504 S Shawnee Street, Lima

$149,000

3 Beds
2 Baths
0 Acre
0 Garage

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.

Essential Information
MLS® #309293
Price$149,000
Bedrooms3
Bathrooms2.00
Full Baths2
TypeResidential Income
Sub-TypeMulti Family
StyleSee Remarks
StatusActive
Community Information
Address504 S Shawnee Street
CityLima
CountyAllen
StateOH
Zip Code45804
Amenities
ParkingOff Street
Interior
HeatingForced Air, Natural Gas
CoolingCentral Air, Window Unit(s)
Exterior
FoundationOther
School Information
DistrictLima
Additional Information
Date ListedJanuary 26th, 2026
Days on Market1
ZoningIndustrial
Listing Details
AgentTim Stanford
OfficeSuperior Plus Realtors
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Listing information last updated on February 1st, 2026 at 12:59am EST.