$77,543Average Value$57Average Price per Sq Ft6Homes For Sale
An old section of Lima facing the effects of deindustrialization
Once the site of the Lima Locomotive Works, Southside Lima has a history intertwined with local industry. Since its manufacturing heyday in the early 20th century, the neighborhood shares some of the socioeconomic struggles faced by other Rust Belt communities as deindustrialization took over Ohio. But lower property values and a promising future make the Southside a viable alternative to Lima’s pricier downtown. “The Southside is getting a lot of redevelopment," says Realtor Seth Ciminillo with the Dye Real Estate & Land Company. "People are going in there to fix up homes and improve housing and living conditions. More and more capital development is hitting Southside Lima.”
Southside Lima is a suburban community located near downtown Lima.
Many of the historic homes in Southside Lima have been renovated.
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Vintage properties offer investment and renovation opportunities
The Southside’s oldest homes were built from 1900 to 1920, although a handful of 1960s and ’70s properties share the streetscape. Ranch-style, Foursquare and bungalow styles remained popular over the years, and the quiet residential streets often feature abundant foliage, sidewalk access and expansive front lawns. Some homes have fallen on hard times and are now in need of renovation; however, with home prices ranging from $15,000 to $112,000, many are ripe for investment opportunities. Other properties were renovated as recently as the early 2020s, featuring new carpets, new roofs and other upgrads.
Foursquares in Southside Lima are a popular option for residents.
Residents of Southside Lima have plenty of housing options including refurbished homes.
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Grocery options are just 5 minutes away
Southside sits about a mile and a half from downtown’s retail scene, and it does not share the diverse dining options of neighborhoods closer to the urban core. Apart from the local Dollar General, residents can make the 5-minute drive to the Save a Lot supermarket.
Come to Winans Coffee and Chocolate in Southside Lima for a sweet treat and an espresso drink.
There are plenty of chain retail options in Southside Lima such as Dollar General.
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Two parks offer space for outdoor recreation
The Southside is bordered by green spaces on two sides. Cook Park to the north includes a tree-shaded bike path and a playground. To the south, Foundry Park has pathways that loop around a small lake and connect to three basketball courts, a baseball diamond and a playground. The Southside is also just a 5-minute drive from parks along the Ottawa River, where sports facilities and riverside biking trails are open to the public.
Cook Park is a great spot to play shoot hoops with friends.
Foundry Park - 7
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Students learn in a musical atmosphere at Lima Senior High
“The Southside is in Lima’s school district, which has a really good sports program. This year, they had a great basketball team that went far,” Ciminillo says. Students start their education at Unity Elementary School, which receives a C rating from Niche. Lima North Middle School scores a C-minus and Lima West Middle School a C. Lima Senior High School, which scores a C-plus, has a wide selection of audition-only music programs, from a jazz band to men's and women’s choruses. The school’s musical tradition was made famous by the hit television series “Glee,” although the name of the high school was changed for the show.
Unity Elementary School is a public school in the city of Lima, Ohio.
Lima Senior High School is a public high school located in Lima, Ohio.
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Keeping safe in Southside
With a CAP Index score of 5, Southside Lima has a slightly higher risk of crime than national numbers, including a risk of violent crime double the national average. The Lima Police Department engages with the community through the “Safety City” youth program and a BikeGuard registry to protect bicycles from being stolen.
Health care and downtown Lima just a short drive away
The Southside connects to downtown Lima via St Johns Avenue, which offers a 5-minute trip into the heart of the city. The neighborhood is also served by the Allen County Regional Transit Authority’s buses. The nearest hospital, St. Rita’s Medical Center, is a 10-minute drive.
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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Southside Lima Demographics and Home Trends
On average, homes in Southside Lima, Lima sell after 101 days on the market compared to the national average of 55 days. The median sale price for homes in Southside Lima, Lima over the last 12 months is $37,000, down 38% from the median home sale price over the previous 12 months.
Opportunity awaits! Own your own 0.433-acre parcel and start bringing your vision to life. If you're dreaming of building, investing, or planning for the future, land is always a smart place to start, and they're not making any more of it. City water, sewer, and natural gas are available.
13 house package in Lima! This is an investors dream! All properties are currently rented and over half are long term tenants with most of these on a month to month basis allowing future management flexibility. Package includes (1) 4 bedroom home, (11) 3 bedroom homes and (1) 2 bedroom home. Call today for more information on income and expenses. See attached list of addresses.
Welcome to this beautifully renovated home in Lima! This property has been completely updated from top to bottom, offering modern finishes while maintaining its charm and character. Featuring a fresh, move-in-ready interior with updated flooring, paint, fixtures, and thoughtful improvements throughout, this home is ready for its new owner. Enjoy a functional layout with peace of mind of having
Updated 2-bedroom home with the potential to convert back to a 3-bedroom by reinstalling a wall. The kitchen features butcher block countertops and bar seating. Bathroom is updated with tile shower and modern fixture. New flooring is installed throughout. Upstairs living area offers ample space and includes a sliding door leading to a deck. The partially finished basement offers a TV room, office
Welcome to 1100 St. Johns Ave. This 4 bedroom, 1 bath home is full of character and ready for your personal touch. Large covered front porch, spacious dining room with original hardwood floors and 1st level master bedroom. Partial basement and 1 car attached garage with tons of additional parking spaces. Sitting on a huge yard with two lots, this property offers plenty of outdoor space for
Almost 2 acres of developable land! Land is located in Lima City and zoned R1. Pick up this piece of land and build your home or investment property on it. Could be bought with 1428 S Sugar St also to get additional road access from Sugar St.
Local Logic measures the walkability, access to public transit and bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.
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.
