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Home for Sale at 938 Walnut Street in Elyria, OH for $85,000

Listing data last changed 04/27/2026 - 3:10pm
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938 Walnut Street | Elyria

$85,000 | 2 Beds | 2 Baths (1 Full, 1 Half) | 1,032 Sq. Ft.

ATTENTION INVESTORS: Prime Long-Term Buy \u0026 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 \u0022investor special.\u0022 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.\r\nThe Stats That Matter:\r\nRoof: Replaced in 2016 Years of life remaining!\r\nHVAC: New furnace and A/C installed in 2018 High-ticket items are already checked off.\r\nIdeal for a long-term buy and hold\r\nElyria 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. MLSNow 5203441 Directions to property: Off Lake Ave

MLS Listing ID: 
MLSNow 5203441
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$85,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Residential
Property Sub Type: 
Single Family Residence
Primary Market Area: 
Elyria
Address: 
938 Walnut Street, Elyria, OH 44035
County: 
Lorain
Latitude: 
41.3814490
Longitude: 
-82.1272560
Directions: 
Off Lake Ave
Public Remarks: 
ATTENTION INVESTORS: Prime Long-Term Buy \u0026 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 \u0022investor special.\u0022 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.\r\nThe Stats That Matter:\r\nRoof: Replaced in 2016 Years of life remaining!\r\nHVAC: New furnace and A/C installed in 2018 High-ticket items are already checked off.\r\nIdeal for a long-term buy and hold\r\nElyria 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.
Community Information
School District: 
Elyria CSD - 4706
Subdivision: 
William Bramans Add
Building Details
Details about the building on a property.
Architectural Style: 
Bungalow
Stories: 
2
Year Built: 
1900
Living Area: 
1,032
Basement: 
Full,Unfinished
Construction
Construction Materials: 
Vinyl Siding
Roof: 
Asphalt,Fiberglass
Room Details
Details about the rooms in the building.
Total Rooms: 
6
Total Bedrooms: 
2
Total Bathrooms: 
2
Total Full-Bathrooms: 
1
Total Half-Bathrooms: 
1
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Forced Air,Gas
Cooling System: 
Central Air
Water Source: 
Public
Sewer: 
Private Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.19
Lot Size (Area): 
0.19
Lot Features
Parking Type: 
Garage
Public Record
Parcel Number: 
06-24-026-121-004
Annual Tax: 
$731.00
Contract Details
Details about the listing contract.
Possession: 
Negotiable
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
Russell Real Estate Services

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