342 E Chestnut Street, Lancaster, OH 43130

New Listing
$239,900
Property Type: Multi-Family Lot Size (sq. ft.): 6,534 Status: Active
Current Price: $239,900 List Date: 2/18/2026 Last Modified: 2/19/2026

Description

Live in one unit and let the other pay your mortgage! This fantastic multi-unit opportunity has flexibility and character! This property offers the potential to convert into a spacious 4-bedroom single family home or continue as an income producing investment. Sitting in a high demand location awaits immediate rental income. Upstairs unit has private entrance with two-bedrooms and one-bathroom. Large attic perfect for storage. Private balcony where you can relax and unwind. Downstairs is a stunning one -bedroom and one bathroom. Gorgeous original sliding doors and partial basement. Washer and dryer hookups are offered on both levels. Separate electric meters and convenient off -street parking. Whether you are looking to expand your investment portfolio or create a larger single-family home in a prime location, this property offers versatility and strong potential! Professional pics coming soon!

Supplements: ********

More Information MLS# 226004542

Location & Property Info

List Price/SqFt: 104.21 City (Mailing Addr): Lancaster Corp LimitPerAuditor: Lancaster

Office/Contract Info

Active on MLS: 2026-02-18 For Sale: No Mortgage Balance: 0 Exchange: No

General Property Info

# of Buildings: 1 Built Prior to 1978: Yes Total Parking: 4 Carport Spaces: 0 Building Sqft: 2302 Lot Size (Side): 170 Number of Units: 2 Year Built: 1904 Acreage: 0.15

Tax Info

Tax Abatement: No Taxes (Yrly): 2415 Tax Incentive: No Parcel #: 05-35082-400 Tax Year: 2025

Remarks & Misc

Property Description: Live in one unit and let the other pay your mortgage! This fantastic multi-unit opportunity has flexibility and character! This property offers the potential to convert into a spacious 4-bedroom single family home or continue as an income producing investment. Sitting in a high demand location awaits immediate rental income. Upstairs unit has private entrance with two-bedrooms and one-bathroom. Large attic perfect for storage. Private balcony where you can relax and unwind. Downstairs is a stunning one -bedroom and one bathroom. Gorgeous original sliding doors and partial basement. Washer and dryer hookups are offered on both levels. Separate electric meters and convenient off -street parking. Whether you are looking to expand your investment portfolio or create a larger single-family home in a prime location, this property offers versatility and strong potential! Professional pics coming soon!

Addl Acceptance Cond

None Known: 1

Construction

Brick: 1

Parking Features

2 Off Street: 1 No Garage: 1

Water Source

Public: 1

Sewer

Public Sewer: 1

Services Available

None: 1

Miscellaneous

Basement: 1 W/D Hookups: 1

Tenant Pays

Electricity: 1

Alternate Uses

Residential: 1

Auction Info

Auction/Online Bidding Y/N: No

Heating

Radiant: 1

New Financing

Conventional: 1

Air Conditioning

None: 1

Owner Pays

Gas: 1 Sewer: 1 Trash: 1 Water: 1

MLS Primary PhotoSrc

Realtor Provided: 1

Location Property Info

Original List Price: 239.9 List Price: $239,900 Property Sub Type: Duplex Street #: 342 Street PreDirection: E Street Name: Chestnut Street Suffix: Street County: Fairfield State: OH Zip Code: 43130 School District: LANCASTER CSD 2305 FAI CO. Township: None

OfficeContract Info

Status: Active MLS Entry Date: 2026-02-18

Property Features

Addl Acceptance Cond: None Known Parking Features: 2 Off Street; No Garage Owner Pays: Gas; Sewer; Trash; Water Tenant Pays: Electricity Heating: Radiant Air Conditioning: None Construction: Brick Water Source: Public Sewer: Public Sewer Services Available: None Miscellaneous: Basement; W/D Hookups Alternate Uses: Residential New Financing: Conventional MLS Primary PhotoSrc: Realtor Provided
Listing Office: Red 1 Realty
Listing Agent: Heather Mae Warner
Last Updated: February - 19 - 2026
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