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Investment - Homes for Sale in Lima, OH

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  • /23

    $95,000

    $5K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 1,036 Sq Ft

    1417 W Wayne St, Lima, OH 45805

    Looking for an affordable home with plenty of space and room to make it your own? This single-story home offers a surprisingly spacious layout with large living and dining areas, original hardwood flooring that adds character, and plenty of natural light throughout. The kitchen features white cabinetry, ample storage, and appliances, while the convenience of main-floor laundry makes everyday

    Agent Photo

    Shaun Richardson

    EXP Realty-Dublin

    1417 W Wayne St, Lima, OH 45805
  • /26

    $225,000

    $25K PRICE DROP
    • 7 Beds
    • 3 Baths

    1063 W West Market St, Lima, OH 45805

    Well-maintained tri-plex investment opportunity with all three units curently occupied, providing immediate rental income. Units 1 & 2 each feature 3 bedrooms and 1 full bath, currently renting for $1,000 per month per unit. Unit 3 offers 1 bedroom and 1 full bath with current rent at $700 per month. Property owner pays water, sewer, trash, and snow removal. Each unit has its own designated break

    Agent Photo

    April LaRue

    Cowan, Realtors

    1063 W West Market St, Lima, OH 45805
  • /5

    $65,000

    $8K PRICE DROP
    • 5 Beds
    • 1 Bath
    • 1,586 Sq Ft

    717 S Pine St, Lima, OH 45804

    Discover a unique investment opportunity with this spacious five-bedroom property offering exceptional income potential. Previously operated as a rooming-style rental, the home is currently configured to accommodate multiple tenants, making it an attractive option for investors looking to expand their portfolio. The flexible floor plan also offers possibilities for owner-occupants seeking extra

    Agent Photo

    Samantha Wilch

    Superior Plus Realtors

    717 S Pine St, Lima, OH 45804
  • /29

    $75,000

    • 2 Beds
    • 1 Bath
    • 1,040 Sq Ft

    789 Holly St, Lima, OH 45804

    This 2-bedroom, 1-bath home offers approximately 1,040 square feet on a spacious double lot. Highlights include a rear deck, concrete driveway, utility light pole for backyard illumination, and an insulated 3-car garage. Whether you're searching for your next investment project or a property to renovate and make your own, this one is full of possibilities!

    Agent Photo

    Olivia Miller

    Superior Plus Realtors

    789 Holly St, Lima, OH 45804
  • /32

    $289,900

    • 10 Beds
    • 3.5 Baths

    3 House Package Ln, Lima, OH 45805

    Excellent investment opportunity: a three-property residential portfolio offered as one package for $289,900. 323 Maple Ln is listed as the lead MLS property only. The package includes323 Maple Ln, 419 S Scott St, and 609 N Cole St. This portfolio offers an excellent opportunity for an investor looking to acquire multiple income-producing properties in one transaction. Properties are turnkey

    Agent Photo

    Seth Ciminillo

    Dye Real Estate & Land Company

    3 House Package Ln, Lima, OH 45805
  • /13

    $1,906,460

    • Land
    • 50.17 Acres
    • $38,000 per Acre

    0 Delong Rd Unit 28087743, Lima, OH 45806

    Apx. 50.17 acres of prime Ohio land offering exceptional opportunity and versatility. Located near I-75 at mile marker 120, this property delivers both convenience and strategic positioning for future development, agricultural use, or long-term investment. With approximately 1,625 feet of road frontage along W. Breese Rd., the site provides outstanding visibility and access.The land features

    Ron Spencer Ron Spencer Real Estate, Inc.

    0 Delong Rd Unit 28087743, Lima, OH 45806
  • /8

    $385,000

    • Land
    • 5.82 Acres
    • $66,151 per Acre

    0 Harding Hwy Unit 19317256, Lima, OH 45804

    Approximately 5.82 acres of prime vacant land offered in two parcels along highly traveled Harding Highway in Perry Township, Allen County, Ohio. This exceptional property is commercially zoned, presenting a valuable opportunity for a wide range of business or development uses, while currently being utilized as productive agricultural ground. Its flexible zoning and strategic positioning make it

    Randy Faulder Ron Spencer Real Estate, Inc.

    0 Harding Hwy Unit 19317256, Lima, OH 45804
  • /2

    $45,000

    • 3 Beds
    • 1 Bath
    • 1,960 Sq Ft

    513 N Charles St, Lima, OH 45805

    Attention investors! This three-bedroom, one-bath fixer-upper in Lima, Ohio is ready for a complete transformation. Featuring a one-car garage and plenty of renovation potential, this property could be a great addition to a rental portfolio or your next investment project. Bring your vision and explore the possibilities!

