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824 E 2nd Street

Lima, OH 45804

$55,000 $231/Mo

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Overview

Bed

Bath

1,474

Sqft

6,142

Sqft(Lot)

Description

Investor Opportunity: This oversized 1,474 sq. ft. conventional two-story at 824 E 2nd St is a prime candidate for a renovation. Offering a rare 7-room layout (3BR/1BA) and a massive 1,082 sq. ft. main floor, this property significantly outperforms the smaller neighborhood average. Already equipped with Central Air—a major value-add for 1920s builds—and situated on a deep 152' lot near Unity Elementary, it is priced for a quick close and ready for a professional flip or a high-cap-rate addition to your portfolio.

Property Details

Property Type : Residential

Price : $55,000

AD Id : 74583035

MLS Id : 955318

Beds : 3

Lot Size : 6,142 Sqft

Living Area Size : 1,474

Year Built : 1920

County : Allen

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 3

Bathroom Information

Total Baths: 1 Full Baths: 1

Room Information

Rooms Total: 7 Has Basement: Yes Basement: Partial
Heating & Cooling

Has Heating: Yes Heating: Baseboard Has Cooling: Yes Cooling: Central Air

Building Information

Year Built: 1920 Building Area Total: 1474 Construction Materials: Frame Stories: 2 Private Pool: No

Lot Information

Lot Dimensions: 40.00' x 152.00' Main Square Feet: 6142 Square Feet Lot Size Acres: 0.141 Lot Size Source: Assessor Lot Size Square Feet: 6142

Property Information

Subdivision: Jane W Holmes Sub Source Property Type: Residential Postal Code Plus 4: 2606 Zoning Description: Residential Property SubType: Single Family Residence Levels: Two Property Age: 106

Listing Price Information

Listing Price: $55000

Tax Information

Parcel Number: 47-06-09-04-001.000 Tax Legal Desc: JANE W HOLMES SUB DIVISION LOT 5685 FF 41.25

Parking Information

No Garage

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At $37.31 per sq.ft.,this listing is priced below average compared to other homes from Lima.

The average homes price in Lima is $370202.62 with avg. price / sq.ft of $2102.04.

The average homes price in Allen County is $373818.81 with avg. price / sq.ft of $2100.74.

How much is this property worth?

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
1210 E Market Street, Lima, OH, 45804	$92,000	3	1	1,468	1,468 SqFt
824 E 2nd Street, Lima, OH, 45804	$55,000	3	1	1,474	1,474 SqFt
812 E Vine Street, Lima, OH, 45804	$60,000	3	1	1,456	1,456 SqFt
801 E Vine Street, Lima, OH, 45804	$92,000	3	1	1,248	1,248 SqFt
817 E Eureka Street, Lima, OH, 45804	$92,000	3	2	1,816	1,816 SqFt
725 E Vine Street, Lima, OH, 45804	$63,000	3	1	1,264	1,264 SqFt
610 Linden Street, Lima, OH, 45804	$75,000	3	2	2,065	2,065 SqFt

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ByOwner last updated this listing 04/07/2026 @ 01:41

MLS: 955318 LISTED BY: Phillip Stern, Realistar 614-908-1600 SOURCE: Dayton REALTORS