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Investment - Homes for Sale in Lima, OH

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  • /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
  • /22

    $125,000

    • 2 Beds
    • 1 Bath
    • 720 Sq Ft

    557 W Ashton Ave, Lima, OH 45801

    Welcome home to this adorable and cozy 2-bedroom, 1-bath property that's full of charm. The functional layout offers comfortable living spaces, while the fenced backyard provides a private outdoor retreat...perfect for relaxing, entertaining, or pets. Whether you're a first-time buyer, downsizing, or looking for a great investment, this home is ready to welcome its next owner.

    Lisa Cummins LPT Realty

    557 W Ashton Ave, Lima, OH 45801
  • /4

    $86,000

    • 3 Beds
    • 1.5 Baths
    • 1,100 Sq Ft

    812 Christopher Dr, Lima, OH 45801

    You won't want to miss out on this unique 3 bedroom, 1.5 bath, with a large loft located upstairs to become your own or as an investment property with endless potential situated on a double parcel and offering over an acre of spacious land! Great location, in Bath school district close to food and shopping! The large barn on the property can be used for so many different things as it holds strong

    Kayla Boss CCR Realtors

    812 Christopher Dr, Lima, OH 45801
  • /2

    $3,500,000

    • 2 Beds
    • 1 Bath
    • 816 Sq Ft

    2275 N Cable Rd Unit 43 Unit Package, 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

    Jeremy Huebner Binkley Real Estate- Wapakoneta

    2275 N Cable Rd Unit 43 Unit Package, Lima, OH 45807
  • /13

    $69,500

    • 3 Beds
    • 1 Bath
    • 1,392 Sq Ft

    406 Ewing Ave, Lima, OH 45801

    Investors! Look at this value add investment project property ready for your renovations! This 3 bedroom, one full bath home offers 1392 square feet on a 50 x 112 lot! Quiet street, nice lot! Great space! Improvements include: hot water tank and newer furnace! Roof year unknown but in good shape! Priced to sell, no seller financing! Ask us about the OTHER 16 value add properties for sale in the

    Leilani Bowersock Coldwell Banker Schmidt Realty

    406 Ewing Ave, Lima, OH 45801
  • /14

    $149,000

    • 3 Beds
    • 2 Baths

    504 S Shawnee St, Lima, OH 45804

    Prime Investment Opportunity Steps from Lima Memorial Hospital. Maximize your portfolio with this high-performing income property generating more than $15,000 in annual net income, this unique setup offers immediate cash flow in a location second to none for rental demand. Situated within easy walking distance of Lima Memorial Hospital, this well maintained property is perfectly positioned to

    Tim Stanford Superior Plus Realtors

    504 S Shawnee St, Lima, OH 45804
  • /16

    $67,000

    • 3 Beds
    • 1 Bath
    • 1,264 Sq Ft

    725 E Vine St, Lima, OH 45804

    Investors! Look at this value add investment project property ready for your renovations! This 3 bedroom, one full bath home offers 1264 square feet on a 61 x 61 partially fenced in lot! Improvements include: Some drywall work started property cleaned out- ready for your finishing touches and renovations! Priced to sell, no seller financing. Ask us about the OTHER 16 value add properties for sale

    Leilani Bowersock Coldwell Banker Schmidt Realty

    725 E Vine St, Lima, OH 45804
  • /2

    $23,900

    • 2 Beds
    • 1 Bath
    • 1,008 Sq Ft

    963 Greenlawn Ave, Lima, OH 45804

    This single family home in Lima, Ohio offers 1,008 square feet of living space on a 0.11-acre lot. Built in 1920, this two-story property features 2 bedrooms and 1 bathroom. The home is currently vacant and has been taken down to the studs, providing a blank slate for your custom renovation or investment vision. The property sits on a crawl space foundation and has a newer roof that was replaced

    Seth Dawson eXp Realty LLC

    963 Greenlawn Ave, Lima, OH 45804
  • /19

    $85,000

    • 3 Beds
    • 2 Baths
    • 1,708 Sq Ft

    503 N Charles St, Lima, OH 45805

    Investors! OR Homeowners that love a remodeling project! Look at this value add investment project property or home ready for your creative renovations! This 3 bedroom, TWO full bath home offers 1708 square feet on a 50 x 72 lot! Improvements include: Newer siding, gutters, updated electrical panel, furnace and hot water tank! Priced to sell, no seller financing. Great hardwood floors on main

    Leilani Bowersock Coldwell Banker Schmidt Realty

    503 N Charles St, Lima, OH 45805
  • /6

    $215,000

    • 4 Beds
    • 2 Baths
    • 2,176 Sq Ft

    2113 Kimberly Dr, Lima, OH 45805

    Great investment opportunity in the desirable Elida School District! This well-located duplex offers immediate cash flow with strong upside potential. Unit 2113 currently rents for $725/month and unit 2115 rents for $625/month, with tenants paying all utilities.The area shows high rental demand and room for rent increases, making this a solid option for investors looking to add value over

    Dylan Byers Cowan, Realtors

    2113 Kimberly Dr, Lima, OH 45805
  • /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
  • /15

    $112,000

    • 3 Beds
    • 1 Bath
    • 1,400 Sq Ft

    922 N Jefferson St, Lima, OH 45801

    Look at this turnkey investment property at 922 N Jefferson in Lima, Ohio! This 3 bedroom, one full bath home has 1400 square feet and ready for new owner! Cash tenant at $1100/month plus pays gas/electric! Updates include: Siding, carpet throughout the home, interior paint, ceilings redone, ceiling fans, LVP flooring in kitchen, hot water tank, full bathroom renovation with new LVP

