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$329,000 Contingent

  • For Sale
  • Contingent
  • Triplex
  • 6 Beds
  • 3 Full Baths
  • 2,862 Sq. Ft.
  • 0.223 Acres
  • 3 Car Garage
  • Updated 12 days ago
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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!

Full Property Details for 501 N Park Dr

General

  • Price: $329,000
  • Taxes: $3,417 (2025)
  • Status: Contingent
  • Type: Triplex
  • Source: 505
  • MLS ID: 5215338
  • Updated: 6/11/2026
  • Added to Site: 19 day(s) ago

Interior

  • Number of Rooms: 12

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 6

Other Rooms

  • Laundry: Laundry Closet

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 3
  • Parking Features: Attached, Driveway, Garage

Location

  • County: Portage
  • Township: Ravenna
  • Subdivision: North Park
  • Driving Directions: State Route 88 North to Lovers Lane. Left (West) on Lovers Lane, left on North Park.
  • Direction Faces: Southeast

School Information

  • Elem School District: Ravenna CSD - 6706
  • Midd School District: Ravenna CSD - 6706
  • High School District: Ravenna CSD - 6706

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air, Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • # Buildings: 1
  • Construction: Brick, Metal Siding, Wood Siding
  • Basement Desc.: None, Other
  • Roof: Asphalt, Fiberglass
  • Stories/Levels: 2
  • Square Feet: 2,862
  • Living Area: 2,862 Sq. Ft.
  • Finished Above Grnd: 2,862 Sq. Ft.
  • Year Built: 1980
  • Year Built Source: Public Records

Lot Features

  • Lot Size (Acres): 0.223
  • Lot Size: .223
  • Lot Size Source: Assessor

Financial Considerations

  • Tax Amount: $3,417
  • Tax Year: 2025
  • Owner Pays: Exterior Maintenance, Insurance, Snow Removal
  • Tenant Pays: All Utilities

Disclosures and Reports

  • Legal Description: NORTH PARK CONDO LOT 5 FUTURE DEV PHASE 1
  • Disclosures/Rstr.: Principal is Real Estate Licensed
  • Property ID: 31-314-02-00-016-001

Listed by Jack Kohl Realty, Ryan Poland

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Listing agent

— 501 N Park Dr —

  • Ryan Poland

    Jack Kohl Realty

330-296-9997, jkohlre@jkohlre.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 501 N Park Dr

School District:Ravenna City School District
NameGradesDistance
West Main Elementary School
639 West Main Street, Ravenna, OH 44266
3-41.7 mi
West Park Elementary School
1071 Jones Avenue, Ravenna, OH 44266
K-1.7 mi
Brown Middle School
228 South Scranton Street, Ravenna, OH 44266
5-82.1 mi
Ravenna High School
6589 North Chestnut Street, Ravenna, OH 44266
9-120.9 mi
Willyard Elementary School
680 Summit Street, Ravenna, OH 44266
1-22.8 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 501 N Park Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/04/2026
Listed
$329,000
-41.54%
MLS
2/13/2007
Sold
$562,800
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 501 N Park Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,417
17%
$78,020
56%
2024
$2,913
27%
$50,120
—
2023
$2,285
—
$50,120
—
2021
$2,289
—
$50,120
—
2022
$2,286
-7%
$50,120
5%
2020
$2,462
—
$47,880
—
2019
$2,465
1%
$47,880
—
2018
$2,447
1%
$47,880
7%
2017
$2,431
6%
$44,630
—
2016
$2,289
—
$44,630
—
2015
$2,292
-11%
$44,630
-11%
2014
$2,575
1%
$50,190
—
2013
$2,559
—
$50,190
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Jack Kohl Realty, Ryan Poland

501 N Park Drive, Ravenna, OH 44266 (MLS# 5215338) is a Triplex property with 6 bedrooms and 3 full bathrooms. 501 N Park Drive is currently listed for $329,000 and was received on June 04, 2026. Want to learn more about 501 N Park Drive? 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.

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