938 Walnut Street, Elyria, OH 44035
Local realty services provided by:Better Homes and Gardens Real Estate Central
Listed by: melissa j mcconaughey, molly szafran
Office: russell real estate services
MLS#:5203441
Source:OH_NORMLS
Price summary
- Price:$85,000
- Price per sq. ft.:$82.36
About this home
ATTENTION INVESTORS: Prime Long-Term Buy & Hold Opportunity! Unlock immediate equity and long-term cash flow with this solid Elyria investment property. Whether you are looking to expand your portfolio or land your very first rental, this property is the definition of "investor special." Located in a market with a consistently high rental demand, this home offers the perfect balance of manageable updates and major mechanical peace of mind.
The Stats That Matter:
Roof: Replaced in 2016 Years of life remaining!
HVAC: New furnace and A/C installed in 2018 High-ticket items are already checked off.
Ideal for a long-term buy and hold
Elyria is a strategic choice for investors seeking affordability and with its proximity to local hospitals, parks, and major highways, you have a built-in tenant base looking for stable housing. Stop hunting for deals and start closing on one.
Contact an agent
Home facts
- Year built:1900
- Listing ID #:5203441
- Added:2 day(s) ago
- Updated:April 25, 2026 at 02:15 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:1
- Half bathrooms:1
- Rooms Total:6
- Basement:Yes
- Basement Description:Full, Unfinished
- Living area:1,032 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air, Gas
- Central air:Yes
Structure and exterior
- Roof:Asphalt, Fiberglass
- Year built:1900
- Building area:1,032 sq. ft.
- Lot area:0.19 Acres
- Architectural Style:Bungalow
- Construction Materials:Vinyl Siding
- Levels:2 Stories, 2 Story
Utilities
- Water:Public
- Sewer:Private Sewer
Finances and disclosures
- Price:$85,000
- Price per sq. ft.:$82.36
- Tax amount:$731 (2025)
Parking
- Parking description:Garage
- Garage:Yes
- Garage spaces:1
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