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242 W Highland Avenue Ravenna, OH $ 250,000
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$ 250,000 Get more info
242 W Highland Avenue
$ 250,000
Back to search
Share Save

242 W Highland Avenue

Ravenna, OH, 44266
$ 250,000
Bedrooms5 Baths3.0 Sq 2,571

Monthly Estimate*

$ 1,539

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Multi-Family Home for sale in Ravenna, OH

for $250,000 with 5 bedrooms and 3 full baths. This 2,571 square foot home was built in 1890 on a lot size of 0.2849.

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!

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Multi-Family Active

Price

$ 250,000

Bedrooms

5

Full Bath

3

Property Type

Multi-Family

Taxes

$ 1,652

Style

Lot Size

0.2849

Year Built

1890

Town/City

Ravenna

County/Region

Portage

MLS | Web ID

5163600
Features
General
Sewer Public Sewer
Heating Forced Air Gas
Cooling None
Possession Delivery Of Deed
Roof Asphalt
Garage Spaces 0
Construction Materials Wood Siding
Year Built 1890
Tenant Pays Cable TV Electricity Gas
Stories Count 2
Township Ravenna
Levels Two
Property Subtype Triplex
Tax Year 2024
Gross Income 2500
County Portage
Property Type Residential Income
Attached Garage false
Subdivision Name Hld
Garage Y/N false
Total Rooms 12
Full Baths 3
Status Active
Directions W Highland Ave between Cleveland and Chestnut. To access parking - there is no driveway off Highland Turn down Day St and then on to Springfield Ave. Parking lot is in the back of the unit.
City Ravenna
Disclosures Principal is Real Estate Licensed
High School District Ravenna CSD - 6706
Lot Size Units Acres
Carport Spaces 0
Carport Y/N false
Tax Annual Amount 1652
Home Warranty Y/N false
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Ravenna CSD - 6706
Elementary School District Ravenna CSD - 6706
Year Built Source Public Records
Property Sub Type Additional Triplex
Legal Description HLD LOT 6 F 73
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Interior
Basement Exterior Entry Unfinished
Basement (Y/N) true
Air Conditioning Y/N false
Heating Y/N true
Above Grade Finished Area 2571
Half Baths 0
Total Bedrooms 5
Below Grade Finished Area 0
Main Level Bathrooms 0
Below Grade Finished Area Source Realist
Above Grade Finished Area Source Realist
Total Baths 3
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Exterior
Parking Features Gravel No Garage Off Street Parking Lot
Water Source Public
Lot Size Area 0.2849
Number of Buildings 1
Lot Size Acres 0.2849
Lot Size Source Public Records
Waterfront Y/N false
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* Excluded Features
List By
Jennifer M Filipczak-Turner

Listing Agent

Berkshire Hathaway Homeservices Stouffer Realty

Broker

jturner.realtor@gmail.com

Email

Affordability Calculator

$1,677
Per Month
92%
8%
0%
Monthly Principal & Interest
$1,539
Monthly Property Taxes
$138
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4458277 Elementary School
4458618 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/10/2025$250,000 Listed Price

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242 W Highland Avenue, Ravenna, OH, 44266 is a Multi-Family Home for sale at $250,000 with 2,571 sqft and a lot size of 0.2849. 242 W Highland Avenue has 5 bedrooms, 3.0 baths, and was built in 1890. The property's zip code is 44266 which is in Ravenna, OH

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