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Two-Unit Residential Property
For Sale
$135,000

842 W Wayne Street, Lima, OH 45801

Residential Income, Lima, OH

Property SizeContact for details
Days on Market8

Property Features for 842 W Wayne Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description Multi-Family
Bedrooms 7
Bathrooms 3
Full bathrooms 2
Half bathrooms 1
Rooms Bedroom 7, Bedroom 6, Bedroom 3, Bedroom 5, Bathroom 2, Bathroom 3, Bathroom 1, Bedroom 4, Bedroom 1, Bedroom 2
Parking features Off Street
Elementary school district Lima
Middle school district Lima
High school district Lima
Standard status Active
APN 36-3605-06-009.000

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Water source Public

Building Details

Floors in Building 2
Number of units 2
Building materials Vinyl Siding
Architectural style Other
Listing Agency: CCR Realtors · Real Living
Listed By: Dawn Iiames
Added: Sep 2 Changed: Sep 3 Last Checked: Sep 9 at 2:06AM
MLS# 311444

Copyright © 2026 West Central Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This duplex at 842 W Wayne Street contains two occupied residential units. The upper residence has three bedrooms and has received new flooring throughout, along with a remodeled bathroom. The lower residence provides four bedrooms. Both units are currently occupied, offering an existing two-residence configuration.

The property features vinyl siding, forced-air heating, and natural gas service. Public water and public sewer serve the building, while off-street parking is available. Located in Lima, Ohio, the property is identified within ZIP Code 45801.

Key Highlights

  • Two occupied residential units
  • Upper unit includes 3 bedrooms
  • Lower unit includes 4 bedrooms

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Nail Salon Parking Lot & Garage Grocery & Convenience 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

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,492
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
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Frequently Asked Questions

What type of property is this?
Duplex - Occupied residences include refreshed upper-unit flooring, vinyl siding, and public water and sewer service.
Where is this duplex located?
The property is located at 842 W Wayne Street Lima, OH.
What is the asking price?
The asking price for this property is $135,000.
What are key features of this property?
This property features: Two occupied residential units; Upper unit includes 3 bedrooms; Lower unit includes 4 bedrooms
More about this property
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