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Central Lima Multifamily Home for Sale

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    $99,900

    • 3 Beds
    • 2 Baths

    1036 W High St, Lima, OH 45805

    Duplex located steps from St. Rita's. 1038 currently vacant. 2 bedroom, 1 bathroom with basement 966 sq.ft. 1036 occupied 1 bedroom, 1 bathroom, second floor unit rents for $525.00, 630 sq.ft. Sold as-is. Access to Jameson Avenue also. Seller pays water, sewer and trash both units for $106.00 per month.

    Debbie Lane Berkshire Hathaway Professional Realty

    1036 W High St, Lima, OH 45805

About 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

Home Trends

Median Price (12 Mo)
$105,000
Median Single Family Price
$64,000
Median Townhouse Price
$165,000
Average Price Per Sq Ft
$59
Number of Homes for Sale
26
Last 12 months Home Sales
41
Months of Supply
7.60
Median List Price
$82,000
Median Discount From 1st List Price
8%
Median Home Sale Price YoY Change
18%
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