$600,000
2540 Neil Ave, Columbus, OH 43202
- -Bed
- -Bath
- -SqFt
- -Bed
- -Bath
- -SqFt
- Property TypeTownhouse
- Year Built1900
- On highrises5 Days
Property Details
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.
Property Features
Bathrooms
- Total Bathrooms: 0
Property History
Neighborhood
Environmental Risk
Nearby Home Values
- Presented by:
- Joe Jackson
- Brokered by:
- Keller Williams Capital Partners
- (614) 888-1000