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    Lima, OH Apartment Buildings for Sale

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    Columbus Grove, OH Ada, OH Cridersville, OH
    Lima Mixed-Use Investment Opportunity
    $925,000
    6,912 SF
    Lima Mixed-Use Investment Opportunity

    200 N Metcalf Street, Lima, OH 45801

    Five units, including commercial space and apartments, generating income.
    • High income potential: Earn $51,300 annually from 5 units plus $32,400 from commercial space.
    • Includes 6,379 sq. ft. commercial space currently rented with 2 years remaining on lease.
    • NNN Leases: All residential leases are NNN (Triple Net).
    • Individually Metered Units: All units are individually metered.
    • Two Vacant Apartments: Includes two vacant, ready‑to‑rent apartments (1,180 sq. ft. each) with potential income of $800/month per unit.
    Updated: May 12
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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 1 Active listings in Lima, OH, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 71 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Historic Urbana Apartment Building For Sale
    $620,000
    7,954 SF
    Historic Urbana Apartment Building For Sale

    Nationally recognized historic landmark with five apartments and commercial space.

    127 Miami St, Urbana, OH 43078

    View details
    Stabilized 10-Unit Multifamily Property
    $650,000
    2,646 SF
    Stabilized 10-Unit Multifamily Property

    Multifamily property with 10 units in Urbana, Ohio.

    712 W LIGHT ST, Urbana, OH 43078

    View details
    Well-Maintained Condo in Defiance
    $245,000
    Well-Maintained Condo in Defiance

    Move-in ready condo with open concept and mature trees.

    786 Miami Drive, Defiance, OH 43512

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    Restaurant with Upstairs Apartment For Sale
    $149,900
    Restaurant with Upstairs Apartment For Sale

    Operating restaurant with apartment and D-5 liquor license.

    2103 Baltimore Street, Defiance, OH 43512

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Land Near Shepherd University
    $650,000
    3.70 Acres
    Land Near Shepherd University

    Prime land near Shepherd University with development potential.

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    View details
    Asheville Development Opportunity: 5.94 Acres
    $2,500,000
    5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    215 N Bear Creek Road, Asheville, NC 28806

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    Central Business Zoned Development Land
    $250,000
    0.23 Acres
    Central Business Zoned Development Land

    Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

    107 HOWARD Street, La Plata, MD 20646

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    Greenville Development Opportunity: 1.33 Acres
    $699,900
    1.33 Acres
    Greenville Development Opportunity: 1.33 Acres

    1.33 acre parcel suitable for multi-family development near downtown.

    71 Salters Road, Greenville, SC 29607

    View details

    Off-Market Properties in Lima, OH

    Consider similar Off-Market properties in Lima, OH. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    3248 Western Ohio Ave
    APARTMENT HOUSE (5+ UNITS)
    1,596 SF Lot: 0.46 Acres
    Value Estimation by Request

    3248 Western Ohio Ave, Lima, OH 45805-3580

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    790 Main St
    APARTMENT HOUSE (5+ UNITS)
    152,658 SF Lot: 2.58 Acres
    Estimated value
    $12,070,000

    790 Main St, Lima, OH 45804-1565

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    621 Elm St
    APARTMENT HOUSE (5+ UNITS)
    3,072 SF Lot: 0.20 Acres
    Value Estimation by Request

    621 Elm St, Lima, OH 45801-4683

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    2650 Market St
    APARTMENT HOUSE (5+ UNITS)
    58,988 SF Lot: 6.48 Acres
    Estimated value
    $4,750,000

    2650 Market St, Lima, OH 45805-2139

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    500 Nova St
    APARTMENT HOUSE (5+ UNITS)
    3,328 SF Lot: 0.23 Acres
    Value Estimation by Request

    500 Nova St, Lima, OH 45804-2551

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    133 Grand Ave, Unit 147
    APARTMENT HOUSE (5+ UNITS)
    6,912 SF Lot: 0.54 Acres
    Value Estimation by Request
    Unit 147

    133 Grand Ave, Lima, OH 45801-4005

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    201 Grand Ave, Unit 11
    APARTMENT HOUSE (5+ UNITS)
    6,120 SF Lot: 0.25 Acres
    Value Estimation by Request
    Unit 11

    201 Grand Ave, Lima, OH 45801-4007

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    116 Metcalf St
    APARTMENT HOUSE (5+ UNITS)
    6,660 SF Lot: 0.19 Acres
    Value Estimation by Request

