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504 S Shawnee Street

Lima, OH 45804
  • $149,000
  • STATUS: Active
  • ON SITE: 21 Days
  • MLS #: 309293
UPDATED: 6 min ago
$149,000
  • 3
    BEDS
  • 0
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
County:
Area:

School Ratings & Info

School District:

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.

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© 2026 West Central Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Mangini | Superior Plus Realtors. Data last updated: 2026-02-18T09:40:37.75.
www.lovelimahomes.com/homes/172493221
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504 S Shawnee Street Lima, OH 45804

  • Price: $149,000
  • Status: Active
  • On Site: 21 Days
  • Updated: 6 min ago
  • MLS #: 309293
3
Beds
2
Baths
0
½ Baths
0
Acres
County:
Allen
Area:
Lima
School District:
Lima
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.
Exterior Features

Architectural Style See Remarks Attached Garage YN No Construction Materials [] Foundation Details Other Parking Features Off Street Patio And Porch Features [] Roof []

Interior Features

Basement [] Cooling Central AirWindow Unit(s) Cooling YN Yes Heating Forced AirNatural Gas Heating YN Yes Levels [] Unit1 Bedrooms 1 Unit1 Full Baths 1 Unit1 Half Baths 0 Unit1 Sq Ft 320 Unit2 Bedrooms 2 Unit2 Efficiency YN No Unit2 Full Baths 1 Unit2 Half Baths 0 Unit2 Sq Ft 1132

Property Features

Accessibility Features [] Association YN No Community Features [] FEMAFlood Zone YN No Listing Terms CashConventional Owner Pays [] Possession [] Property Sub Type Multi Family Sewer Public Sewer Special Listing Conditions [] Tax Annual Amount 1000 Tenant Pays [] Unit1 Efficiency YN Yes Utilities [] Water Source Public Zoning Description Industrial

Listing information © 2026 West Central Association of Realtors MLS
Listing provided by Tim Stanford of Superior Plus Realtors : 419-222-3040.



© 2026 West Central Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Mangini | Superior Plus Realtors. Data last updated: 2026-02-18T09:40:37.75.
 
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Team Mangini | Superior Plus Realtors
2903 Elida Rd.
Lima OH, 45805