508 Wood St, Elyria, OH 44035
Property image
Property image
SOLD
MAY 20, 2026

$164,300

Trulia Estimate
  • 6 Beds
  • 2 Baths
  • 2,440 sqft (on 0.25 acres)

508 Wood St, Elyria, OH 44035

Est. Refi. Payment $1,081/mo*
Refinance Your Home
Currently Off Market - Sold May 20, 2026 for $176,513 (4% above list price)

Home Value

Trulia Estimate
$164K
Since last month
Decreased$600 (-0.4%)
Since last year
Decreased$29K (-14.8%)
Since last sale
Decreased$12K (-6.9%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +121% in the last 10 years
MonthEstimated value
2026
August 2026$164K
July 2026$165K
June 2026$165K
May 2026$177K
April 2026$171K
March 2026$172K
February 2026$199K
January 2026$193K
2024
2023
2022
2021
2020
2019
2018
2017

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
231 Oberlin Rd, Elyria, OH
0.59
Multi-Family Home
$106,000
10/15/25
7
3
2,306
338 17th St, Elyria, OH
0.66
Multi-Family Home
$127,000
05/27/26
5
2
1,680
330 13th St, Elyria, OH
0.84
Multi-Family Home
$140,000
05/04/26
5
2
1,920
312 16th St, Elyria, OH
0.71
Multi-Family Home
$129,900
09/12/25
3
2
1,632
1120 East Ave, Elyria, OH
0.96
Multi-Family Home
$145,000
01/07/26
4
3
4,020
227 6th St, Elyria, OH
1.38
Multi-Family Home
$156,500
02/26/26
4
2
1,922

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
22 Eastwood Dr, North Ridgeville, OH 44039
0.02
$196,100
3
1.5
-
Off Market
164 Delaware Cir, Elyria, OH 44035
0.05
$53,300
2
2
1,152
Off Market
505 Wood St, Elyria, OH 44035
0.04
$210,200
3
2
1,520
Off Market
182 Delaware Cir, Elyria, OH 44035
0.08
$177,100
3
2
1,216
Off Market
608 Wood St #610, Elyria, OH 44035
0.10
$248,200
6
2
2,440
Off Market
222 Massachusetts Ave, Elyria, OH 44035
0.10
$84,500
4
2
1,568
Off Market
144 Delaware Cir, Elyria, OH 44035
0.09
$79,500
3
2
1,216
Off Market
233 Massachusetts Ave, Elyria, OH 44035
0.11
$106,900
3
2
1,216
Off Market
231 Massachusetts Ave, Elyria, OH 44035
0.11
$72,800
3
2
1,216
Off Market
235 Rhode Is, Elyria, OH 44035
0.12
$109,400
3
2
1,216
Off Market
225 Massachusetts Ave, Elyria, OH 44035
0.12
$77,800
3
2
1,056
Off Market

Local Information

  • Map ViewExplore the area around 508 Wood St.
  • Schools3 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1978
Lot Size
0.25 acres
Living Area
2,440 sqft
Price/Sqft
$72/sqft
Parking
2 Car Garage

About this House

Some properties are priced for perfection. This one is priced for potential — and that's exactly the point.

This side-by-side duplex is a straightforward opportunity for the investor who knows how to see past paint and patched walls, or for the buyer who's ready to stop paying someone else's mortgage and start building something of their own. House hacking done right starts with a property like this.

Each unit offers 1,220 square feet, 3 bedrooms, a full bath, and an attached single-car garage — a layout that rents well and lives well. One side is currently tenant-occupied and generating income from day one. The other side is vacant, has been updated, and is move-in ready with two things standing between you and full occupancy: paint and a little wall repair. That's it. That's the ask.

The big stuff? Already handled. A brand new roof and gutters installed November 2023— one of the most expensive line items any investor dreads is already off your list.

The pricing here is intentional. It reflects the current rental market in the area, the cosmetic work ahead, and the very real upside waiting on the other side of it. This isn't a hidden gem that nobody noticed. It's a property that rewards buyers who show up prepared and move with clarity.

Whether you're adding to a portfolio or stepping into your first house hack, 508-510 Wood St meets you where you are — and gives you room to grow.

Priced for the work. Built for the return.
508 Wood St, Elyria, OH 44035 is a 6 bedroom, 2 bathroom, 2,440 sqft multi-family built in 1978. It last sold for $176,513 on May 20, 2026 (4% above the $169,900 asking price). More recently, it was listed as a rental in March 2024 with an asking price of $1,200 per month. That rental listing was removed on May 11, 2024. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $164,300, with a rent estimate of $1,215/month.
Last check for updates: about 2 hours ago
Listed by Traci Taylor, (216) 280-0934
EXP Realty, LLC.
Bought with: Melissa J McConaughey, (440) 387-1313, Russell Real Estate Services
Co-Buyer's Agent: Molly Szafran, (440) 822-8265, Russell Real Estate Services
Originating MLS: Akron Cleveland Association of REALTORS
Source: MLS Now, MLS#5196871

