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    Ravenna, OH
    Triplex

    Ravenna, OH Triplexes for Sale

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    Rootstown, OH Kent, OH Mantua, OH Streetsboro, OH Windham, OH Stow, OH Atwater, OH Garrettsville, OH
    Updated Triplex with Attached Garages
    Updated: Jun 5
    Updated Triplex with Attached Garages

    501 N Park Ave, Ravenna, OH 44266

    $329,000
    2,862 sqft 0.22 AC lot
    Three 2‑bedroom, 1‑bath units totaling 2, 862 sq ft
    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
    New steel siding installed in 2026; garage doors replaced in 2023 & 2025
    New furnace in #501 and new HVAC in #503, both completed in 2025
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    This listing looks promising.

    Here's a quick look at some key insights for

    501 N Park Ave, Ravenna, OH

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    • Est. Cap Rate

      7.6%
      Above avg (5.9%)

    • Est. NOI

      $25K
      Annual

    • Price @ 7% Cap

      $356K
      Above asking

    • Property Type

      Triplex
      Built 1980
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    Three-Unit Multifamily Property
    Updated: Jun 19
    Three-Unit Multifamily Property

    541 & 547 E Main Street, Ravenna, OH 44266

    $339,900
    2,208 sqft 1.06 AC lot
    Three‑unit configuration with a front single‑family home and rear duplex
    1.06‑acre property with 2,208 square feet
    Rear duplex includes a shared 3‑car garage
    Separate gas and electric service for the duplex units
    Front residence includes three bedrooms and a first‑floor full bath
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    Leased Three-Unit Apartment Building
    Leased Three-Unit Apartment Building

    224 S Walnut St, Ravenna, OH 44266

    Contact for pricing

    Three-unit apartment building is 100% leased with two 1-bedroom units and one studio.

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    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Ravenna, OH, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Triplex with Waterfront Access
    Triplex with Waterfront Access

    8026 Elm Street, Garrettsville, OH 44231

    $210,000
    3,840 sqft 0.46 AC lot

    Three-unit triplex with direct Silver Creek access, driveway and garage parking, and public water and sewer.

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    Triplex with Private Entrances
    Triplex with Private Entrances

    124 Roswell Street, Akron, OH 44305

    $125,000
    3,316 sqft 0.12 AC lot

    Three-unit triplex with private entrances, updated exterior elements, and access to public utilities.

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    Triplex with Separate Utilities
    Triplex with Separate Utilities

    1288 Pondview Avenue, Akron, OH 44305

    $155,000
    3,002 sqft 0.11 AC lot

    Triplex with two 2-bedroom units and one 1-bedroom unit, plus separate gas and electric for each unit.

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    Triplex with Basement and Additional Lots
    Triplex with Basement and Additional Lots

    3-8218 Park Ave, Garrettsville, OH 44231

    $307,000

    Three apartments are fully rented, with tenants paying utilities and the owner providing lawn mowing and snow blowing.

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    Ravenna, OH Triplexes Market Trends and Statistics

    Explore 3 triplexes for sale in Ravenna, OH, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 5,070 square feet of properties for sale, with an estimated market value of $668,900.

    Sale prices for three-family homes in Ravenna, OH start at $329,000, averaging $334,450, and reaching up to $339,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Triplexes 3
    Apartment buildings 2
    Duplexes 2

    Demographics Overview

    Population 32K
    Population Growth (5Y) -4.7%
    Median Household Income $61,211
    College Educated 29.1%

    High-Yield Neighborhoods for Investment

    Identify Ravenna submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    44266 $294.5K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Portage County

    New Delisted

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