Property details
About 201-211 W Grand Ave
Great investment opportunity for this 6 - Unit apartment complex on Lima's north end. These town home apartments are identical floor plans at 1,020 SF and 2 beds / 1 bath each. Private carport and parking on the west end of the property. Located less than 1/2 mile from Lima's revitalized downtown. 3 apartments recently renovated. Gross cash flow of $4,025/mo with tremendous rent upside.
Highlights
Summary
- Full Bathrooms: 6
- Basement: Yes
- Total Bedroom Count: 12
- Attached Garage: No
- Parking: Carport
- Architectural Style: See Remarks
- Heating: Forced Air
- Cooling: Other
- List Price: $375,000
- MLS Number: 307647
- MLS Name: WestCentralOH
- Office Name: Dye Real Estate & Land Company
- Office Phone: (419) 516-4106
- Office Email: devindye@gmail.com
- Listing Agent: Garrett Gatton
Information is provided by West Central Association of REALTORS®. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively 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. Copyright 2025 – West Central Association of REALTORS – 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: 7/16/2025, 8:45:37 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
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Tax history
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Nearby schools
3
Heritage Elementary School
Public District PK-4
0.3 mi
•816 College Ave
4
Independence Elementary School
Public District PK-4
0.4 mi
•615 Tremont Ave
3
Freedom Elementary School
Public District PK-4
2.0 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 $42,393. The most common annual income of people living in Lima, OH is between $35k-100k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.
Frequently asked questions
About 201-211 W Grand Ave
The listing price of 201-211 W Grand Ave property is $375,000.
The property 201-211 W Grand Ave is a multi located in Lima, Ohio, 45801.
Active Listing: 201-211 W Grand Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 201-211 W Grand Ave are: Heritage Elementary School (GreatSchools Rating 3/10), Independence Elementary School (GreatSchools Rating 4/10), Freedom Elementary School (GreatSchools Rating 3/10), Heir Force Community School (GreatSchools Rating 4/10), Lima North Middle School (GreatSchools Rating 2/10), Liberty Arts Magnet K-8 (GreatSchools Rating 4/10), West Central Learning Academy II (GreatSchools Rating 3/10), Lima Senior High School (GreatSchools Rating 2/10), Bath High School (GreatSchools Rating 5/10).
This home is located at 201-211 W Grand Ave in Lima, OH and zip code 45801. Features: 12 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since July 14, 2025 and is currently priced at $375,000.
In June 2025 more than 9 listings in Lima, OH were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 11 were sold below. In June 2025 in Lima, OH there were 9.4% more homes for sale than in May. In June 2025 median list price was $180,000 and the average listing age was 29 days.