35
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$250,000
Est. payment /mo
5 Beds
3 Baths
2,571 SqFt
Active
242 W Highland AVE Ravenna, OH 44266
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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
Listed by Jennifer M Filipczak-Turner • Berkshire Hathaway HomeServices Stouffer Realty • jturner.realtor@gmail.com, 330-554-6507
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