# 938 Walnut Street, Elyria, OH 44035

> **TL;DR:** 3bd/2ba single family, $85,000 ($82/sqft), built 1900, 1,032 sqft.
> A/C. Est. $368/mo. Listed 2 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $85,000 |
| Price/sqft | $82 |
| Bedrooms | 3 |
| Bathrooms | 1 full, 1 half |
| Square Feet | 1,032 |
| Year Built | 1900 |
| Lot Size | 8,276 sqft (0.19 acres) |
| Stories | 2 |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 2 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $368 |
| **Total** | **$368** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1900
- 0.19 acre lot
- 2 stories

## Description

### Agent 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.

## Location

- **Address:** 938 Walnut Street, Elyria, OH 44035
- **County:** Lorain
- **Neighborhood:** William Bramans Add
- **Coordinates:** 41.381449, -82.127256
- **Google Maps:** https://www.google.com/maps?q=41.381449,-82.127256

## Listing Agent

- **Name:** Melissa J McConaughey
- **Brokerage:** Russell Real Estate Services
- **Phone:** 4403871313
- **Email:** lisa32575@gmail.com

## Primary Photo

![938 Walnut Street - Primary Photo](http://lh.rdcpix.com/de1e84bab4be8429835e430a0a44d014l-f2268901157r.jpg)

*7 total photos available on [listing page](https://www.propertysimple.com/listing/938-walnut-street-elyria-oh-44035-5203441)*

---

**MLS#:** 5203441 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/938-walnut-street-elyria-oh-44035-5203441)

---

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