237 Wooster Street, Elyria, OH 44035
W G Sharp Trustee Add · Lorain County
Key Facts
Description
Turnkey investment opportunity at 237 Wooster St in Elyria! This income-producing property is tenant-occupied with a Section 8 tenant paying $1,350/month (month-to-month), offering immediate and reliable cash flow. The home has seen several recent updates, including new flooring and a renovated bathroom in 2024, along with a new hot water tank and upgraded plumbing converted to PEX in December 2025. Tenant pays all utilities, minimizing owner expenses and maximizing returns. Whether you’re looking to expand your portfolio or secure a low-maintenance rental, this property delivers strong income with key capital improvements already completed.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Colonial
Year Built
1900
Lot Size
0.09 acres
Days on Market
71
MLS® Listing#
5200859
Property Features
Cooling
Heating
Basement
Parking
Construction
Roof
Sewer
Water Source
Rooms
- Basement29 x 22Basement
- Bedroom15 x 12Second
- Bedroom12 x 10Second
- Bedroom10 x 10Second
- Dining Room10 x 12First
- Living Room22 x 14First
Financial Details
HOA
None
Annual Taxes
$1,195
Tax year 2025
Parcel Number
06-26-011-101-025
Directions
Just off Cleveland St (SR 57), near Wooster Dr, minutes south of I-90 in Elyria.
Affordability Calculator
$19,800
Estimated monthly payment
$527/mo
Principal $79,200 · Est. interest $110,491 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Elyria, OH
- 49
- Median Days on Market
- 1,527
- Median Sq Ft
- $121
- Median Price / Sq Ft
- 110
- Active Listings
Market statistics compiled from active EXIT Realty® and MLS listings in Elyria, OH.
Location
Points of Interest in Elyria, OH
Showing the Elyria area map.
Nearby Schools
Hamilton Elementary School
Elementary · 0.2 mi away
Franklin Elementary School
Secondary · 0.3 mi away
Elyria High School
Secondary · 0.5 mi away
St Mary School Elyria
School · 0.6 mi away
Ely Stadium
School · 0.6 mi away
Roosevelt Elementary School
Elementary · 0.9 mi away
Eastern Heights Middle School
Elementary · 0.9 mi away
Elyria City School District
Secondary · 1.0 mi away
Kid's Center
Elementary · 1.4 mi away
Elyria Community Middle School
School · 1.5 mi away
Ely Elementary School
Elementary · 1.5 mi away
Elyria Christian Academy
School · 1.6 mi away
Murray Ridge School
School · 1.7 mi away
Horizon Education Centers
School · 1.8 mi away
Northwood Middle School
Elementary · 1.9 mi away
Elyria Catholic High School
Secondary · 1.9 mi away
St. Jude School
Secondary · 2.1 mi away
Elyria City School District
Elementary · 2.2 mi away
Elyria Community Elementary School
Elementary · 2.3 mi away
First Baptist Christian School
School · 2.4 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 144 Virginia Avenue, Elyria, OH | $74,000 | 3 | 2 | 1,280 |
| 362 Pin Oak Circle, Elyria, OH | $74,000 | 3 | 2 | — |
| 240 Cherry Bottom Glen, Elyria, OH | $74,900 | 3 | 2 | 924 |
| 132 Irondale Street, Elyria, OH | $79,900 | 3 | 2 | 2,631 |
| 1716 Middle Avenue, Elyria, OH | $85,000 | 2 | 1 | 2,056 |
| 433 3rd Street, Elyria, OH | $89,900 | 3 | 1 | — |
Moving Cost Estimate
EXIT Agents in Elyria
Listing Courtesy: Russell Real Estate Services - tal@premierclevelandinvesting.com, 216-870-8687
Last Updated: 2026-04-13