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Listed price in listed location currency (USD).
$600,000

000

MLS® 226000241

  • Key Facts
  • Description
  • Map

Key Facts

Type Townhouse
Levels Residential Income
Size -
Garage No
Maintenance Fees 
Taxes $8,439
Days Active 2
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, $855, $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
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1900
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 5, 2026List Date
$600,000List Price
  • Commute

Commute

Starting Address
Destination Address
2540 Neil Ave, Columbus, OH

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