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For sale
  • $155,000

    532 Michael Ave, Lima, OH 45804

    3beds
    1,436sqft
    : 
    Single Family Residence
    Built in 1920
    7,518 Square Feet Lot
    $-- Zestimate®
    $108/sqft
    $-- HOA

    What's special

    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.
    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#: 9066770MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 532 Michael Ave.

    Next available tour time:Tomorrow at 11am

    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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