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949 Leland Ave, Lima, OH, 45805

2beds
1baths
1,136sqft
$89,000
$78price/sqft
$778/moest. monthly cost
$31,120/yrincome needed

About This Home

Investors! TURNKEY, tenant occupied property! Ready to go! This 3 bedroom, one full bath home is ready for a new owner! Excellent tenant! $1100/month cash income plus tenant pays gas/electric. This home offers 1136 square feet with plenty of space! Main level offers a large kitchen with dinette area, dining room, living room and closet areas! Second level offers 2 nice sized bedrooms, a full bathroom and ample closet spaces! Basement offers a 3rd finished bedroom area! Updates include: Roof within 10 years, refinished hardwood floors on main level, LVP flooring in kitchen, 1st floor laundry moved from basement, fully updated electrical wiring and electrical panel, hot water tank, room in basement finished for additional bedroom space, some ductwork, interior paint, and hardwood floors on second level refinished! Furnace year unknown, works great, no issues. Nice lot, quiet street! Close to downtown Lima, restaurants, shopping, hospital, parks and more! Selling AS IS, no seller financing. Solid property, income and tenant! Hurry this will not last long!

Getting Around

54
WalkingSomewhat Walkable
23
TransitMinimal Transit
45
BikeSomewhat Bikeable

Schools

2/10
5/10
Liberty Arts Magnet K-8Grades K-81.3 mi
2/10
Lima Senior High SchoolGrades 9-121.4 mi

Construction

Condition

  • Year built: 1908

Materials

  • Foundation: Block
  • Roof: Asphalt,Fiberglass
  • Construction materials: See Remarks

Type & Style

  • Home type: SingleFamily
  • Architectural style: Conventional
  • Property subType: Single Family Residence

Interior

Appliances

  • Laundry features: Washer Hookup,Electric Dryer Hookup

Basement

  • Has basement: Yes
  • Basement: Full,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1

Features

  • Fireplace features: None
  • Finished area below ground: 0
  • Finished area above ground: 1,136

Heating & Cooling

  • Heating features: Gas
  • Cooling features: None

Interior Area

  • Total structure area: 1,136
  • Total interior livable area: 1,136 sqft

Property

Details

  • Parcel number: 36251018012.000
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Front Porch,Porch

Lot

  • Lot size: 6,141 sqft
  • Lot size dimensions: 41 x 150

Parking

  • Parking features: On Street

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Strong Wind
Winter Weather

FEMA Declared Disasters Across Ohio Counties

Flood

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $450$5,400
Home Insurance *$57$684
Property Taxes $78$936
Electricity $193$2,320
Total$778$9,336
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$26,674/yr
40% on housing$23,340/yr
45% on housing$20,746/yr

Ohio FAIR Plan Programs

Ohio FAIR Plan Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 13,942Commercial: 466
Total Premiums$18.03M
Total Exposure$5.92B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.4%
8.4%
0%30.0%
Electricity Growth Rate10-year average: 5.9%
5.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.5%
0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$78This listing

vs Other Active Listings

Avg $/sqft

ZIP 45805$108
Allen County$112

vs Homes Sold Last Month

Median $/sqft

ZIP 45805$132
Allen County$116

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-25Price change$89,000
2026-03-03Price change$99,000
2026-02-21Price change$119,500
2026-01-26Listed for sale$122,500
2025-07-19Listing removed$70,750
2025-07-09Listed for sale$70,750
2024-02-27Listing removed--
2023-11-02Listed for sale$65,000
2006-10-20Sold$30,000
2002-03-29Sold$38,000
2001-03-23Sold$36,000
2000-12-22Sold$20,000

For Sale by Agent

AgentLeilani M Bowersock
BrokerageColdwell Banker Schmidt Realty

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