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Explore Similar Apartments Within 2 Miles of Central Lima, OH

  • /2

    $900,000

    • 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 flexibility

    Agent Photo

    HEATHER GAUS

    Cowan, Realtors

    (419) 933-9942

    14 House Package, Lima, OH 45804
  • /2

    $49,500

    • 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
  • /4

    $90,000

    • 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
  • /9

    $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
  • /57

    $125,000

    • 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
  • /2

    $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 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.

Home Trends in Central Lima, OH

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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