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    Lima, OH
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    Lima, OH Multifamily Properties for Sale

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    Columbus Grove, OH Cridersville, OH Bluffton, OH
    7 results
    Well-Maintained Duplex with Income Potential
    $132,900
    2,315 SF

    Well-Maintained Duplex with Income Potential

    522 E Eureka Street, Lima, OH 45804

    Duplex generating $2,100/month income with remodeling and garage.

    • Immediate cash flow with $2,100/month rental income.
    • Duplex offers flexibility for investors or future owner‑occupants.
    • Upstairs unit is mostly remodeled.
    • Lower unit has a two‑car attached garage with a new garage door.
    • All kitchen appliances (refrigerators and stoves) are included in the sale.
    Updated: May 26
    View details
    Lima Mixed-Use Investment Opportunity
    $925,000
    6,912 SF

    Lima Mixed-Use Investment Opportunity

    200 N Metcalf Street, Lima, OH 45801

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

    • High income potential: Earn $51,300 annually from 5 units plus $32,400 from commercial space.
    • Includes 6,379 sq. ft. commercial space currently rented with 2 years remaining on lease.
    • NNN Leases: All residential leases are NNN (Triple Net).
    • Individually Metered Units: All units are individually metered.
    • Two Vacant Apartments: Includes two vacant, ready‑to‑rent apartments (1,180 sq. ft. each) with potential income of $800/month per unit.
    Updated: May 12
    View details
    Commercial Property with Rental Income
    $925,000
    6,379 SF

    Commercial Property with Rental Income

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

    608 W High Street, Lima, OH 45801
    View details
    Lima Duplex Investment Opportunity
    $74,000
    1,952 SF

    Lima Duplex Investment Opportunity

    Value-add duplex in Lima, Ohio, ready for renovation.

    1323 W ELM STREET, Lima, OH 45805
    View details
    Lima Triplex with Remodeled Units
    $225,000
    0.23 Acres

    Lima Triplex with Remodeled Units

    Triplex in Lima, OH with remodeled units and strong rental

    730 N Main Street, Lima, OH 45801
    View details
    Lima, OH Duplex Investment
    $74,000
    1,952 SF

    Lima, OH Duplex Investment

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

    1323 W Elm Street, Lima, OH 45805
    View details
    Lima Daycare with Residential Units
    $225,000
    3,600 SF

    Lima Daycare with Residential Units

    Daycare with two residential units needing rehabilitation for sale.

    600 N West St, Lima, OH 45801
    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 7 Active listings in Lima, OH, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 65 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Four-Unit Multifamily Investment Opportunity
    $349,900
    3,216 SF

    Four-Unit Multifamily Investment Opportunity

    Two duplexes, four units, strong rental potential in St. Marys, OH.

    343 Defiance Road, Saint Marys, OH 45885
    View details
    Turnkey Multifamily Investment Opportunity
    $375,000
    2,928 SF

    Turnkey Multifamily Investment Opportunity

    Income-producing four-unit property near Indian Lake, fully rented.

    106 Lind Street, Russells Point, OH 43348
    View details
    Saint Marys Duplex Investment Opportunity
    $60,000
    1,918 SF

    Saint Marys Duplex Investment Opportunity

    Duplex with long-term tenants, immediate rental income potential.

    731 Columbia Street, Saint Marys, OH 45885
    View details
    Turnkey Multi-Family Investment Opportunity
    $375,000
    2,928 SF

    Turnkey Multi-Family Investment Opportunity

    Income-producing four-unit property near Indian Lake.

    106 Lind Street, Russells Point, OH 43348
    View details

    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
    Contact for pricing
    0.40 Acres

    Residential Land in Mount Gilead

    Land available in Mount Gilead with lake amenities.

    7326 State Route 19, Mount Gilead, OH 43338
    View details
    Grove City Land Opportunity
    $182,000
    0.83 Acres

    Grove City Land Opportunity

    Land available in Grove City, suitable for residential or commercial.

    2120 Edwards Road, Grove City, OH 43123
    View details
    Expansive Land with Development Potential
    $6,900,000
    354.27 Acres

    Expansive Land with Development Potential

    350+ acres of prime land with two scenic lakes.

