854 W Wayne St Lima, OH 45801
Central Lima NeighborhoodEstimated payment $587/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
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 | $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
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 |
|---|---|---|---|---|
| 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 | $62,574 | FHA |
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.