Search
Section 8 Apartment Building
For Sale
Contact for pricing
Pending

136 S West St, Lima, OH 45801

Five-story, elevator-served apartment building offering 66 Section 8 housing units.

Property SizeContact for details
Days on Market121

Property Features for 136 S West St

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Multifamily Units 66

Building Details

Year Built 1920
Stories 5
Tenancy Multi
Listing Agency: Superior PLUS Realtors
Listed By: Greg Butcher · License #OH 0000324616
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Aug 9 at 12:43PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Superior PLUS Realtors

Investment Insights

Based on property information with market context.

This apartment building was formerly a YMCA and has been converted to Section 8 housing. The property features five floors and an elevator and contains 66 units. Rent is listed as $450 per month per unit with utilities, and the public remarks state that rent is guaranteed through Metropolitan Housing under a long-term agreement in place. Built in 1920, the property operates as residential income housing.

Located at 136 S West St in Lima, Ohio, the building is presented for sale with the Section 8 arrangement noted in the offering materials.

Key Highlights

  • Five‑story, elevator‑served apartment building
  • 66 total Section 8 housing units
  • Base rent listed as $450 per month (with utilities)

Property Analytics

Current Use

YMCA Child Welfare Organization Ramón García Beauty ... (Bike/Boat/Book/etc) Store Quickbooks Customer Service ... Accounting Software Company Allen County Young ... Child Welfare Organization

Suggested Use

Top Pick Real Estate Agency Restaurant Big Box & Wholesale Store Dental Office Building Supply Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

66
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,633
Businesses Nearby

Demographics for 45801, OH

22,819
Population
9,351
Households
2.4
Avg Household Size
38
Median Age
12%
College-Educated
90%
High-School Grad
45.7 sq mi
ZIP Area
499
Density / Sq Mi
$47,442
Median Household Income
$33,224
Median Earnings
$865
Median Rent
$111,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Five-story, elevator-served apartment building offering 66 Section 8 housing units.
Where is this apartment building located?
The property is located at 136 S West St Lima, OH.
What are key features of this property?
This property features: Five‑story, elevator‑served apartment building; 66 total Section 8 housing units; Base rent listed as $450 per month (with utilities)
(419) 222-3040 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message