    Jaiden Johnston EXP Realty-Dublin

    513 N Charles St, Lima, OH 45805
  • /31

    $80,000

    $35K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,409 Sq Ft

    854 W Wayne St, Lima, OH 45801

    Looking for a solid addition to your portfolio or your next flip project? This 1914-built traditional two-story home in Lima offers the perfect 'bones' and the most desirable rental configuration: 3 Bedrooms and 2 Full Bathrooms. At 1,409 square feet, this property provides a substantial footprint that is easy to manage but large enough to command top-tier market rents or a strong resale price.

    Kate Shulaw KW Greater Columbus Realty

    854 W Wayne St, Lima, OH 45801
  • /23

    $34,500

    $5K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,537 Sq Ft

    1033 N Central Ave, Lima, OH 45801

    **INVESTOR SPECIAL!**Bring your vision and turn this property into a great investment opportunity. With plenty of potential and room for improvement, this home is ready for someone with the ideas and know-how to make it shine.Whether you're looking for your next rental, flip, or project property, this one is worth a look.

    Rachel Swartz CCR Realtors

    1033 N Central Ave, Lima, OH 45801
  • /2

    $50,000

    • 3 Beds
    • 1 Bath
    • 1,000 Sq Ft

    1126 E Market St, Lima, OH 45804

    Welcome to an incredible investment opportunity! This remarkable single-family income property is ready to be added to your flourishing rental portfolio. Priced to move quickly, this gem promises exceptional returns. Want to build your own package? . Happy to send you a list of the of the available properties allowing you to curate your own lucrative package. Don't miss out on this chance to

    Eric Schomber EXP Realty-Dublin

    1126 E Market St, Lima, OH 45804
  • /24

    $2,650,000

    • 91 Beds
    • 33 Baths

    30 Property Portfolio, Lima, OH 45804

    Stabilized 30-Unit Residential PortfolioExclusive investment opportunity to acquire a robust portfolio of thirty single-family homes. This turn-key acquisition is offered at a purchase price of $2,650,000, representing an efficient entry into the Northwest Ohio market at a price per door of approximately $88,333. The valuation of $2,650,000 aligns with the analyzed market value of

    Tim Stanford Superior Plus Realtors

    30 Property Portfolio, Lima, OH 45804
  • /2

    $62,500

    $3K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 1,513 Sq Ft

    431 N Metcalf St, Lima, OH 45801

    Welcome to an incredible investment opportunity! This remarkable single-family income property is ready to be added to your flourishingrental portfolio. to move quickly, this gem promises exceptional returns. I am pleased to offer you a list of other single-family rentals available, allowing you tocurate your own lucrative package. Don't miss out on this chance to expand your portfolio

    Eric Schomber EXP Realty-Dublin

    431 N Metcalf St, Lima, OH 45801
  • /7

    $142,000

    $6K PRICE DROP
    • 5 Beds
    • 2 Baths
    • 2,711 Sq Ft

    705 W Elm St, Lima, OH 45801

    Investor Opportunity in Lima: Add this spacious Lima duplex to your investment portfolio! This property features two separate units with a combined 5 bedrooms and 2 full bathrooms, offering excellent rental potential and desirable layouts for tenants. The lower unit offers approximately 1,496 sq. ft. with 3 bedrooms and 1 full bathroom. The unit features a spacious floor plan, hardwood flooring,

    Madison Guckes Oakridge Realty & Auction Co.

    705 W Elm St, Lima, OH 45801
  • /3

    $40,000

    • Land
    • 25,264 Sq Ft
    • $68,966 per Acre

    0 Ruth Ave, Lima, OH 45801

    This large lot in Elida School District is just off of Robb Ave. It has been zoned R2, so therefore you can build a multi-family building, You will also receive a 10 year tax abatement of 50% on the improvement, you would apply before occupancy certificate. This is a beautiful wooded lot. So keep the shade trees you want and build your dream home or investment property. Public utilities are

    Dawn Iiames CCR Realtors

    0 Ruth Ave, Lima, OH 45801
  • /23

    $175,000

    $5K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 1,200 Sq Ft

    140 Hartford Ct Unit A, Lima, OH 45805

    BRAND NEW ROOF 2026 Welcome to 140 A Hartford Court! This well maintained 2 bedroom and 2 full bath condo is currently rented, making it a great investment opportunity. Featuring new appliances in the kitchen and wide-open floor plan, the spacious living and kitchen area offers comfortable living and entertaining space. The condo features generous sized bedrooms and walk in closet in the owners

    Dawn Iiames CCR Realtors

    140 Hartford Ct Unit A, Lima, OH 45805
  • /2

    $135,000

    • 4 Beds
    • 2 Baths
    • 1,772 Sq Ft

    1219 W Spring St, Lima, OH 45805

    Great Investment Property! 2 Unit! One unit up and one unit on the first floor!See this Spring St property location and all of its future possibilities in person! Make an appointment today to add to your future portfolio!

