#1039642, Jeremy Huebner, Listing office: Binkley Real Estate, LLC
Property details
About 2275 N Cable Rd Unit 198
Welcome to Unit 198 at the Gatehouse Condominiums in Lima, Ohio! This efficiency unit features a compact, functional layout with one bathroom and is currently tenant-occupied, bringing in $750 per month in rental income.Located in a well-maintained, professionally managed community, this unit offers a low-maintenance investment opportunity with consistent cash flow. Whether you're a seasoned investor or just starting out, this affordable condo makes a smart addition to any portfolio.
Highlights
Home typeCondominium
HeatingForced Air
StatusActive
CoolingCentral Air
Size430 sqft
Year built1970
MLS #1039643
Summary
- Full Bathrooms: 1
- Flooring Type: Carpet, Vinyl
- Total Bedroom Count: 1
- Architectural Style: Attached
- Heating: Forced Air
- Cooling: Central Air
- List Price: $75,000
- Price/SqFt: $174
- Directions: North on Cable, go past the Lima Mall, Gatehouse is on the left.
- Year Built: 1970
- Living Area: 430 SqFt
- MLS Number: 1039643
- MLS Name: WRIST
- Office Name: Binkley Real Estate, LLC
- Office Phone: (571) 228-7788
- Listing Agent: Jeremy Huebner
Information is provided by Western Regional Information Systems and Technology, Inc. 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 Western Regional Information Systems and Technology, Inc. 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: 7/27/2025, 3:45:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
We're sorry, we currently don't have tax history data for this listing.
Nearby schools
3
Heritage Elementary School
Public District PK-4
1.9 mi
•816 College Ave
4
Independence Elementary School
Public District PK-4
2.1 mi
•615 Tremont Ave
4
Elida Elementary School
Public District KG-4
2.3 mi
•300 Pioneer Rd
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 $43,086. Most Lima, OH residents have annual incomes between $35k-100k. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
40%
<35k
45%
35k-100k
14%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
59%
Single, No Kids
7%
Single, with Kids
26%
Married, No Kids
8%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
7%
<11 yrs old
4%
12-17 yrs old
25%
18-34 yrs old
38%
35-64 yrs old
26%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
Extreme Sports
Pro Wrestling
Where do the neighbors shop?
Kmart
Academy Sports & Outdoors
Wal-Mart
Where do the neighbors go to eat?
Bob Evans
Little Caesars
Sonic
What do the neighbors drive?
Buick
Chevrolet
Oldsmobile
What do the neighbors listen to?
Oldies
Country- Contemporary Inspirational
All data provided by Home Junction and Claritas
Similar homes for sale
Backup offers
#306698, Dawne Anderson, Listing office: Berkshire Hathaway Professional Realty
#307497, Jeremy Huebner, Listing office: Binkley Real Estate- Wapakoneta
2 days on Rocket
#307791, Eric Schomber, Listing office: EXP Realty-Dublin
Frequently asked questions
About 2275 N Cable Rd Unit 198
The listing price of 2275 N Cable Rd Unit 198 property is $75,000.
The property 2275 N Cable Rd Unit 198 is a condo located in Lima, Ohio, 45807.
Active Listing: 2275 N Cable Rd Unit 198 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 2275 N Cable Rd Unit 198 are: Heritage Elementary School (GreatSchools Rating 3/10), Independence Elementary School (GreatSchools Rating 4/10), Elida Elementary School (GreatSchools Rating 4/10), Lima West Middle School (GreatSchools Rating 4/10), Lima North Middle School (GreatSchools Rating 2/10), Heir Force Community School (GreatSchools Rating 4/10), Elida Middle School (GreatSchools Rating 7/10), West Central Learning Academy II (GreatSchools Rating 3/10), Elida High School (GreatSchools Rating 6/10).
The property at 2275 N Cable Rd Unit 198 has 1 bedroom and 1 bathroom.
The property 2275 N Cable Rd Unit 198 is 430 SqFt (source: MLS/tax record).
The year of construction for 2275 N Cable Rd Unit 198 is 1970.
This home is located at 2275 N Cable Rd Unit 198 in Lima, OH and zip code 45807. This 430 square foot home was built in 1970. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since June 25, 2025 and is currently priced at $75,000.
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. The number of homes for sale in Lima, OH increased by 9.4% between May and June 2025. In June 2025, listings were on the market for 29 days. During the same period, the median list price in this real estate market was $180,000.
From Rocket Homes Real Estate and based on county public records data.