Home Details for 508 Wood St

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: NoneNumber of Rooms: 12
Beds & Baths
Number of Bedrooms: 6Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 2440 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Range, RefrigeratorDishwasherLaundry: In UnitRefrigerator
Heating & Cooling
Heating: Baseboard,ElectricAir Conditioning: Ceiling Fan(s)Has HeatingHeating Fuel: Baseboard
Levels, Entrance, & Accessibility
Stories: 2Levels: Two

Exterior Features

Exterior Home Features
Roof: Asphalt Fiberglass ShingleNo Private Pool
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas an Attached GarageParking Spaces: 2Parking: Attached,Driveway,Garage
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 2440 Square Feet

Days on Market

Cumulative Days on Market: 53

Property Information

Year Built
Year Built: 1978
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Duplex, Multi Family
Building
Construction Materials: Vinyl SidingDoes Not Include Home Warranty
Property Information
Parcel Number: 1000004113043

Price & Status

Price
List Price: $169,900Price Per Sqft: $72/sqft
Status Change & Dates
Off Market Date: Fri Apr 03 2026Possession Timing: Negotiable

Media

Location

Direction & Address
City: ElyriaCommunity: Colonial Oaks Sub
School Information
Elementary School District: Midview LSD - 4710Jr High / Middle School District: Midview LSD - 4710High School District: Midview LSD - 4710

Building

Building Area
Building Area: 2440 Square Feet

HOA

Association for this Listing: Akron Cleveland Association of REALTORS

Lot Information

Lot Area: 10890 sqft

Offer

Listing Terms: Cash, Conventional, 1031 Exchange

Miscellaneous

Mls Number: 5196871Living Area Range Units: Square FeetAttribution Contact: tracitaylorrealtor@gmail.com, 216-280-0934Above Grade Unfinished Area: 2440

Price and Tax history

DateEventPrice
May 22, 2026
Source: MLS Now #5196871
Pending
$169,900
May 20, 2026
Source: MLS Now #5196871
Sold
$176,513
Apr 30, 2026
Source: MLS Now #5196871
PendingToActive
$169,900
Apr 3, 2026
Source: MLS Now #5196871
Contingent
$169,900
Mar 28, 2026
Source: MLS Now #5196871
Listed For Sale
$169,900

Market trends in Elyria

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$203K
$9.33KMoM
Sale-to-List Price
100.0%
Price per sq ft
$139
$4MoM
Available listings
180
1MoM

Around this home

What Locals Say about Elyria

At least 386 Trulia users voted on each feature.

