938 Walnut St
Elyria, OH 44035
2 Beds
1.5 Baths
1,032 sqft
2 Beds
1.5 Baths
1,032 sqft
Local Information
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Description
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.
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.
Home Highlights
Parking
Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$82
Listed
16 days ago
Home Details for 938 Walnut St
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MLS Status: Pending |
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Interior Details Basement: Full,UnfinishedNumber of Rooms: 6 |
Beds & Baths Number of Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (half): 1Number of Bathrooms (main level): 1 |
Dimensions and Layout Living Area: 1032 Square Feet |
Heating & Cooling Heating: Forced Air,GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air |
Fireplace & Spa No Fireplace |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Levels: Two |
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Exterior Home Features Roof: Asphalt FiberglassOther Structures: GazeboNo Private Pool |
Parking & Garage Number of Garage Spaces: 1Number of Covered Spaces: 1No CarportHas a GarageNo Attached GarageParking Spaces: 1Parking: Garage |
Frontage Not on Waterfront |
Water & Sewer Sewer: Private Sewer |
Finished Area Finished Area (above surface): 1032 Square Feet |
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Cumulative Days on Market: 16Days on Market: 16 |
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Year Built Year Built: 1900 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Bungalow |
Building Construction Materials: Vinyl SidingDoes Not Include Home Warranty |
Property Information Condition: UnknownParcel Number: 0624026121004 |
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Price List Price: $85,000Price Per Sqft: $82 |
Status Change & Dates Off Market Date: Thu May 07 2026Possession Timing: Negotiable |
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Direction & Address City: ElyriaCommunity: William Bramans Add |
School Information Elementary School District: Elyria CSD - 4706Jr High / Middle School District: Elyria CSD - 4706High School District: Elyria CSD - 4706 |
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Listing Agent Listing ID: 5203441 |
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Building Area Building Area: 1032 Square Feet |
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Association for this Listing: Medina County Board of REALTORSNo HOA |
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Lot Area: 8276.4 sqft |
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Listing Terms: Cash, Other |
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BasementMls Number: 5203441Living Area Range Units: Square FeetAttribution Contact: lisa32575@gmail.com, 440-387-1313Above Grade Unfinished Area: 1032 |
Last check for updates: about 16 hours ago
Listing Provided by: Melissa J McConaughey, (325) 754-4038 x71313
Russell Real Estate Services
Molly Szafran, (440) 822-8265
Russell Real Estate Services
Originating MLS: Medina County Board of REALTORS
Source: MLS Now, MLS#5203441
Also Listed on MLS Now.
Price History for 938 Walnut St
| Date | Price | Event | Source |
|---|---|---|---|
| 05/07/2026 | $85,000 | Pending | MLS Now #5203441 |
| 04/22/2026 | $85,000 | Listed For Sale | MLS Now #5203441 |
| 10/11/2019 | $49,500 | Sold | MLS Now #4129677 |
| 10/11/2019 | $49,500 | PendingToActive | Agent Provided |
| 10/01/2019 | $49,500 | Pending | Agent Provided |
| 09/03/2019 | $49,500 | Listed For Sale | Agent Provided |
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Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | $1,200 |
| Assessment | $100,430 |
Home facts updated by county records
Comparable Sales for 938 Walnut St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.13 | Single-Family Home | $44,900 | 01/28/26 | 3 | 1 | 940 | |
0.21 | Single-Family Home | $65,000 | 02/18/26 | 2 | 1 | 1,044 | |
0.25 | Single-Family Home | $56,000 | 08/15/25 | 2 | 1 | 1,546 | |
0.03 | Single-Family Home | $124,000 | 10/27/25 | 3 | 1 | 1,206 | |
0.04 | Single-Family Home | $112,800 | 02/26/26 | 3 | 1 | 1,344 |
Assigned Schools
These are the assigned schools for 938 Walnut St.
- Crestwood Elementary School
- K-4
- Public
- 444 Students
5/10GreatSchools RatingParent Rating AverageExcellent experience. I believe this site is a bit out of date in regards to test scores. They were trending up when I moved to the area in 2007 and were right on par with Midview, North Ridgeville and North Olmsted by the time I moved away in 2018 from my understanding.Parent Review7y ago - Elyria High School
- 9-12
- Public
- 1497 Students
3/10GreatSchools RatingParent Rating AverageThe Elyria City Schools offers a wide range of classes for general education as well as many Honors and AP options and dual enrollment classes. They have over 60 clubs that all students are welcome to join. Their band, drama, and other arts programs are second to none. They send children to the top universities in the country. There was a student a few years ago that was chosen to go to Sweden to work on the CERN Large Hadron Collider. He was one of only ten college students chosen throughout the country and he credits his Science teacher at Elyria High for sparking his interest in Physics. More than one student has come back to teach at Elyria High due to the influence of their teachers. There are an impressive number of students graduating with Top Honors and millions of dollars are awarded every year for scholarships. They have a 90% graduation rate which is practically unheard of in an urban district. If you want your child learning in a diverse environment with many opportunities and taught by an outstanding, highly qualified staff in a new state of the art building I would highly recommend Elyria High School.Parent Review9y ago - Westwood Middle School
- 5-8
- Public
- 466 Students
5/10GreatSchools RatingParent Rating Averagezero tolerance for bullying is a great aspect of this school, the teachers care, I got a call from a teacher when there was a program that would benefit my son, he just wanted to make sure my son didn't miss out. I love that my son goes there, and my other child will as well. Staff, students and parents work together to make the school a benefit for all students.Parent Review12y ago 
Check out schools near 938 Walnut St.
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
Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Melissa J McConaughey, Russell Real Estate Services
Agent Phone: (325) 754-4038 x71313
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.
938 Walnut St, Elyria, OH 44035 is a 2 bedroom, 2 bathroom, 1,032 sqft single-family home built in 1900. This property is currently available for sale and was listed by MLS Now on Apr 22, 2026. The MLS # for this home is MLS# 5203441.