$325,900

Estimated payment $2,195/month

Total Views 9,925
-- Bed
-- Bath
2,022 Sq Ft
$161 Price per Sq Ft

Highlights

  • Doors with lever handles
  • Radiator
  • 4-minute walk to Musser Park

About This Home

356 East Chestnut Street – Fully Rented Duplex Offering Immediate Cash Flow!!
Great investment opportunity with this income-producing duplex.
Unit 1: 3 bedrooms, 1 bathroom, currently rented at $1,450/month
Unit 2: 1 bedroom, 1 bathroom, currently rented at $750/month
Total monthly rental income: $2,200.
Both units are tenant-occupied with steady rental history. The property is located near schools, transportation, and local amenities. Perfect for investors seeking strong returns.

NOTE: The property will be sold in AS-IS condition. The buyer is responsible for U&O.

Listing Agent

Kirk Waechter

Prosperity Real Estate & Investment Services License #RM423448 Listed on: 07/03/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,512

Year Built

  • Built in 1893

Parking

  • On-Street Parking

Home Design

  • 2,022 Sq Ft Home
  • Duplex
  • Converted Dwelling
  • Brick Exterior Construction
  • Asphalt Roof
  • Masonry

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Utilities

  • Window Unit Cooling System
  • Radiator
  • 200+ Amp Service
  • Electric Water Heater

Additional Features

  • Washer and Dryer Hookup
  • Doors with lever handles
  • 2,178 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 332-04103-0-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,512

Year Built

Built in 1893

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Converted Dwelling
  • Accessibility Features: Doors - Lever Handle(s)
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1893
  • Remarks Public: 356 East Chestnut Street – Fully Rented Duplex Offering Immediate Cash Flow!! Great investment opportunity with this income-producing duplex. Unit 1: 3 bedrooms, 1 bathroom, currently rented at $1,450/month Unit 2: 1 bedroom, 1 bathroom, currently rented at $750/month Total monthly rental income: $2,200. Both units are tenant-occupied with steady rental history. The property is located near schools, transportation, and local amenities. Perfect for investors seeking strong returns. NOTE: The property will be sold in AS-IS condition. The buyer is responsible for U&O.
  • Special Features: None

Interior Features

  • Appliances: Washer/Dryer Hookups Only
  • Fireplace: No
  • Foundation Details: Crawl Space
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2022
  • Living Area Sq Ft: 2022
  • Price Per Sq Ft: 161.18
  • Above Grade Finished Sq Ft: 2022
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 356

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Masonry
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: SCHOOL DISTRICT OF LANCASTER
  • School District Key: 300200397286
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 114
  • Lot Size Acres: 0.05
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2178.00
  • Year Assessed: 2025
  • Zoning: RES-2 FAMILY

Rental Info

  • Number Of Units Month To Month: 2
  • Total Actual Rent: 2200.00
  • Vacation Rental: No

Tax Info

  • School Tax: 3345.00
  • Tax Annual Amount: 5512.00
  • Assessor Parcel Number: 332-04103-0-0000
  • Tax Total Finished Sq Ft: 2022
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6

MLS Schools

  • School District Name: SCHOOL DISTRICT OF LANCASTER

Map

Range of Values:

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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
2025 $5,512 $139,300 $36,400 $102,900
2024 $5,512 $139,300 $36,400 $102,900
2023 $5,419 $139,300 $36,400 $102,900
2022 $5,194 $139,300 $36,400 $102,900
2021 $5,082 $139,300 $36,400 $102,900
2020 $5,082 $139,300 $36,400 $102,900
2019 $5,006 $139,300 $36,400 $102,900
2018 $5,832 $139,300 $36,400 $102,900
2017 $4,001 $87,100 $30,000 $57,100
2016 $3,964 $87,100 $30,000 $57,100
2015 $1,546 $87,100 $30,000 $57,100
2014 $3,460 $87,100 $30,000 $57,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2025 08/08/25 Price Changed $325,900 -5.8% $161 / Sq Ft
07/18/2025 07/18/25 Price Changed $345,900 -1.1% $171 / Sq Ft
07/03/2025 07/03/25 For Sale $349,900 +96.6% $173 / Sq Ft
11/28/2016 11/28/16 Sold $178,000 +3.2% $88 / Sq Ft
10/07/2016 10/07/16 Pending -- -- --
10/04/2016 10/04/16 For Sale $172,500 -- $85 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $178,000 None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $142,400 New Conventional
Previous Owner $128,853 FHA
Previous Owner $135,826 FHA
Source: Public Records

Source: Bright MLS

MLS Number: PALA2072406

Bright MLS

APN: 332-04103-0-0000