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Central Lima Mobile Home for Sale

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    $25,000

    • 3 Beds
    • 1 Bath
    • 1,175 Sq Ft

    527 Woodward Ave, Lima, OH 45805

    LIST PRICE IS THE STARTING BID: LIVE AUCTION: Auction Date: May 24th at 11:30 AM (Doors Open at 10:30 AM) Live Auction Location: 1920 Roschman Ave, Lima, OH 45804 Part of a 55+ Property Investment Portfolio! Offers are encouraged prior to the auction — seller reserves the right to accept an offer before auction day. This property has a market rent estimated at $1,177 — strong cash flow potential

    Tyler Miller Key Realty

    527 Woodward Ave, Lima, OH 45805

Why Live in Central Lima

Central Lima features gridded residential streets with narrow sidewalks and lots averaging less than one-tenth of an acre. The neighborhood is characterized by bungalows and cottages, typically offering three bedrooms and ranging between 1,000 and 1,500 square feet. Homes are closely spaced, often lacking attached garages and other amenities, but are competitively priced and located within 1 mile of downtown. Dining options include Ginger Asian Kitchen, Jerry’s deli, Lee’s Famous Recipe Chicken, and Dairy Queen, with Pappy’s Lounge providing 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. Central Lima’s schools, including Heritage Elementary, Lima North Middle, Lima West Middle, and Lima Senior High, have average ratings. The neighborhood is somewhat walkable with bus routes from the Allen County Regional Transit Authority running along Route 81 and Market Street, making the 2-mile bus ride to the city center about 10 minutes or a 5-minute drive by car. The area has no immediate environmental concerns, and recent improvements have been made to the wastewater treatment system.

Home Trends in Central Lima, OH

Housing Trends

Median Sale Price
$101,250
Median Single Family Sale Price
$70,000
Median Townhouse Sale Price
$165,000
Average Price Per Sq Ft
$59
Number of Homes for Sale
29
Last 12 months Home Sales
40
Months of Supply
8.70
Median List Price
$81,000
Median Change From 1st List Price
7%
Median Home Sale Price YoY Change
3%
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