501 N Park Drive, Ravenna, OH 44266
Local realty services provided by:ERA Real Solutions Realty
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
- Subdivision & Development:North Park
- Listing ID #:5215338
- Added:76 day(s) ago
- Updated:August 20, 2026 at 07:25 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:Forced Air, Gas
- 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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