2540 Neil Avenue, Columbus, OH 43202
2540 Neil Avenue, Columbus, OH 43202
2540 Neil Avenue, Columbus, OH 43202
49
$460,000
$525,000
12.4%
Est.Price: ?

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6,098 Sqft Lot

2540 Neil Avenue Columbus, OH 43202

Est. payment /mo
SOLD DATE : 06/26/2026

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Key Details

Sold Price $460,000

Property Type Multi-Family

Sub Type Townhouse

Listing Status Sold

Purchase Type For Sale

Subdivision Old North Columbus

MLS Listing ID 226000241

Sold Date 06/26/26

Year Built 1900

Annual Tax Amount $8,439

Lot Size 6,098 Sqft

Lot Dimensions 0.14

Property Sub-Type Townhouse

Source Columbus and Central Ohio Regional MLS

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.

Location

State OH

County Franklin

Community Old North Columbus

Area 0.14

Zoning R- 2F

Rooms

Other Rooms None

Dining Room No

Interior

Heating Forced Air

Cooling Central Air

Equipment No

Laundry No Laundry Rooms

Schools

High Schools Columbus Csd 2503 Fra Co.

School District Columbus Csd 2503 Fra Co.

Others

Tax ID 010-057334

Acceptable Financing Conventional

Listing Terms Conventional

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Listed by Joseph C Jackson Keller Williams Capital Ptnrs

NEARBY SCHOOLS & BUSINESSES

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Bob Jackson

Bob Jackson

Agent | OH & WV | License ID: 2012001434,WV0028109

+1(304) 280-1242

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