2632 Summit RoadRavenna, OH 44266

2632 Summit RoadRavenna, OH 44266

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$299,900 Pending
Multi Unit - Multiple MLS 5224751 Pending
4 beds 2 full baths 1,432 sqft

Listed By

Agency Name: Keller Williams Chervenic Rlty
Agency Contact: DannieMoore@kw.com, 330-607-8445

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

Forget everything you thought you knew about duplexes. This architectural gem on over two scenic acres feels more like two custom-designed homes under one roof than a traditional investment property. With its striking modern design, soaring ceilings, dramatic angles, walls of windows, and warm contemporary finishes, this is the kind of property that turns heads the moment you pull into the driveway. Located just minutes from Kent State University, this one-of-a-kind duplex offers incredible flexibility for both investors and owner-occupants. One unit is currently occupied by a month-to-month tenant, while the second unit is vacant and move-in ready?offering the opportunity to generate immediate rental income or move right in while offsetting your mortgage. Inside, each unit features spacious living areas filled with natural light, updated kitchens and baths, durable flooring throughout, cozy wood-burning fireplaces, private outdoor spaces, and attached garages with separate entrances. The peaceful setting offers room to breathe, yet you're only minutes from shopping, dining, downtown Kent, and major highways. Whether you're looking to expand your investment portfolio, house hack your way into homeownership, or simply own one of the area's most unique income-producing properties you've got to check this out before it's gone.

2632 Summit Road | MLS# 5224751

This multi-family property located at 2632 Summit Road, Ravenna, OH 44266 is currently listed for sale with an asking price of $299,900. Summit Road is located within the Ravenna City school district. Search Ravenna real estate on 536austindriveunitf.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: None
Cooling: None
Days on Market: 3
Garage: 2 car attached
Heating: Baseboard
Lot Size: 2.26 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $3,666 / year
Year Built: 1980

Amenities

Cathedral Ceiling(s)
High Ceilings

Feature Descriptions

Appliances: Dishwasher, Range, Refrigerator
Exterior: Wood Siding
Parcel#: 29-359-00-00-006-002
Parking: Attached, Garage
Sewer: Septic Tank
Water: Well

Local Schools

School District: Ravenna City

Demographics

Portage County Demographic Information for 2632 Summit Road, 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

$ 1,929.20 per month $1,536.23 Principal & Interest $305.50 Property Tax $87.47 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Croos Country Mortgage