Dr. Martin Luther King, Jr., Lima Multi-Family Homes & Duplexes for Sale

Explore Similar Apartments Within 2 Miles of Dr. Martin Luther King, Jr., OH

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$65,000
- 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

Connie Thompson

Superior Plus Realtors

(419) 670-6172

325 N McDonel St, Lima, OH 45801
Explore Dr. Martin Luther King, Jr.
/4
$85,000
- 4 Beds
- 2 Baths
128 E Kibby St, Lima, OH 45804

Investment Opportunity!This income-producing duplex features two spacious 2-bedroom, 1-bath units, both currently rented with leases in place through 2027. Begin generating revenue immediately upon ownership—no downtime, no hassle. A smart addition to any investor's portfolio!

ANTWILLA DAVIS Century 21 Sunway Realty-Kenton

128 E Kibby St, Lima, OH 45804
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$564,900
- 22 Beds
- 9.5 Baths
12 Unit Multi Family and Sfh, Lima, OH 45801

This is a 12 unit 9 property portfolio now available for new ownership! With potential to increase rents and condition, this portfolio is priced to sell!

Kate Shulaw KW Greater Columbus Realty

12 Unit Multi Family and Sfh, Lima, OH 45801
/12
$650,000
- 16 Beds
- 8 Baths
500 Nova St, Lima, OH 45804

Here's an opportunity to scale you real estate portfolio with a fully renovated multi-familyproperty. 2ea 4 unit properties that have been completely updated from the studs to themechanicals. All the 2BR 1 Bath townhouse apartments come with appliances, washer/dryers and AC's in the units. This property is turn-key and ready to cashflow on day one. Room for rent growth and appreciation

Dave Mayer Hartsock Realty

500 Nova St, Lima, OH 45804
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$580,000
- 18 Beds
- 10 Baths
9 Unit Real Estate Package, Lima, OH 45804

Attention Investors!We have a 9-unit real estate package featuring 18 bedrooms and 10 bathrooms, generating $6,560 per month in rental income. If you're ready to boost your cash flow and take your investments to the next level, bring us an offer contingent on a satisfactory walkthrough!Don't miss this opportunity—let's make a deal!

Shaun Richardson EXP Realty-Dublin

9 Unit Real Estate Package, Lima, OH 45804
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$110,000
- 4 Beds
- 2 Baths
- 1,380 Sq Ft
727 S Pine St, Lima, OH 45804

Looking for an investment opportunity??This duplex features two units each with 2-bedroom, 1-bath , a 2 car garage and a nice size yard. Leases are month to month , and rents are below market rent.📢 Bonus Opportunity! This unit can also be purchased as part of the 9-unit real estate package currently for sale.Currently rented out for727 Pine - $800727.5 Pine

Shaun Richardson EXP Realty-Dublin

727 S Pine St, Lima, OH 45804
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$79,900
- 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

Ohio Allen County Lima Dr. Martin Luther King, Jr.

Why Live in Dr. Martin Luther King, Jr.

The Dr. Martin Luther King, Jr. neighborhood in Lima features gridded residential streets surrounding a central community park. The area includes small, mid-century cottages and ranch-style homes on compact lots, making it suitable for first-time homebuyers or families seeking either fixer-uppers or move-in-ready properties. Local amenities include Beer Barrel Pizza & Grill, located half a mile west, and Mama Dot’s Soul Food Kitchen on St Johns Avenue. For shopping, residents have access to Dollar General within the neighborhood and a Save A Lot less than 3 miles away, with additional options at the Eastgate Shopping Center. The neighborhood is served by Shawnee Middle, which has a high rating. The community park, sometimes called Foundry Park, offers recreational activities such as fishing, playgrounds, and tennis. For indoor entertainment, residents can drive 5 miles west to the Regal American Mall for a movie. Residents enjoy a short 2.5-mile commute to the city center. The area is not prone to environmental disasters, and recent improvements to the wastewater treatment system have enhanced local infrastructure.

Learn more about living in Dr. Martin Luther King, Jr.

Home Trends in Dr. Martin Luther King, Jr., OH

On average, homes in Dr. Martin Luther King, Jr., Lima sell after 62 days on the market compared to the national average of 52 days. The median sale price for homes in Dr. Martin Luther King, Jr., Lima over the last 12 months is $100,000, up 270% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$100,000

Median Single Family Sale Price

$130,000

Average Price Per Sq Ft

$119

Number of Homes for Sale

Last 12 months Home Sales

Months of Supply

8.00

Median List Price

$150,000

Median Change From 1st List Price

-2%

Median Home Sale Price YoY Change

270%

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Multi-Family Homes & Duplexes for Sale in Dr. Martin Luther King, Jr., Lima