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501 N Park Drive, Ravenna, OH 44266

Ravenna
Local realty services provided by:CENTURY 21 Transcendent Realty
501 N Park Drive,Ravenna, OH 44266
$329,000
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  • 6 Beds
  • 3 Baths
  • 2,862 sq. ft.
  • Multi-family
  • Active
Listed by: ryan poland
Office: jack kohl realty
MLS#:5215338
Source:OH_NORMLS

Price summary

  • Price:$329,000
  • Price per sq. ft.:$114.95

About this home

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!

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Home facts

  • Year built:1980
  • Listing ID #:5215338
  • Added:1 day(s) ago
  • Updated:June 05, 2026 at 10:13 AM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:3
  • Full bathrooms:3
  • Rooms Total:12
  • Basement:Yes
  • Living area:2,862 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Baseboard, Electric
  • Central air:Yes

Structure and exterior

  • Roof:Asphalt, Fiberglass
  • Year built:1980
  • Building area:2,862 sq. ft.
  • Lot area:0.22 Acres
  • Construction Materials:Brick, Wood Siding
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$329,000
  • Price per sq. ft.:$114.95
  • Tax amount:$3,417 (2025)

Parking

  • Parking description:Attached, Driveway, Garage
  • Garage:Yes
  • Garage spaces:3
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