    116 Metcalf St, Lima, OH 45801-4780

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    6310 Bluelick Rd
    APARTMENT HOUSE (5+ UNITS)
    1,632 SF Lot: 3.97 Acres
    Estimated value
    $545,000

    6310 Bluelick Rd, Lima, OH 45801-8795

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    3100 Breese Rd
    APARTMENT HOUSE (5+ UNITS)
    3,240 SF Lot: 1.01 Acres
    Value Estimation by Request

    3100 Breese Rd, Lima, OH 45806-1512

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    200 Mckibben St
    APARTMENT HOUSE (5+ UNITS)
    10,578 SF Lot: 0.26 Acres
    Estimated value
    $540,000

    200 Mckibben St, Lima, OH 45801-4323

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    603 Spg St
    APARTMENT HOUSE (5+ UNITS)
    3,182 SF Lot: 0.16 Acres
    Value Estimation by Request

    603 Spg St, Lima, OH 45801-4651

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    839 Main St
    APARTMENT HOUSE (5+ UNITS)
    4,076 SF Lot: 0.24 Acres
    Value Estimation by Request

    839 Main St, Lima, OH 45801-4013

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    2260 Lk Cir Dr
    APARTMENT HOUSE (5+ UNITS)
    2,673 SF Lot: 1.03 Acres
    Value Estimation by Request

    2260 Lk Cir Dr, Lima, OH 45801-2567

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    2201 Lk Cir Dr
    APARTMENT HOUSE (5+ UNITS)
    11,472 SF Lot: 1.09 Acres
    Estimated value
    $790,000

    2201 Lk Cir Dr, Lima, OH 45801-2583

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    2140 Lk Cir Dr
    APARTMENT HOUSE (5+ UNITS)
    7,230 SF Lot: 1.22 Acres
    Estimated value
    $530,000

    2140 Lk Cir Dr, Lima, OH 45801-5522

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    2101 Lk Cir Dr
    APARTMENT HOUSE (5+ UNITS)
    14,292 SF Lot: 0.77 Acres
    Estimated value
    $965,000

    2101 Lk Cir Dr, Lima, OH 45801-2595

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    2103 Lk Cir Dr
    APARTMENT HOUSE (5+ UNITS)
    17,208 SF Lot: 1.25 Acres
    Estimated value
    $1,160,000

    2103 Lk Cir Dr, Lima, OH 45801-5506

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    2170 Lk Cir Dr
    APARTMENT HOUSE (5+ UNITS)
    14,292 SF Lot: 0.72 Acres
    Estimated value
    $975,000

    2170 Lk Cir Dr, Lima, OH 45801-5525

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    2223 Lk Cir Dr
    APARTMENT HOUSE (5+ UNITS)
    11,472 SF Lot: 0.74 Acres
    Estimated value
    $790,000

    2223 Lk Cir Dr, Lima, OH 45801-2577

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    2243 Lk Cir Dr
    APARTMENT HOUSE (5+ UNITS)
    11,472 SF Lot: 0.72 Acres
    Estimated value
    $790,000

    2243 Lk Cir Dr, Lima, OH 45801-2571

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    2100 Lk Cir Dr
    APARTMENT HOUSE (5+ UNITS)
    14,292 SF Lot: 0.91 Acres
    Estimated value
    $965,000

    2100 Lk Cir Dr, Lima, OH 45801-5516

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    2230 Lk Cir Dr
    APARTMENT HOUSE (5+ UNITS)
    10,320 SF Lot: 0.77 Acres
    Estimated value
    $740,000

    2230 Lk Cir Dr, Lima, OH 45801-5533

    View details

    Lima, OH Apartment Buildings Market Trends and Statistics

    Explore 72 apartment buildings for sale in Lima, OH on our real estate platform. These investment opportunities span a total of 6,912 square feet of properties for sale, with an estimated market value of $925,000.

    Sale prices for two-family homes in Lima, OH start at $925,000, averaging $925,000, and reaching up to $925,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 83K
    Population Growth (5Y) -11.5%
    Median Household Income $60,458
    College Educated 19.7%

    High-Yield Neighborhoods for Investment

    Identify Lima submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    45801 $925K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Allen County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Lima fall within the 50,000 to 100,000 square foot range.

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