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.
Sold for $205,000
$205,000
5601 Newton Falls Rd, Ravenna, OH 44266
6beds
3,286sqft
Duplex, Multi Family
Built in 1850
-- sqft lot
$203,700 Zestimate®
$62/sqft
$1,383 Estimated rent
Home value
$203,700
$194,000 - $214,000
$1,383/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: February 22, 2026 at 06:10pm
Listing Provided by:
Terry L Aikens 330-815-9728 taikens@kw.com,
Keller Williams Chervenic Rlty
Bought with:
Joshawa Smith, 2020007760
REMAX Diversity Real Estate Group LLC
Source: MLS Now,MLS#: 5153299
Originating MLS: Akron Cleveland Association of REALTORS
Originating MLS: Akron Cleveland Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard
Cooling
- Central Air
Appliances
- Included: Range, Refrigerator
- Laundry: In Basement
Features
- Windows: Double Pane Windows
- Basement: Full
Interior area
- Total structure area: 3,286
- Total interior livable area: 3,286 sqft
- Finished area above ground: 3,286
Property
Parking
- Parking features: Direct Access, No Garage
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.56 Acres
Details
- Parcel number: 050370000002000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Vinyl Siding
- Roof: Asphalt
Condition
- Unknown
- Year built: 1850
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Ravenna
- Subdivision: Charleston
Other
Other facts
- Listing terms: Cash,Conventional,FHA
Price history
| Date | Event | Price |
|---|---|---|
| 2/19/2026 | Sold | $205,000-3.7%$62/sqft |
Source:  MLS Now #5153299 Report a problem | ||
| 1/28/2026 | Pending sale | $212,900$65/sqft |
Source: MLS Now #5153299 Report a problem | ||
| 1/20/2026 | Price change | $212,900-2.7%$65/sqft |
Source: MLS Now #5153299 Report a problem | ||
| 11/3/2025 | Listed for sale | $218,900$67/sqft |
Source: MLS Now #5153299 Report a problem | ||
| 10/15/2025 | Contingent | $218,900$67/sqft |
Source: MLS Now #5153299 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,322 +0.7% | $59,960 +2.8% |
| 2023 | $2,305 -3.8% | $58,310 |
| 2022 | $2,395 -0.9% | $58,310 |
Find assessor info on the county website
Neighborhood: 44266
Nearby schools
GreatSchools rating
- NASoutheast Primary Elementary SchoolGrades: K-2Distance: 6.8 mi
- 4/10Southeast Junior High SchoolGrades: 6-8Distance: 7.4 mi
- 5/10Southeast High SchoolGrades: 9-12Distance: 7 mi
Schools provided by the listing agent
- District: Southeast LSD Portage- 6708
Source: MLS Now. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value$203,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$203,700