BEDS6
BATHS3 full
SQUARE FEET2,862
MLS#5215338
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONNorth Park
SCHOOLRavenna City
Property Description
CALLING ALL INVESTORS! Excellent triplex investment in Ravenna with strong rental history ? 2,862 sq ft across three well-maintained 2-bedroom, 1-bath units. Each unit includes a 1-car attached garage, laundry hookups and a private rear patio. Situated on a .223-acre lot with concrete driveways and city utilities. Recent upgrades: new steel siding (2026); garage doors replaced (2023 & 2025); new furnace in #501 (2025); new HVAC in #503 (2025); partial rehab with dishwasher, paint and flooring in #505 (2022); new flooring and appliances in #501. Ideal location minutes from the Portage County Hike & Bike Trail, Downtown Ravenna, Downtown Kent, Kent State University, NEOMED, the Turnpike and major roadways ? strong rental demand and convenient access for students, professionals and commuters. Turnkey opportunity for investors seeking steady income and upside. Call Today!
Property Features
Property Type: Multi Unit - Multiple
Basement: None, Other
Cooling: Central Air
Garage: 3 car attached
Heating: Baseboard, Electric
Lot Size: 0.22 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $3,417 / year
Year Built: 1980
Feature Descriptions
Exterior: Brick, Metal Siding, Wood Siding
Parcel#: 31-314-02-00-016-001
Parking: Attached, Driveway, Garage
Sewer: Public Sewer
Water: Public
Local Schools
School District: Ravenna City
Listed By / Shown By
Listed By
Agency Name: Jack Kohl Realty
Agency Contact: 330-296-9997, jkohlre@jkohlre.com
Shown By
Agent Name: Rachel Sharp, Your Sharp Agent!
Agent Phone: Cell: (330) 354-6792
Agency Title: M.C. Real Estate
Estimate Your Payment
Estimated Payment
$ 1,112.92 per month $732.21 Principal & Interest $284.75 Property Tax $95.96 Homeowner's Insurance
501 N Park Drive | MLS# 5215338
This multi-family property located at 501 N Park Drive, Ravenna, OH 44266 is currently listed for sale with an asking price of $329,000. N Park Drive is located within the Ravenna City school district. Search Ravenna real estate on www.ohioresidentialhomes.com today.