    VL N Fleming Road, Fowlerville, MI 48836
    View details
    Eastlake Marina District Land
    $765,000
    5.66 Acres

    Eastlake Marina District Land

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

    35783 Lake Shore Boulevard, Eastlake, OH 44095
    View details

    Off-Market Properties in Lima, OH

    Consider similar Off-Market properties in Lima, 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)
    1,596 SF Lot: 0.46 Acres
    Value Estimation by Request

    3248 Western Ohio Ave, Lima, OH 45805-3580

    View details
    790 Main St
    APARTMENT HOUSE (5+ UNITS)
    152,658 SF Lot: 2.58 Acres
    Estimated value
    $12,070,000

    790 Main St, Lima, OH 45804-1565

    View details
    621 Elm St
    APARTMENT HOUSE (5+ UNITS)
    3,072 SF Lot: 0.20 Acres
    Value Estimation by Request

    621 Elm St, Lima, OH 45801-4683

    View details
    2650 Market St
    APARTMENT HOUSE (5+ UNITS)
    58,988 SF Lot: 6.48 Acres
    Estimated value
    $4,750,000

    2650 Market St, Lima, OH 45805-2139

    View details
    500 Nova St
    APARTMENT HOUSE (5+ UNITS)
    3,328 SF Lot: 0.23 Acres
    Value Estimation by Request

    500 Nova St, Lima, OH 45804-2551

    View details
    5675 Breese Rd
    CAMPGROUND, RV PARK
    2,054 SF Lot: 5.38 Acres
    Value Estimation by Request

    5675 Breese Rd, Lima, OH 45806-9432

    View details
    133 Grand Ave, Unit 147
    APARTMENT HOUSE (5+ UNITS)
    6,912 SF Lot: 0.54 Acres
    Value Estimation by Request
    Unit 147

    133 Grand Ave, Lima, OH 45801-4005

    View details
    201 Grand Ave, Unit 11
    APARTMENT HOUSE (5+ UNITS)
    6,120 SF Lot: 0.25 Acres
    Value Estimation by Request
    Unit 11

    201 Grand Ave, Lima, OH 45801-4007

    View details
    116 Metcalf St
    APARTMENT HOUSE (5+ UNITS)
    6,660 SF Lot: 0.19 Acres
    Value Estimation by Request

    116 Metcalf St, Lima, OH 45801-4780

    View details
    6310 Bluelick Rd
    APARTMENT HOUSE (5+ UNITS)
    1,632 SF Lot: 3.97 Acres
    Estimated value
    $545,000

    6310 Bluelick Rd, Lima, OH 45801-8795

    View details
    3100 Breese Rd
    APARTMENT HOUSE (5+ UNITS)
    3,240 SF Lot: 1.01 Acres
    Value Estimation by Request

    3100 Breese Rd, Lima, OH 45806-1512

    View details
    200 Mckibben St
    APARTMENT HOUSE (5+ UNITS)
    10,578 SF Lot: 0.26 Acres
    Estimated value
    $540,000

    200 Mckibben St, Lima, OH 45801-4323

    View details
    603 Spg St
    APARTMENT HOUSE (5+ UNITS)
    3,182 SF Lot: 0.16 Acres
    Value Estimation by Request

    603 Spg St, Lima, OH 45801-4651

    View details
    839 Main St
    APARTMENT HOUSE (5+ UNITS)
    4,076 SF Lot: 0.24 Acres
    Value Estimation by Request

    839 Main St, Lima, OH 45801-4013

    View details
    2260 Lk Cir Dr
    APARTMENT HOUSE (5+ UNITS)
    2,673 SF Lot: 1.03 Acres
    Value Estimation by Request

    2260 Lk Cir Dr, Lima, OH 45801-2567

    View details
    2201 Lk Cir Dr
    APARTMENT HOUSE (5+ UNITS)
    11,472 SF Lot: 1.09 Acres
    Estimated value
    $790,000

    2201 Lk Cir Dr, Lima, OH 45801-2583

    View details
    2140 Lk Cir Dr
    APARTMENT HOUSE (5+ UNITS)
    7,230 SF Lot: 1.22 Acres
    Estimated value
    $530,000

    2140 Lk Cir Dr, Lima, OH 45801-5522

    View details

    Lima, OH Multifamily Properties Investment Opportunities Market Analysis

    Explore 72 multifamily properties for sale in Lima, OH, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 23,110 square feet of properties for sale, with an estimated market value of $2,355,900.

    Sale prices for multifamily properties in Lima, OH start at $74,000, averaging $392,650, 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.

    List
    Map

    Top Commercial Asset Segments

    Duplexes 5
    Apartment buildings 1
    Triplexes 1

    Property Size Breakdown

    The majority of commercial real estate listings in Lima fall within the 50,000 to 100,000 square foot range.

    Demographics Overview

    Population 83K
    Population Growth (5Y) -11.5%
    Median Household Income $60,458
    College Educated 19.7%

    High-Yield Neighborhoods for Investment

    Identify Lima submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    45805 $74K
    45804 $132.9K
    45801 $575K

    Taxes & Financing

    Average Loan-to-Value 65.0%

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