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Key Facts

3.21Lot (acres)

$79,900

$84,900 · Price reduced

Active133 days on marketListed February 6, 2026

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Description

Development opportunity in Ravenna! 3.203 Acres of Vacant Residential Land within the City limits and zoned for Residential, multi-family use. Public utilities are available at the street. Soils report shows this is a great piece of ground to build a multi-family complex on. Close proximity to Downtown Ravenna, Kent, Kent State University, NEOMED, BIOMED, the University of Akron, and all major highways and roadways such as SR 88, SR 14, SR 5, I76, I-80 (Ohio Turnpike), I-480, and more.

Property Information

Property Type

Land

Lot Size

3.21 acres

Days on Market

133

MLS® Listing#

5185630

Property Features

Parking

NoneOn SiteOn Street

Fencing

None

Utilities

Cable AvailableElectricity AvailablePhone AvailableSewer AvailableWater AvailableSewer Not AvailableWater Not Available

Sewer

Public SewerNone

Water Source

PublicNone

Financial Details

HOA

None

Annual Taxes

$287

Tax year 2025

Parcel Number

31-314-02-00-021-026

Directions

State Route 14 to Lovers Lane.

Affordability Calculator

Home Price

Down Payment

$15,980

Interest Rate (%)

Loan Term

Estimated monthly payment

$425/mo

Principal $63,920 · Est. interest $89,174 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Ravenna, OH

$225,000
Median Listing Price: 28
Median Days on Market: 1,580
Median Sq Ft: $130
Median Price / Sq Ft: 35
Active Listings

This home’s price is 64% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Ravenna, OH.

Similar Homes Nearby

$59,000
3 beds · 2 baths · 1,500 sq ft
6390 Linda Lane, Ravenna, OH 44266
Single Family ResidenceActive
Listing courtesy of McDowell Homes Real Estate Services
$80,000
3 beds · 2 baths · 1,600 sq ft
4415 Farmette, Ravenna, OH 44266
Single Family ResidenceActive
Listing courtesy of Glasshouse Realty Group, LLC

Similar Home Values

Comparable nearby listings and their asking prices.

Address	Price	Beds	Baths	Sq Ft
6390 Linda Lane, Ravenna, OH	$59,000	3	2	1,500
4415 Farmette, Ravenna, OH	$80,000	3	2	1,600

Moving Cost Estimate

Listing Courtesy: Jack Kohl Realty - 330-296-9997, jkohlre@jkohlre.com

The information being 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. Listing information provided courtesy of the Northern Ohio Regional Multiple Listing Service.

Last Updated: 2026-02-06