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    Allen County, OH Multifamily Properties for Sale

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    Corner Retail with Apartments Above
    Updated: Apr 22
    Corner Retail with Apartments Above

    222 S Elizabeth Street, Lima, OH 45801

    $689,000
    5,160 sqft
    Built in 1916 with brick construction, plus ceramic tile, vinyl, and carpet flooring
    New roof in 2023; new HVAC in 2023; parking lot freshly paved in 2022
    Three commercial storefronts with off‑street parking, plus three residential apartments above
    Fully occupied with positive cash flow, according to the public remarks
    Corner property on 0.177 acres with public water and public sewer
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    This listing looks promising.

    Here's a quick look at some key insights for

    222 S Elizabeth Street, Lima, OH 45801

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    • Est. Cap Rate

      6.3%
      Above avg (5.9%)

    • Est. NOI

      $43K
      Annual

    • Mortgage

      $415K
      Mar 2024

    • Last Sold

      Mar 2024
      $165K

    • Property Type

      Retail Stores
      Built 1916
    View Property Analytics
    Duplex with Attached Two-Car Garage
    Updated: May 26
    Duplex with Attached Two-Car Garage

    522 E Eureka Street, Lima, OH 45804

    $118,900
    2,315 sqft 0.17 AC lot
    Well‑maintained duplex built in 1920 with both units currently occupied on month‑to‑month leases
    Rental income of $2,100/month with landlord‑owned appliances (refrigerators and stoves) conveying with the sale
    Upstairs unit mostly remodeled; lower unit partially remodeled with a bathroom renovation started (work paused due to tenant occupancy)
    Forced‑air heating and public sewer; vinyl siding exterior
    Each unit has washer and dryer hookups; tenants pay for electric and gas while the landlord pays for water
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    Lima Mixed-Use Investment Opportunity
    Lima Mixed-Use Investment Opportunity

    200 N Metcalf Street, Lima, OH 45801

    $925,000
    6,912 sqft

    Five units, including commercial space and apartments, generating income.

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    Lima Daycare with Residential Units
    Lima Daycare with Residential Units

    600 N West St, Lima, OH 45801

    $225,000
    3,600 sqft

    Daycare with two residential units needing rehabilitation for sale.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Remodeled Two-Unit Multifamily
    Remodeled Two-Unit Multifamily

    547 N Broadway Street, Spencerville, OH 45887

    $450,000
    2,842 sqft

    Two-story duplex offers remodeled interiors and in-unit washer/dryer hookups with paved parking.

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    Commercial Property with Rental Income
    Commercial Property with Rental Income

    608 W High Street, Lima, OH 45801

    $925,000
    6,379 sqft

    Mixed-use property with commercial space and apartments, generating rental income.

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    Residential Income Quadplex
    Residential Income Quadplex

    210 W Main Street, Elida, OH 45807

    $82,000
    3,078 sqft

    Handyman special quadplex sold as-is where-is, with two tenants and at least one gutted room per available photos.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 7 Active listings in Allen County, OH, we suggest exploring several alternatives: similar 65 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Residential Land in Mount Gilead
    Residential Land in Mount Gilead

    7326 State Route 19, Mount Gilead, OH 43338

    Contact for pricing
    0.40 AC lot

    Land available in Mount Gilead with lake amenities.

    View details
    Residential Land in Mount Gilead
    Residential Land in Mount Gilead

    7326 State Route 19, Unit 6, Lots 90,91,92, Mount Gilead, OH 43338

    Contact for pricing
    0.40 AC lot

    Land for sale with lake amenities in Mount Gilead.

    View details
    Expansive Land with Development Potential
    Expansive Land with Development Potential

    VL N Fleming Road, Fowlerville, MI 48836

    $6,900,000
    354.27 AC lot

    350+ acres of prime land with two scenic lakes.

    View details
    Eastlake Marina District Land
    Eastlake Marina District Land

    35783 Lake Shore Boulevard, Eastlake, OH 44095

    $765,000
    5.66 AC lot

    5.66 acres in Eastlake's Marina District, primed for development.

