Great Opportunity to invest in this Lima Duplex located just a short walk away from St. Rita's Hospital! Great Cash flow! Gross monthly income is $1,400. Front Unit- 685 W Spring St- 1000SqFt- 3 bed 1 bath- Leased $700/month Rear Unit- 201 S Baxter St- 820 SqFt- 2 bed 1 bath- Leased $700/month
Multi-familyProperty Type
1920Year Built
$61Est. Price/Sq.Ft.
Listed by Jacob McKissick• Dye Real Estate & Land Company
Bought with Jacob McKissick• Dye Real Estate & Land Company
Nice 2 unit duplex on the corner of 685 W. Spring St is the address for the front unit and address for the rear unit 201 S. Baxter St. Front unit has 3 bedrooms and 1 bath and the rear unit has 2 bedrooms and 1 bath. Both units are rented. Tenants pay all utilites except water, sewer and trash is paid by owner. Please allow 48 hours for showings
Public Records
Sep 7, 2022
Sold
$51,000
$28/sq ft
WCARE #205670
Jul 9, 2021
Listed
$49,900
$27/sq ft
WRIST #371002
Sep 16, 2016
Listing Removed
—
Sep 16, 2015
Listed
$39,900
$22/sq ft
WCARE #99139
Sep 16, 2015
Listed
$39,900
$22/sq ft
Public Records
Jan 25, 2002
Sold
$20,000
$11/sq ft
Public Records
Apr 19, 1995
Sold
$15,500
$9/sq ft
Public Records
Jun 14, 1993
Sold
$15,000
$8/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$558 (+0.3%)
$1,650 + $12,320
$13,970
2024
$556 (−7.3%)
$1,650 + $12,320
$13,970
2023
$600 (−0.3%)
$1,580 + $11,730
$13,310
2022
$602 (−5.5%)
$1,580 + $11,730
$13,310
2021
$637 (−3.3%)
$1,580 + $11,730
$13,310
2020
$658
$1,120 + $11,130
$12,250
2019
$658 (+1.1%)
$1,120 + $11,130
$12,250
2018
$651 (−1.4%)
$1,120 + $11,130
$12,250
2017
$660 (−1.3%)
$1,120 + $11,130
$12,250
2016
$669 (−5.1%)
$1,120 + $11,130
$12,250
2014
$705
$1,155 + $11,620
$12,775
Tax history for 685 W Spring St
Year
Property tax
Land + Additions
Assessment*
2025
$558 (+0.3%)
$1,650 + $12,320
$13,970
2024
$556 (−7.3%)
$1,650 + $12,320
$13,970
2023
$600 (−0.3%)
$1,580 + $11,730
$13,310
2022
$602 (−5.5%)
$1,580 + $11,730
$13,310
2021
$637 (−3.3%)
$1,580 + $11,730
$13,310
2020
$658
$1,120 + $11,130
$12,250
2019
$658 (+1.1%)
$1,120 + $11,130
$12,250
2018
$651 (−1.4%)
$1,120 + $11,130
$12,250
2017
$660 (−1.3%)
$1,120 + $11,130
$12,250
2016
$669 (−5.1%)
$1,120 + $11,130
$12,250
2014
$705
$1,155 + $11,620
$12,775
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
5
Baths
2
Stories
2
Lot width
35 ft.
Lot depth
100 ft.
Lot size
3,485 Sq. Ft.
Year renovated
1986
Sq. Ft.
1,820
Year built
1920
Style
Multi-Family (2-4 Unit)
County
Allen County
APN
36-3608-15-010.000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 3, 2026.
Property details
Parking
Parking/Garage Information
Parking Features: Off Street, On Street
Interior
Bathroom Information
# of Full Bathrooms: 2
Heating & Cooling
Cooling: None
Has Heating
Heating: Baseboard
Room Information
Has Basement
Basement Details: Partial
Exterior
Exterior Features
Patio And Porch Features: Covered, Porch
Building Information
Sq. Ft.: 1820.0
Levels: Two
Foundation Details: Block
Property Information
Property Type: Residential Income
Property Sub Type: Multi Family
Raw Mls Property Sub Type: Multi Family
Lot Information
Zoning Description: Residential
Financial
Tax Information
Tax Annual Amount: $600
Utilities
Utility Information
Water Source: Public
Sewer: Public Sewer
Location
Schools Information
High School District: Lima
Location Information
Directions: Duplex sits on corner of West Spring Street and Baxter Street. Back Unit addressed 201 S Baxter.
Public facts
Beds: 5
Baths: 2.0
Sq. Ft.: 1,820
Stories: 2.0
Lot Size: 3,485 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1920
Year Renovated: 1986
County: Allen County
APN: 36-3608-15-010.000
Home facts updated by county records on Aug 3, 2026
Other
Listing Information
List AOR: West Central Association of REALTORS® (OH)
Around this home
Schools
Liberty Arts Magnet K-8
Public K-8 • Assigned • 0.6mi
5/10
Lima Senior High School
Public 9-12 • Assigned • 1.1mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 100° expected this year, 18 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Lima, OH • 45801
Average low and high temperatures (°F)
29
16
37
23
57
37
65
46
68
51
82
64
85
69
80
62
80
58
68
47
51
38
39
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.8 hours in
June and 3 hours in December, placing it below the
U.S. average for solar exposure.
9.8 hrs
3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$105,000 – $127,000
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