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501 N Park Drive, Ravenna, OH 44266

$329,000.00
  • 501 N Park Drive, Ravenna, OH 44266 Main Photo
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Featured Listing New to the Market Active
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
Days on Market: 1
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
Lot Dimensions:
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

agent picture

Listed By

Agency Name: Jack Kohl Realty
Agent Name: Ryan Poland
Agency Phone: (330) 931-1403

Estimate Your Payment

Estimated Payment

$ 1,761.63 per month $1,380.92 Principal & Interest $284.75 Property Tax $95.96 Homeowner's Insurance

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