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$292,000

  • Sold
  • Closed
  • Duplex
  • 1,530 Sq. Ft.
See This Home
Save This Home
See This Home
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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.

Full Property Details for 315 W Walnut St

General

  • Sold For: $292,000
  • Taxes: $4,919 (2025)
  • Status: Closed
  • Type: Duplex
  • Source: BrightMLSPhilly
  • MLS ID: PALA2077312
  • Added to Site: 102 day(s) ago

Interior

  • Interior Features: Bathroom - Stall Shower, Floor Plan - Traditional, Wood Floors
  • Appliances: Refrigerator, Oven/Range - Electric, Oven/Range - Gas
  • Flooring: Hardwood, Ceramic Tile

Exterior

  • Exterior Features: Sidewalks

Parking

  • Parking Type: On Street

Location

  • Area: Lancaster City (10533)
  • Municipality: LANCASTER CITY
  • County: Lancaster
  • Development Name: Chestnut Hill
  • Subdivision: Chestnut Hill
  • Cross Streets: N Mulberry Street
  • Driving Directions: Heading South on North Prince St. Turn Right onto W Walnut Street. Property is on the right.
  • Location Details: Downtown

School Information

  • School District: School District Of Lancaster

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Info: Colonial
  • Architectural Style: Colonial
  • Structure Type: Twin/Semi-Detached
  • Construction: Brick, Masonry
  • Basement: Yes
  • Basement Entrance: Yes
  • Basement Desc.: Outside Entrance, Poured Concrete
  • Foundation: Block
  • Roof: Composite, Shingle
  • Windows: Double Pane, Energy Efficient, Insulated
  • Stories/Levels: 0
  • Square Feet: 1,530
  • Sq. Ft. Source: Assessor
  • Living Area: 1,530 Sq. Ft.
  • Finished Above Grnd: 1,530 Sq. Ft.
  • Year Built: 1900
  • Year Built Source: Assessor
  • Property Condition: Very Good

Unit Information

  • Other Units: Unit 1, Unit 2
  • 1 Bedroom Units: 1
  • 2 Bedroom Units: 1

Unit 1

  • Unit Description: Unit 1
  • Bedrooms: 1

Unit 2

  • Unit Description: Unit 2
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.04
  • Lot Size (Sq. Ft.): 1,742
  • Lot Size Source: Assessor
  • Lot Dimensions: 0.00 x 0.00
  • Zoning: RESIDENTIAL

Financial Considerations

  • Price Per Sq. Ft.: $212.42
  • Assessment Year: 2025
  • School Tax: $3,054
  • City/TownTax: $1,515
  • City/TownTax Freq: Annually
  • County Tax: $349
  • County Tax Freq: Annually
  • Tax w/Assessment: $119,900
  • Tax Amount: $4,919
  • Tax Year: 2025
  • Terms: Standard Sale
  • Owner Pays: Insurance, Water
  • Landlord Pays: Insurance, Water
  • Tax Total Finished Sq. Ft.: 1530

Disclosures and Reports

  • Ownership: Fee Simple
  • Exclusions: First floor washer & dryer.
  • Inclusions: All kitchen appliances.

Listed by Howard Hanna Real Estate Services - Lancaster, Ashley Bleacher and Howard Hanna Real Estate Services - Lancaster, Heather Scheid
Sold by Howard Hanna Real Estate Services - Lancaster, Chasity Ann Ziegler

Listing agents

— 315 W Walnut St —

  • Ashley Bleacher

    Howard Hanna Real Estate Services - Lancaster

  • Heather Scheid

    Howard Hanna Real Estate Services - Lancaster

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 315 W Walnut St

School District:Lancaster School District
NameGradesDistance
Thomas Wharton El School
705 North Mary Street, Lancaster, PA 17603
K-50.5 mi
Reynolds Middle School
605 West Walnut Street, Lancaster, PA 17603
6-80.4 mi
Mccaskey Campus
445 North Reservoir Street, Lancaster, PA 17602
9-121.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 315 W Walnut St

Date
Details
Price
Change
Source
11/05/2025
Sold
$292,000
-10.15%
MLS
10/06/2025
Listed
$325,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Howard Hanna Real Estate Services - Lancaster, Ashley Bleacher and Howard Hanna Real Estate Services - Lancaster, Heather Scheid
Sold by Howard Hanna Real Estate Services - Lancaster, Chasity Ann Ziegler

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315 W Walnut Street, Lancaster, PA 17603 (MLS# PALA2077312) is a Duplex property that was sold at $292,000 on November 05, 2025. Want to learn more about 315 W Walnut Street? Do you have questions about finding other Duplex real estate for sale in Lancaster? You can browse all Lancaster real estate or contact a Coldwell Banker agent to request more information.