824 E 2nd Street, Lima, OH 45804

New Listing
$55,000
Property Type: Residential Bedrooms: 3 Baths: 1 Square Footage: 1,474 Lot Size (sq. ft.): 6,098 Status: Active
Current Price: $55,000 List Date: 4/01/2026 Last Modified: 4/01/2026

Overview

Description

Investor Opportunity: This oversized 1,474 sq. ft. conventional two-story at 824 E 2nd St is a prime candidate for a renovation. Offering a rare 7-room layout (3BR/1BA) and a massive 1,082 sq. ft. main floor, this property significantly outperforms the smaller neighborhood average. Already equipped with Central Air--a major value-add for 1920s builds--and situated on a deep 152' lot near Unity Elementary, it is priced for a quick close and ready for a professional flip or a high-cap-rate addition to your portfolio.

Listing Details MLS# 226009993

Location Property Info

Property Sub Type
Single Family Residence
Original List Price
55000
Street #
824
Street PreDirection
E
Street Name
2nd
Street Suffix
Street
County
Allen
State
OH
Zip Code
45804
School District
LIMA CSD 206 ALL CO.
Township
None

OfficeContract Info

MLS Entry Date
2026-04-01

General Property Info

Total Baths
Yes
Baths F.H
Yes
Full Baths
Yes
Built Prior to 1978
Yes
Year Built
1920
SqFt Documented
1474
Documented SqFt Source
Realist
SqFt ATFLS
1474
ATFLS Source
Realist
Acreage
0.14
Manufactured Housing Y/N
No
HOA/COA Y/N
No

Tax Info

Parcel #
47-06-09-04-001.000
Tax Year
2025
Tax Abatement
No
Taxes (Yrly)
921

Bedroom Level

Beds UP1
2
Beds Entry Level
Yes

Full Baths Level

Full B Entry Level
Yes

More Information

Living Room Level

Living R Entry Level
Yes

Dining Room Level

Dining Entry Level
Yes

Basement

Basement Y/N
Yes

Accessory Dwelling Unit

Existing Accessory Dwelling Unit
No

Accessible Features

Accessible Features - Form Required
No

Auction Info

Auction/Online Bidding Y/N
No

Green Features

Green Features Y/N - Form Required
No

Location & Property Info

List Price/SqFt
37.31
City (Mailing Addr)
Lima
Corp LimitPerAuditor
Lima
New Construction
No

Remarks & Misc

Property Description
Investor Opportunity: This oversized 1,474 sq. ft. conventional two-story at 824 E 2nd St is a prime candidate for a renovation. Offering a rare 7-room layout (3BR/1BA) and a massive 1,082 sq. ft. main floor, this property significantly outperforms the smaller neighborhood average. Already equipped with Central Air--a major value-add for 1920s builds--and situated on a deep 152' lot near Unity Elementary, it is priced for a quick close and ready for a professional flip or a high-cap-rate addition to your portfolio.

Addl Acceptance Cond

None Known
Yes

Levels

Two
Yes

Architectural Style

Traditional
Yes

Common Walls

No Common Walls
Yes

Parking Features

No Garage
Yes

Water Source

Public
Yes

Sewer

Public Sewer
Yes

Basement Description

Partial
Yes

Foundation

Other
Yes

Heating

Baseboard
Yes

Air Conditioning

Central Air
Yes

MLS Primary PhotoSrc

Realtor Provided
Yes

Property Features

Levels: Two Architectural Style: Traditional Common Walls: No Common Walls Addl Acceptance Cond: None Known Parking Features: No Garage Basement Description: Partial Foundation: Other Heating: Baseboard Air Conditioning: Central Air Sewer: Public Sewer Water Source: Public MLS Primary PhotoSrc: Realtor Provided
Listing Office: Realistar
Listing Agent: Phillip Warren Stern
Last Updated: April - 01 - 2026
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