  • 88 % Say car is needed

  • 85 % Say parking is easy

  • 84 % Say there are sidewalks

  • 83 % Say yards are well-kept

  • 80 % Say it's dog friendly

  • 70 % Say kids play outside

  • 70 % Say there's holiday spirit

  • 58 % Say streets are well-lit

  • 52 % Say neighbors are friendly

  • 52 % Say people would walk alone at night

  • 49 % Say there's wildlife

  • 49 % Say it's quiet

  • 46 % Say they plan to stay for at least 5 years

  • 41 % Say it's walkable to restaurants

  • 40 % Say it's walkable to grocery stores

  • 21 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • W84nc4z4t2
    "That Elyria is a great neighborhood and they have great schools and I’ve lived here my whole life and I would definitely recommend living here "
    0
    Flag
  • Chrystal Williams
    "I lived in Elyria since I was a kid. They have a lot of good programs for schools for kids to excel and graduate early and also graduate with college under their belt from high school like any place I need the community to pour back into it, but it has amazing potential."
    0
    Flag
  • Suzanne Lester White
    "It is close to shopping and major routes and favorite shopping. There are many metro parks and recreational facilities close by "
    0
    Flag
  • Sarahg_5657
    "Nice area, close to the highway, many stores, restaurants, and fast food. Neighbors are friendly and approachable. Also easy access to the turnpike. "
    0
    Flag
  • Poegm13
    "There are lots of parks to choose from with great playgrounds. There are also sidewalks in most places. "
    3
    Flag
  • John Miller-Jackson
    "It’s home and it always will be been here for many many years and I love it it’s always been family oriented"
    0
    Flag
  • Jesus E. T. C.
    "very long. I drive to Cleveland every day and it is very long. its nice having the 90 and 80 so close though "
    11
    Flag
  • Ashlyrashel1993
    "it has a great school systems and next year they will have a brand new school. we have friendly neighbors. "
    0
    Flag
  • Ivery J.
    "i lived here my whole live and it is cool place and the apple feastble is fun too. Elyria Ohio us nice place to be."
    2
    Flag
  • Laura M.
    "I take route 90 into downtown Cleveland. I leave very early and don’t encounter much, if any traffic. "
    3
    Flag
  • Deejugasz
    "Crestwood Elementary is the BEST. My neighbors in the township are helpful and nice. Within the county there are many activities and events at no cost to families."
    2
    Flag
  • Samantha M.
    "We have an Apple fest here and it pretty cool.. lots of venders lots of people and lots of neat stuff to look at "
    3
    Flag
  • Charles S.
    "Very peaceful love the quiet morning and drama free environment. I would love to find a house out here "
    2
    Flag
  • Jill C.
    "A lot of ppl walk their dogs and are friendly. There are lots of local parks close with great trails. "
    6
    Flag
  • Marlon C.
    "my neighborhood is special because of the older and younger neighbors a great mix of both. I feel really safe and theres also a few parks around and I always see people walking there dogs"
    0
    Flag
  • Kylee
    "Make sure to keep your children safe, mostly not intimidating environment but gets more active at night."
    5
    Flag
  • Victoria J.
    "I don't know of any except people cook for July 4th and decorate for holidays. So far nothing else. "
    0
    Flag
  • Anonymous
    "It is a short walk to downtown Elyria. There are two elementary schools nearby and the middle school and high school are just down the road. There are a lot of businesses in this area."
    2
    Flag
  • Veedez
    "Schools are close by and shopping and pharmacy and gasoline stations. People are friendly and take care of their property. Streets well labeled and easy to get around to. Many fast food places are close by. "
    0
    Flag
  • anon
    "I really don’t like the area to be honest, it’s an averagely bad city with a lot of young people who don’t really have proper manners or care for their environment."
    5
    Flag
  • George H.
    "Fair, home gatherings and cookouts, county living, open skies, star watching, breathing room. Farms, horseback riding "
    0
    Flag
  • Suzanne W.
    "Plenty of parks to walk your pets. There are a lot of dogs in this area so having a fenced in yard is a plus! "
    0
    Flag
  • JudyP.
    "We've lived here for 32 years and seen children grow and leave so the neighborhood now is quiet. Everyone is very friendly and yes, people walk their dogs at night. The street is about 3 minutes to the community college and close to the highway to Cleveland, about 25 minutes away. We love our neighborhood so much we recently bought a ranch home up the street."
    0
    Flag
  • Dianakopp04
    "I love this neighborhood. Very friendly. You drive down the road and people you don’t know wave hello. "
    0
    Flag
  • Unspecified
    "There are no community events that I am aware of ever. Everyone pretty much keeps to themselves. I miss having neighbors that are also friends"
    0
    Flag
  • Bonchumom
    "I’m not sure. I don’t see a lot of dogs here. There are a lot of hiking trails nearby but dogs need to be on the leash. "
    0
    Flag
  • Frances R.
    "there's places to walk the dogs lots of open space but can't leave dogs run around unless on a leash "
    0
    Flag
  • Apenny04
    "Dog friendly neighborhood. people also jog throughout. It's nice and quiet. "
    2
    Flag
  • Reggielovejoy
    "parks restaurants I walki by distance a gym and bars and friends with shopping near by going to movies walking dogs "
    0
    Flag
  • Myanozzy
    "I love it being born and raised in Elyria haves been fun. But it’s time I expand my life and move on somewhere else. Close by but similar to home. "
    0
    Flag
  • Stephanie S.
    "great bike trails and country setting along with city amenities. we like it here on the outskirts of town by the airport. "
    0
    Flag
  • Danpaulssu
    "kids love to play outside and the neighbors are very friendly and trustworthy. its a very family friendly environment. "
    0
    Flag
  • Melodygerken
    "you always see neighbors with dogs outside some on leash and some aren't. people are respectful of others. "
    1
    Flag
  • Alex L.
    "it's close to my jobs very easy commute to and from places to get food and work places. "
    0
    Flag
  • Leah Y.
    "Well maintained community. Hard working neighbors. Neighbors are friendly but not nosey. Neighbors clean up after their pets. "
    0
    Flag
  • Kerstyneh
    "my family all lives here on the same block and I grew up here. its a nice quiet neighborhood. The only reason why I am leaving is because I've never been anywhere else and I want to start a new life with my new hubby."
    0
    Flag

LGBTQ Local Legal Protections

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS NOW. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Zillow, Inc. does not display the entire MLS NOW IDX database on this website. The listings of some real estate brokerage firms have been excluded. Information is deemed reliable but not guaranteed. Copyright 2026 - Multiple Listing Service, Inc. – All Rights Reserved.

Frequently asked questions about 508 Wood St

  • What is 508 Wood St estimated to be worth?
    Trulia's estimated value for 508 Wood St in Elyria, OH is $164,300.
  • What is the price history for 508 Wood St?
    508 Wood St in Elyria, OH last sold for $176,513 in May 2026.
  • Is Elyria a buyer's or seller's market?
    Elyria is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Elyria?
    The median sale price in Elyria is $203K. That is up $9.33K from the prior month.
  • Does 508 Wood St have laundry facilities?
    Yes, 508 Wood St in Elyria, OH has laundry facilities.
  • Is there a virtual tour of 508 Wood St?
    Yes, a virtual tour of 508 Wood St in Elyria, OH is available.

Explore by feature - Pet Friendly

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