Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

501 N Park Dr, Ravenna, OH, 44266

6beds
3baths
2,862sqft
$329,000
$115price/sqft
$2,485/moest. monthly cost
$99,400/yrincome needed

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!

Getting Around

10
WalkingCar-Dependent
0
TransitVery Limited Transit
27
BikeSomewhat Bikeable

Schools

6/10
3/10
Brown Middle SchoolGrades 5-82.1 mi
5/10
Ravenna High SchoolGrades 9-121.0 mi

Construction

Condition

  • Year built: 1980

Materials

  • Roof: Asphalt,Fiberglass
  • Construction materials: Brick,Metal Siding,Wood Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Triplex,Multi Family

Interior

Appliances

  • Laundry features: Laundry Closet

Basement

  • Basement: None,Other

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Finished area above ground: 2,862

Heating & Cooling

  • Heating features: Forced Air,Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,862
  • Total interior livable area: 2,862 sqft

Property

Details

  • Parcel number: 313140200016001

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 9,713 sqft

Parking

  • Total spaces: 3
  • Parking features: Attached,Driveway,Garage
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3