$287,000
SOLD JUL 14, 2025

201 E Lima St Findlay, OH 45840

4 Beds
3 Baths
3,330 Sq Ft
5,001 Sq Ft Lot

Recently Sold

$86 Per Sq Ft

7% Below List Price

240 Days on Market

Highlights

  • No HOA
  • 1 Car Attached Garage
  • Forced Air Heating System
  • Covered Patio or Porch
  • Window Unit Cooling System
  • Utility Room

About This Home

As of July 2025

Welcome to the multifaceted investment opportunity at 201 E Lima St, Findlay, OH, 45840. This property is a savvy investor's dream, featuring a triplex of units A, B, and C, each with its unique charm and earning potential. With all three units already generating substantial rental income—unit A at $900 unit B at $1,000 and unit C at $1,150 per month, this is a turnkey operation ready for cash flow.

Unit A, positioned on the main floor, boasts luxury vinyl flooring and a suite of modern conveniences, including a refrigerator, electric stove, and a new vent-less washer/dryer. Its bedroom is complemented by a walk-in shower bathroom, with soft-close cabinets, GFCI outlets, and laminate countertops that add to the unit's practical elegance.

Unit B, also on the main floor, features a decorative fireplace, plush carpeting in the living area and bedroom, with luxury vinyl in the kitchen. The kitchen itself is a vision of convenience with ample storage and a covered back porch that beckons for relaxation. The bathroom is finished with a walk-in shower and a stylish vanity, elevated by luxury vinyl flooring.

The second-story Unit C is a spacious retreat with 2 bedrooms and 1 bath. It offers an updated kitchen equipped with a gas stove, refrigerator, garbage disposal, and an expansive living room accented with built-in storage. Brand new washer & Dryer. Laminate and vinyl flooring provide durability and ease of maintenance.

Each unit is fitted with gas forced heat, and the tenants are responsible for their electric and gas bills. The owner thoughtfully covers water expenses, enhancing tenant appeal. With 3 gas water heaters located in the basement, practicality is at the heart of this triplex.

Whether you're an investor seeking immediate cash flow or a buyer looking to reside in one unit while leasing the others, 201 E Lima St presents a unique and profitable venture. Don't miss out on this exceptional Findlay, OH.

Last Agent to Sell the Property

Shaun Richardson

EXP Realty-Dublin License #2016001186 Listed on: 02/03/2025

EXP Realty-Dublin

Co-Listed By

Megan Richardson

EXP Realty-Dublin License #2024004146

Last Buyer's Agent

Non Member

Non-member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,077

Year Built

  • Built in 1900

Lot Details

  • 5,001 Sq Ft Lot
  • Lot Dimensions are 50 x 100

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 3,330 Sq Ft Home
  • 2-Story Property
  • Utility Room
  • Washer and Dryer Hookup
  • Unfinished Basement
  • Block Basement Construction

Kitchen

  • Oven
  • Range
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for water
  • Assessor Parcel Number 560000178370
  • $4 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Electric Expense $100
  • Fuel Expense $60
  • Water Sewer Expense $90

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,077

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Lot Size: 50 x 100
  • Co List Office Mls Id: wca.o658009351
  • Architectural Style: 2 Story
  • Unit Levels: Two
  • Year Built: 1900
  • Location Property Info:Zoning2: Residential
  • General Property Info:Lot Size Square Feet: 5001.0
  • General Property Info:FEMA Flood Zone YN: No
  • General Property Info:Private Pool YN: No
  • Tax Info:Parcel _pound_: 560000178370
  • Tax Info:Tax Annual Amount: 2077.0
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • General Property Info:Basement YN: Yes
  • Foundation:Block2: Yes
  • General Property Info:Lot Size Dimensions: 50 x 100
  • General Property Info:Enhanced Accessible: No
  • General Property Info:Land Lease YN: No
  • Utilities:Natural Gas Available: Yes
  • General Property Info:_pound_ Of Units Total: 3
  • Unit 1 Info Sq Ft: 969
  • Cooling:Window Unit(s): Yes
  • Tax Info:Tax Other Annual Assessment Amount2: 4.0
  • Levels:Two2: Yes
  • Financial Details:Electric Expense: 100.0
  • Financial Details:Fuel Expense: 60.0
  • Financial Details:Water Sewer Expense: 90.0
  • Utilities:Water Connected: Yes
  • Utilities:Electricity Connected: Yes
  • Unit 1 Info:Furnished YN: No
  • Unit 1 Features:Oven2: Yes
  • Unit 2 Info:Furnished YN2: No
  • Unit 2 Features:Oven3: Yes
  • Location Property Info:Lease Term3: 12 Months
  • Unit 3 Info:Furnished YN3: No
  • Unit 3 Features:Oven4: Yes
  • Roof:Asphalt3: Yes
  • Owner Pays:Water2: Yes
  • Unit 2 Features:Patio3: Yes
  • Unit 3 Features:Disposal4: Yes
  • Architectural Style 2 Story: Yes
  • Special Features: None