    View details

    Off-Market Properties in Allen County, OH

    Consider similar Off-Market properties in Allen County, OH. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    3248 Western Ohio Ave
    APARTMENT HOUSE (5+ UNITS)

    3248 Western Ohio Ave, Lima, OH 45805-3580

    Value Estimation by Request
    1,596 sqft 0.46 AC lot
    View details
    202 Holland Ave
    MOBILE HOME PARK, TRAILER PARK

    202 Holland Ave, Delphos, OH 45833-2355

    $870,000
    Estimated value
    672 sqft 7.44 AC lot
    View details
    790 Main St
    APARTMENT HOUSE (5+ UNITS)

    790 Main St, Lima, OH 45804-1565

    $12,070,000
    Estimated value
    152,658 sqft 2.58 AC lot
    View details
    621 Elm St
    APARTMENT HOUSE (5+ UNITS)

    621 Elm St, Lima, OH 45801-4683

    Value Estimation by Request
    3,072 sqft 0.20 AC lot
    View details
    2650 Market St
    APARTMENT HOUSE (5+ UNITS)

    2650 Market St, Lima, OH 45805-2139

    $4,750,000
    Estimated value
    58,988 sqft 6.48 AC lot
    View details
    500 Nova St
    APARTMENT HOUSE (5+ UNITS)

    500 Nova St, Lima, OH 45804-2551

    Value Estimation by Request
    3,328 sqft 0.23 AC lot
    View details
    5675 Breese Rd
    CAMPGROUND, RV PARK

    5675 Breese Rd, Lima, OH 45806-9432

    Value Estimation by Request
    2,054 sqft 5.38 AC lot
    View details
    133 Grand Ave, Unit 147
    APARTMENT HOUSE (5+ UNITS)

    133 Grand Ave, Lima, OH 45801-4005

    Unit 147
    Value Estimation by Request
    6,912 sqft 0.54 AC lot
    View details
    201 Grand Ave, Unit 11
    APARTMENT HOUSE (5+ UNITS)

    201 Grand Ave, Lima, OH 45801-4007

    Unit 11
    Value Estimation by Request
    6,120 sqft 0.25 AC lot
    View details
    116 Metcalf St
    APARTMENT HOUSE (5+ UNITS)

    116 Metcalf St, Lima, OH 45801-4780

    Value Estimation by Request
    6,660 sqft 0.19 AC lot
    View details
    6310 Bluelick Rd
    APARTMENT HOUSE (5+ UNITS)

    6310 Bluelick Rd, Lima, OH 45801-8795

    $545,000
    Estimated value
    1,632 sqft 3.97 AC lot
    View details
    3100 Breese Rd
    APARTMENT HOUSE (5+ UNITS)

    3100 Breese Rd, Lima, OH 45806-1512

    Value Estimation by Request
    3,240 sqft 1.01 AC lot
    View details
    200 Mckibben St
    APARTMENT HOUSE (5+ UNITS)

    200 Mckibben St, Lima, OH 45801-4323

    $540,000
    Estimated value
    10,578 sqft 0.26 AC lot
    View details
    603 Spg St
    APARTMENT HOUSE (5+ UNITS)

    603 Spg St, Lima, OH 45801-4651

    Value Estimation by Request
    3,182 sqft 0.16 AC lot
    View details
    839 Main St
    APARTMENT HOUSE (5+ UNITS)

    839 Main St, Lima, OH 45801-4013

    Value Estimation by Request
    4,076 sqft 0.24 AC lot
    View details
    2260 Lk Cir Dr
    APARTMENT HOUSE (5+ UNITS)

    2260 Lk Cir Dr, Lima, OH 45801-2567

    Value Estimation by Request
    2,673 sqft 1.03 AC lot
    View details
    2201 Lk Cir Dr
    APARTMENT HOUSE (5+ UNITS)

    2201 Lk Cir Dr, Lima, OH 45801-2583

    $790,000
    Estimated value
    11,472 sqft 1.09 AC lot
    View details

    Allen County, OH Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Allen County, OH, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 25,126 square feet of properties for sale, with an estimated market value of $2,725,900.

    Sale prices for multifamily properties in Allen County, OH start at $82,000, averaging $454,316, and reaching up to $925,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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