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

201-211 Grand

Lima, OH 45801

$350,000

MLS #307647

Bedrooms
12
Bathrooms
6
Type
Multi-Family

About this home

Great investment opportunity for this 6 - Unit apartment complex on Lima's north end. These town home apartments are identical floor plans at 1,020 SF and 2 beds / 1 bath each. Private carport and parking on the west end of the property. Located less than 1/2 mile from Lima's revitalized downtown. 3 apartments recently renovated. Gross cash flow of $4,025/mo with tremendous rent upside.

Property details

Listed
5/21/2026
Listing office
Dye Real Estate & Land Company
Listing agent
Garrett Gatton
ZIP
45801
Status
Closed

Investment property loan estimator

Estimated monthly

$2,432

per month, all-in

Principal & interest
$1,791
Property tax
$467
Insurance
$175
Loan amount: $262,500 · Down: $87,500

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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