    Jennifer Stemen Superior Plus Realtors

    1219 W Spring St, Lima, OH 45805
  • /6

    $680,000

    • 20 Beds
    • 8 Baths

    9 Unit Package, Lima, OH 45805

    9 unit package, 3 duplexs and 3 single family houses. All currently rented. Excellent investment opportunity for someone to acquire 9 units. 854 N. Elizabeth St,,1211 N. Metcalf St. ,942-942 1/2 Rice Ave, 939 Rice Ave., 842-842 1/2 W. Wayne St, 230-234 N. Woodlawn Ave. this provides immediate rental income.

    Dawn Iiames CCR Realtors

    9 Unit Package, Lima, OH 45805
  • /2

    $45,000

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

    919 N Main St, Lima, OH 45801

    This two-bedroom, one-bath home offers a generous yard, a two-car garage, and plenty of possibilities. With a traditional layout and room to personalize, it could be a great addition to an investment portfolio or your next renovation project.

    Jaiden Johnston EXP Realty-Dublin

    919 N Main St, Lima, OH 45801
  • /19

    $285,000

    • 6 Beds
    • 2 Baths
    • 2,612 Sq Ft

    2219 Kimberly Dr, Lima, OH 45805

    Welcome to this solid brick Edgewood Duplex. One side has been updated with new flooring, paint, refrigerator and some new lighting.Each unit has a one car garage. Very large open kitchen, all rooms are large. The backyard gives plenty of room to roam.Live on one side and rent the other or make this part of your investment portfolio.Currently both sides are vacant for easy

    Dawn Iiames CCR Realtors

    2219 Kimberly Dr, Lima, OH 45805
  • /2

    $80,000

    • 2 Beds
    • 1 Bath
    • 1,468 Sq Ft

    1210 E Market St, Lima, OH 45804

    Welcome to an incredible investment opportunity! This remarkable single-family income property is ready to be added to your flourishing rental portfolio. to move quickly, this gem promises exceptional returns. I am pleased to offer you a list of other single-family rentals available, allowing you to curate your own lucrative package. Don't miss out on this chance to expand your portfolio and

    Eric Schomber EXP Realty-Dublin

    1210 E Market St, Lima, OH 45804
  • /37

    $2,400,000

    $100K PRICE DROP
    • 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
  • /4

    $180,000

    • 3 Beds
    • 2 Baths
    • 1,248 Sq Ft

    2317 Harding Hwy, Lima, OH 45804

    Hidden off Harding Hwy! North side, crisp sage green paint , across from Verizon Wireless Business is this 2 story home with a detached 2 car garage needing your personal touch!Great potential investment for rental property in Bath Schools, or just someone's home sweet home!See attached photos for your next possible investment!

    Jennifer Stemen Superior Plus Realtors

    2317 Harding Hwy, Lima, OH 45804
  • /2

    $50,000

    • 3 Beds
    • 1 Bath
    • 1,334 Sq Ft

    670 N West St, Lima, OH 45801

    This three-bedroom, one-bath fixer-upper offer a generously sized lot, and plenty of potential. Bring your renovation ideas and transform this property into a great investment or future home.

    Jaiden Johnston EXP Realty-Dublin

    670 N West St, Lima, OH 45801
  • /26

    $147,900

    $32K PRICE DROP
    • 2 Beds
    • 1.5 Baths
    • 1,036 Sq Ft

    575 Hazel Ave, Lima, OH 45801

    Take a look at this totally remodeled home and is move in ready for the new owners. The is home will quality for FHA, VA or conventional financing. The home offers 2 bedrooms-and a possible nursery, home office or large walk-in closet and 1.5 bathrooms. The bedrooms are located on the 2nd floor with a full bathroom, all new kitchen remodel with new cabinets, countertop, sink, faucet, appliances &

    Tammy Breneman-Cummins Schrader Realty

    575 Hazel Ave, Lima, OH 45801
  • /7

    $30,000

    • Land
    • 1.81 Acres
    • $16,575 per Acre

    000 E 4th St, Lima, OH 45804

    Almost 2 acres of developable land! Land is located in Lima City and zoned R1. Pick up this piece of land and build your home or investment property on it. Could be bought with 1428 S Sugar St also to get additional road access from Sugar St.

    Luke Hatfield Dye Real Estate & Land Company

    000 E 4th St, Lima, OH 45804
  • /5

    $11,500

    $4K PRICE DROP
    • Land
    • 4,791 Sq Ft
    • $104,545 per Acre

    123 Flanders Ave, Lima, OH 45801

    Quietly tucked away this vacant lot offers a great opportunity for investors, builders, or anyone looking to secure affordable land with future potential. Whether you're planning a new build, rental investment, or simply holding land for the future, this parcel offers solid value in an area seeing continued growth and redevelopment. Building plans will convey with the sale, giving buyers a head

    Shane Lambert Howard Hanna - Sidney

    123 Flanders Ave, Lima, OH 45801
  • /29

    $165,000

    $64K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 1,344 Sq Ft

    124 N Nixon Ave, Lima, OH 45805

    CHARMING!French American Tudor, three bedrooms, with old world style, fireplace, walk up attic, garage.This stylish eclectic home sits right off Historic District Market Street Boulevard not far from the Lima Downtown Central District and Hospitals! Great for a local investment property or your cute home sweet home!

