Property 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.

Lovers Lane | MLS# 5185630

This land located at Lovers Lane, Ravenna, OH 44266 is currently listed for sale with an asking price of $84,900. The property has approximately 3.21 Acres. Lovers Lane is located within the Ravenna City school district. Search Ravenna real estate on 15ontariotrail.cutlerhomes.com today.

Property Features

Property Type: Land - Residential

Days on Market: 17

Lot Size: 3.21 Acres

Taxes: $287 / year

Feature Descriptions

Fencing: None

Parcel#: 31-314-02-00-021-026

Parking: None, On Site, On Street

Sewer: Public Sewer, None

Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available, Sewer Not Available, Water Not Available

Water: Public, None

Local Schools

School District: Ravenna City

Demographics

Portage County Demographic Information for Lovers Lane, Ravenna, OH 44266

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

$ 462.91 per month $414.23 Principal & Interest $23.92 Property Tax $24.76 Homeowner's Insurance

Change Payment Information

Real estate agents ready to serve you | Browse homes and real estate for sale

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 10:47:11 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.

© MLS Now, INC - Northern Ohio Regional Multiple
Listing data compilation and photo(s) © 2026 - Multiple Listing Service, Inc. – All Rights Reserved
The photos may be altered, edited, enhanced or virtually staged.

The Cutler Real Estate® word mark is a registered trademark owned by Cutler and Associates, Inc.
Privacy Policy / DMCA Notice / ADA Accessibility

Sitemap

Lovers LaneRavenna, OH 44266