$295,000
PENDING

Estimated payment $1,649/month

Total Views 5,476
-- Bed
-- Bath
2,694 Sq Ft
$110 Price per Sq Ft

Highlights

  • 0.07 Acre Lot
  • Hot Water Heating System
  • 4-minute walk to City Park
  • More Than Two Accessible Exits

About This Home

Fully Rented 4-Unit Investment Property – Reading, PA This solid 4-unit property in Reading is a great opportunity for investors looking for steady cash flow from day one. The building features two spacious 2-bedroom apartments and two 1-bedroom units, all currently tenant-occupied with consistent rental income. The landlord covers heat, water, and trash, keeping utilities simple for tenants and making this property easy to manage. While the building is in overall good condition, it could benefit from some cosmetic updates—a perfect chance to increase equity and boost rents over time. Located in a convenient area close to shopping, schools, and public transportation, this property continues to attract long-term tenants.

Listing Agent

Edwin Estrella

(484) 450-8771 homes@edwinestrella.realtor Iron Valley Real Estate of Berks License #rs346785 Listed on: 11/03/2025

Iron Valley Real Estate of Berks

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,181

Year Built

  • Built in 1900

Parking

  • On-Street Parking

Home Design

  • 2,694 Sq Ft Home
  • Quadruplex
  • Brick Exterior Construction
  • Brick Foundation

Utilities

  • Hot Water Heating System
  • Electric Water Heater

Additional Features

  • More Than Two Accessible Exits
  • 3,049 Sq Ft Lot

Community Details

  • 4 Units

Listing and Financial Details

  • Tax Lot 4959
  • Assessor Parcel Number 08-5317-77-00-4959

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,181

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Interior Row/Townhouse
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 11/3/2025 12:00:00 AM
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Total Sq Ft: 2694
  • Living Area Sq Ft: 2694
  • Price Per Sq Ft: 109.50
  • Above Grade Finished Sq Ft: 2694
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • 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
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3049.00
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 470.00
  • Tax Annual Amount: 1181.00
  • Assessor Parcel Number: 08-5317-77-00-4959
  • Tax Lot: 4959
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

MLS Schools

  • School District Name: READING

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/21/2025 11/21/25 Pending -- -- --
11/11/2025 11/11/25 Price Changed $295,000 -9.2% $110 / Sq Ft
11/03/2025 11/03/25 For Sale $325,000 +103.1% $121 / Sq Ft
03/08/2021 03/08/21 Sold $160,000 -5.9% $59 / Sq Ft View Prior Sale
01/08/2021 01/08/21 Pending -- -- --
12/28/2020 12/28/20 Price Changed $170,000 0.0% $63 / Sq Ft
12/28/2020 12/28/20 For Sale $170,000 +38.3% $63 / Sq Ft
09/17/2020 09/17/20 Pending -- -- --
09/10/2020 09/10/20 For Sale $122,900 +55.6% $46 / Sq Ft
03/16/2017 03/16/17 Sold $79,000 0.0% $29 / Sq Ft View Prior Sale
01/27/2017 01/27/17 Off Market $79,000 -- --
11/27/2016 11/27/16 For Sale $89,500 +11.9% $33 / Sq Ft
11/26/2014 11/26/14 Sold $80,000 -9.0% $30 / Sq Ft View Prior Sale
11/12/2014 11/12/14 Pending -- -- --
10/13/2014 10/13/14 For Sale $87,915 -- $33 / Sq Ft
Source: Bright MLS

Source: Bright MLS

MLS Number: PABK2064974

Bright MLS

APN: 5317-77-00-4959