$72,709Average Value$64Average Price per Sq Ft1Home For Sale
A quiet neighborhood in south Lima
The Dr. Martin Luther King, Jr. community, anchored by a park that also honoris the iconic civil-rights leader, straddles the line between acres and acres of rural land and more built-up sections of Lima, Ohio. Housing prices are notably lower here, compared to those in Central Lima and other parts of the state. Adding to the more-spread out vibe, the neighborhood scores nearly the maximum in terms of "calm." Even so, daily commutes into town are straightforward and quick, as is the nearby access to Interstate 75, U.S. Highway 65 and the Eastgate Shopping Center.
Martin Luther King Park has scenic view of nature in Lima.
Dr. Martin Luther King, Jr. is a neighborhood just outside of Lima.
1/2
Lower priced homes fit for improvements
Gridded residential streets border the community park on three sides. Sidewalks run parallel to the neighborhood's asphalt streets, just wide enough for a morning jog. Buyers will find small, mid-century cottages and ranch-style homes on lots averaging less than one-tenth of an acre. Although the inventory is small and homes rarely become available, the area is suitable for first-time homebuyers looking for a fixer-upper or families looking to settle into a turn-key property. Pricing for these varying states of repair ranges from $25,000 to $130,000.
Dr. Martin Luther King, Jr. has very affordable housing for those looking to invest.
Dr. Martin Luther King, Jr. has many historic homes at below average cost.
1/2
Keeping busy on weekends
At the neighborhood’s heart sits the park named for King, though it's sometimes alternatively referred to as Foundry Park. Local kids have options for after-school and weekend recreation, be it fishing in the park’s pond, exploring the playground, or having a tennis match.
The northern half of the park is suitable for picnics or play. For some fun indoors, folks might drive 5 miles west to the Regal American Mall and catch a movie at the theater. “Twenty minutes south of Lima, there’s Wapakoneta, home of the first man on the moon,” says Realtor Sheila Custer of Howard Hanna Real Estate Services of Apollo 11 astronaut Neil Armstrong, adding the city is home to the Armstrong Air and Space Museum.
Faurot Park is the perfect spot to bring the kids to the playground on a sunny afternoon.
Come to Corner Pins in Dr. Martin Luther King, Jr. for a round of duck pin bowling.
1/2
From soul food to big box retailers
Residents of this community must drive a short distance for a sit-down meal. Beer Barrel Pizza & Grill is a half-mile west. This spot serves exactly what its name suggests and in hearty portions. Mama Dot’s Soul Food Kitchen offers comfort food to go along St Johns Avenue. Dollar General is within the neighborhood’s limits, and beyond that, there’s a Save A Lot less than 3 miles up the road. Eastgate Shopping Center is about the same distance to the east for more weekend shopping. Big box retailers such as Big Lots and Gabe’s can be found here.
Big box options such as Costco are available for residents of Dr. Martin Luther King, Jr.
Casa Lu Al in Dr. Martin Luther King, Jr. serves some of the best Italian American fare.
1/2
Attending class in Dr. Martin Luther King, Jr.
Students can attend Perry Elementary, rated B-minus by Niche. They then move to Shawnee Middle, which is rated an A-minus overall. Perry High rounds out the list with a B-minus grade and offers a variety of varsity sports.
Boarding the bus in Lima
Because the neighborhood is directly south of the city center, commuters only have a two-and-a-half mile, 10-minute commute by car. The Allen County Regional Transit Authority is an option, but the bus ride lasts about half an hour.
Dr. Martin Luther King, Jr. offers easy transportation with their bus system.
Dr. Martin Luther King, Jr. is a residential community close to many shopping ammenities.
1/2
Wastewater in Lima
Lima isn’t prone to environmental disasters such as flooding or fires, but it did experience wastewater complications in 2014. Lima settled with the federal government over sewage released into the Ottawa River. Later, the city more than doubled its wastewater treatment capacity while also removing and replacing affected trees along the river. The work cost approximately $147 million over 10 years. In 2022, the Ohio Water Development Authority granted the city $5.82 million toward the further operations of 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.
View GreatSchools Rating Methodology
Interested in learning more about homes in this area?
Reach out to
Seth Ciminillo,
an experienced agent in this neighborhood.
Parks in this Area
Faurot Park
Martin Luther King Park
Lincoln Park
Crime and Safety
1 - Low Crime, 10 - High Crime
Dr. Martin Luther King, Jr.
US
Homicide
7
4
Sexual Assault
5
4
Assault with Weapon
6
4
Robbery
5
4
Burglary
5
4
Motor Vehicle Theft
4
4
Larceny
3
4
Crime Score
5
4
Source: WhatIsMyCrimeRisk.com
Demographics and Home Trends
On average, homes in Dr. Martin Luther King, Jr., Lima sell after 13 days on the market compared to the national average of 47 days. The average sale price for homes in Dr. Martin Luther King, Jr., Lima over the last 12 months is $69,700, down 26% from the average home sale price over the previous 12 months.
This unique property offers lots of potential to any investor. It has over 5 acres, some being wooded, to use for personal or recreational use . It has two homes onone parcel. The smaller home is 1 bed/1bath and the other is 2 bed/1bath. Both houses could use some work. The 2 bedroom house needs electrical and some foundation work. No heating or cooling in either house. On the property is
Interested in learning more about homes in this area?
Reach out to
Seth Ciminillo,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Renters
Demographics
Total Population
1
Median Age
37
Population under 18
100%
Significantly above the national average
23.8%
Population over 65
100%
Significantly above the national average
19.1%
Finances
Average Household Income
$360
Education and Workforce
College Graduates
-18446.3%
Significantly below the national average
34.1%
Advanced Degrees
-194.7%
Significantly below the national average
13.3%
Weather
Annual Precipitation
41''
Average Winter Low Temperature
19°F
Average Summer High Temperature
83°F
Annual Snowfall
12''
Area Factors
Somewhat Bikeable
Bike Score®
31/ 100
Car-Dependent
Walk Score®
24/ 100
Minimal Transit
Transit Score®
22/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
