Brick Duplex with Full
For Sale
$435,000
417 E Chestnut Street #415 and 417, Lancaster, OH 43130
The two-story property includes central air, gas heat, and public water and sewer.
Property Size3,933 SF
Price / SF$110.60
Days on Market21
Property Features for 417 E Chestnut Street #415 and 417
General Information
Standard status
Active
Size
3,933 SF
Property subtype
Multi Family Home
Additional Details
Utilities to Site
Yes
Building Details
Year Built
1900
Buildings
1
Stories
2
Units
2
Construction
brick
Listing Agency:
Buckeye Realty Group
(740) 852-6446
Listed By:
Lisa Jackman · License #2005001022
(614) 619-9295
Source:
Buckeyerealtygroup
Added: Oct 5
Changed: Oct 22
Last Checked: Oct 22 at 2:39PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Buckeye Realty Group
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This two-story brick duplex contains approximately 3,933 square feet, with 5 bedrooms and 3 full bathrooms. A full basement adds to the building’s configuration. The property was built in 1900 and has central air and gas heat, with public water and sewer service.
Key Highlights
- Approximately 3,933 square feet across two stories
- 5 bedrooms and 3 full bathrooms
- Full basement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,356
Cap Rate
8.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$767,120
$767.1K
Cap Rate 7%
$547,943
$547.9K
Cap Rate 9%
$426,178
$426.2K
Market Conditions
NOI Build-Up for 3,933 SF
Gross rent
$59.0K $15.00/SF
− Vacancy
−$4.2K −$1.07/SF
EGI
$54.8K $13.93/SF
− OpEx
−$16.4K −$4.18/SF
NOI
$38.4K $9.75/SF
Area
Fairfield County, OH
Vacancy
7.12%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$767,120
Cap Rate 7%
$547,943
Cap Rate 9%
$426,178
Alternative Uses
Best Use
Multifamily LT 5
$547.9K
$479.5K – $639.3K
NOI $38,356 @ 7.0% cap · market cap 8.82%
Second Best
Apartment 5plus
$497.4K
$435.2K – $580.3K
NOI $34,816 @ 7.0% cap · market cap 8.00%
Theoretical Best
Warehouse
$792.7K
$693.6K – $924.8K
NOI $55,489 @ 7.0% cap · market cap 12.76%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
173
Businesses Nearby
Explore this area
Business Placement
Demographics for 43130, OH
62,010
Population
26,434
Households
2.3
Avg Household Size
41
Median Age
23%
College-Educated
92%
High-School Grad
164.5 sq mi
ZIP Area
377
Density / Sq Mi
$68,242
Median Household Income
$43,936
Median Earnings
$1,031
Median Rent
$215,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - The two-story property includes central air, gas heat, and public water and sewer.
Where is this duplex located?
The property is located at 417 E Chestnut Street #415 and 417 Lancaster, OH.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: Approximately 3,933 square feet across two stories; 5 bedrooms and 3 full bathrooms; Full basement
