$149,000

504 S Shawnee Street, Lima, OH 45804

  • 3 beds |
  • 2 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Prime Investment Opportunity Steps from Lima Memorial Hospital. Maximize your portfolio with this high-performing income property generating more than $15,000 in annual net income, this unique setup offers immediate cash flow in a location second to none for rental demand. Situated within easy walking distance of Lima Memorial Hospital, this well maintained property is perfectly positioned to attract healthcare professionals and medical staff seeking a short commute. The property features two distinct living spaces that provide a rare ''house hacking'' opportunity for a savvy buyer. You can live in one unit while the other pays your mortgage, or rent both for maximum returns. The main residence is a spacious 1,132-square-foot, two-bedroom home with a comfortable layout, while the separate 320-square-foot efficiency unit is ideal for a low-maintenance tenant or the lucrative traveling nurse market making this a hospital-district gem. Easily accessible corner lot. Whether you are looking for a reliable turn-key investment or a home that pays for itself, this property delivers both stability and growth in the heart of Lima.

Listing Status:
Active
Date Added:
January 27, 2026
Data Last Updated:
April 5, 2026 at 7:37AM
Listing Office:
Superior Plus Realtors : 419-222-3040
Listing Agent:
Tim Stanford : 419-230-2421
MLS ID:
309293
  • A/C: Central AirWindow Unit(s)
  • Heating: Forced AirNatural Gas
  • Style: See Remarks
  • Parking: Off Street
  • General: Other
  • Originating MLS: West Central Association of REALTORS® (OH)
  • School District: Lima
  • County: Allen
  • Zoning: 37-3211-03-012.000
  • Water: Public
  • Sewer: Public Sewer
  • Source: West Central Association of REALTORS® (OH)

This listing courtesy of Tim Stanford , Superior Plus Realtors

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

F

Freedom Elementary School

575 Calumet Ave, Lima, OH, 45804

Grades PK-4

0.17 miles away

L

Lima South Science-Technology Magnet K-8

755 Saint Johns Ave, Lima, OH, 45804

Grades KG-8

0.81 miles away

L

Lima Senior High School

1 Spartan Way, Lima, OH, 45801

Grades 9-12

0.63 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.