Two-Unit Duplex with Off-Street
For Sale
$110,000
942 Rice Avenue, Lima, OH 45805
Residential Income, Lima, OH
Property SizeContact for details
Days on Market54
Property Features for 942 Rice Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
Multi-Family
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bathroom 1, Bedroom 2, Bedroom 4, Bathroom 2, Bedroom 1
Parking features
Off Street
Elementary school district
Lima
Middle school district
Lima
High school district
Lima
Standard status
Active
APN
36-2510-18-019.000
Additional Details
Tenant in Place
Yes
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Water source
Public
Building Details
Year built
1901
Floors in Building
2
Number of units
2
Building materials
Vinyl Siding
Architectural style
Other
Buildings
1
Listing Agency:
CCR Realtors · Real Living
(419) 222-0555
Listed By:
Dawn Iiames
(567) 204-2996
Added: Sep 3
Changed: Oct 25
Last Checked: Oct 26 at 2:06AM
MLS# 311452
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.
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Investment Insights
Based on property information with market context.
This duplex contains two separate units, each with 2 bedrooms and 1 bathroom. One unit is positioned upstairs, while the other occupies the lower level. Built in 1901, the property features vinyl siding, natural-gas forced-air heating, off-street parking, public water, and public sewer. Tenants pay utilities other than water and trash.
The property is located at 942 Rice Avenue in Lima, Ohio, within Allen County and ZIP Code 45805. It is also identified as part of a six-house package that includes houses and three duplexes. The two-level configuration, existing parking, and stated utility arrangement define the primary physical and operating characteristics of this residential income property.
The property is located at 942 Rice Avenue in Lima, Ohio, within Allen County and ZIP Code 45805. It is also identified as part of a six-house package that includes houses and three duplexes. The two-level configuration, existing parking, and stated utility arrangement define the primary physical and operating characteristics of this residential income property.
Key Highlights
- Two units, each with 2 bedrooms and 1 bathroom
- One upstairs unit and one downstairs unit
- Built in 1901 with vinyl siding
Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
950
Businesses Nearby
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Business Placement
Demographics for 45805, OH
22,740
Population
10,560
Households
2.2
Avg Household Size
39
Median Age
24%
College-Educated
94%
High-School Grad
14.6 sq mi
ZIP Area
1,558
Density / Sq Mi
$65,954
Median Household Income
$37,126
Median Earnings
$944
Median Rent
$153,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Each unit offers two bedrooms and one bathroom, with public water and sewer service.
Where is this duplex located?
The property is located at 942 Rice Avenue Lima, OH.
What is the asking price?
The asking price for this property is $110,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1 bathroom; One upstairs unit and one downstairs unit; Built in 1901 with vinyl siding
