Date
Details
Price
Change
Source
10/15/2025
Listed
$250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$250,000
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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!
Full Property Details
Full Property Details for 242 W Highland Ave
General
- Price: $250,000
- Taxes: $1,652 (2024)
- Status: Active
- Type: Triplex
- Source: 505
- MLS ID: 5163600
- Updated: 11/14/2025
- Added to Site: 93 day(s) ago
Interior
- Number of Rooms: 12
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Parking
- Parking Features: Gravel, No Garage, Off Street, Parking Lot
Location
- County: Portage
- Township: Ravenna
- Subdivision: Hld
- Driving Directions: W Highland Ave between Cleveland and Chestnut. To access parking - there is no driveway off Highland, Turn down Day St and then on to Springfield Ave. Parking lot is in the back of the unit.
School Information
- Elem School District: Ravenna CSD - 6706
- Midd School District: Ravenna CSD - 6706
- High School District: Ravenna CSD - 6706
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air, Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- # Buildings: 1
- Construction: Wood Siding
- Basement: Yes
- Basement Desc.: Exterior Entry, Unfinished
- Roof: Asphalt
- Stories/Levels: 2
- Square Feet: 2,571
- Living Area: 2,571 Sq. Ft.
- Finished Above Grnd: 2,571 Sq. Ft.
- Year Built: 1890
- Year Built Source: Public Records
Lot Features
- Lot Size (Acres): 0.2849
- Lot Size: .2849
- Lot Size Source: Public Records
Financial Considerations
- Tax Amount: $1,652
- Tax Year: 2024
- Owner Pays: Sewer, Trash Collection, Water
- Tenant Pays: Cable TV, Electricity, Gas
Disclosures and Reports
- Legal Description: HLD LOT 6 F 73
- Disclosures/Rstr.: Principal is Real Estate Licensed
- Property ID: 31-360-03-00-092-000
Listed by Berkshire Hathaway HomeServices Stouffer Realty, Jennifer M Filipczak-Turner
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Listing agent
— 242 W Highland Ave —
Jennifer M Filipczak-Turner
Berkshire Hathaway HomeServices Stouffer Realty
jturner.realtor@gmail.com, 330-554-6507
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 242 W Highland Ave
School District:Ravenna City School District
| Name | Grades | Distance |
|---|---|---|
West Park Elementary School 1071 Jones Avenue, Ravenna, OH 44266 | K- | 0.9 mi |
Brown Middle School 228 South Scranton Street, Ravenna, OH 44266 | 5-8 | 1 mi |
Ravenna High School 6589 North Chestnut Street, Ravenna, OH 44266 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 242 W Highland Ave
Tax History
Tax History for 242 W Highland Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,652
47%
$24,710
—
2023
$1,127
—
$24,710
—
2021
$1,129
—
$24,710
—
2022
$1,127
—
$24,710
13%
2020
$1,129
—
$21,950
—
2019
$1,130
1%
$21,950
—
2018
$1,122
2%
$21,950
9%
2017
$1,096
6%
$20,130
—
2016
$1,032
—
$20,130
—
2015
$1,034
-9%
$20,130
-9%
2014
$1,133
1%
$22,090
—
2013
$1,126
—
$22,090
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 242 W Highland Ave
242 W Highland Avenue, Ravenna, OH 44266 (MLS# 5163600) is a Triplex property with 5 bedrooms and 3 full bathrooms. 242 W Highland Avenue is currently listed for $250,000 and was received on October 15, 2025. Want to learn more about 242 W Highland Avenue? Do you have questions about finding other Triplex real estate for sale in Ravenna? You can browse all Ravenna real estate or contact a Coldwell Banker agent to request more information.