# 508 N Collett Street, Lima, OH 45801

> **TL;DR:** single family, $579,000, built 1926. Est. $2,509/mo. Listed 124 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $579,000 |
| Year Built | 1926 |
| Lot Size | 3,136 sqft (0.07 acres) |
| Property Type | Single Family (Other) |
| Status | For Sale |
| Days on Market | 124 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,509 |
| **Total** | **$2,509** |

## Property Highlights

- Built in 1926
- 0.07 acre lot

## Description

### Agent Description
INVESTORS! Snatch up this Value-Add 10 property portfolio in LIMA, Ohio! Fantastic opportunity to own your own portfolio with all properties within minutes of each other! Addresses: 508 N Collett, 431 N Metcalf, 934 N. Metcalf, 1021 N. McDonel St, 610 Linden St, 411 S. Collett St, 812 E Vine St, 513 N. Charles St, 316 Ewing Ave and 1015 N. Cole Street! The portfolio consists of 2 Two bedroom/1 bath homes, 4 three bedroom/one bath homes, 1 three bedroom/1.5 bath home and 2 three bedroom/1.5 bath homes and one 4 bedroom/2 bath home! Some have newer mechanics with drywall work started, some are untouched. All priced collectively to sell, no seller financing, selling as is! No utilities will be turned on for any inspections, as is. Great ARV's on ALL! Close to shopping, restaurants, parks, hospital, recreation and more! Reach out to Co-Listing agent with questions or to coordinate a private showing. Reach out to listing agent: Leilani Bowersock for the complete picture collection of the portfolio (all pictures are not displayed on the listing due to limited number allowed). Most have mechanics in place and are in good shape to get started on your renovation completion! Ask us also about our other Lima portfolio with 8 homes, all fully occupied with tenants, with light repairs needed for all but great income producing portfolio! Hurry, this will not last long!

## Location

- **Address:** 508 N Collett Street, Lima, OH 45801
- **County:** Allen
- **Neighborhood:** The First Sub
- **Coordinates:** 40.750311, -84.116915
- **Google Maps:** https://www.google.com/maps?q=40.750311,-84.116915

## Listing Agent

- **Name:** Leilani M Bowersock
- **Brokerage:** Coldwell Banker Schmidt Realty
- **Phone:** 4405709514
- **Email:** leilani7b@gmail.com

## Primary Photo

![508 N Collett Street - Primary Photo](http://lh.rdcpix.com/79cc139a71d07948495ad9bf279a7105l-f3573100145r.jpg)

*50 total photos available on [listing page](https://www.propertysimple.com/listing/508-n-collett-street-lima-oh-45801-5176069)*

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**MLS#:** 5176069 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/508-n-collett-street-lima-oh-45801-5176069)

---

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  "description": "INVESTORS! Snatch up this Value-Add 10 property portfolio in LIMA, Ohio! Fantastic opportunity to own your own portfolio with all properties within minutes of each other! Addresses: 508 N Collett, 431 N Metcalf, 934 N. Metcalf, 1021 N. McDonel St, 610 Linden St, 411 S. Collett St, 812 E Vine St, 513 N. Charles St, 316 Ewing Ave and 1015 N. Cole Street! The portfolio consists of 2 Two bedroom/1 bath homes, 4 three bedroom/one bath homes, 1 three bedroom/1.5 bath home and 2 three bedroom/1.5 bath ",
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