Property Description

Turnkey 4-Unit Investment Opportunity Prime Location! Excellent opportunity to own two well-maintained duplexes (4 total units) ideally located directly across from Southeast High School. Each unit offers 3 bedrooms, 1.5 bathrooms, in-unit laundry, and a one-car attached garage. All units are currently tenant occupied. Spacious and functional floor plans feature bright living areas, practical kitchen layouts with ample cabinetry, and comfortable bedroom space. Private entrances and attached garages add convenience and tenant appeal. Property Highlights: 4 Total Units (2 Duplexes) 3 Bedrooms, 1.5 Bathrooms Per Unit In-Unit Laundry Attached One-Car Garage Per Unit Fully Rented Strong Rental History Prime location across from Southeast High School Properties are fully rented with solid rental history, making this a turnkey addition to any investment portfolio. Seller would prefer to sell all four duplexes (8 total units) as a package, but properties are currently offered in sets of two duplexes (four units per listing). Don't miss this opportunity to secure stable, income-producing real estate in a highly desirable location.

8492 & 8476 Tallmadge Road | MLS# 5188902

This multi-family property located at 8492 & 8476 Tallmadge Road, Ravenna, OH 44412 is currently listed for sale with an asking price of $599,900. & 8476 Tallmadge Road is located within the Southeast Local school district. Search Ravenna real estate on 762hunterstrail.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple

Cooling: Wall/Window Unit(s)

Days on Market: 7

Garage: 4

Heating: Baseboard

Lot Size: 4.00 Acres

Roof Type: Asphalt, Fiberglass

Stories: 1.0

Taxes: $6,515 / year

Year Built: 1998

Feature Descriptions

Exterior: Vinyl Siding

Parcel#: 26-303-00-00-007-005

Parking: Concrete

Sewer: Septic Tank

Water: Well

Local Schools

School District: Southeast Local

Demographics

Portage County Demographic Information for 8492 & 8476 Tallmadge Road, Ravenna, OH 44412

Fips

Fips Code 39133

Population

2020 to 2023 Change up 0.5%

2010 Count 161,419

2020 Count 161,791

2023 Estimate (V2023) 162,665

2020 Estimate (V2023) 161,796

Age Distribution (Years Old)

0 to 4 4.5%

5 to 17 17.5%

18 to 64 59.5%

65 and Older 18.5%

Gender

Male 49.5%

Female 50.5%

Place of Birth

Foreign 3.1%

US 96.9%

Education

High School Graduate, Age 25+ 92.9%

Bachelor's Degree or Higher, Age 25+ 31.7%

Computer and Internet use

Households with a computer 93.7%

Households with a broadband Internet subscription 87.0%

Language

English is Second Language, Age 5+ 4.1%

English is First Language, Age 5+ 95.9%

Veterans

Veterans 8,208

Income

Per Capita Income $37,771

Median Household Income $69,796

People in Poverty 12.4%

Commute

Average Work Commute Time 26 minutes

Housing

Total Housing Units 71,416

Households 63,588

Average Household Size 2.42

Owner-Occupied 70.7%

Multi-Family 22.1%

Owner-Occupied Median Value $197,100

Median selected monthly owner costs -with a mortgage $1,494

Median selected monthly owner costs -without a mortgage $567

Median gross rent $990

Building Permits

New Private Housing Issued 2023 300

Years at Residence

1 Year or More 86.6%

Less Than 1 Year 13.4%

Business and Employment

Private non-farm Establishments 3,047

Private non-farm Employment 47,812

Private non-farm Employment Growth down 0.1%

Nonemployer Establishments 11,411

Number of Firms 12,070

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

$ 3,644.80 per month $2,926.92 Principal & Interest $542.92 Property Tax $174.97 Homeowner's Insurance

Change Payment Information

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 03/15/2026. The listing information on this page last changed on 03/15/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sun 03/15/2026 10:47:10 AM EST) or Dayton MLS (last updated Sun 03/15/2026 10:46:37 AM EST) or CBRMLS (last updated Sun 03/15/2026 10:45:19 AM EST) or Multiple Listing Service of Greater Cincinnati (last updated Sun 03/15/2026 10:42:43 AM EST) or NKY MLS (last updated Sun 03/15/2026 10:39:07 AM EST) or Wrist MLS (last updated Sun 03/15/2026 10:44:37 AM EST) or Firelands MLS (last updated Sun 03/15/2026 10:11:27 AM EST) or MLS NOW (last updated Sun 03/15/2026 10:44:13 AM EST). Real estate listings held by brokerage firms other than Cutler Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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8492 & 8476 Tallmadge RoadRavenna, OH 44412