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.
For sale
Price cut: $10K (7/27)
$139,000
504 S Shawnee St, Lima, OH 45804
3beds
--sqft
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Comfortable layoutEasily accessible corner lot
- 210 days |
- 107 |
- 5 |
Zillow last checked:
Listing updated:
Listed by:
Tim Stanford 419-230-2421,
Superior Plus Realtors
Source: WCAR OH,MLS#: 309293
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Window Unit(s)
Property
Parking
- Parking features: Off Street
Details
- Parcel number: 37321103012.000
- Zoning description: Industrial
Construction
Type & style
- Home type: MultiFamily
- Architectural style: See Remarks
- Property subtype: Multi Family
Materials
- Foundation: Other
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Lima
Financial & listing details
- Tax assessed value: $76,100
- Annual tax amount: $1,000
- Date on market: 7/14/2026
- Listing terms: Cash,Conventional
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$797/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/27/2026 | Price change | $139,000-6.7% |
Source: | ||
| 1/27/2026 | Listed for sale | $149,000+181.1% |
Source: | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 8/7/2019 | Listing removed | $400 |
Source: Owner Report a problem | ||
| 7/7/2019 | Listed for rent | $400 |
Source: Owner Report a problem | ||
| 12/9/2002 | Sold | $53,000-33.8% |
Source: Public Record Report a problem | ||
| 4/28/1999 | Sold | $80,000+107.8% |
Source: Public Record Report a problem | ||
| 2/12/1999 | Sold | $38,500+10% |
Source: Public Record Report a problem | ||
| 6/24/1994 | Sold | $35,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $999 +24.5% | $26,640 +44.9% |
| 2023 | $802 -0.4% | $18,380 |
| 2022 | $806 -5.6% | $18,380 |
| 2021 | $854 +3.7% | $18,380 +17.2% |
| 2020 | $823 -0.2% | $15,680 |
| 2019 | $824 +1.1% | $15,680 |
| 2018 | $816 +17.7% | $15,680 +21.4% |
| 2017 | $693 -1.4% | $12,920 |
| 2016 | $702 -1.8% | $12,920 |
| 2015 | $715 -21.2% | $12,920 -23.1% |
| 2014 | $907 +2.7% | $16,810 |
| 2013 | $884 +0.4% | $16,810 |
| 2012 | $880 +20.7% | $16,810 +3.7% |
| 2011 | $729 +2.8% | $16,210 |
| 2010 | $709 +10.6% | $16,210 |
| 2009 | $641 -2.9% | $16,210 -2.3% |
| 2008 | $660 -2.1% | $16,600 |
| 2007 | $675 -24.3% | $16,600 +5.4% |
| 2005 | $891 -2% | $15,750 |
| 2004 | $909 | $15,750 |
| 2003 | $909 +36.2% | $15,750 +34.3% |
| 2002 | $668 -1.3% | $11,725 |
| 2001 | $676 | $11,725 |
| 2000 | $676 +9.8% | $11,725 +9.8% |
| 1999 | $616 | $10,675 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 45804
Nearby schools
GreatSchools rating
- 5/10Freedom Elementary SchoolGrades: PK-4Distance: 0.2 mi
- 7/10Lima South Science-Technology Magnet K-8Grades: K-8Distance: 0.8 mi
- 2/10Lima Senior High SchoolGrades: 9-12Distance: 0.7 mi
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