202 Fenway Drive, Lima, OH 45804

About this home

Rare value-add opportunity in a highly desirable Lima location near Ottawa Reservoir. This 3 bedroom, 3 bathroom ranch offers 1,852 sq ft on the main level with an additional 1,683 sq ft full unfinished basement, creating the potential to finish into a 5 bedroom, 4 bathroom home depending on your layout. Originally designed with a functional ranch floor plan, the home is now approximately 90% demoed on the interior—providing a true blank slate for investors, builders, or buyers looking to customize from the ground up. Major capital improvements have already been completed, including a brand new roof, new siding, new windows, and a new furnace located in the garage. An AC unit is on-site and ready for install. The property also features a brand new poured concrete driveway with a large apron, along with a concrete patio off the sliding glass door—ideal for future outdoor living space. Positioned just minutes from Ottawa Reservoir, the location supports strong resale demand and long-term value. After repair value is estimated between $360,000-$385,000 depending on finish level and design execution. Property is being sold as-is. Cash or conventional financing only.

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Key facts

Status

Active

Type

Single Family Residence

Days on market

167

Price per sq ft

$124

Property taxes

about $3,758/yr

Garage

2 car

County

Allen

MLS #

10007002

Listing brokerage

Century 21 Sunway Realty

Listing brokerage contact

260-573-5748

Price reduced 4% from $240,000 on May 12.

Room by room

• Bedroom 2Main level
• Bedroom 3Main level
• KitchenMain level
• LaundryMain level
• Living RoomMain level

Interior

Total rooms

6

Levels

One

Finished below grade

1 sq ft

Basement

Concrete, Unfinished

Interior features

Open Floorplan, Primary Bathroom

Fireplaces

2

Fireplace

Basement, Family Room

Laundry

Main Level

Exterior and construction

Construction

Brick, Vinyl Siding

Roof

Asphalt, Shingle

Foundation

Poured Concrete

Common walls

No Common Walls

Lot and parking

Lot size

0.27 acres

Lot square feet

11,805

Lot dimensions

100X118

Garage spaces

2

Garage dimensions

21 x 20

Parking

Accessible Parking, Concrete, Additional Parking, Attached Garage, Driveway

Systems and utilities

Utilities

Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Sewer

Public Sewer

Water

Public

Taxes and HOA

Property taxes

about $3,758 a year ($1,879 every six months)

General tax, six months

$1,879

Tax year

2025

Homestead exemption

No

Parcel number

37-3312-02-011.000

Schools

District

Lima

Elementary

Lima

Middle

Lima

High school

Lima

Sale terms

Financing accepted

Cash, Conventional

Possession

Close Of Escrow

Disclosures

Lead Based Paint Disclosure, Property Disclosure

Around it

ZIP 45804: 6 homes for sale. Allen County: 17 homes for sale. Town: everything for sale in Lima.