242 W Highland AVE Active

Ravenna,OH 44266

$ 250000

5 Beds

3 Baths

2571 SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,571 sqft

Price per Sqft $97

Subdivision Hld

MLS Listing ID 5163600

Bedrooms 5

Full Baths 3

HOA Y/N No

Abv Grd Liv Area 2,571

Year Built 1890

Annual Tax Amount $1,652

Tax Year 2024

Lot Size 0.285 Acres

Acres 0.2849

Property Sub-Type Triplex

Property Description

Great investment opportunity in the heart of Ravenna! This fully occupied triplex generates $2,400/month in gross income and features three well-maintained units—one 3-bedroom and two 1-bedroom apartments. Each unit offers spacious rooms, excellent storage, and separate utilities (owner pays water, sewer, and trash). Tenants cover gas and electric. Additional highlights include a large off-street parking lot accessed from Springfield Ave, public utilities, and a solid rental history. Conveniently located near downtown amenities, shopping, and major routes. A strong turnkey addition to any portfolio or a great start for a new investor!

Location

State OH

County Portage

Rooms

Basement Exterior Entry,Unfinished

Interior

Heating Forced Air,Gas

Cooling None

Fireplace No

Exterior

Parking Features Gravel,No Garage,Off Street,Parking Lot

Water Access Desc Public

Roof Type Asphalt

Private Pool No

Building

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

School District Ravenna Csd - 6706

Others

Tax ID 31-360-03-00-092-000

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