242 W Highland Avenue, Ravenna, OH 44266
Local realty services provided by:Better Homes and Gardens Real Estate Central
Listed by: jennifer m filipczak-turner
Office: berkshire hathaway homeservices stouffer realty
MLS#:5163600
Source:OH_NORMLS
Price summary
- Price:$250,000
- Price per sq. ft.:$97.24
About this home
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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Home facts
- Year built:1890
- Listing ID #:5163600
- Added:42 day(s) ago
- Updated:November 21, 2025 at 07:52 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:3
- Full bathrooms:3
- Living area:2,571 sq. ft.
Heating and cooling
- Heating:Forced Air, Gas
Structure and exterior
- Roof:Asphalt
- Year built:1890
- Building area:2,571 sq. ft.
- Lot area:0.28 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$250,000
- Price per sq. ft.:$97.24
- Tax amount:$1,652 (2024)
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