2275 N Cable Road
Lima, OH 45807

$3,500,000

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Listing Details

$3,500,000
MLS# 1041954
Type Multi Unit - Multiple
Status Active

47
Bedrooms
30 full
Bathrooms
700
Square Feet
irregular
Lot Size
1970
Year Built
Elida
Local Schools

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Local Information

Listed By

Agency Name: Binkley Real Estate, LLC
Agency Phone: (419) 738-3232
Agent Name: Jeremy Huebner

Shown By

Agency Title: Irongate Inc., Realtors - Commercial
Agency Phone: 937-426-0800

Home Value Estimate

Description

Outstanding investment opportunity! This 43-unit condo complex offers a rare chance to own an established income-producing property in a highly desirable Lima location near restaurants, shopping, and major highways. The property features a mix of two-bedroom, one-bath and one-bedroom, one-bath condos--each with a functional layout, individual entrances, and well-maintained interiors. The units are consistently occupied and generate strong, reliable rental income, making this an ideal turnkey addition to any investors portfolio. Situated on a well-kept property with ample parking, this development combines long-term stability with future upside...read more

Features

Central Air
Forced Air
$39,000 Taxes
Supplied Water
Built in 1970

Gallery

Listed By

Agency Name: Binkley Real Estate, LLC
Agency Phone: (419) 738-3232
Agent Name: Jeremy Huebner

Shown By

Agency Title: Irongate Inc., Realtors - Commercial
Agency Phone: 937-426-0800

Beavercreek Office
3295 Kemp Rd
Beavercreek, OH 45431
[937] 426-0800
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Centerville Office
122 N Main St
Centerville, OH 45459
[937] 433-3300
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Englewood Office
16 W. Wenger Rd
Englewood, OH 45322
[937] 540-1234
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Kettering Office
4461 Far Hills Ave
Kettering, OH 45429
[937] 298-6000
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Springboro Office
305 E Central St.
Springboro, OH 45066
[937] 748-0000
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Washington Twp. Office
1353 Lyons Road
Washington Twp, OH 45459
[937] 436-2700
View Agents

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/05/2026. The listing information on this page last changed on 03/05/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 03/05/2026 12:19:54 AM EST) or Dayton MLS (last updated Wed 03/04/2026 11:46:32 PM EST) or Multiple Listing Service of Greater Cincinnati (last updated Wed 03/04/2026 11:53:27 PM EST) or Wrist MLS (last updated Wed 03/04/2026 11:24:23 PM EST). Real estate listings held by brokerage firms other than Irongate Inc., Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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blank	Principal	Taxes	INS / PMI	Other	Total
Monthly	$21,565.89	$3,250.00	$3,905.42	$0.00	$28,721.31
Yearly	$258,790.68	$39,000.00	$46,865.04	$0.00	$344,655.72
Total	$7,763,720.40	$1,170,000.00	$952,420.00	$0.00	$9,886,140.40

2275 N Cable RoadLima, OH 45807

Listing Details

Local Information

Home Value Estimate

Description

Features

Gallery

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Beavercreek Office

Centerville Office

Englewood Office

Kettering Office

Springboro Office

Washington Twp. Office

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2275 N Cable Road
Lima, OH 45807