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2540 Neil Avenue, Columbus, OH 43202

$525,000
  • 2540 Neil Avenue, Columbus, OH 43202 Main Photo

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Contingent
BEDS0 BATHS SQUARE FEET3,920 MLS#226000241
STATUSContingent 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 $525,000. Neil Avenue is located within the COLUMBUS CITY school district. Search Columbus real estate on lorettawade.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: 165
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
Agent Name: Joseph C Jackson
Agency Phone: 614-888-1000

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Shown By

Agent Name: Loretta Wade
Agent Phone: Cell: (419) 543-2915
Agency Title: Key Realty

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Estimated Payment

$ 3,793.08 per month $2,936.70 Principal & Interest $703.25 Property Tax $153.13 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/19/2026. The listing information on this page last changed on 06/19/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 06/19/2026 5:03:58 PM EST) or MichRic (Michigan Regional Information Center) (last updated Fri 06/19/2026 4:58:45 PM EST) or Metrolist - RECOLORADO by MLSGRID (last updated Fri 06/19/2026 4:49:44 PM EST) or MRED MLS (last updated Fri 06/19/2026 4:58:46 PM EST) or NIRA MLS (last updated Fri 06/19/2026 4:54:59 PM EST) or RealComp MLS (last updated Fri 06/19/2026 4:50:11 PM EST) or Dayton MLS (last updated Fri 06/19/2026 5:02:16 PM EST) or NORIS MLS (last updated Fri 06/19/2026 5:00:20 PM EST) or IRES MLS (last updated Fri 06/19/2026 5:02:34 PM EST) or Colorado Real Estate Network IDX (last updated Fri 06/19/2026 8:36:31 AM EST) or CBRMLS (last updated Fri 06/19/2026 5:01:14 PM EST) or Multiple Listing Service of Greater Cincinnati (last updated Fri 06/19/2026 5:00:40 PM EST) or Terrehaute MLS (last updated Fri 06/19/2026 5:01:24 PM EST) or elevate MLS (last updated Fri 06/19/2026 5:00:43 PM EST) or Stellar MLS (last updated Fri 06/19/2026 4:48:20 PM EST) or NKY MLS (last updated Fri 06/19/2026 4:57:42 PM EST) or Wrist MLS (last updated Fri 06/19/2026 4:54:39 PM EST) or Firelands MLS (last updated Fri 06/19/2026 4:12:08 PM EST) or LCAR MLS (last updated Fri 06/19/2026 10:50:43 AM EST) or West Central MLS (last updated Fri 06/19/2026 4:53:29 PM EST) or Fort Myers (last updated Fri 06/19/2026 5:00:49 PM EST) or Aspen/Glenwood Springs MLS (last updated Fri 06/19/2026 3:30:16 PM EST) or Northern Nevada Regional MLS (last updated Fri 06/19/2026 5:02:31 PM EST) or MLS NOW (last updated Fri 06/19/2026 4:59:44 PM EST) or Northern Great Lakes Association of Realtors (last updated Fri 06/19/2026 4:49:23 PM EST) or Mansfield MLS (last updated Fri 06/19/2026 5:02:32 PM EST) or Metropolitan Indianapolis Board of Realtors (last updated Fri 06/19/2026 4:51:47 PM EST) or Grand Junction MLS (last updated Fri 06/19/2026 4:58:26 PM EST) or Knox County MLS (last updated Fri 06/19/2026 4:53:14 PM EST) or IRMLS (last updated Fri 06/19/2026 4:58:32 PM EST) or Pueblo MLS (last updated Fri 06/19/2026 4:45:49 PM EST) or Upper Peninsula MLS (last updated Fri 06/19/2026 5:00:14 PM EST) or Greater Lansing MLS (last updated Fri 06/19/2026 4:55:48 PM EST) or SEBAR MLS (last updated Fri 06/19/2026 5:00:05 PM EST) or Water Wonderland MLS (last updated Fri 06/19/2026 4:53:06 PM EST) or Eastern Upper Peninsula MLS (last updated Fri 06/19/2026 5:00:22 PM EST) or Scioto Valley MLS (last updated Fri 06/19/2026 4:02:55 PM EST) or Northern Michigan MLS (last updated Fri 06/19/2026 3:36:07 PM EST). Real estate listings held by brokerage firms other than Key Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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