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.
For sale
$70,750
1209 Rice Ave, Lima, OH 45805
2beds
1,548sqft
Est.:
Single Family Residence
Built in 1923
1,742.4 Square Feet Lot
$-- Zestimate®
$46/sqft
$-- HOA
What's special
Spacious layoutOff-street parking
- 103 days
- on Zillow |
- 56 |
- 3 |
Zillow last checked: 7 hours ago
Listing updated: July 09, 2025 at 02:24pm
Listed by:
Key Realty
Source: MAR,MLS#: 9066801

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 1
Rooms
- Room types: Other-See Remarks
Primary bedroom
- Level: Upper
- Area: 100
- Dimensions: 10 x 10
Bedroom 2
- Level: Main
- Area: 100
- Dimensions: 10 x 10
Kitchen
- Level: Main
- Area: 40
- Dimensions: 5 x 8
Living room
- Level: Main
- Area: 100
- Dimensions: 10 x 10
Heating
- Baseboard
Cooling
- Wall Unit(s)
Appliances
- Laundry: Other
Features
- Basement: Full
- Has fireplace: Yes
- Fireplace features: Other
Interior area
- Total structure area: 1,548
- Total interior livable area: 1,548 sqft
Video & virtual tour
Property
Parking
- Parking features: No Garage, Gravel
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Entry location: Main Level
- Exterior features: Other
Lot
- Size: 1,742.4 Square Feet
- Dimensions: 1742.4
- Features: City Lot
Details
- Parcel number: 36261215002.000
- Special conditions: Sold As Is
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Roof: Composition
Condition
- Year built: 1923
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Lima
Financial & listing details
- Price per square foot: $46/sqft
- Tax assessed value: $53,700
- Annual tax amount: $1,072
- Date on market: 4/29/2025
- Listing terms: Cash,Conventional,FHA
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