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$218,900
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Property Description
Fantastic Opportunity - Two-Unit Multifamily Home! Don't miss this exceptional chance to own a versatile two-unit multifamily property-perfect for owner-occupants or investors. Live in one unit and rent the other, or rent both for excellent income potential. Each spacious unit features 3 generously sized bedrooms, high ceilings, and a blend of modern updates and classic charm. The owner's unit includes a bright eat-in kitchen, ample storage, and access to a full-size basement. Nestled on over half an acre, the property offers plenty of parking, a beautiful wooded backyard, and a welcoming front porch-ideal for enjoying the outdoors in peace and privacy. Whether you're looking for a home with rental income or a solid addition to your investment portfolio, this property offers it all! Call for private showing.
Full Property Details
Full Property Details for 5601 Newton Falls Rd
General
- Price: $218,900
- Taxes: $2,322 (2024)
- Status: Active
- Type: Duplex
- Source: 505
- MLS ID: 5153299
- Updated: 11/3/2025
- Added to Site: 93 day(s) ago
Interior
- Number of Rooms: 10
- Appliances: Range, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Laundry: In Basement
Additional Information
- Security/Safety: Smoke Detector(s)
Parking
- Parking Features: Direct Access, No Garage
Location
- County: Portage
- Township: Charlestown Twp
- Subdivision: Charleston
- Driving Directions: Rt. 59 East, North on Oladys St., Right on Higland, Right on Peck to Newton Falls Road. Close to Rt.59 & Rt. 44
School Information
- Elem School District: Southeast LSD Portage- 6708
- Midd School District: Southeast LSD Portage- 6708
- High School District: Southeast LSD Portage- 6708
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Baseboard
Utilities
- Sewer: Septic Tank
- Water: Well
- Well: Yes
Structural Information
- # Buildings: 1
- Construction: Vinyl Siding
- Basement: Yes
- Basement Desc.: Full
- Roof: Asphalt
- Windows: Double Pane Windows
- Stories/Levels: 2
- Square Feet: 3,286
- Living Area: 3,286 Sq. Ft.
- Finished Above Grnd: 3,286 Sq. Ft.
- Year Built: 1850
- Year Built Source: Public Records
Lot Features
- Lot Size (Acres): 0.56
- Lot Size: .56
- Lot Size Source: Assessor
Financial Considerations
- Tax Amount: $2,322
- Tax Year: 2024
- Terms: Cash, Conventional, FHA
- Owner Pays: None
- Tenant Pays: Electricity, Gas
Disclosures and Reports
- Legal Description: LOT 36 & 37 W
- Property ID: 05-037-00-00-002-000
Listed by Keller Williams Chervenic Rlty, Terry L Aikens
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Schools
Schools serving 5601 Newton Falls Rd
School District:Southeast Local School District, Streetsboro, OH
| Name | Grades | Distance |
|---|---|---|
Southeast High School 8423 Tallmadge Road, Ravenna, OH 44266 | 9-12 | 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 5601 Newton Falls Rd
Date
Details
Price
Change
Source
10/15/2025
Listed
$218,900
16.13%
MLS
3/23/2023
Sold
$188,500
—
Public Record
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
Tax History for 5601 Newton Falls Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,322
1%
$58,310
—
2023
$2,305
-5%
$58,310
—
2021
$2,416
1%
$58,310
—
2022
$2,395
6%
$58,310
10%
2020
$2,269
—
$53,000
—
2019
$2,275
1%
$53,000
—
2018
$2,259
15%
$53,000
23%
2017
$1,961
—
$42,990
—
2016
$1,954
—
$42,990
—
2015
$1,958
—
$42,990
—
2014
$1,966
1%
$42,990
—
2013
$1,946
—
$42,990
—
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 5601 Newton Falls Rd
5601 Newton Falls Road, Ravenna, OH 44266 (MLS# 5153299) is a Duplex property with 6 bedrooms and 3 full bathrooms. 5601 Newton Falls Road is currently listed for $218,900 and was received on October 15, 2025. Want to learn more about 5601 Newton Falls Road? Do you have questions about finding other Duplex real estate for sale in Ravenna? You can browse all Ravenna real estate or contact a Coldwell Banker agent to request more information.
