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532 Michael Ave, Lima, OH 45804

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For Sale

$155,000

3 beds • 1 baths • 1,436 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • $107.94
    Price per square foot

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

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.
MLS# 9066770

Courtesy Of Key Realty

(877) 539-7589

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Exterior Type
    Aluminum Siding
  • Heating System
    Baseboard
  • Lot Size
    7,518 Acres
  • Rooms
    Basement, Dining Room, Family Room, Great Room, Kitchen, Living Room

Map and Directions

Directions to 532 Michael Ave, Lima, OH 45804

Home seller CENTURY 21 Sunway Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Sunway Realty

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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Copyright © 2025 Mansfield Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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