518 W Wayne St, Lima, OH 45801
OFF MARKET

518 W Wayne St
Lima, OH 45801

  • 4 Beds
  • 2 Baths
  • 1,892 sqft

$129,400

Trulia Estimate
as of Jul 14, 2026
Est. Refi. Payment $851/mo*
Refinance Your Home

$129,400

Trulia Estimate
as of Jul 14, 2026
Est. Refi. Payment $851/mo*
Refinance Your Home
4 Beds
2 Baths
1,892 sqft

Local Information

  • Map ViewExplore the area around 518 W Wayne St.
  • Schools1 Preschool School4 Elementary Schools3 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

Rent To Own! This large home has tons of potential! 4 bedrooms 1.5 Bathrooms and a great sized back yard. This home is ready to be made your own! You will own this home outright in 6 years! Every dollar you put into this home you will have in equity. Scheduling showings for Sunday 8/15 & Monday 8/16. MUST HAVE APPLICATION FILED! NO EVICTIONS! VERIFIABLE INCOME!

Renter will be responsible for all utilities, taxes, and must carry insurance. Signing a 6 year rent to own lease!
518 W Wayne St, Lima, OH 45801 is a 4 bedroom, 2 bathroom, 1,892 sqft single-family home built in 1920. It last sold for $50,000 on Aug 5, 2022. More recently, it was listed as a rental in August 2021 with an asking price of $750 per month. That rental listing was removed on August 16, 2021. It is currently off market. The Trulia Estimate is $129,400, with a rent estimate of $1,902/month.

Home Highlights

Parking
None
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

Home Details for 518 W Wayne St

Interior Features

Interior Details
BasementAtticNumber of Rooms: 7
Heating & Cooling
Heating: BaseboardHeating Fuel: Baseboard
Levels, Entrance, & Accessibility
Stories: 2

Property Information

Year Built
Year Built: 1920Year Updated: 1990
Property Type / Style
Property Type: Single Family HomeArchitecture: Conventional

Exterior Features

Exterior Home Features
Exterior: Other
Parking & Garage
Parking: None

Community

Units in Building: 1

Lot Information

Lot Area: 9278 sqft

Price History for 518 W Wayne St

DatePriceEventSource
08/05/2022$50,000Sold
N/A
10/05/2021$50,000Sold
N/A
08/16/2021ListingRemovedZillow Rental Manager
08/11/2021$750Listed For RentZillow Rental Manager
06/17/2009$74,000Sold
N/A

Market trends in Lima

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$164K
$13KMoM
Sale-to-List Price
98.5%
1.1%MoM
Price per sq ft
$111
$11MoM
Available listings
180
2MoM
Skip to last item
  • Results are loading
Skip to first item

Property Tax and Assessment

Year2024
Tax$994
Assessment$75,700
Home facts updated by county records

Comparable Sales for 518 W Wayne St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
616-616.5 N Elizabeth St, Lima, OH
0.37
Single-Family Home
$83,500
06/05/26
4
2
1,826
745 Brice Ave, Lima, OH
0.23
Single-Family Home
$95,000
12/26/25
4
1.5
1,915
458 W McKibben St, Lima, OH
0.18
Single-Family Home
$150,000
08/07/25
3
2
1,816
536 N West St, Lima, OH
0.28
Single-Family Home
$157,500
10/30/25
4
2
2,106
514-516 N Elizabeth St, Lima, OH
0.30
Single-Family Home
$80,000
03/12/26
6
2
1,894
735 Brice Ave, Lima, OH
0.19
Single-Family Home
$155,000
04/01/26
3
2
1,795
805 Richie Ave, Lima, OH
0.32
Single-Family Home
$50,000
01/29/26
3
1
1,262
623 N Metcalf St, Lima, OH
0.25
Single-Family Home
$141,000
07/15/25
3
1.5
1,520
731 N Elizabeth St, Lima, OH
0.55
Single-Family Home
$62,000
10/29/25
3
3
1,788
434 N Washington St, Lima, OH
0.07
Single-Family Home
$30,000
12/12/25
3
1
1,152

Nearby homes

Get a sense of prices in the area by checking nearby homes.
Skip to last item
Skip to first item

Assigned Schools

These are the assigned schools for 518 W Wayne St.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Lima

At least 153 Trulia users voted on each feature.

