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30-Unit Remodeled Apartment Building
For Sale
$2,450,000

1212 Bellefontaine Avenue, Lima, OH 45804

Brick multifamily property with updated interiors, shared laundry, and a fitness room.

Property SizeContact for details
Days on Market52

Property Features for 1212 Bellefontaine Avenue

General Information

Standard status Active
Property subtype Residential Income

Units

Unit Mix 12 x 2BR, 18 x 1BR
Multifamily Units 30

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $11,162

Amenities

community laundry room
fitness room

Building Details

Year Built 1964
Year Renovated 2025
Buildings 1
Construction brick
Listing Agency:
Listed By: Straley Realty & Auctioneers, Inc.
Source: Straleyrealty.idxbroker
Added: Jul 9 Changed: Aug 28 Last Checked: Aug 25 at 8:17AM

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 Straley Realty & Auctioneers, Inc.

Investment Insights

Based on property information with market context.

This brick apartment building contains 30 residential units with a mix of 12 two-bedroom apartments and 18 one-bedroom apartments. A 2025 renovation updated every unit with new flooring, paint, bathrooms, and appliances. The property also includes a community laundry room equipped with coin-operated machines and a fitness room.

The property is located near Lima Memorial Hospital, P&G, and I-75. Low vacancy is reported, providing an established occupancy profile for the multifamily asset.

Key Highlights

  • 30 units: 12 two‑bedroom apartments and 18 one‑bedroom apartments
  • 2025 remodel included new floors, paint, bathrooms, and appliances in every unit
  • Brick apartment building with a community laundry room and coin machines

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Hair Salon Spa & Massage Center Kitchen & Bath Showroom

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

30
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

647
Businesses Nearby

Demographics for 45804, OH

14,573
Population
7,108
Households
2.1
Avg Household Size
39
Median Age
11%
College-Educated
87%
High-School Grad
21.2 sq mi
ZIP Area
687
Density / Sq Mi
$42,594
Median Household Income
$33,438
Median Earnings
$888
Median Rent
$96,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Brick multifamily property with updated interiors, shared laundry, and a fitness room.
Where is this apartment building located?
The property is located at 1212 Bellefontaine Avenue Lima, OH.
What is the asking price?
The asking price for this property is $2,450,000.
What are key features of this property?
This property features: 30 units: 12 two‑bedroom apartments and 18 one‑bedroom apartments; 2025 remodel included new floors, paint, bathrooms, and appliances in every unit; Brick apartment building with a community laundry room and coin machines
More about this property
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