LV5 Real Estate Team
Real Estate Team
at Hartsock Realty · Ohio
Active

0 Ruth

Lima, OH 45801

$40,000

MLS #310664

Type
Multi-Family

About this home

This large lot in Elida School District is just off of Robb Ave. It has been zoned R2, so therefore you can build a multi-family building, You will also receive a 10 year tax abatement of 50% on the improvement, you would apply before occupancy certificate. This is a beautiful wooded lot. So keep the shade trees you want and build your dream home or investment property. Public utilities are available at the street for tap in.

Property details

Lot size
1 acres
Listed
6/27/2026
Listing office
CCR Realtors
Listing agent
Dawn Iiames
ZIP
45801
Status
Active

Investment property loan estimator

Estimated monthly

$433

per month, all-in

Principal & interest
$205
Property tax
$53
Insurance
$175
Loan amount: $30,000 · Down: $10,000

2–4 unit investment properties typically require 20–25% down for non-owner-occupied financing. Owner-occupied house-hacking (live in one unit) may qualify for 3.5–5% down with FHA/conventional. Estimates only.

Location & walkability

Neighborhood walkability coming soon

We're enabling Walk Score® on every listing. In the meantime, the map shows the exact location. Call (419) 302-3940 for detailed neighborhood insight.

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