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For sale
  • $70,750

    508 N Collett St, Lima, OH 45805

    2beds
    945sqft
    : 
    Single Family Residence
    Built in 1920
    3,484.8 Square Feet Lot
    $-- Zestimate®
    $75/sqft
    $-- HOA

    What's special

    Functional floor planOff-street parking
    This tenant-occupied 2-bedroom, 1-bath single-family home offers approximately 945 sq ft of living space and steady cash flow potential. Currently rented at $600 per month, the property is below market rent, presenting an opportunity for increased returns over time. The home includes a functional floor plan and off-street parking. Conveniently located near schools, parks, shopping, and major roads, it offers easy access for tenants and reliable long-term rental appeal. Whether you're acquiring your first investment or expanding an existing portfolio, this property provides consistent income with upside in the Lima rental market.
    80 days
    on Zillow
    |
    43
    |
    5
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 09, 2025 at 02:16pm

    Listed by:

    Key Realty

    Source: MAR,MLS#: 9066802MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 508 N Collett St.

    Next available tour time:Today at 4pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bedrooms: 1
    Rooms
    • Room types: Other-See Remarks
    Primary bedroom
    • Level: Upper
    • Area: 100
    • Dimensions: 10 x 10
    Bedroom 2
    • Level: Main
    • Area: 100
    • Dimensions: 10 x 10
    Kitchen
    • Level: Main
    • Area: 40
    • Dimensions: 5 x 8
    Living room
    • Level: Main
    • Area: 100
    • Dimensions: 10 x 10
    Heating
    • Baseboard
    Cooling
    • Wall Unit(s)
    Appliances
    • Laundry: Other
    Features
    • Basement: Partial
    • Has fireplace: Yes
    • Fireplace features: Other
    Interior area
    • Total structure area: 945
    • Total interior livable area: 945 sqft
    Video & virtual tour

    Property

    Parking
    • Parking features: Garage Detached, Gravel
    • Has garage: Yes
    • Has uncovered spaces: Yes
    Features
    • Levels: One and One Half
    • Stories: 2
    • Entry location: Main Level
    • Exterior features: Other
    Lot
    • Size: 3,484.8 Square Feet
    • Dimensions: 3484.8
    • Features: City Lot
    Details
    • Parcel number: 36251212018.000
    • Special conditions: Sold As Is

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Vinyl Siding
    • Roof: Composition
    Condition
    • Year built: 1920

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Lima

    Financial & listing details

    • Price per square foot: $75/sqft
    • Tax assessed value: $36,300
    • Annual tax amount: $724
    • Date on market: 4/29/2025
    • Listing terms: Cash,Conventional,FHA
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