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1415 W Wayne St, Lima, OH, 45805

2beds
1baths
1,156sqft
$65,000
$56price/sqft
$620/moest. monthly cost
$24,800/yrincome needed

About This Home

Great opportunity for investors looking to add a cash-flowing asset to their portfolio. This single-family 2 bedroom 1 bath home with a possible 3rd bedroom, offers the potential to be refreshed and rental-ready in a short amount of time. Conveniently located on the West side, it's close to shopping, dining and entertainment, making it an attractive option for future tenants. Recent updates include central air conditioning and furnace, adding comfort and value. Don't miss this investment opportunity. Schedule your showing today.

Getting Around

58
WalkingSomewhat Walkable
21
TransitMinimal Transit
45
BikeSomewhat Bikeable

Schools

3/10
3/10
Lima West Middle SchoolGrades 7-80.9 mi
2/10
Lima Senior High SchoolGrades 9-121.8 mi

Construction

Condition

  • Year built: 1920

Materials

  • Foundation: Block
  • Construction materials: Vinyl Siding

Type & Style

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

Interior

Bedrooms & Bathrooms

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

Features

  • Flooring: Carpet,Laminate

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,156
  • Total interior livable area: 1,156 sqft

Property

Details

  • Parcel number: 36350504004.000
  • Zoning description: Residential

Features

  • Levels: Two

Lot

  • Lot size: 5,662 sqft

Parking

  • Parking features: Parking Pad
  • Has uncovered spaces: Yes

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

  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Strong Wind
Winter Weather
Hail
Inland Flooding
Ice Storm
Lightning
Tornado

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 $328$3,936
Home Insurance *$42$504
Property Taxes $57$684
Electricity $193$2,320
Total$620$7,440
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$21,257/yr
40% on housing$18,600/yr
45% on housing$16,533/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

$56This 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)

No zestimate history available

Price History

DateEventPrice
2026-07-14Price change$65,000
2026-07-07Listed for sale$69,900
2021-03-24Listing removed--
2013-05-06Listing removed$39,900
2013-03-07Listed for sale$39,900
2005-02-04Sold$7,000
1997-11-06Sold$8,000

For Sale by Agent

AgentDavid Mayer
BrokerageHartsock Realty

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