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About This Home
This 8-bedroom, 0-bathroom townhouse at 2540 Neil Avenue in Columbus, OH is listed for $550,000. Built in 1900, on a 0.14 acres lot.
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.
Key Features
- Built in 1900
- 0.14 acre lot
Property Details
Amenities
Monthly Cost Estimate
$2,942/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2540 Neil Avenue
Columbus, OH 43202
Old North Columbus
Property Details
Heating
Cooling
Questions & Answers
This 8-bedroom, 0-bathroom townhouse at 2540 Neil Avenue is listed at $550,000. The estimated monthly payment is $2,383 based on 20% down at 6.5% interest.
Key features include: Built in 1900, 0.14 acre lot.
This property is listed by Joseph C Jackson and can be reached at 6144311220 or rjoe@kw.com.
















































