  • 974 Richie Ave, Lima, OH 45805
    974 Richie Ave, Lima, OH 45805
    974 Richie Ave, Lima, OH 45805
    /43

    $186,000

    • 3 Beds
    • 1.5 Baths
    • 1,464 Sq Ft

    974 Richie Ave, Lima, OH 45805

    Don't miss this classic 2 story home centrally located in Lima near the hospital, school, and short distances from shopping, food, and entertainment!3 bedroom, 1.5 bath home newly updated kitchens, baths, windows, roof, paint,A/C, and tasteful decor!Check out the attached tour to see this unique home!

    Jennifer Stemen Superior Plus Realtors

    974 Richie Ave, Lima, OH 45805
  • 982 W Wayne St, Lima, OH 45805
    982 W Wayne St, Lima, OH 45805
    /2

    $25,000

    • 2 Beds
    • 1 Bath
    • 1,184 Sq Ft

    982 W Wayne St, Lima, OH 45805

    Investor special, sold as-is. May be purchased as a package with 722 N Elizabeth St, 1103 Franklin St, 774 W Wayne St, 717 E Albert St, 638 S Harrison Ave and721 E Albert St. No sign.

    JOSHUA MANGINI Superior Plus Realtors

    982 W Wayne St, Lima, OH 45805
  • 618 Woodward Ave, Lima, OH 45805
    618 Woodward Ave, Lima, OH 45805
    618 Woodward Ave, Lima, OH 45805
    /9

    $119,900

    • 3 Beds
    • 1 Bath
    • 1,190 Sq Ft

    618 Woodward Ave, Lima, OH 45805

    Welcome to your dream home, exquisitely remodeled to perfection! Embrace year-round comfort with a brand-new furnace and air conditioning system, ensuring the perfect indoor climate regardless of the weather. Enjoy uninterrupted hot water and enhanced energy efficiency with a top-of-the-line water heater. Your home is safeguarded by a durable, freshly replaced roof built to withstand the harshest

    Tim Stanford Superior Plus Realtors

    618 Woodward Ave, Lima, OH 45805
  • 508 N Collett St, Lima, OH 45805
    508 N Collett St, Lima, OH 45805
    508 N Collett St, Lima, OH 45805
    /23

    $69,000

    • 3 Beds
    • 1 Bath
    • 945 Sq Ft

    508 N Collett St, Lima, OH 45805

    Investors! Look at this great value add property, great ARV- ready for your updates! This Conventional style 3 bedroom, one full bath home offers a space with a great layout, nice sized yard and lots of potential! The main level offers nice hardwood floors in entryway, living room and dining room! Large kitchen offers space for a dinette area! The second level has 3 nice sized bedrooms and a full

    Leilani Bowersock Coldwell Banker Schmidt Realty

    508 N Collett St, Lima, OH 45805
  • 1120 Richie Ave, Lima, OH 45805
    1120 Richie Ave, Lima, OH 45805
    1120 Richie Ave, Lima, OH 45805
    /5

    $125,000

    • 3 Beds
    • 1 Bath
    • 1,884 Sq Ft

    1120 Richie Ave, Lima, OH 45805

    Lindsay McDonald Oakridge Realty & Auction Co.

    1120 Richie Ave, Lima, OH 45805
  • 1027 Brice Ave, Lima, OH 45805
    1027 Brice Ave, Lima, OH 45805
    /2

    Call for Price

    • 6 Beds
    • 2 Baths
    • 1,684 Sq Ft

    1027 Brice Ave, Lima, OH 45805

    This duplex is perfect for established landlords or someone looking to buy their first investment property. The duplex was built in 1910 and each unit has 3 bedrooms, 1 bath. The structure has a total of 1684 square feet of living space in the two units combined. Selling subject to tenants' rights. No interior inspection available. Online bidding only. Bidding ends at 5:45 pm December 17, 2025.

    Rob Gamble Bee Gee Realty & Auction Company

    1027 Brice Ave, Lima, OH 45805
  • 1023 Leland Ave, Lima, OH 45805
    1023 Leland Ave, Lima, OH 45805
    1023 Leland Ave, Lima, OH 45805
    /59

    $245,000

    • 5 Beds
    • 2 Baths
    • 2,349 Sq Ft

    1023 Leland Ave, Lima, OH 45805

    CONTINGENT UPON SELLERS FINDING SUITABLE HOUSING! Step into this stunning Victorian home, filled with timeless charm and character. From the moment you walk through the door, you're greeted by rich woodwork, original details, and the kind of craftsmanship that simply can't be replicated today. Featuring 4-5 spacious bedrooms, 2 full baths, a walk-up attic, and gorgeous pocket doors, this home

    Lisa Cummins LPT Realty

    1023 Leland Ave, Lima, OH 45805
  • 1023 Brice Ave, Lima, OH 45805
    1023 Brice Ave, Lima, OH 45805
    /2

    Call for Price

    • 3 Beds
    • 1 Bath
    • 1,440 Sq Ft

    1023 Brice Ave, Lima, OH 45805

    This house will appeal to landlords and flippers alike. This home was built in 1915 and has 3 bedrooms, 1 bathroom and contains 1440 square feet of living space. A single car detached garage is on the property along with a metal carport. Selling subject to tenants' rights. No interior inspections available. Online bidding only. Bidding ends at 5:30 pm December 17, 2025.Visit Bee Gee Realty

