705 W Elm St Lima, OH 45801
Riverside North NeighborhoodEstimated payment $853/month
About This Home
Investor opportunity in Lima -- this duplex offers solid income potential and plenty of space for tenants. The lower unit features approximately 1,496 sq. ft. with 3 bedrooms and 1 full bath. Inside, you'll find a spacious layout, hardwood flooring, an updated bathroom, central air, and gas forced-air heat. Washer and dryer hookups are located in the basement. The downstairs unit currently rents for $1,000 per month. The upper unit, located at 705 1/2 W. Elm St., offers approximately 1,177 sq. ft. with 2 bedrooms and 1 full bath. This unit includes large living spaces, an updated bathroom, washer and dryer hookups near the kitchen area, and electric baseboard heat. The upstairs unit currently rents for $800 per month. Additional features include separate electric panels for each unit, rear parking access for tenants, a newer roof and gutters installed in 2020, and many replacement windows completed in 2019. A great opportunity to expand your investment portfolio with a property that already has strong rental income potential
Listing Agent
Oakridge Realty & Auction Co. License #2009003924 Listed on: 05/18/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1920
Interior Spaces
- 2,711 Sq Ft Home
- 2-Story Property
- Basement
- Block Basement Construction
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Utilities
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 36-3609-07-003.000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $949 | $25,170 | $2,910 | $22,260 |
| 2024 | $947 | $25,170 | $2,910 | $22,260 |
| 2023 | $1,026 | $23,980 | $2,770 | $21,210 |
| 2022 | $1,031 | $23,980 | $2,770 | $21,210 |
| 2021 | $1,094 | $23,980 | $2,770 | $21,210 |
| 2020 | $816 | $15,510 | $1,610 | $13,900 |
| 2019 | $816 | $15,510 | $1,610 | $13,900 |
| 2018 | $813 | $15,510 | $1,610 | $13,900 |
| 2017 | $819 | $15,510 | $1,610 | $13,900 |
| 2016 | $830 | $15,510 | $1,610 | $13,900 |
| 2015 | $765 | $15,510 | $1,610 | $13,900 |
| 2014 | $765 | $13,970 | $1,650 | $12,320 |
| 2013 | $745 | $13,970 | $1,650 | $12,320 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/29/2026 07/29/26 | Price Changed | $142,000 | -4.1% | $52 / Sq Ft | |
| 05/18/2026 05/18/26 | For Sale | $148,000 | +74.1% | $55 / Sq Ft | |
| 04/09/2021 04/09/21 | Sold | $85,000 | +21.4% | $32 / Sq Ft | View Prior Sale |
| 03/27/2021 03/27/21 | Pending | -- | -- | -- | |
| 03/24/2021 03/24/21 | For Sale | $70,000 | -- | $26 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $75,000 | None Available | |
| Quit Claim Deed | $21,700 | None Available | |
| Survivorship Deed | $13,500 | Attorney | |
| Deed | $16,197 | -- | |
| Deed | $19,400 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $498,959 | Credit Line Revolving | |
| Closed | $60,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $34,500 | Credit Line Revolving |
Source: West Central Association of REALTORS® (OH)
MLS Number: 310281
APN: 36-36-09-07-003.000
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