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Explore Similar Apartments Within 2 Miles of Central Lima, OH

  • /2

    $55,000

    • 4 Beds
    • 2 Baths

    325 N McDonel St, Lima, OH 45801

    Welcome to 325 N McDonel Street, a spacious duplex in the heart of Lima, Ohio, offering 2,003 square feet of living space and a prime opportunity for investors or owner-occupants. This two-unit property features a total of four bedrooms and two full bathrooms, providing flexibility for rental income or multi-generational living. Recent updates include new gutters and porch repair, enhancing

    Agent Photo

    Connie Thompson

    Superior Plus Realtors

    (419) 670-6172

    325 N McDonel St, Lima, OH 45801
  • /2

    $950,000

    • 45 Beds
    • 15 Baths

    14 House Package, Lima, OH 45804

    Nice group of 14 rental properties available as a package. Includes 13 single-family homes, 1 duplex, and 1 vacant lot. The portfolio produces an average rent of approximately $671.67 per unit, with total monthly rent around $10,075.Two tenants have been in place long-term—one for about 18 years and another for about 14 years. Most leases are currently on month-to-month terms, giving

    Agent Photo

    HEATHER GAUS

    Cowan, Realtors

    (419) 933-9942

    14 House Package, Lima, OH 45804
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    $100,000

    • 3 Beds
    • 2 Baths
    • 1,826 Sq Ft

    616 N Elizabeth St, Lima, OH 45801

    616 N Elizabeth- first floor unit- 2 bedrooms 1 bath. Upstairs unit- 1 bedroom 1 bath. List of updates available upon request. Total rental income $1210. Please contact your realtor for more information!

    Kelly Martino Superior Plus Realtors

    616 N Elizabeth St, Lima, OH 45801
  • /7

    $100,000

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

    939 N West St, Lima, OH 45801

    939 N West Street- first floor unit 2 bedrooms 1 bath. Upstairs unit- 1 bedroom 1 bath. List of updates available upon request. Current rental income is $1560. Please contact your realtor for more information!

    Kelly Martino Superior Plus Realtors

    939 N West St, Lima, OH 45801
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    $140,000

    • 2 Beds
    • 2 Baths
    • 1,776 Sq Ft

    806 Bellefontaine Ave, Lima, OH 45801

    Versatile commercial or residential opportunity! The main level offers a welcoming foyer, a large open office or retail area, two private offices, a kitchenette/breakroom with sink and countertop, and a full bathroom with a tub, tile surround, and touch-light mirror. Laminate flooring throughout the main with carpet in the primary office space. Upstairs has its own private access, a kitchen with

    Shaun Richardson EXP Realty-Dublin

    806 Bellefontaine Ave, Lima, OH 45801
  • /3

    $140,000

    • 11 Beds
    • 5 Baths

    627 Brice Ave, Lima, OH 45801

    Attention investors!! Prime opportunity to own a multi-family property zoned B-2 in an opportunity zone near the heart of Lima. This package includes a fully rented single family home, a four unit building in need of renovation and an extra lot for parking or development. The four-unit property requires a new roof and interior restoration due to storm damage but offers strong upside potential as

    Dave Mayer Hartsock Realty

    627 Brice Ave, Lima, OH 45801
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    $3,500,000

    • 47 Beds
    • 30 Baths
    • 700 Sq Ft

    2275 N Cable Rd, Lima, OH 45807

    Outstanding investment opportunity! This 43-unit condo complex offers a rare chance to own an established income-producing property in a highly desirable Lima location near restaurants, shopping, and major highways. The property features a mix of two-bedroom, one-bath and one-bedroom, one-bath condos--each with a functional layout, individual entrances, and well-maintained interiors. The units

    Jeremy Huebner Binkley Real Estate, LLC

    2275 N Cable Rd, Lima, OH 45807

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
$112,250
Median Single Family Sale Price
$112,250
Median Townhouse Sale Price
$112,500
Average Price Per Sq Ft
$76
Number of Homes for Sale
8
Last 12 months Home Sales
38
Months of Supply
2.50
Median List Price
$125,000
Median Change From 1st List Price
6%
Median Home Sale Price YoY Change
11%
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