1008 Fairview AvenueLima, OH 45804

Residential - Single Family MLS 942642 Sold
Sold 30000
  • 1008 Fairview Avenue, Lima, OH 45804 Photo 1
1/1 Fullscreen
3 beds 1 full baths 1 partial baths 1,230 sqft

Listed By

Agency Name: REAFCO
Agency Phone: (614) 636-2560

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

This 3-bedroom, 1.5-bath home offers 1,230 sq ft of living space and is priced at just $33,000, presenting an excellent opportunity for both homeowners and investors. For the owner-occupant, this property provides an affordable path to homeownership with plenty of room to add your own style and updates. With some renovations, it can be transformed into a comfortable and personalized home with a fenced yard, off-street parking, and ample living space — all at a fraction of the cost of renting or buying a move-in ready home. For the investor, this property represents a strong value-add opportunity. With cosmetic upgrades and improvements, it can be quickly brought to rental standards, offering solid cash flow potential in Lima’s rental market. At this price point, there’s room to build equity while creating long-term income. Whether you’re looking for a budget-friendly primary residence or your next investment project, 1008 Fairview Ave is a versatile option with tremendous upside.

Property Features

Property Type: Residential - Single Family
Basement: Yes
Cooling: Central
Heating: Forced Air
Lot Size: 0.13 Acres
Year Built: 1920

Feature Descriptions

Basement Features: Partial
Exterior: Frame
Lot Dimensions: 41x135

Local Schools

School District: Lima

Source: Delta Media Group, Inc.

Demographics

Allen County Demographic Information for
Fips
Fips Code 39003
Population
2020 to 2023 Change down 1.3%
2010 Count 106,331
2020 Count 102,206
2023 Estimate (V2023) 100,838
2020 Estimate (V2023) 102,211
Age Distribution (Years Old)
0 to 4 6.0%
5 to 17 23.2%
18 to 64 51.7%
65 and Older 19.1%
Gender
Male 50.1%
Female 49.9%
Place of Birth
Foreign 1.8%
US 98.2%
Education
High School Graduate, Age 25+ 92.0%
Bachelor's Degree or Higher, Age 25+ 19.1%
Computer and Internet use
Households with a computer 91.7%
Households with a broadband Internet subscription 87.1%
Language
English is Second Language, Age 5+ 2.7%
English is First Language, Age 5+ 97.3%
Veterans
Veterans 6,066
Income
Per Capita Income $31,523
Median Household Income $58,976
People in Poverty 12.9%
Commute
Average Work Commute Time 19 minutes
Housing
Total Housing Units 44,870
Households 40,735
Average Household Size 2.42
Owner-Occupied 67.5%
Multi-Family 16.7%
Owner-Occupied Median Value $147,000
Median selected monthly owner costs -with a mortgage $1,190
Median selected monthly owner costs -without a mortgage $497
Median gross rent $844
Building Permits
New Private Housing Issued 2023 91
Years at Residence
1 Year or More 87.1%
Less Than 1 Year 12.9%
Business and Employment
Private non-farm Establishments 2,284
Private non-farm Employment 43,690
Private non-farm Employment Growth down 2.5%
Nonemployer Establishments 5,921
Number of Firms 7,252
Business Production
Value of Shipments $12,615,984,000
Wholesale Trade $1,905,207,000
Retail Trade $1,678,243,000
Retail Sales Per Capita $15,613
Accommodation and Food Services $221,898,000
Land
Land Area 402.50 sq. miles
Population Per Square Mile 265

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 177.36 per month $167.74 Principal & Interest $0.00 Property Tax (data not provided by mls) $9.63 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Croos Country Mortgage

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