This vacant 3-bedroom, 1-bath single-family home offers approximately 1,436 sq ft of living space and strong cash flow potential. With an estimated market rent of $1,177 per month based on local comparables, the property provides an immediate income opportunity for investors. The home includes off-street parking and a practical layout suited for long-term tenants. Conveniently located near schools, parks, shopping, and major roadways, it offers solid rental appeal and accessibility. Whether you're expanding your portfolio or entering the Lima market, this property presents dependable value with room for growth.
For sale
$155,000
532 Michael Ave, Lima, OH 45804
3beds
1,436sqft
Est.:
Single Family Residence
Built in 1920
7,518 Square Feet Lot
$-- Zestimate®
$108/sqft
$-- HOA
What's special
- 96 days
- on Zillow |
- 73 |
- 1 |
Zillow last checked: 7 hours ago
Listing updated: July 08, 2025 at 06:23pm
Listed by:
Daniel Amaro,
Key Realty
Source: MAR,MLS#: 9066770

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 3
Primary bedroom
- Level: Main
- Area: 168
- Dimensions: 12 x 14
Bedroom 2
- Level: Main
- Area: 100
- Dimensions: 10 x 10
Bedroom 3
- Level: Main
- Area: 144
- Dimensions: 12 x 12
Dining room
- Level: Main
- Area: 144
- Dimensions: 12 x 12
Family room
- Level: Main
- Area: 144
- Dimensions: 12 x 12
Kitchen
- Level: Main
- Area: 144
- Dimensions: 12 x 12
Living room
- Level: Main
- Area: 168
- Dimensions: 12 x 14
Heating
- Baseboard
Cooling
- None
Appliances
- Laundry: Other
Features
- Entrance Foyer
- Basement: Partial
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,436
- Total interior livable area: 1,436 sqft
Video & virtual tour
Property
Parking
- Parking features: No Garage, Gravel
- Has uncovered spaces: Yes
Features
- Levels: Two
Lot
- Size: 7,518 Square Feet
- Dimensions: 7518
- Features: City Lot
Details
- Parcel number: 47060806030.000
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Aluminum Siding
- Roof: Composition
Condition
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Lima
Financial & listing details
- Price per square foot: $108/sqft
- Tax assessed value: $25,200
- Annual tax amount: $414
- Date on market: 4/29/2025
- Listing terms: Cash,Conventional,FHA
- Road surface type: Paved
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