    Leilani Bowersock Coldwell Banker Schmidt Realty

    922 N Jefferson St, Lima, OH 45801
  • /14

    $69,500

    • 3 Beds
    • 1 Bath
    • 1,404 Sq Ft

    615 N Collett St, Lima, OH 45805

    Investors! Look at this value add investment project property ready for your renovations! This 3 bedroom, one full bath home offers 1404 square feet on a 40 x 86 lot! Plenty of space! Quiet Street! Priced to sell, no seller financing. Ask us about the OTHER 16 value add properties for sale in the area that are similar and can be bundled for purchase in groups or portfolio! AS IS. Great area and

    Leilani Bowersock Coldwell Banker Schmidt Realty

    615 N Collett St, Lima, OH 45805
  • /2

    $148,000

    • 5 Beds
    • 2 Baths
    • 2,711 Sq Ft

    705 W Elm St, Lima, OH 45801

    Great investment opportunity. Duplex currently leased.

    Lindsay McDonald Oakridge Realty & Auction Co.

    705 W Elm St, Lima, OH 45801
  • /37

    $2,500,000

    • 42 Beds
    • 30 Baths

    1212 Bellefontaine Ave, Lima, OH 45804

    Welcome to 1212 Bellefontaine Avenue! This turnkey investment property features 30 totally remodeled units! 12 of which are 2 bedroom units and 18 of which are 1 bedroom units. This brick building had a remodel completed in 2025 and is ready for new ownership! Every unit has new floors, paint, bathrooms, and appliances. Community laundry room with coin machines, fitness room, low vacancy & a

    Dalton Brenner Berkshire Hathaway Professional Realty

    1212 Bellefontaine Ave, Lima, OH 45804
  • /13

    $64,000

    • 2 Beds
    • 1 Bath
    • 1,211 Sq Ft

    919 N Main St, Lima, OH 45801

    Investors! Look at this value add investment project property ready for your renovations! This 2 bedroom, one full bath home offers 1211 square feet on a large 50 x 280 lot! Improvements include: Newer siding, gutters, and hot water tank! Priced to sell, no seller financing! Detached 2 car garage! Ask us about the other 16 value add properties for sale in the area that are similar and can be

    Leilani Bowersock Coldwell Banker Schmidt Realty

    919 N Main St, Lima, OH 45801
  • /23

    $147,000

    • 3 Beds
    • 1 Bath
    • 1,066 Sq Ft

    1407 Latham Ave, Lima, OH 45805

    Check out this adorable 3 bed, 1 bath home. Conveniently located to UNOH, restaurants and shopping. This is a great starter home, if you are looking to downsize or an investment property. All new carpet last year and refinished hardwood floor last year. Roof is scheduled to be put replaced soon! Seller is also offering a 1 Year Warranty.Call your Agent to schedule your private showing today.

    JODI CARTAGENA CCR Realtors

    1407 Latham Ave, Lima, OH 45805
  • /36

    $146,500

    • 3 Beds
    • 1.5 Baths
    • 1,664 Sq Ft

    426 S Baxter St, Lima, OH 45801

    Look at this lovely home for sale! Great home or investment! Move right in! This 1664 square foot Conventional home with 3 bedrooms, and 1.5 baths is fully renovated and beautiful! The main level offers an open layout kitchen with dinette area and pantry, charming dining room, Living room area and lots of storage! Private back patio access! The second level offers 3 nice sized bedrooms and a

    Leilani Bowersock Coldwell Banker Schmidt Realty

    426 S Baxter St, Lima, OH 45801
  • /24

    $89,000

    • 4 Beds
    • 2 Baths
    • 1,952 Sq Ft

    1323 W Elm St, Lima, OH 45805

    Investors! Duplex! Look at this value add investment project property ready for your renovations! This 4 bedroom, 2 full bath Duplex offers 91952 square feet on a long 48 x 203 lot! Improvements include: Newer siding, gutters, kitchen cabinets, tile flooring, and hot water tank! Year on Roof and mechanics unknown but in good order. Down unit in decent condition, Up unit in need of full

    Leilani Bowersock Coldwell Banker Schmidt Realty

    1323 W Elm St, Lima, OH 45805
  • /13

    $110,000

    • 3 Beds
    • 1 Bath

    1330 Essex Dr, Lima, OH 45804

    Currently be leased with tenant great investment property. Great neighborhood, close to schools, shops and interstate. 4th bedroom in basement. Large, partial fenced in yard for your outdoor activities. Appointment Only 24 hr. notice; Lockbox

    Zachery Kohli Superior Plus Realtors

    1330 Essex Dr, Lima, OH 45804
  • /12

    $69,500

    • 3 Beds
    • 1 Bath
    • 960 Sq Ft

    816 N Baxter St, Lima, OH 45801

    Investors! Look at this value add investment project property ready for your renovations! This 3 bedroom, one full bath home offers 960 square feet on a 40 x 100 lot! Improvements include: Newer siding, gutters, kitchen cabinets, tile flooring, and hot water tank! Priced to sell, no seller financing. Ask us about the other 16 value add properties for sale in the area that are similar and can be

    Leilani Bowersock Coldwell Banker Schmidt Realty

    816 N Baxter St, Lima, OH 45801

Home Trends in Lima, OH

Housing Trends

Median Sale Price
$175,000
Median Single Family Sale Price
$167,500
Median Townhouse Sale Price
$148,000
Median 2 Bedroom Sale Price
$321,000
Average Price Per Sq Ft
$118
Number of Homes for Sale
76
Last 12 months Home Sales
311
Months of Supply
2.90
Median List Price
$175,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
10%
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