Welcome to 315 W Walnut Street, a well-kept two-unit investment property in the desirable Chestnut Hill neighborhood. This property offers strong rental history with the same long-term tenants since 2018, making it a turnkey opportunity for investors. The first-floor unit features a living room that flows into the eat-in kitchen, which can be closed off with a set of French doors for added privacy. Off the back of the kitchen lies the primary bedroom with an ensuite bath. This unit also includes all-electric utilities as well as washer and dryer hookups. Apartment two spans the second floor and offers a living room, eat-in kitchen, one bedroom with a full bath, and a second private bedroom upstairs. This unit has gas heat, gas stove and electric hot water, Both units have newer hot water heaters and separate utilities, keeping operating costs low. The property showcases great curb appeal, a peaceful rear yard, and two entrances for each unit. Water and insurance are paid by the owner, while tenants cover electric, heat, and trash. Whether you’re expanding your portfolio or looking for your first investment, this property delivers consistent income and minimal upkeep in a prime Lancaster location.
Sold for $292,000 on 11/05/25
$292,000
315 W Walnut St, Lancaster, PA 17603
3beds
2baths
1,530sqft
Duplex
Built in 1900
-- sqft lot
$293,200 Zestimate®
$191/sqft
$1,440 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: November 05, 2025 at 04:02pm
Listed by:
Ashley Bleacher 717-314-4985,
Howard Hanna Real Estate Services - Lancaster,
Co-Listing Agent: Heather Scheid 717-475-0345,
Howard Hanna Real Estate Services - Lancaster
Bought with:
Chasity Ziegler, RS311804
Howard Hanna Real Estate Services - Lancaster
Source: Bright MLS,MLS#: PALA2077312
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Basement
- Area: 0
Heating
- Forced Air, Natural Gas
Cooling
- None
Appliances
- Included: Refrigerator, Oven/Range - Electric, Oven/Range - Gas, Electric Water Heater
Features
- Bathroom - Stall Shower, Floor Plan - Traditional
- Flooring: Hardwood, Ceramic Tile, Wood
- Windows: Double Pane Windows, Energy Efficient, Insulated Windows
- Basement: Exterior Entry,Concrete
- Has fireplace: No
Interior area
- Total structure area: 1,530
- Total interior livable area: 1,530 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: 2+ Access Exits
Features
- Exterior features: Sidewalks
- Pool features: None
Lot
- Size: 1,742 sqft
- Features: Downtown
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 3391227100000
- Zoning: RESIDENTIAL
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Duplex
Materials
- Brick, Masonry
- Foundation: Block
- Roof: Composition,Shingle
Condition
- Very Good
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Lancaster
- Subdivision: Chestnut Hill
- Municipality: LANCASTER CITY
HOA & financial
Other financial information
- Total actual rent: 21720
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
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$293,200
2% more+$5,864
With Zillow Showcase(estimated)$299,064