# 2540 Neil Avenue, Columbus, OH 43202

> **TL;DR:** 8bd/0ba townhouse, $550,000, built 1900.
> A/C. Est. $2,383/mo. Listed 95 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $550,000 |
| Bedrooms | 8 |
| Year Built | 1900 |
| Lot Size | 6,098 sqft (0.14 acres) |
| Property Type | Townhouse (Townhouse) |
| Status | For Sale |
| Days on Market | 95 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,383 |
| **Total** | **$2,383** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1900
- 0.14 acre lot

## Description

### Agent 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

- **Address:** 2540 Neil Avenue, Columbus, OH 43202
- **County:** Franklin
- **Neighborhood:** Old North Columbus
- **Coordinates:** 40.013953, -83.01316
- **Google Maps:** https://www.google.com/maps?q=40.013953,-83.01316

## Listing Agent

- **Name:** Joseph C Jackson
- **Brokerage:** Keller Williams Capital Ptnrs
- **Phone:** 6144311220
- **Email:** rjoe@kw.com

## Primary Photo

![2540 Neil Avenue - Primary Photo](http://lh.rdcpix.com/77f66cfcb50135883ff01b871f78ae60l-f4182443641r.jpg)

*47 total photos available on [listing page](https://www.propertysimple.com/listing/2540-neil-avenue-columbus-oh-43202-26000241)*

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**MLS#:** 226000241 | **Updated:** 2026-04-26
**Source:** listhub

*Copyright © 2026 Columbus and Central Ohio Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/2540-neil-avenue-columbus-oh-43202-26000241)

---

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