$84,303Average Value$65Average Price per Sq Ft3Homes For Sale
Lima's spirit comes alive on its Eastside
Historically a marshy frontier town, a manufacturing hub and a post-industrial Rust Belt city, the city of Lima has a long and varied history dating back to the 1830s. Eastside Lima tells the story of the wider city through its historic downtown section, its preserved wetlands and its early-to-mid-20th century housing stock. “There’s a lot of new development happening in downtown Lima," says Realtor Seth Ciminillo with the Dye Real Estate & Land Company. "They’re continuing to develop the central district and bring capital development to the area.” An artistic and retail-focused southern tier meets with a nature-heavy and primarily residential northern section to provide residents with a balance of downtown recreation and outskirt tranquility.
Eastside Lima is a growing community located right next to downtown Lima.
Buttonbush Wetlands Preserve has a beautiful boardwalk that overlooks the forest and wetlands.
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Vintage homes line Eastside's sparse streets
Lima’s oil-producing and industrial heydays during the early 20th century led to a massive homebuilding boom, and the Eastside may come across as being frozen in time due to its abundance of vintage residences. Many of the Eastside’s properties date from 1900 to the 1920s and from the 1950s to 1970s, two periods of Midwestern industrial growth. Ranch-style homes and Foursquare houses have dominated the local housing market for over a century, retaining an old-timey charm. However, old age often correlates with a need for renovation. Homes can sell for between $34,000 and $470,000, the condition of the house playing a central role in creating this broad range. North of Schoonover Park, most streets feature an abundance of greenery and lawn space while lacking sidewalks. Homes closer to downtown Lima often have sidewalk access and much fewer neighboring properties.
Contemporary ranch homes are a popular option for residents of Eastside Lima.
Historic homes line the streets of Eastside Lima near downtown.
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Recreation centers around a 25-acre lake
The 69-acre Schoonover Park has served as the Eastside’s center of natural recreation since its donation to the city in 1937. The southern end of the lake is home to the park’s basketball court and a tree-shaded playground, while waterside pathways form a loop and run past the Lima Astronomical Society’s public observatory. Trails also lead from this park to the Ottawa Metro Park well beyond the Eastside’s northeast corner.
Schoonover Park has scenic views in the city of Lima.
Schoonover Park in Lima has a wonderful observatory right along the lake.
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Glee music is thriving at Lima's high school
Eastside’s students may start their education at Independence Elementary School, which receives a C rating from Niche. Middle schoolers go on to attend the C-minus-rated Lima North Middle School from grades 5-6 and the C-rated Lima West Middle School from grades 7-8. Though the popular television series “Glee” may have been set in a fictional Lima high school, the C-plus-rated Lima Senior High School has robust musical programs of its own, including several choirs, a marching band and even jazz and symphonic bands.
Independence Elementary is a public elementary school that houses students Pre-K through grade 4.
Lima North Middle School houses students grades 5 and 6 with a student teacher ration of 12 to 1.
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Easy access to Lima's conveniences
As Lima’s economy is largely focused on local services like retail and healthcare, major conveniences are easily accessible from Eastside. Kindred Hospital is less than a 2-mile journey down North Street, while the Lima Mall is less than 4 miles up State Route 309. Most residents drive, although the Allen County Regional Transit Authority (ACRTA) operates bus routes within the city.
Lima Mall in Eastside Lima has plenty of shopping options including department stores such as JC Penney.
Kindred Hospital is part of the Mercy Health System in Eastside Lima.
