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5-Unit Apartment Building
For Sale
$699,000
Pending

1441 Neil Avenue, Columbus, OH 43201

Multi-Family, Columbus, OH

Property SizeContact for details
Lot Size0.11 Acres
Days on Market62

Property Features for 1441 Neil Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Rooms Bedroom 4, Bedroom 3, Bedroom 1, Bedroom 2
Parking 6
Elementary school district COLUMBUS CSD 2503 FRA CO.
Middle school district COLUMBUS CSD 2503 FRA CO.
High school district COLUMBUS CSD 2503 FRA CO.
Standard status Pending
APN 010-052124
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 8744

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1903
Number of units 5
Listing Agency: e-Merge Real Estate
Listed By: Jill L Lightfoot · License #2005012885
Added: Jul 1 Changed: Aug 20 Last Checked: Aug 31 at 1:06AM
MLS# 226024225

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.

Investment Insights

Based on property information with market context.

This 5-unit apartment building, constructed in 1903, includes 2 efficiency units, 1 studio, 1 one-bedroom unit, and 1 two-bedroom unit. The property received a new roof in 2018 and has updated electrical service. Current leases are month to month, providing a consistent tenancy structure across the building.

The property occupies 0.11 acres in Columbus’s University District and is served by public water and public sewer. Its established residential configuration and varied unit mix provide a clear overview of the existing improvements for prospective purchasers.

Key Highlights

  • 5‑unit apartment building with 2 efficiency units, 1 studio, 1 one‑bedroom unit, and 1 two‑bedroom unit
  • New roof installed in 2018
  • Updated electric

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Food Market Daycare Center Carpet & Flooring Store Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

5,407
Businesses Nearby

Demographics for 43201, OH

37,528
Population
17,484
Households
2.1
Avg Household Size
26
Median Age
65%
College-Educated
95%
High-School Grad
3.1 sq mi
ZIP Area
12,106
Density / Sq Mi
$43,451
Median Household Income
$21,792
Median Earnings
$1,299
Median Rent
$438,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - University District property with a varied unit mix and month-to-month tenancy.
Where is this apartment building located?
The property is located at 1441 Neil Avenue Columbus, OH.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 5‑unit apartment building with 2 efficiency units, 1 studio, 1 one‑bedroom unit, and 1 two‑bedroom unit; New roof installed in 2018; Updated electric
More about this property
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