$275,000
SOLD APR 24, 2025

6 Unit Real Estate Package Lima, OH 45805

Eastside Lima Neighborhood
12 Beds
6 Baths
-- Sq Ft
-- Built

Recently Sold

77% Below List Price

161 Days on Market

Highlights

  • 2-Story Property
  • Covered patio or porch
  • Baseboard Heating
  • No HOA
  • Forced Air Heating System

About This Home

As of April 2025

Check out this fantastic 6-unit real estate investment opportunity. These Superior properties have 4 rented out and 2 vacant properties currently. Even with these vacancies, the property delivers a solid cap rate of 8%. By renting the vacant units and raising rents to market levels, the cap rate could climb. Whether you're just starting out as a landlord or expanding your portfolio, this is a tremendous opportunity. Reach out today to explore this promising investment!

Last Agent to Sell the Property

Shaun Richardson

EXP Realty-Dublin License #2016001186 Listed on: 10/04/2024

EXP Realty-Dublin

Co-Listed By

Eric Schomber

EXP Realty-Dublin License #2020007677

EXP Realty-Dublin

Last Buyer's Agent

Eric Schomber

EXP Realty-Dublin License #2020007677

EXP Realty-Dublin

Property Details

Home Type

  • Multi-Family

Parking

  • 7 Car Garage

Home Design

  • 2-Story Property
  • Block Foundation
  • Asphalt Roof
  • Stucco

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Baseboard Heating

Additional Features

  • Crawl Space
  • Covered patio or porch

Community Details

  • No Home Owners Association
  • 15 Units

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • The owner pays for water
  • Assessor Parcel Number Various

Property Details

Home Type

Multi-Family

Lot Details

0

Parking

7

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Co List Office Mls Id: wca.o658009351
  • Directions: All showing will require a letter of intent or an accepted offer. Tenants rights apply.
  • Architectural Style: 2 Story, Ranch
  • Unit Levels: One, Two
  • Location Property Info:Zoning2: Multi-Family
  • General Property Info:FEMA Flood Zone YN: No
  • General Property Info:Private Pool YN: No
  • Tax Info:Parcel _pound_: Various
  • Architectural Style:Ranch: Yes
  • Sewer:Public Sewer: Yes
  • Levels:One: Yes
  • Water Source:Public: Yes
  • Foundation:Block2: Yes
  • General Property Info:Enhanced Accessible: No
  • General Property Info:_pound_ Of Units Total: 15
  • Unit 1 Info Sq Ft: 896
  • Levels:Two2: Yes
  • Utilities:Water Connected: Yes
  • Utilities:Electricity Connected: Yes
  • Unit 1 Info:Furnished YN: No
  • Location Property Info:Lease Term3: 12 Months
  • Roof:Asphalt3: Yes
  • Owner Pays:Water2: Yes
  • Foundation:Crawl Space2: Yes
  • Special Features: None

Interior Features

  • Owner Pays: Water
  • Full Bathrooms: 6
  • Total Bedrooms: 12

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 7.0
  • Parking Features: Varies by Unit
  • General Property Info:Garage Spaces: 7.0
  • Parking Features:Varies by Unit2: Yes

Utilities

  • Cooling: See Remarks
  • Heating: Forced Air, Baseboard, Natural Gas, Other
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Water Connected
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Other10: Yes
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Location Property Info:AssociationYN: No

Schools

  • Junior High Dist: Lima

Lot Info

  • Parcel #: Various
  • Zoning Description: Multi-Family

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Number Of Units Total: 15

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2025 04/24/25 Sold $275,000 -8.1% --
03/14/2025 03/14/25 Pending -- -- --
03/14/2025 03/14/25 Price Changed $299,200 -66.0% --
03/06/2025 03/06/25 Price Changed $880,000 -11.6% --
11/27/2024 11/27/24 Price Changed $995,000 -17.1% --
10/04/2024 10/04/24 For Sale $1,200,000 -- --
Source: West Central Association of REALTORS® (OH)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Shaun Richardson

    Seller's Agent in 2025

    Shaun Richardson

    EXP Realty-Dublin

    (419) 302-9343

    1 in this area

    211 Total Sales

    Shaun Richardson
    Section Image
  • Eric Schomber

    Seller Co-Listing Agent in 2025

    Eric Schomber

    EXP Realty-Dublin

    (866) 212-4991

    8 in this area

    221 Total Sales

    Eric Schomber
    Section Image
See All Agents

Map

Source: West Central Association of REALTORS® (OH)

MLS Number: 305338

Ohio Allen County Lima 45801 Eastside Lima

6 Unit Real Estate Package, Lima, OH

This home is located at 6 Unit Real Estate Package, Lima, OH 45805 and is currently priced at $275,000. 6 Unit Real Estate Package is a home located in Allen County with nearby schools including Independence Elementary School, Lima North Middle School, and Lima West Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes