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2540 Neil Avenue, Columbus, OH 43202

$550,000
  • 2540 Neil Avenue, Columbus, OH 43202 Main Photo

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Active
BEDS0 BATHS SQUARE FEET3,920 MLS#226000241
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONOld North Columbus SCHOOLCOLUMBUS CITY

Property Description

Attention investors. This solid brick four-unit features four two-bedroom townhouse-style apartments in an excellent Old North Columbus location. Walkable to cafes, neighborhood shopping, the bus line, and the bike path--this is exactly where long-term rental demand stays strong.Current rents are $1,100, $1000, $1,000, and $1,040, with market rents closer to $1,200 per unit, offering clear value-add potential through rent growth and selective updates. Two of the units have central air; the interior units do not and feature older furnaces--giving the next owner a straightforward path to improving cash flow.Owner pays water and sewer; tenants pay electric. Brick construction, a proven unit mix, and a location that continues to appreciate make this a strong long-term hold or repositioning opportunity in one of Columbus's most consistent rental corridors.Opportunities like this in Old North don't last--move on it.

2540 Neil Avenue | MLS# 226000241

This multi-family property located at 2540 Neil Avenue, Columbus, OH 43202 is currently listed for sale with an asking price of $550,000. Neil Avenue is located within the COLUMBUS CITY school district. Search Columbus real estate on daniellespencer.ikeyrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Forced Air
Lot Size: 0.14 Acres
Taxes: $8,439
Year Built: 1900

Feature Descriptions

Days on Site: 102
Parcel #: 010-057334
Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available, Storm Sewer

Local Schools

School District: COLUMBUS CITY

Listed By / Shown By

Listed By

Agency Name: Keller Williams Capital Ptnrs
Agency Phone: 614-888-1000
Agent Name: Joseph C Jackson

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Shown By

Agent Name: Dani Spencer
Agent Phone: (419) 654-3740
Agency Title: Key Realty

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Estimated Payment

$ 3,940.21 per month $3,076.54 Principal & Interest $703.25 Property Tax $160.42 Homeowner's Insurance

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