Active

504 Shawnee

Lima, OH 45804

$149,000

MLS #309293

Bedrooms

Bathrooms

Type

Multi-Family

About this home

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.

Property details

Listed: 5/21/2026
Listing office: Superior Plus Realtors
Listing agent: Tim Stanford
ZIP: 45804
Status: Active

Investment property loan estimator

Purchase priceDown payment — 25% ($37,250)

Interest rate

Loan term

Property tax

%/yr

Insurance

HOA / fees

Estimated monthly

$1,136

per month, all-in

Principal & interest: $762
Property tax: $199
Insurance: $175

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.