Property Description

Opportunity knocks! This charming century home offers the perfect blend of character and flexibility, featuring a separate above-garage apartment?ideal for rental income, guests, or a private in-law suite. The main home includes 3 spacious bedrooms on the second floor, plus a unique 4th bedroom on the third level?perfect for a home office, studio, or retreat. You'll love the beautiful original woodwork, hardwood floors, and timeless charm throughout. A full bath is located upstairs, along with an oversized half bath on the main level for added convenience. Relax and unwind on the screened side porch?perfect for summer evenings. The detached garage apartment features 1 bedroom, 1 full bath, a living room, and kitchen?offering great potential as an income-producing unit or private living space. Whether you're looking for extra space, multi-generational living, or investment potential, this property checks all the boxes!

241 S Freedom Street | MLS# 5202597

This multi-family property located at 241 S Freedom Street, Ravenna, OH 44266 is currently listed for sale with an asking price of $215,000. S Freedom Street is located within the Ravenna City school district. Search Ravenna real estate on 7030hanbysloop.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple

Basement: Full, Unfinished

Basement: Yes

Cooling: None

Days on Market: 12

Garage: 2 car attached

Heating: Forced Air, Gas

Lot Size: 0.17 Acres

Roof Type: Asphalt, Fiberglass

Stories: 2.0

Taxes: $2,033 / year

Year Built: 1901

Feature Descriptions

Exterior: Wood Siding

Parcel#: 31-319-10-00-020-000

Parking: Attached, Garage, Paved

Sewer: Public Sewer

Water: Public

Local Schools

School District: Ravenna City

Demographics

Portage County Demographic Information for 241 S Freedom Street, Ravenna, OH 44266

Fips

Fips Code 39133

Population

2020 to 2025 Change up 1.0%

2010 Count 161,419

2020 Count 161,791

2025 Estimate (V2025) 163,404

2020 Estimate (V2025) 161,796

Age Distribution (Years Old)

0 to 4 4.5%

5 to 17 17.8%

18 to 64 58.5%

65 and Older 19.2%

Gender

Male 49.3%

Female 50.7%

Place of Birth

Foreign 3.7%

US 96.3%

Education

High School Graduate, Age 25+ 92.9%

Bachelor's Degree or Higher, Age 25+ 32.5%

Computer and Internet use

Households with a computer 95.7%

Households with a broadband Internet subscription 89.8%

Language

English is Second Language, Age 5+ 4.5%

English is First Language, Age 5+ 95.5%

Veterans

Veterans 8,134

Income

Per Capita Income $40,483

Median Household Income $75,766

People in Poverty 11.7%

Commute

Average Work Commute Time 25 minutes

Housing

Total Housing Units 71,416

Households 65,249

Average Household Size 2.37

Owner-Occupied 70.1%

Multi-Family 22.1%

Owner-Occupied Median Value $227,000

Median selected monthly owner costs -with a mortgage $1,578

Median selected monthly owner costs -without a mortgage $611

Median gross rent $1,064

Building Permits

New Private Housing Issued 2024 200

Years at Residence

1 Year or More 87.0%

Less Than 1 Year 13.0%

Business and Employment

Private non-farm Establishments 3,051

Private non-farm Employment 48,660

Private non-farm Employment Growth down 0.1%

Nonemployer Establishments 11,742

Number of Firms 2,004

Business Production

Value of Shipments $3,414,065,000

Wholesale Trade $2,552,575,000

Retail Trade $2,382,688,000

Retail Sales Per Capita $12,043

Accommodation and Food Services $268,582,000

Land

Land Area 487.38 sq. miles

Population Per Square Mile 332

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 1,324.94 per month $1,092.82 Principal & Interest $169.42 Property Tax $62.71 Homeowner's Insurance

Change Payment Information

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241 S Freedom StreetRavenna, OH 44266