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Southside Lima Homes for Sale

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  • 1008 Fairview Ave, Lima, OH 45804
    1008 Fairview Ave, Lima, OH 45804
    1008 Fairview Ave, Lima, OH 45804
    /22

    $40,000

    • 3 Beds
    • 1.5 Baths
    • 1,230 Sq Ft

    1008 Fairview Ave, Lima, OH 45804

    This 3-bedroom, 1.5-bath home offers 1,230 sq ft of living space and is priced at just $40,000, presenting an excellent opportunity for both homeowners and investors.For the owner-occupant, this property provides an affordable path to homeownership with plenty of room to add your own style and updates. With some renovations, it can be transformed into a comfortable and personalized home

    Austin McClain Reafco

    1008 Fairview Ave, Lima, OH 45804
  • 865 E 4th St, Lima, OH 45804
    865 E 4th St, Lima, OH 45804
    865 E 4th St, Lima, OH 45804
    /30

    $159,900

    • 3 Beds
    • 2 Baths
    • 1,500 Sq Ft

    865 E 4th St, Lima, OH 45804

    Step into a beautifully remodeled classic home with modern updates. This charming 3-bedroom, 2-bath residence has been thoughtfully improved and is move-in ready. With approximately 1,500 square feet of finished living space across one and a half stories, the home features a spacious main floor and a partial upper level, providing flexibility for families, guests, or home office use. Originally

    Tim Stanford Superior Plus Realtors

    865 E 4th St, Lima, OH 45804
  • 513 E 4th St, Lima, OH 45804
    513 E 4th St, Lima, OH 45804
    513 E 4th St, Lima, OH 45804
    /7

    $70,750

    • 3 Beds
    • 1 Bath
    • 979 Sq Ft

    513 E 4th St, Lima, OH 45804

    This vacant 3-bedroom, 1-bath single-family home offers approximately 979 sq ft of living space and strong cash flow potential. With the flexibility to set market rent, this property presents an excellent opportunity for investors to generate income from day one. The home features a practical layout and includes off-street parking. Conveniently located near schools, parks, shopping, and major

    Tyler Miller Key Realty

    513 E 4th St, Lima, OH 45804
  • 814 Hope St, Lima, OH 45804
    814 Hope St, Lima, OH 45804
    /2

    $50,000

    • 2 Beds
    • 1 Bath
    • 824 Sq Ft

    814 Hope St, Lima, OH 45804

    Charming 2-Bed, 1-Bath Ranch at 814 Hope StThis cute 2-bedroom, 1-bath ranch features some updated flooring, low-maintenance vinyl siding, and a covered porch perfect for relaxing. Whether you're looking for an investment property or a cozy place to call home, this one has great potential!Bonus Opportunity! This unit can also be purchased as part of the 9-unit real estate

    Shaun Richardson EXP Realty-Dublin

    814 Hope St, Lima, OH 45804
  • 516 Catalpa Ave, Lima, OH 45804
    516 Catalpa Ave, Lima, OH 45804
    /2

    $95,000

    • 3 Beds
    • 1 Bath
    • 1,283 Sq Ft

    516 Catalpa Ave, Lima, OH 45804

    Welcome to 516 Catalpa! This updated 2 story home offers 3 bedrooms, 1 full bath and 1283 sq ft of living area. Perfect starter home or great addition to your rental portfolio! Call your favorite Realtor today to set up a private showing!

    Robbin Clay CCR Realtors

    516 Catalpa Ave, Lima, OH 45804
Ohio Allen County Lima Southside Lima

Real Estate & Homes for Sale in Southside Lima, Lima

Why Live in Southside Lima
Southside Lima is a neighborhood characterized by its mix of early 20th-century homes and mid-century properties, many of which are ripe for renovation. The area features ranch-style, Foursquare, and bungalow homes, with some recently updated to include new carpets and roofs. Residential streets are lined with abundant foliage, sidewalks, and expansive front lawns. The neighborhood is bordered by Cook Park to the north, offering a tree-shaded bike path and playground, and Foundry Park to the south, which includes pathways around a small lake, basketball courts, a baseball diamond, and another playground. Additionally, parks along the Ottawa River with sports facilities and biking trails are just a 5-minute drive away. While dining options are limited, Mama Dot’s Soul Food Kitchen is a community staple, and residents have access to a Dollar General and a Save a Lot supermarket within a short drive. The Southside is connected to downtown Lima via St Johns Avenue, a 5-minute trip, and is served by the Allen County Regional Transit Authority’s buses. The nearest hospital, St. Rita’s Medical Center, is a 9-minute drive away. Schools in the area have average ratings, with Lima Senior High School offering a variety of audition-only music programs.
Learn more about living in Southside Lima

Frequently Asked Questions

Is Southside Lima a good place to live?
Southside Lima is a good place to live. Southside Lima is considered car-dependent and somewhat bikeable with minimal transit options. Southside Lima has 3 parks for recreational activities. It has a median age of 38. The average household income is $43,359 which is below the national average. College graduates make up 0.9% of residents. A majority of residents in Southside Lima are renters, with 60% of residents renting and 40% of residents owning their home. A local real estate agent serving Southside Lima can help you decide if this neighborhood is the right one for you. Learn more on our Southside Lima neighborhood guide.
How much do you need to make to afford a house in Southside Lima?
The median home price in Southside Lima is $64,999. If you put a 20% down payment of $13,000 and had a 30-year fixed mortgage with an interest rate of 6.35%, your estimated principal and interest payment would be $320 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $14K a year to afford the median home price in Southside Lima. The average household income in Southside Lima is $43K.
What are the best public schools in Southside Lima?
The best public schools that serve Southside Lima are:
What are the best private schools in Southside Lima?
The best private schools that serve Southside Lima are:
What are the most popular zip codes in Southside Lima, Lima, OH?
The most popular zip codes in Southside Lima, Lima, OH include 45804, 45801, 45805, 45806 and 45807.
What are the most popular neighborhoods near Southside Lima, Lima, OH?
The most popular neighborhoods near Southside Lima, Lima, OH are Dr. Martin Luther King, Jr., Fifth Ward, Riverside North, Eastside Lima and Central Lima.

Home Trends in Southside Lima, OH

On average, homes in Southside Lima, Lima sell after 21 days on the market compared to the national average of 52 days. The median sale price for homes in Southside Lima, Lima over the last 12 months is $60,000, up 26% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$60,000
Median Single Family Sale Price
$60,000
Average Price Per Sq Ft
$62
Number of Homes for Sale
5
Last 12 months Home Sales
13
Months of Supply
4.60
Median List Price
$64,999
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
26%
How to Buy a Home How to Finance a Home How to Sell a Home

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