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.
Closed
$70,000
938 Walnut St, Elyria, OH 44035
2beds
1,032sqft
Single Family Residence
Built in 1900
8,276 Square Feet Lot
$-- Zestimate®
$68/sqft
$1,201 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,201/mo
Zestimate® history
Owner options
List your home for rent
$1,201/mo
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$1,201/mo
Rent Zestimate®
Refinance and save
$371/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$371/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Melissa J McConaughey 440-387-1313 lisa32575@gmail.com,
Russell Real Estate Services,
Molly Szafran 440-822-8265,
Russell Real Estate Services
Bought with:
Melissa J McConaughey, 2010001648
Russell Real Estate Services
Source: MLS Now,MLS#: 5203441
Originating MLS: Medina County Board of REALTORS
Originating MLS: Medina County Board of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Heating
- Forced Air, Gas
Cooling
- Central Air
Features
- Basement: Full,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 1,032
- Total interior livable area: 1,032 sqft
- Finished area above ground: 1,032
Property
Parking
- Total spaces: 1
- Parking features: Garage
- Garage spaces: 1
Features
- Levels: Two
- Stories: 2
Lot
- Size: 8,276 Square Feet
Details
- Additional structures: Gazebo
- Parcel number: 0624026121004
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Roof: Asphalt,Fiberglass
Condition
- Unknown
- Year built: 1900
Utilities & green energy
- Sewer: Private Sewer
- Water: Public
Community & HOA
Community
- Subdivision: William Bramans Add
HOA
- Has HOA: No
Location
- Region: Elyria
Financial & listing details
- Price per square foot: $68/sqft
- Tax assessed value: $100,430
- Annual tax amount: $731
- Date on market: 4/22/2026
- Cumulative days on market: 16 days
- Listing terms: Cash,Other
Price history
| Date | Event | Price |
|---|---|---|
| 5/14/2026 | Sold | $70,000-17.6%$68/sqft |
Source:  MLS Now #5203441 Report a problem | ||
| 5/7/2026 | Pending sale | $85,000$82/sqft |
Source: MLS Now #5203441 Report a problem | ||
| 4/22/2026 | Listed for sale | $85,000+71.7%$82/sqft |
Source: MLS Now #5203441 Report a problem | ||
| 10/11/2019 | Sold | $49,500$48/sqft |
Source: MLS Now #4129677 Report a problem | ||
| 10/11/2019 | Listed for sale | $49,500$48/sqft |
Source: Russell Real Estate Services #4129677 Report a problem | ||
| 10/1/2019 | Pending sale | $49,500$48/sqft |
Source: Russell Real Estate Services #4129677 Report a problem | ||
| 9/3/2019 | Listed for sale | $49,500$48/sqft |
Source: Russell Real Estate Services #4129677 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,200 +28.4% | $35,150 +33.5% |
| 2023 | $935 -2% | $26,320 |
| 2022 | $954 -0.2% | $26,320 |
| 2021 | $956 +22.9% | $26,320 +22.6% |
| 2020 | $778 +0.6% | $21,470 |
| 2019 | $773 -0.2% | $21,470 |
| 2018 | $775 +15.7% | $21,470 +11.3% |
| 2017 | $670 +1.3% | $19,290 |
| 2016 | $661 +6.8% | $19,290 |
| 2015 | $619 -7.7% | $19,290 -5% |
| 2014 | $671 +1% | $20,310 |
| 2013 | $665 +2.3% | $20,310 |
| 2012 | $650 | $20,310 -72.2% |
| 2011 | -- | $73,100 |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | $844 +0.4% | -- |
| 2007 | $841 -25.1% | -- |
| 2006 | $1,122 +9.9% | -- |
| 2005 | $1,021 +11.7% | -- |
| 2004 | $914 +3.2% | -- |
| 2003 | $886 +0.1% | -- |
| 2002 | $885 -0.9% | -- |
| 2001 | $893 +6% | -- |
| 2000 | $842 | -- |
Find assessor info on the county website
Neighborhood: 44035
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Nearby schools
GreatSchools rating
- 5/10Crestwood Elementary SchoolGrades: K-4Distance: 1.2 mi
- 5/10Westwood Middle SchoolGrades: 5-8Distance: 1.2 mi
- 3/10Elyria High SchoolGrades: 9-12Distance: 1.7 mi
Schools provided by the listing agent
- District: Elyria CSD - 4706
Source: MLS Now. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Ohio
- Lorain County
- Elyria
- 44035
- 938 Walnut St
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