Courtesy: Superior Plus Realtors
419-222-3040
616 N Elizabeth- first floor unit- 2 bedrooms 1 bath. Upstairs unit- 1 bedroom 1 bath. List of updates available upon request. Total rental income $1210. Please contact your realtor for more information!
Courtesy: Binkley Real Estate, LLC
419-738-3232
Outstanding investment opportunity! This 43-unit condo complex offers a rare chance to own an established income-producing property in a highly desirable Lima location near restaurants, shopping, and major highways. The property features a mix of two-bedroom, one-bath and one-bedroom, one-bath condos--each with a functional layout, individual entrances, and well-maintained interiors. The units are consistently occupied and generate strong, reliable rental income, making this an ideal turnkey addition to any investor's portfolio. Situated on a well-kept property with ample parking, this development combines long-term stability with future upside potential. Opportunities like this--where the heavy lifting is already done--don't come around often!
Courtesy: Cowan, Realtors
419-222-1212
Nice group of 14 rental properties available as a package. Includes 13 single-family homes, 1 duplex, and 1 vacant lot. The portfolio produces an average rent of approximately $671.67 per unit, with total monthly rent around $10,075. Two tenants have been in place long-term—one for about 18 years and another for about 14 years. Most leases are currently on month-to-month terms, giving flexibility for future management. Don't miss this opportunity! Contact a licensed real estate professional today for more details.
Courtesy: Hartsock Realty
419-222-0447
Attention investors!! Prime opportunity to own a multi-family property zoned B-2 in an opportunity zone near the heart of Lima. This package includes a fully rented single family home, a four unit building in need of renovation and an extra lot for parking or development. The four-unit property requires a new roof and interior restoration due to storm damage but offers strong upside potential as a future cash-flowing asset. Seller is open to creative financing. Don't miss this chance to add value and grow your portfolio. Contact your agent today!
Courtesy: Superior Plus Realtors
419-222-3040
Welcome to 325 N McDonel Street, a spacious duplex in the heart of Lima, Ohio, offering 2,003 square feet of living space and a prime opportunity for investors or owner-occupants. This two-unit property features a total of four bedrooms and two full bathrooms, providing flexibility for rental income or multi-generational living. Recent updates include new gutters and porch repair, enhancing exterior maintenance and overall functionality. Built in 1920, the home blends vintage charm with practical features, including a basement for added storage. Located in Lima's Eastside neighborhood, the property sits on a manageable 0.048-acre lot and offers convenient access to downtown amenities, shopping, and public transportation. With an estimated rental income of $1,850 per month and affordable property taxes, this duplex presents a compelling investment with room to grow. Don't miss your chance to own a versatile property in a convenient location—schedule your showing today! 24 hour notice required for all showings.
Lima is located in Ohio. Lima, Ohio has a population of 36,352. Lima is less family-centric than the surrounding county with 20.41% of the households containing married families with children. The county average for households married with children is 26.72%.
The median household income in Lima, Ohio is $37,668. The median household income for the surrounding county is $55,114 compared to the national median of $69,021. The median age of people living in Lima is 34.3 years.
The average high temperature in July is 83.8 degrees, with an average low temperature in January of 18.7 degrees. The average rainfall is approximately 37.5 inches per year, with 20.4 inches of snow per year.
