$380,000
SOLD OCT 9, 2015

2378 Neil Ave Columbus, OH 43202

Old North Columbus Neighborhood
-- Bed
-- Bath
6,144 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$62 Per Sq Ft

1% Above List Price

1 Day on Market

About This Home

As of February 2022

Charming 8 unit apartment building, four blocks north of OSU campus. Studio / Efficiency units. Rented to single occupants, Typically OSU graduate students or professionals. Each unit contains kitchen (with appliances). Dining area, bath, dressing room and living room (some with murphy beds); separate utilities. 4 units with central air, four with window A/C; decorative fireplaces in living room; hardwood floors. Laundry room in basement: Very safe well lit area. Quick and easy access to campus: great rental potential: rents recently raised to $475.00/mo, could be increased substantially. All parking ''on street'' - no parking lot to maintain. Sale of building in ''as is'' condition. Potential buyers may view one representative apartment (remainder to be inspected upon acceptance of contr

Last Agent to Sell the Property

Joan Elfein

Ohio Broker Direct, LLC License #386319 Listed on: 08/27/2015

Last Buyer's Agent

Scott Wheeler

Columbus Realty Source, LLC License #2009004554

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $6,219

Year Built

  • Built in 1925

Lot Details

  • 5,227 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • 6,144 Sq Ft Home
  • Brick Exterior Construction

Utilities

  • Window Unit Cooling System
  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Basement

Listing and Financial Details

  • The owner pays for electricity, sewer, water
  • Assessor Parcel Number 010-019641

Community Details

Overview

  • 8 Units

Building Details

  • Insurance Expense $4,067
  • Maintenance Expense $3,297
  • Supplies Expense $909
  • Water Sewer Expense $2,358
  • Operating Expense $16,849
  • Gross Income $45,000
  • Net Operating Income $28,151

Property Details

Home Type

Apartment

Est. Annual Taxes

$6,219

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1925
  • Tax Year: 2014
  • Property Sub-Type: Apartment
  • Lot Size Acres: 0.12
  • Total Gross Income: 45000.0
  • Supplies Expense: 909.0
  • Co List Office Phone: 614-989-7215
  • MLS Status: Closed
  • Income Expenses Gross Income: 45000.0
  • Annual Expenses: 16849.0
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 6144.0
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 1.0
  • Owner Pays Electric5: Yes
  • Owner Pays Sewer3: Yes
  • Owner Pays Water4: Yes
  • Air Conditioning Central Air: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Services Available Sewer Available: Yes
  • Air Conditioning Window Unit(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Brick2: Yes

Garage/Parking

  • Parking Features On Street2: Yes

Utilities

  • Heating: Forced Air
  • Cooling Y N: Yes
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available, Storm Sewer
  • Heating:Forced Air: Yes

Fee Information

  • Annual Water Sewer Expense: 2358.0

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-019641
  • Lot Size Sq Ft: 5227.2
  • Additional Parcels: No

Rental Info

  • Owner Pays: Electricity, Sewer, Water

Multi Family

  • Number Of Units Total: 8
  • Insurance Expense: 4067.0
  • Maintenance Expense: 3297.0
  • Net Operating Income: 28151.0
  • Annual Operating Expense: 16849.0
  • Vacancy Allowance Rate: 5650.0

Tax Info

  • Tax Annual Amount: 6219.0

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2022 02/23/22 Sold $750,000 0.0% $122 / Sq Ft
01/02/2022 01/02/22 Pending -- -- --
01/01/2022 01/01/22 For Sale $750,000 0.0% $122 / Sq Ft
01/01/2022 01/01/22 Off Market $750,000 -- --
12/29/2021 12/29/21 Price Changed $750,000 -11.7% $122 / Sq Ft
11/17/2021 11/17/21 Price Changed $849,000 -5.6% $138 / Sq Ft
10/25/2021 10/25/21 Price Changed $899,000 -5.3% $146 / Sq Ft
10/15/2021 10/15/21 For Sale $949,000 +26.5% $154 / Sq Ft
10/13/2021 10/13/21 Off Market $750,000 -- --
11/26/2018 11/26/18 Sold $615,000 -4.7% $100 / Sq Ft
10/27/2018 10/27/18 Pending -- -- --
05/15/2018 05/15/18 For Sale $645,000 +69.7% $105 / Sq Ft
10/09/2015 10/09/15 Sold $380,000 +1.3% $62 / Sq Ft
09/09/2015 09/09/15 Pending -- -- --
08/27/2015 08/27/15 For Sale $375,000 -- $61 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Sarah Schwalenberg

    Venture EN TOO Group

  • A

    Buyer's Agent in 2022

    Andrew Sylvester

    Aspire Realty Services

    Section Image

  • S

    Seller's Agent in 2018

    Scott Wheeler

    Columbus Realty Source, LLC

    (614) 486-9833

    2 in this area

    22 Total Sales

    Scott Wheeler
    Section Image
  • Troy Fabish

    Buyer's Agent in 2018

    Troy Fabish

    Keller Williams Consultants

    (614) 725-6815

    80 Total Sales

    Troy Fabish
    Section Image
  • Joan Elfein

    Seller's Agent in 2015

    Joan Elfein

    Ohio Broker Direct, LLC

    (614) 989-7215

    4 in this area

    1,657 Total Sales

    Joan Elfein
    Section Image
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 215031366

Columbus and Central Ohio Regional MLS

Ohio Franklin County Columbus 43201 Old North Columbus

2378 Neil Ave, Columbus, OH

This home is located at 2378 Neil Ave, Columbus, OH 43202 and is currently priced at $380,000, approximately $61 per square foot. This property was built in 1925. 2378 Neil Ave is a home located in Franklin County with nearby schools including Hubbard Elementary School, Dominion Middle School, and Whetstone High School.

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Information is deemed reliable but not guaranteed.

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