#9066765, Daniel Amaro, Listing office: Key Realty
Property details
About 1209 Rice Ave
This tenant-occupied 2-bedroom, 1-bath single-family home offers approximately 1,548 sq ft of living space and strong cash flow potential from day one. Currently rented at $900 per month, this property provides immediate income for investors. The home features a spacious layout and includes off-street parking. Conveniently located near schools, parks, shopping, and commuter routes, it offers practical appeal for long-term tenants. Whether you're growing your rental portfolio or seeking a stabilized property with reliable returns, this investment offers lasting value in the Lima market.
Highlights
Summary
- Full Bathrooms: 1
- Basement: Yes
- Total Bedroom Count: 2
- Attached Garage: No
- Parking: Gravel
- Architectural Style: Stnd 2 Story
- Heating: Baseboard
- List Price: $70,750
- Price/SqFt: $45
- Annual Tax Amount: $726
- Tax Year: 2023
- Directions: On Rice Ave.
- Year Built: 1923
- Stories: 2
- Living Area: 1,548 SqFt
- MLS Number: 9066801
- MLS Name: MansfieldOH
- Office Name: Key Realty
- Office Email: tyler.miller@keysoldgroup.com
- Listing Agent: Tyler Miller
The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither Listing Broker(s) this broker shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Copyright Mansfield Association of REALTORS® Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/28/2025, 8:45:38 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
Date | Event | Price |
---|---|---|
Mar 29, 2022 | Home Sold | $336,000 |
Jan 08, 2004 | Home Sold | $23,250 |
Jun 04, 2003 | Home Sold | $20,500 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $16,490 | $726 |
2022 | $16,490 | $766 |
2021 | $16,490 | $772 |
2020 | $14,070 | $745 |
2019 | $14,070 | $746 |
2018 | $14,070 | $738 |
2017 | $14,070 | $748 |
History based on county public records data.
Nearby schools
3
Heritage Elementary School
Public District PK-4
0.2 mi
•816 College Ave
4
Independence Elementary School
Public District PK-4
0.9 mi
•615 Tremont Ave
3
Freedom Elementary School
Public District PK-4
2.2 mi
•575 Calumet Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $30,938. The majority of Lima, OH residents have income less than $<35k annually. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.
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Frequently asked questions
About 1209 Rice Ave
The listing price of 1209 Rice Ave property is $70,750.
The property 1209 Rice Ave is a house located in Lima, Ohio, 45801.
Active Listing: 1209 Rice Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1209 Rice Ave are: Heritage Elementary School (GreatSchools Rating 3/10), Independence Elementary School (GreatSchools Rating 4/10), Freedom Elementary School (GreatSchools Rating 3/10), Lima West Middle School (GreatSchools Rating 4/10), Heir Force Community School (GreatSchools Rating 4/10), Lima North Middle School (GreatSchools Rating 2/10), West Central Learning Academy II (GreatSchools Rating 3/10), Lima Senior High School (GreatSchools Rating 2/10), Elida Middle School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2023 is $726 (source: MLS/based on county public records data).
The last sale was on March 29, 2022 for $336,000 (source: MLS/tax record).
The property at 1209 Rice Ave has 2 bedrooms and 1 bathroom.
The property 1209 Rice Ave is 1,548 SqFt (source: MLS/tax record).
The year of construction for 1209 Rice Ave is 1923.
This home is located at 1209 Rice Ave in Lima, OH and zip code 45805. This 1,548 square foot home was built in 1923. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 30, 2025 and is currently priced at $70,750.
Lima, OH housing market in June 2025 saw over 9 listings sold above listed price, more than 6 sold at listed price and over 11 sold below. The inventory of homes for sale in Lima, OH between May and June 2025 increased by 9.4%. Listings spent 29 days on the market in June 2025, and had a median list price of $180,000 during the same period.