Courtesy: Cowan, Realtors
419-222-1212
Great investment opportunity in the desirable Elida School District! This well-located duplex offers immediate cash flow with strong upside potential. Unit 2113 currently rents for $725/month and unit 2115 rents for $625/month, with tenants paying all utilities. The area shows high rental demand and room for rent increases, making this a solid option for investors looking to add value over time. Whether you're expanding your portfolio or jumping into multifamily ownership, this duplex checks the boxes for location, demand, and long-term growth potential.
Courtesy: Superior Plus Realtors
419-222-3040
Prime Investment Opportunity Steps from Lima Memorial Hospital. Maximize your portfolio with this high-performing income property generating more than $15,000 in annual net income, this unique setup offers immediate cash flow in a location second to none for rental demand. Situated within easy walking distance of Lima Memorial Hospital, this well maintained property is perfectly positioned to attract healthcare professionals and medical staff seeking a short commute. The property features two distinct living spaces that provide a rare ''house hacking'' opportunity for a savvy buyer. You can live in one unit while the other pays your mortgage, or rent both for maximum returns. The main residence is a spacious 1,132-square-foot, two-bedroom home with a comfortable layout, while the separate 320-square-foot efficiency unit is ideal for a low-maintenance tenant or the lucrative traveling nurse market making this a hospital-district gem. Easily accessible corner lot. Whether you are looking for a reliable turn-key investment or a home that pays for itself, this property delivers both stability and growth in the heart of Lima.
Investors! Duplex! Look at this value add investment project property ready for your renovations! This 4 bedroom, 2 full bath Duplex offers 91952 square feet on a long 48 x 203 lot! Improvements include: Newer siding, gutters, kitchen cabinets, tile flooring, and hot water tank! Year on Roof and mechanics unknown but in good order. Down unit in decent condition, Up unit in need of full renovation. Priced to sell, no seller financing. Ask us about the OTHER 16 value add properties for sale in the area that are similar and can be bundled for purchase in groups or portfolio! AS IS. Great area and ARV! Hurry this will not last long!
Courtesy: Superior Plus Realtors
419-222-3040
Currently be leased with tenant great investment property. Great neighborhood, close to schools, shops and interstate. 4th bedroom in basement. Large, partial fenced in yard for your outdoor activities. Appointment Only 24 hr. notice; Lockbox
Courtesy: Berkshire Hathaway Professional Realty
419-331-7653
Welcome to 1212 Bellefontaine Avenue! This turnkey investment property features 30 totally remodeled units! 12 of which are 2 bedroom units and 18 of which are 1 bedroom units. This brick building had a remodel completed in 2025 and is ready for new ownership! Every unit has new floors, paint, bathrooms, and appliances. Community laundry room with coin machines, fitness room, low vacancy & a prime location close to Lima Memorial Hospital, P&G, & I-75! Call today!
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: 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!
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.