  • 92 % Say car is needed

  • 82 % Say parking is easy

  • 80 % Say yards are well-kept

  • 79 % Say it's dog friendly

  • 72 % Say there are sidewalks

  • 69 % Say there's holiday spirit

  • 65 % Say kids play outside

  • 47 % Say neighbors are friendly

  • 44 % Say they plan to stay for at least 5 years

  • 42 % Say there's wildlife

  • 42 % Say people would walk alone at night

  • 41 % Say streets are well-lit

  • 39 % Say it's walkable to grocery stores

  • 37 % Say it's quiet

  • 27 % Say it's walkable to restaurants

  • 20 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Virgo970
    "Very pet friendly. Lot of people walking dogs and enjoying the quiet neighborhood streets. Local park in walking distance. "
    3
    Flag
  • Aquintero
    "I feel safe in my neighborhood. I go for jogs, bike rides daily. It is a great place to raise a family."
    0
    Flag
  • Teresa E.
    "everyone walks their dogs and visit with neighbors while doing so. There are no problems with people walking their pets in our neighborhood everyone is friendly and gets along."
    15
    Flag
  • Connie S.
    "people look out for other people's dogs and genuinely care for their wellbeing it's a nice neighborhood "
    1
    Flag
  • Ellesun750
    "Simple, though kind of indirect. It’s easy to get to major spots, but might take catching a couple different buses or walking to get from point a to b."
    1
    Flag
  • Aaron
    "yes, you see dog walkers frequently in my neighborhood. it is also common for neighbors to know each other's dogs"
    0
    Flag
  • Tsinger1959@gmail.com
    "I just want too move to the country. I hate living in lima. neighbors are to close and to much crime. "
    0
    Flag
  • Pete P.
    "I have lived here in the Sharon Park division of America Township for 20 years. It was a great place to raise a family and the Shawnee school system is consistently ranked one of the best in the State of Ohio. "
    0
    Flag
  • Kayla M.
    "in my neighborhood not much goes on. maybe a 4th of July party but other than that nothing maybe a little shooting here and there but its simple hete."
    4
    Flag
  • Lynne W.
    "Some ‘dog-walkers’ carry a ‘poop’ sack w/then when they walk their dogs in the neighborhood (which is great)! Other people let their dogs ‘poop’ in people’s yards & are too lazy to ‘clean up the mess!! Nobody likes ‘stepping’ in a pile of ‘dog poop’! Yuck!! 😆👎"
    5
    Flag
  • Jmcph61
    "I live around family and just down the street is where I grew up. I still have friends living here so it’s a quiet neighborhood and I feel safe here"
    5
    Flag
  • Tonya H.
    "I have lived in my area for 13 years, and I have not had any issues. For the most part, the neighbors are really good."
    4
    Flag
  • Jaydenweltmer
    "I have lived in Lima for my whole life and I love everything about it. I love downtown and all of the parks "
    4
    Flag
  • Bbush6
    "This is a wonderful area to live in. Close to church, schools, shopping and restuarants. "
    0
    Flag
  • lizard45801
    "My husband & i have lived here 4 years. We've had very little problems. The house is great. Most of our neighbors are social. They have looked out for us since we've lived here. The only problems are: we have no stores that are really close for those who have to walk or ride a bus. Although, we do have a nice carry out on Vine St. & Saint Johns. Also, there's a gas station close on Saint Johns that's convienant. There are 3 close schools. I feel safe in letting my grand kid play in the yard. Our neighborhood is safe & friendly. We can have cook outs & lots of fun. We sit by the fire at night in the summer & listen to music. Won't you be my neighbor?"
    8
    Flag
  • Cullen C.
    "This is a very community oriented area in a fast improving and upcoming community in one of the untapped gems of the Lima/Allen county area of OH. Great value. Hidden Gem."
    0
    Flag
  • Annmelissa_7
    "My husband and I have lived a lot of places all over the country. Living in Bath Township has been amongst our favorite places to live. It's quiet, friendly, safe, and open. We have appreciated the solid educational foundation the schools have given to our children, and the community itself seems to care about our children. Even though we are not from Bath, we have loved living here."
    0
    Flag
  • Tmneu
    "Low traffic, great for children!"
    0
    Flag

LGBTQ Local Legal Protections

Apartments for Rent

Skip to last item
Skip to first item

Explore by feature - Pet Friendly

22 pet-friendly rentals in Lima, OH

Explore by feature - Garage

10 rentals with a garage in Lima, OH

Explore by feature - Air Conditioning

28 rentals with air conditioning in Lima, OH

Explore by feature - Washer/dryer

19 rentals with a washer/dryer in Lima, OH

Explore by feature - Outdoor Space

10 rentals with an outdoor space in Lima, OH

Homes for sale near 518 W Wayne St

Skip to last item
Skip to first item

Off Market Homes Near 518 W Wayne St

Skip to last item
Skip to first item