2540 Neil Avenue, Columbus, OH 43202
Local realty services provided by:ERA Real Solutions Realty
2540 Neil Avenue,Columbus, OH 43202
$600,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: joseph c jackson
Office: keller williams capital ptnrs
MLS#:226000241
Source:OH_CBR
Price summary
- Price:$600,000
About this home
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.
Contact an agent
Home facts
- Year built:1900
- Listing ID #:226000241
- Added:2 day(s) ago
- Updated:January 07, 2026 at 05:40 PM
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Year built:1900
- Lot area:0.14 Acres
Finances and disclosures
- Price:$600,000
- Tax amount:$8,439
New listings near 2540 Neil Avenue
- Coming Soon
$450,000Coming Soon3 beds 3 baths5565 Chelsea Park Drive, Dublin, OH 43016
MLS# 226000491Listed by: RE/MAX PREMIER CHOICE - Coming Soon
$372,900Coming Soon2 beds 2 baths4404 Airendel Court, Columbus, OH 43220
MLS# 226000496Listed by: COLDWELL BANKER REALTY - Coming Soon
$310,000Coming Soon4 beds 2 baths1451 Chesterton Square S, Columbus, OH 43229
MLS# 226000500Listed by: RE/MAX AFFILIATES, INC. - Coming Soon
$599,900Coming Soon4 beds 2 baths910 Copeland Road, Columbus, OH 43212
MLS# 226000508Listed by: STREET SOTHEBY'S INTERNATIONAL - Coming Soon
$330,000Coming Soon4 beds 3 baths2159 Keller Place E, Grove City, OH 43123
MLS# 226000468Listed by: COLDWELL BANKER REALTY - Coming SoonOpen Sat, 1am to 3pm
$176,000Coming Soon1 beds 2 baths7029 Pleasant Colony Way, New Albany, OH 43054
MLS# 226000470Listed by: CENTURY 21 EXCELLENCE REALTY - New
$655,000Active-- beds -- baths4938 Fairway Court, Columbus, OH 43214
MLS# 226000475Listed by: MYERS REAL ESTATE - Open Sat, 1 to 3pmNew
$345,000Active3 beds 2 baths1,563 sq. ft.5671 Saucony Drive, Hilliard, OH 43026
MLS# 226000476Listed by: COLDWELL BANKER REALTY - Coming Soon
$999,980Coming Soon4 beds 4 baths289 E Greenwood Avenue, Columbus, OH 43201
MLS# 226000482Listed by: RE/MAX ONE - Open Sat, 10am to 12pmNew
$369,900Active2 beds 2 baths1,470 sq. ft.913 White Willow Lane, Columbus, OH 43235
MLS# 226000457Listed by: E-MERGE REAL ESTATE