Interior Features

  • Owner Pays: Water
  • Has Basement: Block, Concrete, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Basement:Unfinished: Yes
  • Basement:Concrete3: Yes
  • Unit 1 Features:Range2: Yes
  • Unit 1 Features:Refrigerator2: Yes
  • Unit 2 Features:Range3: Yes
  • Unit 2 Features:Refrigerator3: Yes
  • Unit 1 Features:Dryer Hookup: Yes
  • Unit 1 Features:Washer Hookup: Yes
  • Unit 2 Features:Dryer Hookup2: Yes
  • Unit 2 Features:Washer Hookup2: Yes
  • Unit 3 Features:Range4: Yes
  • Unit 3 Features:Refrigerator4: Yes
  • Unit 2 Features:Utility Room2: Yes
  • Unit 3 Features:Dryer Hookup3: Yes
  • Unit 3 Features:Washer Hookup3: Yes
  • Unit 3 Features:Utility Room3: Yes
  • Basement:Block3: Yes

Exterior Features

  • Construction Type: Brick, Vinyl Siding
  • Foundation Details: Block
  • Patio And Porch Features: Covered, Patio, Porch
  • Roof: Asphalt
  • Construction Materials:Vinyl Siding: Yes
  • Patio Porch Features:Covered: Yes
  • Patio Porch Features:Porch: Yes
  • Construction Materials:Brick: Yes
  • Patio Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage
  • General Property Info:Garage Spaces: 1.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Unit 1 Info:Parking Total3: 1
  • Unit 2 Info:Parking Total4: 1
  • Unit 3 Info:Parking Total5: 2

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Available, Water Connected
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Location Property Info:AssociationYN: No

Fee Information

  • Annual Water Sewer Expense: 90.0

Schools

  • Junior High Dist: Findlay

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5001.0
  • Parcel #: 560000178370
  • Zoning Description: Residential

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Gas, Electricity

Multi Family

  • Number Of Units Total: 3
  • Electric Expense: 100.0

Tax Info

  • Tax Annual Amount: 2077.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2025
Closed on
Jul 14, 2025
Sold by
Woolley Austin
Bought by
Jennings Stephen and Jennings Camila
Seller's Agent
Shaun Richardson
EXP Realty-Dublin
Buyer's Agent
Non Member
Non-member Office
List Price
$310,000
Sold Price
$287,000
Premium/Discount to List
-$23,000
-7.42%
Views
92
Current Estimated Value
$285,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,199
Avg. Annual Appreciation
-1.66%
Original Mortgage
$215,250
Outstanding Balance
$213,762
Interest Rate
5.97%
Mortgage Type
New Conventional
Estimated Equity
$72,039

Purchase Details

Closed on
Mar 23, 2023
Sold by
Mint Homes Llc
Bought by
Woolley Austin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,647
Interest Rate
6.12%
Mortgage Type
VA

Purchase Details

Closed on
Mar 18, 2020
Sold by
Mikro Prperties Ltd
Bought by
Mint Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
3.4%
Mortgage Type
Commercial

Purchase Details

Closed on
May 31, 2018
Sold by
Lindox Ltd
Bought by
Mikro Properties Ltd

Purchase Details

Closed on
Oct 25, 2006
Sold by
Scanland Shirley M and Scanland Charles E
Bought by
Doxsey Robert E

Purchase Details

Closed on
May 28, 1993
Bought by
Scanland C E

Purchase Details

Closed on
Jun 3, 1987
Bought by
Forest Corey T and Forest Kimberly
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $287,000 None Listed On Document
Warranty Deed $287,000 None Listed On Document
Warranty Deed -- Whitman Title
Warranty Deed $135,000 Assured Title Agency
Warranty Deed -- None Available
Fiduciary Deed $90,500 None Available
Deed -- --
Deed $55,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $215,250 New Conventional
Closed $215,250 New Conventional
Previous Owner $255,647 VA
Previous Owner $108,000 Commercial
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2025 07/14/25 Sold $287,000 -4.3% $86 / Sq Ft
05/24/2025 05/24/25 Pending -- -- --
04/03/2025 04/03/25 Price Changed $300,000 -3.2% $90 / Sq Ft
02/03/2025 02/03/25 For Sale $310,000 +8.0% $93 / Sq Ft
02/01/2025 02/01/25 Off Market $287,000 -- --
12/04/2024 12/04/24 For Sale $310,000 0.0% $93 / Sq Ft
10/29/2024 10/29/24 Pending -- -- --
09/26/2024 09/26/24 For Sale $310,000 -- $93 / Sq Ft
Source: West Central Association of REALTORS® (OH)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,091 $57,370 $4,970 $52,400
2023 $2,077 $57,370 $4,970 $52,400
2022 $2,087 $57,370 $4,970 $52,400
2021 $1,668 $39,930 $4,970 $34,960
2020 $1,668 $39,930 $4,970 $34,960
2019 $1,635 $39,930 $4,970 $34,960
2018 $1,427 $31,940 $3,970 $27,970
2017 $713 $31,940 $3,970 $27,970
2016 $1,414 $31,940 $3,970 $27,970
2015 $1,201 $26,700 $3,400 $23,300
2014 $1,201 $26,700 $3,400 $23,300
2012 $1,622 $35,750 $3,400 $32,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: West Central Association of REALTORS® (OH)

MLS Number: 305238

APN: 56-0000178370