This 3-bedroom, 1.5-bath home offers 1,230 sq ft of living space and is priced at just $40,000, 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.
For sale
Price cut: $4K (11/18)
$33,000
1008 Fairview Ave, Lima, OH 45804
3beds
1,230sqft
Est.:
Single Family Residence
Built in 1920
5,532.12 Square Feet Lot
$-- Zestimate®
$27/sqft
$-- HOA
What's special
Fenced yardAmple living spaceOff-street parking
- 98 days |
- 651 |
- 37 |
Zillow last checked: 8 hours ago
Listing updated: November 18, 2025 at 02:44pm
Listed by:
Austin McClain (614)636-2560,
REAFCO
Source: DABR MLS,MLS#: 942642
Originating MLS: Dayton Area Board of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Bedroom
- Level: Second
- Dimensions: 11 x 11
Bedroom
- Level: Main
- Dimensions: 10 x 10
Bedroom
- Level: Main
- Dimensions: 10 x 10
Dining room
- Level: Main
- Dimensions: 14 x 12
Kitchen
- Level: Main
- Dimensions: 10 x 8
Living room
- Level: Main
- Dimensions: 15 x 13
Heating
- Forced Air
Cooling
- Central Air
Features
- Basement: Partial
Interior area
- Total structure area: 1,230
- Total interior livable area: 1,230 sqft
Property
Parking
- Parking features: No Garage
Features
- Levels: One and One Half
Lot
- Size: 5,532.12 Square Feet
- Dimensions: 41 x 135
Details
- Parcel number: 47060820001000
- Zoning: Residential
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame
Condition
- Year built: 1920
Community & HOA
Community
- Subdivision: Jane W Holmes Tenth Sub
HOA
- Has HOA: No
Location
- Region: Lima
Financial & listing details
- Price per square foot: $27/sqft
- Tax assessed value: $27,200
- Annual tax amount: $413
- Date on market: 9/3/2025
Estimated market value
Not available
Estimated sales range
Not available
$1,379/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/18/2025 | Price change | $33,000-10.8%$27/sqft |
Source: | ||
| 9/23/2025 | Price change | $37,000-7.5%$30/sqft |
Source: | ||
| 9/3/2025 | Listed for sale | $40,000+21.2%$33/sqft |
Source: | ||
| 4/29/2025 | Sold | $33,000+20%$27/sqft |
Source: Public Record Report a problem | ||
| 12/13/2006 | Sold | $27,500+323.1%$22/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $413 -7.5% | $9,530 +5.1% |
| 2023 | $446 -0.6% | $9,070 |
| 2022 | $449 -4.2% | $9,070 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$169/mo
Principal & interest
$128
Property taxes
$29
Home insurance
$12
Climate risks
Neighborhood: 45804
Nearby schools
GreatSchools rating
- 3/10Unity Elementary SchoolGrades: PK-4Distance: 0.3 mi
- 5/10Lima South Science-Technology Magnet K-8Grades: K-8Distance: 0.6 mi
- 2/10Lima Senior High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- District: Lima
Source: DABR MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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