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242 W Highland Avenue, 
Ravenna, OH 44266

$220,000

5

Beds

3

Baths

2,571

Sq Ft

Multi-Family

Virtual Tour

Active

Listed by

Jennifer M Filipczak-Turner

Berkshire Hathaway HomeServices Stouffer Realty

330-677-3430

Last updated:

May 31, 2026, 02:13 PM

MLS#

5213026

Source:

OH NORMLS

About This Home

242 W Highland Avenue

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!

Home Facts

Multi-Family

3 Baths

5 Bedrooms

Built in 1890

Price Summary

220,000

$85 per Sq. Ft.

MLS #:

5213026

Last Updated:

May 31, 2026, 02:13 PM

Added:

7 day(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

5

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

2,571 Sq. Ft.

Structure

Structure

Building Area:

2,571 Sq. Ft.

Year Built:

1890

Lot

Lot Size (Sq. Ft):

12,410

Finances & Disclosures

Finances

Price:

$220,000

Price per Sq. Ft:

$85 per Sq. Ft.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.