Price $40,000
Status Active
Beds 3
Baths 2 Baths
Home size 1,230 sqft
Lot Size 5,533 sqft
Days on Market 1
This 3-bedroom, 1.5-bath home offers 1,230 sq ft of living space and is priced at just $40,000, presenting an excellent opportunity for both homeowners and investors. For the owner-occupant, this property provides an affordable path to homeownership with plenty of room to add your own style and updates. With some renovations, it can be transformed into a comfortable and personalized home with a fenced yard, off-street parking, and ample living space "” all at a fraction of the cost of renting or buying a move-in ready home. For the investor, this property represents a strong value-add opportunity. With cosmetic upgrades and improvements, it can be quickly brought to rental standards, offering solid cash flow potential in Lima's rental market. At this price point, there's room to build equity while creating long-term income. Whether you're looking for a budget-friendly primary residence or your next investment project, 1008 Fairview Ave is a versatile option with tremendous upside.
Property Type(s): Single Family
Last Updated 9/3/2025 Tract Jane W Holmes Tenth Sub
Year Built 1920 County Allen

Additional Details

AIR Central Air
AIR CONDITIONING Yes
BASEMENT Partial, Yes
CONSTRUCTION Frame
HEAT Forced Air
LOT 5532 sq ft
LOT DIMENSIONS 41x135
PARKING No Garage
STORIES 1.5
SUBDIVISION Jane W Holmes Tenth Sub
ZONING Residential

Location

 

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Listing provided by Austin McClain, REAFCO
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