121 E Highland Ave, Ravenna, OH, 44266

Location

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121 E Highland Ave, Ravenna$239,900

Buyer Closing Credits

$2,849^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeTriplex

ParkingDetached, Garage, Unpaved

Garage3 spaces

Year Built1926

HeatingBaseboard, Electric, Forced Air, Natural Gas

CoolingNone

BasementYes

MLS #5090604

Lot Size0.31 Acres

StatusActive

About 121 E Highland Ave

This 3-unit investment property in Ravenna presents an incredible opportunity for steady rental income with significant upside potential. The property is in excellent condition, with all major mechanicals updated in recent years, including the roof, windows, wiring, water heaters, and furnace—providing peace of mind and minimizing future maintenance costs. Neat and well-maintained, each unit is currently fully rented with one-year leases in place, ensuring immediate cash flow. Best of all, the current rental rates are significantly below market value, offering an attractive opportunity for future rent increases and maximizing your investment return. Don't miss out on this rare find!

Property Details

Property Features

Property Information:

Year Built: 1926
Stories: 3
Living Area: 3,306 SqFt

Listing Office:

Office Name: Tarter Realty
Office Phone: (330) 221-3585
Listing Agent: Shirley Ryan

Interior Features

Interior Information:

Basement: Yes

Bedroom and Bathroom Information:

Partial Bathrooms: 1
Full Bathrooms: 3
Total Bedroom Count: 5

Exterior Features

Exterior Information:

Private Pool: No

Parking Information:

Garage Space: 3 spaces
Attached Garage: No
Parking: Detached, Garage, Unpaved

Lot Features

Lot Information:

Lot Size: 0.31 Acres

Utilities

Utilities Information:

Heating: Baseboard, Electric, Forced Air, Natural Gas
Cooling: None

Other

Directions Information:

Directions: Take Prospect St to E Highland Ave. Home on the right.

Price Information

Listing Price Info

Price Summary:

List Price: $239,900
Price Per SqFt: $73/SqFt

What can I afford?

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Housing Market Comparison

See how this home compares to others in Ravenna, OH.

Ravenna, OH

City

Med. Sold Price

$199.9K

Med. Price/SqFt

$126

Avg. Days On Market

# of Sold Homes

121 E Highland Ave vs Ravenna

2 DAYS ON ROCKET

-30 Days

$239,900

+$39.9K More

$73/SqFt

-$54 Less

KEY TAKEAWAY

This property is $39.9K more than the Median Sold Price and $54/SqFt less than other homes in Ravenna, OH.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

MLS Name: NOWDD
MLS Number: #5090604

Listing Office:

Office Name: Tarter Realty
Office Phone: (330) 221-3585
Listing Agent: Shirley Ryan

Copyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 9:21:03 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

DATE	EVENT	PRICE
Aug 31, 2010	Aug 31, 2010Home Sold	$43,200
Aug 31, 2010	Aug 31, 2010Home Sold	$43,200
Aug 04, 2006	Aug 04, 2006Home Sold	$189,900
Aug 04, 2006	Aug 04, 2006Home Sold	$189,900

History based on county public records data.

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

/10

West Main Elementary School
639 W Main St
Distance between this listing and this school0.58 miles
Public District Grades 3-4

/10

Rootstown Elementary School
4140 State Route 44
Distance between this listing and this school4.03 miles
Public District Grades KG-5

/10

Walls Elementary School
900 Doramor St
Distance between this listing and this school5.38 miles
Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

How much money do the neighbors make?

39%

<35k

51%

35k-100k

10%

100k-200k

200k+

What level of education do the neighbors have?

High School: 61%
Post Secondary: 30%
Masters: 8%
Doctorate: 1%

What types of families live nearby?

48%

Single, No Kids

17%

Single, with Kids

20%

Married, No Kids

15%

Married, with Kids

Are the neighbors home owners or renters?

Home Owners: 51%
Renters: 49%

How old are people in this area?

15%

<11 yrs old

12-17 yrs old

23%

18-34 yrs old

38%

35-64 yrs old

16%

65+ yrs old

What do the neighbors do for fun?

Mexican League Soccer
NHRA Drag Racing
Pro Boxing

Where do the neighbors shop?

Books-a-Million
Big Lots
Family Dollar

Where do the neighbors go to eat?

Church's Chicken
Golden Corral
White Castle

What do the neighbors drive?

Toyota
Kia
Chevrolet

What do the neighbors listen to?

Adult Hits
Adult Standards
Rock

The neighbors living near this home have an average income of $45,417. Typical income of Ravenna, OH residents is between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Ohio›Portage County›Ravenna›44266›121 E Highland Ave

This home is located at 121 E Highland Ave in Ravenna, OH and zip code 44266. This 3,306 square foot home, which was built in 1926, sits on a 0.31 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 19, 2024 and is currently priced at $239,900.

Ravenna, OH housing market in November 2024 saw over 9 listings sold above listed price, more than 2 sold at listed price and over 12 sold below. The number of homes for sale in Ravenna, OH decreased by 2.2% between October 2024 and November 2024. In November 2024 median list price was $199,983 and the average listing age was 32 days.

Location

Property Highlights

Property Details

Property Features

Interior Features

Exterior Features

Lot Features

Utilities

Other

Price Information

Listing Price Info

Housing Market Comparison

MLS Details

Property Sales & Tax

Listing History

Payment Calculator

Schools

Schools Nearby

Neighborhood

What Are The Neighbors Like?

More Resources

More Homes For Sale in Ravenna

Homes For Sale in Nearby Cities

Housing Market Reports in Portage County