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Oliver Moreau
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(216) 619-9696
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242 W Highland Avenue, Ravenna, OH 44266

$220,000
  • 242 W Highland Avenue, Ravenna, OH 44266 Main Photo
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New to the Market Active
BEDS5 BATHS3 full SQUARE FEET2,571 MLS#5213026
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONHld SCHOOLRavenna City

Property Description

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!

242 W Highland Avenue | MLS# 5213026

This multi-family property located at 242 W Highland Avenue, Ravenna, OH 44266 is currently listed for sale with an asking price of $220,000. W Highland Avenue is located within the Ravenna City school district. Search Ravenna real estate on omoreau.progressiveurban.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Exterior Entry, Unfinished
Cooling: None
Heating: Forced Air, Gas
Lot Size: 0.28 Acres
Roof Type: Asphalt
Stories: 2.0
Taxes: $1,937 / year
Year Built: 1890

Feature Descriptions

Days on Site: 5
Exterior: Wood Siding
Parcel#: 31-360-03-00-092-000
Parking: Gravel, No Garage, Off Street, Parking Lot
Sewer: Public Sewer
Water: Public

Local Schools

School District: Ravenna City

Listed By / Shown By

Listed By

Agency Name: Berkshire Hathaway HomeServices Stouffer Realty
Agency Contact: jturner.realtor@gmail.com, 330-554-6507

Shown By

Agent Name: Oliver Moreau
Agent Phone: (216) 619-9696
Agency Title: Progressive Urban Real Estate

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Estimated Payment

$ 715.21 per month $489.62 Principal & Interest $161.42 Property Tax $64.17 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 06/02/2026. The listing information on this page last changed on 06/02/2026. 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 Tue 06/02/2026 2:22:33 PM EST) or MLS NOW (last updated Tue 06/02/2026 2:17:49 PM EST). Real estate listings held by brokerage firms other than Progressive Urban Real Estate 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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