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705 W Elm Street, 
Lima, OH 45801

$148,000


5

Beds


2

Baths


2,711

Sq Ft


Multi-Family

Active

Listed by

Lindsay Miller

Oakridge Realty & Auction Co.

lindsay.mcdonald.realtor@gmail.com

Last updated:

May 27, 2026, 02:37 PM

MLS#

310281

Source:

OH WCAR

About This Home

705 W Elm Street

Investor opportunity in Lima -- this duplex offers solid income potential and plenty of space for tenants. The lower unit features approximately 1,496 sq. ft. with 3 bedrooms and 1 full bath. Inside, you'll find a spacious layout, hardwood flooring, an updated bathroom, central air, and gas forced-air heat. Washer and dryer hookups are located in the basement. The downstairs unit currently rents for $1,000 per month. The upper unit, located at 705 1/2 W. Elm St., offers approximately 1,177 sq. ft. with 2 bedrooms and 1 full bath. This unit includes large living spaces, an updated bathroom, washer and dryer hookups near the kitchen area, and electric baseboard heat. The upstairs unit currently rents for $800 per month. Additional features include separate electric panels for each unit, rear parking access for tenants, a newer roof and gutters installed in 2020, and many replacement windows completed in 2019. A great opportunity to expand your investment portfolio with a property that already has strong rental income potential

Home Facts

Multi-Family

2 Baths

5 Bedrooms

Built in 1920

Price Summary

148,000

$54 per Sq. Ft.

MLS #:

310281

Last Updated:

May 27, 2026, 02:37 PM

Added:

9 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

5

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

2,711 Sq. Ft.


Structure

Structure

Architectural Style:

2 Story

Building Area:

2,711 Sq. Ft.

Year Built:

1920


Finances & Disclosures

Finances

Price:

$148,000

Price per Sq. Ft:

$54 per Sq. Ft.

Source:OH WCAR
The information being provided by West Central Association Of REALTORS® Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 West Central Association Of REALTORS® Mls All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.