504 S Shawnee Street, Lima, OH

$139,000

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3

Beds

2

Baths

About 504 S Shawnee Street

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.

Features of 504 S Shawnee Street

MLS® # 309293
Price $139,000
Bedrooms 3
Bathrooms 2.00
Full Baths 2
Type Residential Income
Sub-Type Multi Family
Style See Remarks
Status Active

Community Information

Address 504 S Shawnee Street
City Lima
County Allen
State OH
Zip Code 45804

Amenities

Parking Off Street
Is Waterfront No

Interior

Heating Forced Air, Natural Gas
Cooling Central Air, Window Unit(s)
Fireplace No
Has Basement No

Exterior

Foundation Other

School Information

District Lima

Additional Information

Date Listed January 26th, 2026
Days on Market 185
Zoning Industrial
RE / Bank Owned No

Listing Details

AgentTim Stanford
OfficeSuperior Plus Realtors

Listing Map

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