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$70,750

703 Collett St Lima, OH 45805

3 beds
1 full
1,151 sqft
$61 / sqft
House

Property details

About 703 Collett St

This tenant-occupied 3-bedroom, 1-bath single-family home offers approximately 1,151 sq ft of living space and reliable cash flow potential. Currently rented at $600 per month, the property is operating below market rent, allowing room for future income growth. The home features a spacious, functional layout and includes off-street parking. Located near schools, parks, shopping, and major roadways, it offers practical access for tenants and strong long-term rental appeal. Whether you're expanding your portfolio or seeking a stabilized asset with upside, this property presents a solid investment opportunity in the Lima rental market.

Highlights

Home typeSingle Family Residence
HeatingBaseboard
StatusActive
CoolingWindow Unit(s)
Size1,151 sqft
BasementYes
Year built1914
ParkingConcrete
MLS #9066815

Summary

  • Full Bathrooms: 1
  • Basement: Yes
  • Total Bedroom Count: 3
  • Attached Garage: No
  • Parking: Concrete
  • Architectural Style: Story & 1/2
  • Heating: Baseboard
  • Cooling: Window Unit(s)
  • List Price: $70,750
  • Price/SqFt: $61
  • Directions: On Collett Street
  • Year Built: 1914
  • Stories: 2
  • Living Area: 1,151 SqFt
  • MLS Number: 9066815
  • 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, 2:45:38 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

0.4 mi

816 College Ave

4

Independence Elementary School

Public District PK-4

0.5 mi

615 Tremont Ave

3

Freedom Elementary School

Public District PK-4

1.8 mi

575 Calumet Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $34,524. The majority of Lima, OH residents have income less than $<35k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

51%
<35k
47%
35k-100k
3%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

36%
Single, No Kids
36%
Single, with Kids
15%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

26%
<11 yrs old
11%
12-17 yrs old
29%
18-34 yrs old
30%
35-64 yrs old
4%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • Pro BoxingPro Boxing
  • SoccerSoccer

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • BurlingtonBurlington
  • Forever 21Forever 21

Where do the neighbors go to eat?

  • Burger KingBurger King
  • PopeyesPopeyes
  • Dominos PizzaDominos Pizza

What do the neighbors drive?

  • BuickBuick
  • DodgeDodge
  • MazdaMazda

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • RockRock
All data provided by Home Junction and Claritas

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Frequently asked questions

About 703 Collett St

The listing price of 703 Collett St property is $70,750.

The property 703 Collett St is a house located in Lima, Ohio, 45805.

Active Listing: 703 Collett St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 703 Collett St 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).

The property at 703 Collett St has 3 bedrooms and 1 bathroom.

The property 703 Collett St is 1,151 SqFt (source: MLS/tax record).

The year of construction for 703 Collett St is 1914.

This home is located at 703 Collett St in Lima, OH and zip code 45805. This 1,151 square foot home was built in 1914. Features: 3 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. In June 2025 in Lima, OH there were 9.4% more homes for sale than in May. While the average time on the market in June 2025 was 29 days, the median list price was $180,000.

From Rocket Homes Real Estate and based on county public records data.

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