504 Shawnee Street, Lima, Ohio

$149,000
3 Bedrooms
Bedrooms
2 Bathrooms
Bathrooms
Property Description

Prime Investment Opportunity Steps from Lima Memorial Hospital. Maximize your portfolio with this high-performing income property generating more than $15,000 in annual net income, this unique setup offers immediate cash flow in a location second to none for rental demand. Situated within easy walking distance of Lima Memorial Hospital, this well maintained property is perfectly positioned to attract healthcare professionals and medical staff seeking a short commute. The property features two distinct living spaces that provide a rare ”house hacking” opportunity for a savvy buyer. You can live in one unit while the other pays your mortgage, or rent both for maximum returns. The main residence is a spacious 1,132-square-foot, two-bedroom home with a comfortable layout, while the separate 320-square-foot efficiency unit is ideal for a low-maintenance tenant or the lucrative traveling nurse market making this a hospital-district gem. Easily accessible corner lot. Whether you are looking for a reliable turn-key investment or a home that pays for itself, this property delivers both stability and growth in the heart of Lima.

Basic Details
  • Status
    Active
  • Property Type
    Residential Income
  • Listing Type
    For Sale
  • Listing ID
    309293
  • Price
    $149,000
  • Bedrooms
    3
  • Baths Total
    2
  • Bathrooms
    2
  • Location
    United States, Ohio, Allen, Lima
  • Property Sub Type
    Multi Family
  • School District
    Lima
Features
  • Heating System
    Forced Air, Natural Gas
  • Cooling System
    Central Air, Window Unit(s)
  • Parking
    Off Street
  • Foundation
    Other
Appliances
No data
Address Map
  • Street
    Shawnee
  • Street Number
    504
  • Street Suffix
    Street
  • Postal Code
    45804
  • Longitude
    W85° 54' 43.1''
  • Latitude
    N40° 44' 5.5''
  • Street Dir Prefix
    S
Neighborhood
No data
Additional Information
  • Office Name
    Superior Plus Realtors
  • Agent Name
    Tim Stanford
  • Building Style
    See Remarks
  • List Agent MLSID
    166_30
  • Listing Member Phone
    (419) 230-2421
  • Listing Office Phone
    (419) 222-3040
  • Agent ID
    20221025190949166784000000
504 Shawnee Street, Lima, Ohio
504 Shawnee Street, Lima, Ohio
504 Shawnee Street, Lima, Ohio
504 Shawnee Street, Lima, Ohio
504 Shawnee Street, Lima, Ohio
504 Shawnee Street, Lima, Ohio
504 Shawnee Street, Lima, Ohio
504 Shawnee Street, Lima, Ohio
504 Shawnee Street, Lima, Ohio
504 Shawnee Street, Lima, Ohio
504 Shawnee Street, Lima, Ohio
504 Shawnee Street, Lima, Ohio
504 Shawnee Street, Lima, Ohio
504 Shawnee Street, Lima, Ohio
Map
Listing information © 2026 West Central Association of Realtors MLS
Listing provided by Tim Stanford of Superior Plus Realtors : (419) 230-2421.
Contact Agent
Mortgage Calculator
monthly mortgage payments