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A small retail scene in a historic downtown
The Eastside may derive its name from its location along Lima’s eastern boundaries, but a significant section cuts into the heart of the city. The four-block stretch between Central Avenue and West Street is home to a small retail scene that combines boutique shops with local restaurants. Kewpee Hamburgers has been in business since 1928, serving up little pieces of Lima history with each patty. “The brand-new Spring and Main development has duckpin bowling and entertainment options, an Italian restaurant and even a really nice taco place with rooftop seating and a bar," says Ciminillo. "That development is great for this area.” Old City Prime provides an upscale atmosphere for diners who desire musical accompaniment to their meals. “Two blocks over from Old City Prime, you have the Central District, a collection of three buildings with different restaurants like the Social House, a shared coworking space, and a mixed-use development building that has a chocolate shop, coffee shop, and a bakery," Ciminillo says. "It’s a really cool building that’s been redeveloped.” Ruler Foods, together with local markets like Corner Grocery, sit within blocks of Eastside’s downtown and residential areas alike.
KewPee is a local favorite for burgers in Eastside Lima.
Corner Pins in Eastside Lima has a bar as well as a duckpin bowling alley.
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
Schoonover Park
Robb Park Playground
Crime and Safety
1 - Low Crime, 10 - High Crime
Eastside Lima
US
Homicide
8
4
Sexual Assault
6
4
Assault with Weapon
7
4
Robbery
6
4
Burglary
6
4
Motor Vehicle Theft
5
4
Larceny
4
4
Crime Score
6
4
Source: WhatIsMyCrimeRisk.com
Eastside Lima Demographics and Home Trends
On average, homes in Eastside Lima, Lima sell after 29 days on the market compared to the national average of 49 days. The median sale price for homes in Eastside Lima, Lima over the last 12 months is $80,000, up 16% from the median home sale price over the previous 12 months.
Attention Investors!We have a 9-unit real estate package featuring 18 bedrooms and 10 bathrooms, generating $6,200 per month in rental income. If you're ready to boost your cash flow and take your investments to the next level, bring us an offer contingent on a satisfactory walkthrough!Don't miss this opportunity—let's make a deal!
LIST PRICE IS THE STARTING BID: LIVE AUCTION: Auction Date: May 24th at 11:30 AM (Doors Open at 10:30 AM) Live Auction Location: 1920 Roschman Ave, Lima, OH 45804 Part of a 55+ Property Investment Portfolio! Offers are encouraged prior to the auction — seller reserves the right to accept an offer before auction day. This property has a market rent estimated at $1,177 — strong cash flow potential
LIST PRICE IS THE STARTING BID: LIVE AUCTION: Auction Date: May 24th at 11:30 AM (Doors Open at 10:30 AM) Live Auction Location: 1920 Roschman Ave, Lima, OH 45804 Part of a 55+ Property Investment Portfolio! Offers are encouraged prior to the auction — seller reserves the right to accept an offer before auction day. This property has a market rent estimated at $1,177 — strong cash flow potential
Welcome Home to Town Square Apartments. Located in Downtown Lima.62+ community and/ or disabled (as defined by HUD)We are an elderly (62 or older), and/ or disabled (as defined by HUD) community with laundry on site, elevator, close parking, and located right downtown. Our apartment homes offer new plank flooring in the kitchen and bathroom and are all freshly painted. We have
Experience urban luxury at the Metro Center of Lima, a newly renovated loft-style apartment complex that opened its doors in 2021. Housed in a historic bank building from the early 1900s, this exclusive residence features 33 lofts on the 2nd to 5th floors, with a first-floor business arcade.The 1 and 2-bedroom lofts showcase an industrial aesthetic with terrazzo floors, exposed brick
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
1,690
Median Age
42
Population under 18
23.3%
On par with the national average
23.8%
Population over 65
19%
On par with the national average
19.1%
Finances
Median Household Income
$30,205
Significantly below the national average
$71,702
Average Household Income
$38,993
Education and Workforce
High School Graduates
78.1%
College Graduates
5.8%
Significantly below the national average
34.1%
Advanced Degrees
3.3%
% Population in Labor Force
48.1%
Below the national average
65.1%
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®
40/ 100
Car-Dependent
Walk Score®
24/ 100
Minimal Transit
Transit Score®
19/ 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.
