$124,582Average Value$72Average Price per Sq Ft7Homes For Sale
Riverside North sits between riverside parks and downtown Lima
On the north bank of the Ottawa River, Riverside North provides access to waterfront recreation and Lima’s historic downtown. "Market Street is our historical boulevard," says Realtor Seth Ciminillo with the Dye Real Estate & Land Company. "The homes along that street are big old brick houses. It’s a cool area to drive up and down." The local community center continues to bring the Rust Belt community together in the wake of deindustrialization, as renovated properties from the early 20th century point to a city frozen in time. Lower than average property values, together with the neighborhood's vintage charm and proximity to major conveniences, shape Riverside North’s unique appeal.
Beautiful and historic homes give character to Riverside North.
Colonial Revivals offer charm and a distinct look on the streets of Riverside North.
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Vintage homes sell for competitive prices
Much of Lima’s housing stock was built during the city’s industrial heyday in the early 20th century. Riverside North’s streets are full of homes dating from the 1910s to the 1930s, with a smattering of homes from the ’40s and ’50s. Residential architecture ranges from ranch-style homes and bungalows to Dutch Colonials and Foursquares. Many properties need fixing up, presenting an abundance of investment opportunities, while others have been recently renovated with new roofs and flooring. Homes in need of renovation range in price from $22,000 to $87,000, while well-maintained properties have sold for between $97,000 and $250,000. Most of these sale prices are well below the Lima average of $215,000.
Tudor, craftsman and colonial revival are a few examples of houses available in Riverside North.
This Tudor house faces the westward sun on a spring afternoon in Riverside North.
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Downtown dining options are a few blocks north
Though Riverside North is almost entirely residential, retail conveniences are a few blocks from home, with the local Ruler Foods supermarket on the neighborhood’s northern edge. Downtown Lima sits immediately north of the neighborhood, putting a small variety of dining options just around the corner. Closest to home, Old City Prime serves up steak and seafood accompanied by live jazz and blues. The Social House has quickly established itself as a trendy spot for cocktails and meals al fresco.
Old City Prime serves delectable dinners with a side of laughter to Riverside North residents.
The Social House has quickly established itself as a trendy spot for outdoor cocktails across the river from Riverside North.
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Gleeful music programs at Lima Senior High
Students can start at Heritage Elementary School, which receives a C rating from Niche, before attending C-minus Lima North Middle School for fifth and sixth grade and C-rated Lima West Middle School for seventh and eighth. Lima Senior High School, rated C-plus, inspired the hit television series “Glee” with its robust musical programs. Nearly seven audition-only choir programs, as well as five bands and two orchestras, express Lima Senior High's strong musical tradition.
Lima West Middle School is ready for class.
Lima Senior High School has such a strong musical program that the television show “Glee” was set in a fictional Lima counterpart.
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Green spaces along the Ottawa River
Donated to the city in 1935, Faurot Park takes its name from the man who discovered Lima’s wealth of oil and enabled the birth of a successful refining industry. “Faurot Park is probably one of the bigger parks in Lima, and they’ve done a good job redoing their splash pad," Ciminillo says. "People love the baseball diamonds, and people can fish at its three ponds. There’s even a hill for sledding in the winter.” A bridge connects Faurot Park to Collett Street Park, which offers additional space for sports. On the eastern edge of the neighborhood, the YMCA engages the community through swim meets, gymnastics classes and other activities.
Faurot Park has plenty of space to walk your furry friends in Riverside North.
Collett Street Park sits across the Ottawa River from Riverside North and features a river walk and tennis courts.
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Transportation
Riverside North is close to Lima’s everyday essentials. Downtown, the Kindred Hospital and the Lima Refinery are each within a mile. Though most locals opt to drive, the city is also connected by Allen County RTA buses.
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Riverside North Demographics and Home Trends
On average, homes in Riverside North, Lima sell after 24 days on the market compared to the national average of 53 days. The median sale price for homes in Riverside North, Lima over the last 12 months is $110,750, down 29% from the median home sale price over the previous 12 months.
Enjoy $5,000 in seller concessions to help with closing costs, rate buydown—making this already move-in ready Colonial an even better value!Step into this beautifully remodeled 2-story home, blending classic character with modern updates throughout. Upstairs, you'll find three spacious bedrooms, a full bathroom, and access to a cozy second-story outdoor sitting area—perfect for your morning
Step into timeless charm with this beautifully updated 1920s home offering a grand font porch and over 2,400+ sq. ft. of living space. Inside, you'll find a welcoming grand entrance, a formal dining room, spacious living room, climate controlled sunroom, and a newly remodeled kitchen with butler's pantry and convenient half bath. Upstairs features three bedrooms, a full bath, and lots of great
Discover an exceptional opportunity with this property trio, conveniently situated near the central district's recent improvements. It's strategic location presents a promising canvas for a rebuild, offering great proximity to the area's new developments: 129 S. Pine St. vacant lot 0.1687 acre, 139 S. Pine has a one story commercial 9,160 square feet building once rented to the Salvation Army
***What's special***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!Mark Royal is pet friendly! We
Updated 2 bedroom apartment located in the DORA zone in Downtown Lima. Upstairs unit with off street parking. Walking distance to Civic Center, Ampitheater, YMCA, Restaurants, etc. Owner pays W/T/S.
*RENOVATED NOW AVAILABLE* Welcome to the Rosedale Apartments community. Floor plans include two bedrooms and one bath. Location is close to public transportation. Water, sewer and trash included in rent. Washer and dryer hookups. Location is close to public transportation.
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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.
