Looking for a solid addition to your portfolio or your next flip project? This 1914-built traditional two-story home in Lima offers the perfect 'bones' and the most desirable rental configuration: 3 Bedrooms and 2 Full Bathrooms. At 1,409 square feet, this property provides a substantial footprint that is easy to manage but large enough to command top-tier market rents or a strong resale price. This home features low-maintenance vinyl siding, allowing you to focus your renovation budget where it matters most--the interior.
Investment Highlights:
The Layout: A rare 3-bedroom, 2-full bath setup. Having that second bathroom is a significant competitive advantage in the Lima rental market.
The Structure: Solid 1914 construction. This is a 'straight and sturdy' house that has stood the test of time, providing a reliable foundation for your updates.
The Lot: A surprisingly deep backyard offers massive potential for outdoor living space, garden area, or a secure play space for tenants.
Exterior: Vinyl siding in good condition and a shared driveway for off-street access.
The Upside: The home is currently a blank canvas. It needs cosmetic TLC and interior modernization, making it the ideal candidate for a BRRRR (Buy, Rehab, Rent, Refinance, Repeat) strategy or a straightforward flip.
Location & Potential:
Situated conveniently within the city, you are minutes away from local employment hubs, shopping, and dining. With 3/2 homes in high demand, the 'sweat equity' potential here is significant.
Terms:
Property sold As-Is. Bring your contractor and your vision to unlock the immediate equity in this Lima classic - don't let this one slip through the cracks!
For sale
Price cut: $16K (5/27)
$99,000
854 W Wayne St, Lima, OH 45801
3beds
1,409sqft
Single Family Residence
Built in 1914
-- sqft lot
$-- Zestimate®
$70/sqft
$-- HOA
What's special
- 72 days |
- 654 |
- 56 |
Zillow last checked:
Listing updated:
Listed by:
Kate Shulaw 419-230-3255,
KW Greater Columbus Realty
Source: WCAR OH,MLS#: 310061
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air
Cooling
- None
Appliances
- Included: Gas Water Heater, Range
Features
- Flooring: Carpet, Laminate, Vinyl
- Basement: Other,Block,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 1,409
- Total interior livable area: 1,409 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
Features
- Levels: Two
- Patio & porch: Porch
- Fencing: Fenced
Details
- Parcel number: 36360506011.000
- Zoning description: Residential
- Special conditions: Fair Market
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Aluminum Siding
- Foundation: Block, See Remarks
Condition
- Year built: 1914
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Lima
Financial & listing details
- Price per square foot: $70/sqft
- Tax assessed value: $39,900
- Annual tax amount: $621
- Date on market: 4/27/2026
- Date available: 04/27/2026
- Listing terms: 1031 Exchange,Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
$1,375/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/27/2026 | Price change | $99,000-13.9%$70/sqft |
Source: | ||
| 4/27/2026 | Listed for sale | $115,000+130%$82/sqft |
Source: | ||
| 4/29/2024 | Sold | $50,000+455.6%$35/sqft |
Source: Public Record Report a problem | ||
| 4/19/2017 | Sold | $9,000+83.7%$6/sqft |
Source: Public Record Report a problem | ||
| 1/20/2017 | Sold | $4,899-51%$3/sqft |
Source: Public Record Report a problem | ||
| 10/28/2016 | Listed for sale | -- |
Source: Hudson & Marshall Report a problem | ||
| 4/19/2016 | Sold | $10,000-82.5%$7/sqft |
Source: Public Record Report a problem | ||
| 2/1/2001 | Sold | $57,000+200%$40/sqft |
Source: Public Record Report a problem | ||
| 12/21/1994 | Sold | $19,000$13/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $594 +1.4% | $13,970 +5% |
| 2023 | $586 -0.3% | $13,310 |
| 2022 | $588 -5.4% | $13,310 |
| 2021 | $621 -6.4% | $13,310 +7.4% |
| 2020 | $664 -0.2% | $12,390 |
| 2019 | $665 +1.1% | $12,390 |
| 2018 | $658 -1.4% | $12,390 |
| 2017 | $667 -1.4% | $12,390 |
| 2016 | $676 -1.8% | $12,390 |
| 2015 | $689 -15.8% | $12,390 -17.5% |
| 2014 | $818 +2.6% | $15,020 |
| 2013 | $797 +0.4% | $15,020 |
| 2012 | $793 +7.9% | $15,020 -8.1% |
| 2011 | $735 +2.8% | $16,350 |
| 2010 | $715 +10.5% | $16,350 |
| 2009 | $647 -12.1% | $16,350 -11.6% |
| 2008 | $735 -1.9% | $18,490 |
| 2007 | $749 -25.2% | $18,490 +0.1% |
| 2006 | $1,003 +5.5% | $18,480 +10% |
| 2005 | $950 -2% | $16,800 |
| 2004 | $970 | $16,800 |
| 2003 | $970 +105.3% | $16,800 +102.5% |
| 2002 | $472 -1.3% | $8,295 |
| 2001 | $479 | $8,295 |
| 2000 | $479 +14.9% | $8,295 +15% |
| 1999 | $416 | $7,210 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 45801
Nearby schools
GreatSchools rating
- 3/10Heritage Elementary SchoolGrades: PK-4Distance: 0.5 mi
- 5/10Liberty Arts Magnet K-8Grades: K-8Distance: 1 mi
- 2/10Lima Senior High SchoolGrades: 9-12Distance: 1.2 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Ohio
- Allen County
- Lima
- 45801
- 854 W Wayne St




