Multi Family Investment Properties for Sale in Lima, OH
448- 6 Bed
- 4 Bath
- - sft
268- 6 Bed
- 4 Bath
- - sft
374- 5 Bed
- 5 Bath
- 2315 sft
156- 7 Bed
- 3 Bath
- - sft
Why Invest in Lima, Ohio?
Multi-family properties in Lima, OH offer strong investment potential with affordable entry points and steady rental demand. Average rents support solid cash flows, bolstered by a renter-occupied rate around 40%. Cap rates hover near 8-10% due to low acquisition costs, while modest appreciation provides long-term upside. Economic stability from manufacturing anchors tenant reliability in this Midwest market. Investor focus on value-add opportunities can enhance returns amid improving Ohio housing momentum.
Frequently Asked Questions
Lima offers low entry costs around $140k median with high cap rates of 9%+. Steady manufacturing jobs ensure reliable tenants. Improving Ohio market trends boost long-term appreciation.
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