
Listed by The Columbus Agents
$2,950,000
53 - 65 Neil Street
Details
APN 419-122-01-020-000
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Units 22
NOI $160,000
Occupancy 87%
Year Built 1964
Year Renovated 2025
Acreage 0.680
Multifamily | 22 Units
Marketing description
Delivers reliable cash flow in growing community. 22 unit multi-family. Fifteen Townhouse style units with convenient coin laundry on site and Seven Ranch style units with laundry hook-ups in units. Residents appreciate the updated kitchens, appliances, refreshed modern bathrooms, plentiful off-street parking. Tucked in a residential neighborhood positioned near Downtown Delaware and quick highway access via Route 23 to Columbus.
With competitive rents and low vacancy rates, the property supports strong occupancy and income stability. Agent Owned.
53 Neil
#1 $995.00 2 Bedroom / 1 Bath
#2 VACANT 2 Bedroom / 1 Bath
#3 $950.00 2 Bedroom / 1 Bath
#4 $975.00 2 Bedroom / 1 Bath
#5 $1,050.00 2 Bedroom / 1 Bath
#6 $1,095 2 Bedroom / 1 Bath
#7 $1,050.00 2 Bedroom / 1 Bath
#8 $995.00 2 Bedroom / 1 Bath
#9 $750.00 (Studio above Coin Laundry)
Coin Laundry ~ $600.00 per month
#10 $1,050.00 2 Bedroom / 1 Bath
#11 $995.00 2 Bedroom / 1 Bath
#12 $1,050.00 2 Bedroom /1 Bath
#13 $1,050.00 2 Bedroom / 1 Bath
#14 VACANT 2 Bedroom / 1 Bath
#15 $950.00 2 Bedroom / 1 Bath
65 Neil
#1 $950.00 2 Bedroom / 1 Bath
#2 $995.00 2 Bedroom / 1 Bath
#3 $995.00 2 Bedroom / 1 Bath
#4 $995.00 2 Bedroom / 1 Bath
#5 VACANT 2 Bedroom / 1 Bath
#6 $1,025.00 2 Bedroom / 1 Bath
#7 $1,050,00 2 Bedroom / 1 Bath
Listing Contacts

Listed by The Columbus Agents
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$160,000.00
$13,333.33/mo
Valuation Metrics
0
DSCR
5.42%
Cap Rate
5.42%
ROI
Map
Zoning
R-MF ResidentialMulti FamilyMultifamily Residential District
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View all 36 uses
View all 36 uses Last updated Apr 15, 2026 For deeper zoning details, reports are available at Zoneomics
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