854 W Wayne St Lima, OH 45801
Central Lima NeighborhoodEstimated payment $589/month
Highlights
- No HOA
- Forced Air Heating System
- Fenced
- Porch
- Combination Dining and Living Room
- Carpet
About This Home
Looking for a solid addition to your portfolio or your next flip project? This 1914-built traditional two-story home in Lima offers the perfect 'bones' and the most desirable rental configuration: 3 Bedrooms and 2 Full Bathrooms. At 1,409 square feet, this property provides a substantial footprint that is easy to manage but large enough to command top-tier market rents or a strong resale price. This home features low-maintenance vinyl siding, allowing you to focus your renovation budget where it matters most--the interior. Investment Highlights: The Layout: A rare 3-bedroom, 2-full bath setup. Having that second bathroom is a significant competitive advantage in the Lima rental market. The Structure: Solid 1914 construction. This is a 'straight and sturdy' house that has stood the test of time, providing a reliable foundation for your updates. The Lot: A surprisingly deep backyard offers massive potential for outdoor living space, garden area, or a secure play space for tenants. Exterior: Vinyl siding in good condition and a shared driveway for off-street access. The Upside: The home is currently a blank canvas. It needs cosmetic TLC and interior modernization, making it the ideal candidate for a BRRRR (Buy, Rehab, Rent, Refinance, Repeat) strategy or a straightforward flip. Location & Potential:
Situated conveniently within the city, you are minutes away from local employment hubs, shopping, and dining. With 3/2 homes in high demand, the 'sweat equity' potential here is significant. Terms:
Property sold As-Is. Bring your contractor and your vision to unlock the immediate equity in this Lima classic - don't let this one slip through the cracks!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $621
Year Built
- Built in 1914
Parking
- 2 Parking Spaces
Home Design
- Block Foundation
- Aluminum Siding
Interior Spaces
- 1,409 Sq Ft Home
- 2-Story Property
- Combination Dining and Living Room
- Unfinished Basement
- Block Basement Construction
Kitchen
- Dinette
- Range
- Laminate Countertops
Flooring
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Utilities
- No Cooling
- Forced Air Heating System
- Gas Water Heater
Additional Features
- Porch
- Fenced
Community Details
- No Home Owners Association
Listing and Financial Details
- Property Available on 4/27/26
- Assessor Parcel Number 36-3605-06-011.000
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $558 | $13,970 | $2,840 | $11,130 |
| 2024 | $594 | $13,970 | $2,840 | $11,130 |
| 2023 | $586 | $13,310 | $2,700 | $10,610 |
| 2022 | $588 | $13,310 | $2,700 | $10,610 |
| 2021 | $621 | $13,310 | $2,700 | $10,610 |
| 2020 | $665 | $12,390 | $2,590 | $9,800 |
| 2019 | $665 | $12,390 | $2,590 | $9,800 |
| 2018 | $663 | $12,390 | $2,590 | $9,800 |
| 2017 | $667 | $12,390 | $2,590 | $9,800 |
| 2016 | $676 | $12,390 | $2,590 | $9,800 |
| 2015 | $689 | $12,390 | $2,590 | $9,800 |
| 2014 | $818 | $15,020 | $2,660 | $12,360 |
| 2013 | $797 | $15,020 | $2,660 | $12,360 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/27/2026 05/27/26 | Price Changed | $99,000 | -13.9% | $70 / Sq Ft |
| 04/27/2026 04/27/26 | For Sale | $115,000 | -- | $82 / 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 | $50,000 | None Listed On Document | |
| Warranty Deed | $9,000 | None Available | |
| Special Warranty Deed | $4,899 | Servicelink Llc | |
| Sheriffs Deed | $10,000 | None Available | |
| Deed | $57,000 | -- | |
| Deed | $19,000 | -- | |
| Deed | -- | -- |
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 |
|---|---|---|---|
| Previous Owner | $42,750 | New Conventional | |
| Previous Owner | $26,381 | New Conventional |
Source: West Central Association of REALTORS® (OH)
MLS Number: 310061
APN: 36-36-05-06-011.000
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Ask me questions while you tour the home.