There is both heaven and hell, it also depends on how you understand it.
There are Three heavens , and three hells, mentioned in the bible
1) The first heaven is "Rakia" - the atmospheric heaven - the place where the clouds form, the atmosphere around the earth.
2) The second heaven is "Shamayim" - the starry heaven - the solar system.
3) The third heaven is "Shemi Hashamyim" where God dwells - the Eternal Realm. the Throne of God........
1)Grave.....Sheol in Hebrew, and Hades in Greek
2)Lake of fire....Gehenna in Hebrew, and Geena in Greek
3)Pit....Tartaroo in Greek for demons
I cover this in more detail on my hub Death what now?