KimNadeau

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

Listed By

Agency Name: Jack Kohl Realty

agent picture

Shown By

Agent Name: Kim Nadeau
Agent Phone: (614) 464-7067

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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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/05/2026. The listing information on this page last changed on 06/05/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 06/05/2026 2:59:29 PM EST) or MLS NOW (last updated Fri 06/05/2026 2:58:24 PM EST). Real estate listings held by brokerage firms other than Jack Kohl Realty LLC may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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