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Southside Lima Multifamily Home for Sale
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.
Home Trends in Southside Lima, OH
On average, homes in Southside Lima, Lima sell after 27 days on the market compared to the national average of 50 days. The median sale price for homes in Southside Lima, Lima over the last 12 months is $60,000, up 30% from the median home sale price over the previous 12 months.
Housing Trends
Median Sale Price
$60,000
Median Single Family Sale Price
$61,750
Average Price Per Sq Ft
$64
Number of Homes for Sale
7
Last 12 months Home Sales
9
Months of Supply
9.30
Median List Price
$67,500
Median Change From 1st List Price
8%
Median Home Sale Price YoY Change
30%