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USAOHColumbusOld North Columbus2540 Neil Ave
Listing image | Image 1

2540 Neil Ave, Columbus, OH

Townhouse

Sold

Listed price in listed location currency (USD).
$460,000
$525,000

000

MLS® 226000241

  • Key Facts
  • Description
  • Map

Key Facts

Type Townhouse
Levels Residential Income
Size -
Garage 
Taxes $8,439
Lot Size 0.14 Acres
Approx. Age 1900
MLS® Number 226000241

Property Address: 2540 Neil Ave, Columbus, OH, 43202-2523

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number226000241
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1900
Basement
Driveway
Garage Spaces
HeatForced Air
A/CCentral Air

Extras

Price History

May 13, 2026End Date
$460,000Sold Price

Sold

Jan 5, 2026List Date
$525,000List Price
  • Commute

Commute

Starting Address
Destination Address
2540 Neil Ave, Columbus, OH

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