    Jennifer Stemen Superior Plus Realtors

    124 N Nixon Ave, Lima, OH 45805
  • /5

    $200,000

    • 2 Beds
    • 1 Bath
    • 1,044 Sq Ft

    655 S Collins Ave, Lima, OH 45804

    Great Investment!This home up to 2500 sq ft of office space resides on a corner lot along 5 additional parcels for sale in the city of Lima near interstate I 75! Past usage has include a financial institution and car lot in previous years! Taxes and assessments, lot dimensions are for address only!Additional parcels included:37-3211-09-012.000, 37-3211-09-013.000, 37-3211-09-014.000,

    Jennifer Stemen Superior Plus Realtors

    655 S Collins Ave, Lima, OH 45804
  • /4

    $35,000

    • Land
    • 23,958 Sq Ft
    • $63,636 per Acre

    613 E Lane Ave, Lima, OH 45801

    Don't miss this incredible opportunity to own three adjoining parcels totaling .55 acres in desirable Bath Township, selling together! This ready-to-build property offers public water, sewer, gas, and electric, making it an excellent opportunity to build your dream home, investment building, expand your property, or enjoy additional recreational space. These parcels offer flexibility to fit your

    Alisha Lynch Merritt Real Estate Professionals

    613 E Lane Ave, Lima, OH 45801
  • /2

    $67,500

    $3K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 960 Sq Ft

    816 N Baxter St, Lima, OH 45801

    Looking for your next investment project? 816 N Baxter St. is ready for a new owner to step in and begin the transformation. This property offers an opportunity for a full remodel, allowing an investor to update the home to fit their investment strategy. With plenty of room to add value through improvements, this could make a worthwhile renovation project for a rental portfolio or future resale.

    Jaiden Johnston EXP Realty-Dublin

    816 N Baxter St, Lima, OH 45801
  • /28

    $100,000

    $35K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 1,728 Sq Ft

    725 N West St, Lima, OH 45801

    Generate rental income while enjoying owner-occupant flexibility in this versatile duplex. Live in one unit and rent the other, or use both units as an investment property. Key features include two separate living spaces, a large fenced-in backyard, cement driveway, attached two-car garage with workshop space, and abundant storage.The first-floor apartment includes 1 bedroom, 1 bath,

    Chris Pocza Cowan, Realtors

    725 N West St, Lima, OH 45801
  • /2

    $74,900

    $10K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 1,198 Sq Ft

    812 S Atlantic Ave, Lima, OH 45804

    This 2-bedroom, 1-bath home is ready for your vision and creativity. Offering solid bones and plenty of opportunity to add value, this property is ideal for investors, flippers, or buyers looking to build equity through renovations.The home features a full basement that has been partially started for conversion into an apartment, creating the potential for additional living space, a guest

    Chris Pocza Cowan, Realtors

    812 S Atlantic Ave, Lima, OH 45804
  • /2

    $60,000

    • 3 Beds
    • 1.5 Baths
    • 1,816 Sq Ft

    817 E Eureka St, Lima, OH 45804

    Calling all investors and renovators! 817 E Eureka St. offers an opportunity to take on a property that's ready for its next chapter. With renovation needed throughout, this home provides a blank slate for an investor looking to remodel, add value, and bring their own vision to the property. Whether you're considering a future rental or resale project, this could be a great addition to your

    Jaiden Johnston EXP Realty-Dublin

    817 E Eureka St, Lima, OH 45804
  • /2

    $120,000

    • 4 Beds
    • 1 Bath
    • 1,352 Sq Ft

    854 N Elizabeth St, Lima, OH 45801

    Nice investment property, currently rented.This is a 4 bedroom 1 full and 1 half bathroom.Updates include new flooring throughout the entire house and new roof over the backporch/laundry room area that has been remodeled.This is part of a 9 unit package also.

    Dawn Iiames CCR Realtors

    854 N Elizabeth St, Lima, OH 45801

Home Price Trends

Median Sale Price
$179,900
Median Single Family Sale Price
$170,000
Median Townhouse Sale Price
$107,500
Median 2 Bedroom Sale Price
$127,500
Average Price Per Sq Ft
$126
Number of Homes for Sale
35
Last 12 months Home Sales
361
Months of Supply
3.60
Median List Price
$179,450
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
7%
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