The thought of living in a city center might evoke a sense of pricey homes or nightmarish traffic. Or both. But in Central Lima, neither is case. “It’s one of the top five neighborhoods in Ohio for affordable housing,” says Realtor Veronica Fox of Superior Plus Realtors. “It’s still a seller’s market, but Lima has very affordable homes compared to other cities, and even other states.” Buyers can get a three-bedroom home for under $200,000 and have a five-minute commute to work while still being in the heart of the city. Surprisingly, First Street gives the community a “calm” score for the lack of noise pollution. Its residential streets are a short drive from any needs, and the bus follows a straightforward route across town that lasts 10 minutes at most.
Central Lima is located in the city of Lima, just south of Findlay.
Central Lima is a quiet residential community situated just outside downtown Lima.
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Affordable cottages and bungalows
Central Lima’s gridded residential streets feature the occasional narrow sidewalk. Lots are average less than one-tenth of an acre. Bungalows and cottages are the norm here, averaging three bedrooms and between 1,000 and 1,500 square feet. Because the space between these homes is minimal, attached garages and other amenities are rare. That said, these homes are competitively priced, considering they are at most 1 mile away from downtown. Buyers can snag a fixer-upper for as little as $30,000 or a turnkey property for $215,000 on the high end.
Central Lima has several housing options including cute bungalows.
The residents of Central Lima take great care in the upkeep of their homes and landscaping.
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The bus is quite convenient
Central Lima’s residential streets are “somewhat walkable,” per First Street. The Allen County Regional Transit Authority serves the neighborhood, with bus routes running along Route 81 and Market Street towards the city center. The 2-mile bus ride lasts about 10 minutes. Otherwise, the drive takes just five minutes by car.
A bite to eat along Woodland Avenue
Sit-down restaurants are less prevalent here, but two do appear at the Woodland Avenue and Route 81 intersection. Residents can have a meal at Ginger Asian Kitchen or Jerry’s, the local deli. There’s also a Lee’s Famous Recipe Chicken and a Dairy Queen for quick bites. Pappy’s Lounge is a good spot for evening karaoke over drinks. Groceries are more difficult to come by, with the nearest being the J & E Haitian Caribbean Store on Spring Street, which sells dry goods, canned products and bottled beverages. Dollar General is also close by for household items.
Lulu's Diner is a breakfast staple for the residents of Central Lima.
Reservation Alley is a husband and wife owned quaint coffee shop in Central Lima.
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Small parks are close by
Immediately west of the neighborhood sits Baxter Park, a small field fit for a picnic or reading a book. For other options, residents will have to look outside the neighborhood. One such spot is Faurot Park, nearly a mile south of the community. Park Drive encircles the green space where people walk their dogs. Kids can explore the playground while teens skateboard the perimeter. There are also two ball dugouts at either end.
Baxter Park is a quaint park in the center of the residential neighborhoods of Lima.
Faurot Park is the perfect place to bring the kids for an afternoon on the playground.
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Attending class in Central Lima
Students can attend Heritage Elementary, rated C by Niche. Fifth through eighth grades are divided across two middle schools, Lima North Middle and Lima West Middle, which both get a C-minus from Niche. Lima Senior High rounds out the list with a C-plus and offers CTE and English Language Learning programs.
Lima's wastewater
Although Central Lima has no immediate environmental concerns from flooding, fires and the like, it did have an issue with wastewater a decade ago. As part of a settlement in 2014 with the federal government over sewage releases into the Ottawa River, the city more than doubled its wastewater treatment capacity while also removing and replacing affected trees along the river. In total, the work cost an estimated $147 million over 10 years. In 2022, the Ohio Water Development Authority granted the city $5.82 million for its wastewater treatment plant.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
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Central Lima Demographics and Home Trends
On average, homes in Central Lima, Lima sell after 41 days on the market compared to the national average of 55 days. The median sale price for homes in Central Lima, Lima over the last 12 months is $114,000, up 2% from the median home sale price over the previous 12 months.
Huge investment opportunity!! With 2,554 square feet of living space, this spacious home offers plenty of room to create an amazing property. Featuring 3 bedrooms plus a versatile fourth room that could serve as an additional bedroom, office, or den. There is also additional bathroom plumbing on the second story that is not completed. The main floor includes convenient laundry, while original
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
Excellent investment opportunity featuring an 8-unit residential portfolio across five properties, offered together as one package for $500,000. The list price reflects the entire portfolio. The package includes 609 N Cole St, 323 Maple Ln, 332?336 S Pierce St with four 1-bedroom units, 618 Faurot Ave, and 419 S Scott St. The portfolio offers a diverse unit mix consisting of single-family
Welcome to 1472 Feeman Ave in Lima, Ohio! This 2-bedroom, 1-bath ranch offers convenient one-floor living with approximately 936 square feet and plenty of opportunity to make it your own. Inside, you'll find a comfortable living room, kitchen with white cabinetry and tile backsplash, adjoining dining area, central air, and a practical layout. An attached 2-car garage provides convenient parking
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!
Updated and move-in ready! This 3-bedroom, 1-bath home features a remodeled bathroom, updated kitchen with backsplash, fresh paint throughout, new vinyl wood flooring, and new carpet. The main floor offers a bedroom, full bath, and laundry, with two additional bedrooms upstairs plus a flexible space that could serve as a fourth bedroom, office, or playroom. Outside you'll find a stone driveway,
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.
Nice duplex, upstairs is 3 bedrooms and 1 bath, downstairs unit is 4 bedrooms and 1 bath. The upstairs unit has new flooring throughout and bathroom remodeled.Both units are occupied
UNIQUE RESIDENTIAL OR COMMERICAL OPPORTUNITY!This beautifully crafted New Construction property by K+M Contracting offers the rare flexibility to serve as either a residence or commercial space. Already zoned commercial while featuring a complete residential-style layout, this property creates an incredible opportunity for a homeowner, business owner, or investor.Featuring 4
Step into this beautifully crafted 2026 New Construction property by K+M Contracting, thoughtfully designed to offer flexibility, style, and functionality for a variety of uses. Whether you're looking for a distinctive place to call home or a professional space for your business, this property offers an open, adaptable layout with plenty of room to live, work, gather, or entertain.The
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
Two story home in the West side of Lima, This is a 3 bedroom and 1 full bathroom. New vinyl flooring downstairs and a kitchen remodel with oak cabinets and butcher block counters.A new roof is scheduled to be installed.Detached 2 car garage, New furnaceCurently rented
The properties of Joseph Skilken Organization in Lima are a step above the rest. Clean and updated apartment homes afford you a quality place to live at a great price. Excellent locations close to colleges, medical centers, shopping and restaurants with friendly staff to make life easy! Quality and convenience the choice is simple!Royal Jameson is pet friendly! We welcome up to 2 pets in
Welcome to 509 N Rosedale Ave, a beautiful 1 story home located in the desirable neighborhood, walking distance to Baxter Park and multiple public/private schools. This property has undergone a complete renovation. This charming home offers a 3 bed/1 bath.The home includes vinyl LVP water resistant flooring throughout the entire home, equipped with central AC and heater, new electrical
Property Id: 1960094 Welcome to 509 N Rosedale Ave, a beautiful 1 story home located in the desirable neighborhood, walking distance to Baxter Park and multiple public/private schools. This property has undergone a complete renovation. This charming home offers a 3 bed/1 bath. The home includes vinyl LVP water resistant flooring throughout the entire home, equipped with central AC and
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