    Rob Gamble Bee Gee Realty & Auction Company

    1023 Brice Ave, Lima, OH 45805
  • 745 Richie Ave, Lima, OH 45801
    745 Richie Ave, Lima, OH 45801
    745 Richie Ave, Lima, OH 45801
    /25

    $154,900

    • 3 Beds
    • 1 Bath
    • 1,338 Sq Ft

    745 Richie Ave, Lima, OH 45801

    Step inside this beautifully refreshed home featuring newer windows, updated drywall, and a bright, clean interior throughout. The convenience of mail floor laundry makes everyday living easy, while major upgrades like electrical, plumbing, furnace & A/C give you peace of mind for years to come. You'll love the remodeled kitchen, which is semi-opened to the dining area ~ perfect for gatherings,

    Eric Lowry EXP Realty-Dublin

    745 Richie Ave, Lima, OH 45801
  • 1206 Rice Ave, Lima, OH 45805
    1206 Rice Ave, Lima, OH 45805
    1206 Rice Ave, Lima, OH 45805
    /18

    $145,000

    • 3 Beds
    • 1 Bath
    • 1,643 Sq Ft

    1206 Rice Ave, Lima, OH 45805

    Welcome to this updated 3 bed / 1 bath home located on the NW side of Lima. The large living room is perfect for entertaining or relaxing after a long day. The updated basement provides extra space for the holiday decor, or the large laundry room you've always wanted! Minutes away from shopping, dining and entertainment, this house is move in ready for you to call home!

    Olivia Gauche CCR Realtors

    1206 Rice Ave, Lima, OH 45805
Ohio Allen County Lima Central Lima

Real Estate & Homes for Sale in Central Lima, Lima

Why Live in Central Lima
Central Lima is known for its affordable housing and favorable location. The residential grid features narrow sidewalks and lots averaging less than one-tenth of an acre. Bungalows and cottages, most of which offer three bedrooms and 1,000 to 1,500 square feet of living space, make up the housing blend. Homes are packed closely together and often lack garages and other amenities, but prices are competitive, and residents are within 1 mile of downtown. Dining options include Ginger Asian Kitchen, Jerry's Deli, Lee's Famous Recipe Chicken and Dairy Queen, and Pappy's Lounge provides an evening karaoke spot. Grocery options are limited to J & E Haitian Caribbean Store and Dollar General for household items. Baxter Park, a small field suitable for picnics, is located immediately west of the neighborhood, while Faurot Park, nearly a mile south, offers a playground, dog-walking paths and skateboarding areas. The neighborhood is somewhat walkable, and Allen County Regional Transit Authority bus routes run along Route 81 and Market Street, offering a 10-minute ride to the city center, about 2 miles away. The same drive takes roughly five minutes by car. Recent improvements have been made to the wastewater treatment system.
Learn more about living in Central Lima

Frequently Asked Questions

Is Central Lima a good place to live?
Central Lima is a good place to live. Central Lima is considered somewhat walkable and somewhat bikeable with minimal transit options. Central Lima has 6 parks for recreational activities. It has a median age of 32. The average household income is $43,029 which is below the national average. College graduates make up 9.6% of residents. A majority of residents in Central Lima are renters, with 58.4% of residents renting and 41.6% of residents owning their home. A local real estate agent serving Central Lima can help you decide if this neighborhood is the right one for you. Learn more on our Central Lima neighborhood guide.
Is Central Lima, OH a safe neighborhood?
Central Lima, OH is less safe than the average neighborhood in the United States. It received a crime score of 5 out of 10.
How much do you need to make to afford a house in Central Lima?
The median home price in Central Lima is $134,900. If you put a 20% down payment of $27,000 and had a 30-year fixed mortgage with an interest rate of 6.22%, your estimated principal and interest payment would be $660 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $28K a year to afford the median home price in Central Lima. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Central Lima is $43K.
What are the best public schools in Central Lima?
The best public schools that serve Central Lima are:
What are the best private schools in Central Lima?
The best private schools that serve Central Lima are:
What are the most popular zip codes in Central Lima, Lima, OH?
The most popular zip codes in Central Lima, Lima, OH include 45805, 45801, 45804, 45806 and 45807.
What are the most popular neighborhoods near Central Lima, Lima, OH?
The most popular neighborhoods near Central Lima, Lima, OH are Eastside Lima, Westgate, Riverside North, Lakewood West and Northside Lima.

Home Trends in Central Lima, OH

On average, homes in Central Lima, Lima sell after 25 days on the market compared to the national average of 53 days. The median sale price for homes in Central Lima, Lima over the last 12 months is $113,750, up 17% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$113,750
Median Single Family Sale Price
$118,000
Median Townhouse Sale Price
$112,500
Average Price Per Sq Ft
$82
Number of Homes for Sale
10
Last 12 months Home Sales
32
Months of Supply
3.80
Median List Price
$134,900
Median Change From 1st List Price
6%
Median Home Sale Price YoY Change
17%
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