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Lima, OH Duplex Investment

1323 W Elm Street, Lima, OH 45805

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For Sale

$74,000

MULTI_FAMILY - Lima, OH

Property size:

1,952 SF

Lot size:

0.22 Acres

Price / SF:

$37/SF

HighLights

Duplex with 4 bedrooms and 2 full bathrooms, offered as‑is with one unit needing full renovation
48 x 203 lot size (per listing) with driveway parking
Improvements include newer siding, gutters, kitchen cabinets, tile flooring, and a hot water tank
Natural gas heating with public water and public sewer
Roof materials listed as asphalt and fiberglass (year on roof and mechanics unknown)
Built in 1920; down unit reported in decent condition and up unit reported in need of full renovation

We can help!

Listing Contact

Leilani M Bowersock

For Sale

$74,000

MULTI_FAMILY - Lima, OH

Property size:

1,952 SF

Lot size:

0.22 Acres

Price / SF:

$37/SF

Added:: Jan 19, 2026
Days on Market:: 146
Last Refresh:: Jun 14 at 3:06 am

Property Features for 1323 W Elm Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Bedrooms: 4
Bathrooms: 2
Rooms: Bathroom 2, Basement, Bedroom 1, Bedroom 4, Bedroom 3, Bathroom 1, Bedroom 2
Parking features: Driveway
Standard status: Active
APN: 36-35-09-03-005.000
Size: 1,952 SF
Lot size: 0.22 Acres

Taxes and HOA fees

Tax Year: 2025
Tax Description: LAKEWOOD SUBDIVISION LOT 215 & 8 FT VAC ALLEY REAR FF 47.75
Tax Annual Amount: 2792

Utilities

Sewer type: Public Sewer
Heating system: Natural Gas
Water source: Public

Building Details

Year built: 1920
Floors in Building: 2
Roof type: Asphalt, Fiberglass

We can help!

Listing Contact

Leilani M Bowersock

Listing agent Leilani M Bowersock License #2005015619

Listing office Coldwell Banker Schmidt Realty 7410 Center Street, Suite 260, Strongsville, OH

Listing date Jan 19, 2026

MLS# 5182455 Listing URL

HighLights

Duplex with 4 bedrooms and 2 full bathrooms, offered as‑is with one unit needing full renovation
48 x 203 lot size (per listing) with driveway parking
Improvements include newer siding, gutters, kitchen cabinets, tile flooring, and a hot water tank
Natural gas heating with public water and public sewer
Roof materials listed as asphalt and fiberglass (year on roof and mechanics unknown)
Built in 1920; down unit reported in decent condition and up unit reported in need of full renovation

Overview

This duplex in Lima, Ohio, presents a value-add investment opportunity. The property features a 4-bedroom layout with 2 full bathrooms, encompassing 1952 square feet on a 0.224-acre lot. Recent improvements include newer siding, gutters, kitchen cabinets, tile flooring, and a hot water tank. The downstairs unit is in decent condition, while the upstairs unit requires a full renovation. The property is being sold as is. The lot measures 48 x 203. This property is intended for investors looking for renovation projects.

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Location Insight

Map
Local Demand

City: Lima
County: Allen
State: Ohio
Longitude: -84.131972
Latitude: 40.736782

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For sale
Duplexes
OH
Lima
45805
1323 W Elm Street

What type of property is this?

Duplex - Value-add duplex with renovation potential on a spacious lot.

Where is this duplex located?

The property is located at 1323 W Elm Street Lima, OH.

What is the asking price?

The asking price for this property is $74,000.

What are key features of this property?

This property features: Duplex with 4 bedrooms and 2 full bathrooms, offered as‑is with one unit needing full renovation; 48 x 203 lot size (per listing) with driveway parking; Improvements include newer siding, gutters, kitchen cabinets, tile flooring, and a hot water tank

1323 W Elm Street, Lima, OH 45805

MULTI_FAMILY - Lima, OH

Property Features for 1323 W Elm Street

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Restaurant/Bar Opportunity in Lima, OH

Prime Lima Commercial Investment Opportunity

Single-Story Medical Office Building

Restaurant and Bar with Expansion Space

Classic Brick Commercial Building

Corner Medical Office Building

Turn-Key Restaurant with Liquor License

Well-Maintained Duplex with Income Potential

Multi-Use Commercial Property

Commercial Building in Lima, Ohio

Medical Office Building with Parking

Lima Mixed-Use Investment Opportunity

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