$169,900

508 Wood St Elyria, OH 44035

Estimated payment $1,100/month

6 Beds
2 Baths
2,440 Sq Ft
$70 Price per Sq Ft

Highlights

  • 2 Car Attached Garage
  • Ceiling Fan
  • Baseboard Heating
  • Midview West Elementary School Rated 9+

About This Home

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.

Listing Agent

Traci Taylor

EXP Realty, LLC. Brokerage Email: tracitaylorrealtor@gmail.com, 216-280-0934 License #2020001279 Listed on: 03/28/2026

EXP Realty, LLC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,314

Year Built

  • Built in 1978

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Fiberglass Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,440 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Laundry in unit

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • 10,890 Sq Ft Lot
  • Baseboard Heating

Community Details

  • Colonial Oaks Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 10-00-004-113-043

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,314

Year Built

Built in 1978

Lot Details

0.25 Acres

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Duplex
  • Year Built: 1978
  • Attribution Contact: tracitaylorrealtor@gmail.com, 216-280-0934
  • Subdivision Name: Colonial Oaks Sub
  • Above Grade Finished Sq Ft: 2440.0
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Tax Year: 2024
  • Property Sub Type Additional: Duplex
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Basement: No
  • Appliances: Dishwasher, Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass, Shingle
  • Acres: 0.25
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Vinyl Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Driveway, Garage

Utilities

  • LaundryFeatures: In Unit
  • Cooling: Ceiling Fan(s)
  • Heating: Baseboard, Electric
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Midview LSD - 4710

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 10-00-004-113-043

Tax Info

  • Tax Annual Amount: 2314.0

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,314 $52,560 $9,412 $43,148
2023 $1,983 $41,825 $7,410 $34,416
2022 $1,978 $41,825 $7,410 $34,416
2021 $1,984 $41,825 $7,410 $34,416
2020 $1,935 $37,950 $6,720 $31,230
2019 $1,928 $37,950 $6,720 $31,230
2018 $1,951 $37,950 $6,720 $31,230
2017 $1,031 $18,530 $3,750 $14,780
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2026 03/28/26 For Sale $169,900 -- $70 / Sq Ft
Source: MLS Now

Source: MLS Now

MLS Number: 5196871

MLS Now

APN: 10-00-004-113-043

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