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Five-Unit Apartment Building
For Sale
$699,000

1441 Neil Ave, Columbus, OH 43201

University District apartment property with updated electrical systems and a roof installed in 2018.

Property SizeContact for details
Days on Market90

Property Features for 1441 Neil Ave

General Information

Standard status Active
Property subtype Multi-Family

Units

Unit Mix 2 x efficiency, 1 x studio, 1 x 1BR, 1 x 2BR
Multifamily Units 5

Building Details

Year Built 1903
Listing Agency: e-Merge Real Estate
Listed By: Jill L Lightfoot · License #2005012885
Source: Kwcore
Added: Jul 18 Changed: Oct 14 Last Checked: Oct 7 at 5:42PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of e-Merge Real Estate

Investment Insights

Based on property information with market context.

Located at 1441 Neil Avenue in Columbus, Ohio, this apartment building contains five units: two efficiency units, one studio, one one-bedroom unit, and one two-bedroom unit. The property has updated electric service and a roof installed in 2018.

The building is situated in the University District. All current tenants are on month-to-month arrangements, providing a flexible existing occupancy structure.

Key Highlights

  • Five‑unit apartment building in the University District
  • Unit mix includes 2 efficiency units, 1 studio, one 1 bedroom, and one 2 bedroom
  • Roof installed in 2018

Property Analytics

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Apartment building - University District apartment property with updated electrical systems and a roof installed in 2018.
Where is this apartment building located?
The property is located at 1441 Neil Ave 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: Five‑unit apartment building in the University District; Unit mix includes 2 efficiency units, 1 studio, one 1 bedroom, and one 2 bedroom; Roof installed in 2018
More about this property
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