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$699,500 Just Listed

  • For Sale
  • Active
  • Townhouse
  • 2,722 Sq. Ft.
  • Updated 1 day ago
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Exceptional 5-unit investment opportunity in Lancaster City's highly desirable Chestnut Hill neighborhood. Ideally situated just minutes from downtown Lancaster's restaurants, shopping, Central Market, and entertainment, this well-maintained property offers immediate income potential with room for future growth.

Full Property Details for 508 W Chestnut St

General

  • Price: $699,500
  • Taxes: $9,817 (2025)
  • Status: Active
  • Type: Townhouse
  • Source: BrightMLSPhilly
  • MLS ID: PALA2091552
  • Updated: 7/20/2026
  • Added to Site: 1 day(s) ago

Parking

  • Parking Type: On Street

Location

  • Area: Lancaster City (10533)
  • Municipality: LANCASTER CITY
  • County: LANCASTER
  • Driving Directions: From US-30: Take the Harrisburg Pike exit toward Lancaster. Continue onto Harrisburg Pike, then turn right onto N Mulberry St. Turn left onto W Chestnut St. Property will be on the left.

School Information

  • School District: School District Of Lancaster

Heating & Cooling

  • Cooling Type: Other
  • Cooling Fuel: Electric
  • Heating Type: Radiator
  • Heating Fuel: Natural Gas
  • Water Heater: 60+ Gallon Tank

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Other
  • Structure Type: Interior Row/Townhouse
  • Construction: Brick, Masonry
  • Foundation: Permanent
  • Roof: Rubber
  • Square Feet: 2,722
  • Sq. Ft. Source: Assessor
  • Living Area: 2,722 Sq. Ft.
  • Finished Above Grnd: 2,722 Sq. Ft.
  • Year Built: 1900
  • Year Built Source: Assessor

Lot Features

  • Lot Size (Acres): 0.05
  • Lot Size (Sq. Ft.): 2,178
  • Lot Size Source: Assessor
  • Zoning: 117

Financial Considerations

  • Price Per Sq. Ft.: $256.98
  • Assessment Year: 2026
  • School Tax: $6,053
  • City/TownTax: $3,003
  • City/TownTax Freq: Annually
  • County Tax: $761
  • County Tax Freq: Annually
  • Tax w/Assessment: $237,600
  • Tax Amount: $9,817
  • Tax Year: 2025
  • Tax Total Finished Sq. Ft.: 2722

Disclosures and Reports

  • Ownership: Fee Simple

Listed by Astoria Realty Advisors LLC, David K Petersheim

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Listing agent

— 508 W Chestnut St —

  • David K Petersheim

    Astoria Realty Advisors LLC

Listing Office Email: chris@thechrisgoodteam.com

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 508 W Chestnut St

School District:Lancaster School District
NameGradesDistance
Fulton El School, Lancaster, PA
225 West Orange Street, Lancaster, PA 17603
PK-50.3 mi
Reynolds Middle School
605 West Walnut Street, Lancaster, PA 17603
6-80.2 mi
Mccaskey Campus
445 North Reservoir Street, Lancaster, PA 17602
9-121.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 508 W Chestnut St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/20/2026
Listed
$699,500
12.82%
MLS
1/07/2025
Sold
$620,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 508 W Chestnut St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,502
1%
$237,600
—
2024
$9,402
6%
$237,600
—
2023
$8,859
—
$237,600
—
2022
$8,859
1%
$237,600
—
2021
$8,766
1%
$237,600
—
2020
$8,669
2%
$237,600
—
2019
$8,539
-14%
$237,600
—
2018
$9,948
75%
$237,600
92%
2017
$5,677
2%
$123,600
—
2016
$5,558
1%
$123,600
—
2015
$5,492
4%
$123,600
—
2014
$5,277
—
$123,600
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 508 W Chestnut St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Astoria Realty Advisors LLC, David K Petersheim

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508 W Chestnut Street, Lancaster, PA 17603 (MLS# PALA2091552) is a Townhouse property with 0 bedrooms and 0 full bathrooms. 508 W Chestnut Street is currently listed for $699,500 and was received on July 20, 2026. Want to learn more about 508 W Chestnut Street? Do you have questions about finding other Townhouse real estate for sale in Lancaster? You can browse all Lancaster real estate or contact a Coldwell Banker agent to request more information.

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