Todd Sell
Pagoda Realty ERA Powered
(484) 772-2844
149 Total Sales
1 in Southeast Reading
$75,000 Price
148 S 9th St Reading, PA 19602
Southeast Reading Neighborhood
Studio
--
Baths
2,668
Sq Ft
1,307
Sq Ft Lot
About This Home
As of March 2026Four unit apartment building located at the end of the row offering additional light, and strong rental appeal. This oversized property features more than 2600 square feet of living space, making it a powerful income producing asset for any portfolio.
Investors seeking immediate cash flow will appreciate the solid rent roll and low expense structure. Tenants pay their own electric, heat, cooking gas, and hot water. Owner expenses are limited to water, sewer, trash, insurance, and taxes, maximizing net income.
For the savvy house hacker, the current owner has intentionally left one unit vacant, creating the perfect opportunity to move in and take advantage of FHA owner occupant financing while the remaining units help cover your mortgage.
Current rent roll:
Two bedroom unit 1300 per month
One bedroom unit 1100 per month
One bedroom unit 1100 per month
Studio unit 950 per month
Strong income, minimal owner expenses, and built in upside make this a standout opportunity for both investors and owner occupants. Properties with this size, layout, and income potential do not come along often. Higher than average CAP rate 11%.
Last Agent to Sell the Property
(484) 450-8771 admin@ironvalleyrealestateofberks.com Iron Valley Real Estate of Berks Brokerage Phone: 4844508771 Listed on: 02/19/2026
Last Buyer's Agent
(610) 373-9900 aortizrealestate@gmail.com Coldwell Banker Realty License #RS307633
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,845
Year Built
- Built in 1900
Lot Details
- 1,307 Sq Ft Lot
Home Design
- Quadruplex
- Traditional Architecture
- Brick Exterior Construction
- Stone Foundation
Interior Spaces
- 2,668 Sq Ft Home
- Basement Fills Entire Space Under The House
Schools
- Amanda E. Stout Elementary School
- Southern Middle School
Utilities
- Hot Water Heating System
- Natural Gas Water Heater
Listing and Financial Details
- The owner pays for water, trash collection, real estate taxes, sewer, insurance
- Tax Lot 9150
- Assessor Parcel Number 03-5306-28-99-9150
Community Details
Overview
- 4 Units
Building Details
- 1 Vacant Unit
- Income includes apartment rentals
- Insurance Expense $1,300
- Other Expense $300
- Operating Expense $7,000
- Net Operating Income $46,400
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 19, 2026
Closed on
Mar 11, 2026
Sold by
M3-5 Llc
Bought by
Seller's Agent
John Gantkowski
Iron Valley Real Estate of Berks
Buyer's Agent
AnnaMarie Ortiz
Coldwell Banker Realty
List Price
$399,000
Sold Price
$390,000
Premium/Discount to List
-$9,000
-2.26%
Views
32
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Outstanding Balance
$291,639
Interest Rate
6.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 18, 2023
Sold by
Inhouse Realty Llc
Bought by
M3-5 Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.81%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 13, 2022
Sold by
T E H Realty 66 Llc
Bought by
Inhouse Realty Llc
Purchase Details
Listed on
Mar 11, 2013
Closed on
May 11, 2013
Sold by
Hilltop Echoes Llc
Bought by
T E H Realty 66 Llc
Seller's Agent
Tami Davies-Coleman
Penn Realty Professionals LLC
Buyer's Agent
LORI SNYDER
Home Town Realty
List Price
$55,000
Sold Price
$49,000
Premium/Discount to List
-$6,000
-10.91%
Purchase Details
Closed on
Jun 28, 2006
Sold by
Lawlor Marlie
Bought by
Blue Jay Way Inc
Purchase Details
Closed on
Dec 12, 2002
Sold by
Loaiza Jose L and Loaiza Marta
Bought by
Lawlor Marlie
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Southeast Reading, PA
-
Todd Sell
-
Marcus Gonzalez
Marcus Gonzalez
Atlas Land and Homes
(223) 216-5019
93 Total Sales
1 in Southeast Reading
$210,000 Price
-
Ivonn Reyes
Ivonn Reyes
Responds QuicklyIron Valley Real Estate of Berks
(484) 642-1605
141 Total Sales
5 in Southeast Reading
$65K - $255K Price Range
-
Nick Smith
Nick Smith
Coldwell Banker Hearthside-Allentown
(484) 246-7713
432 Total Sales
1 in Southeast Reading
$90,000 Price
-
Erica Deuschle
Erica Deuschle
Responds QuicklyKeller Williams Main Line
(610) 463-0417
1,478 Total Sales
1 in Southeast Reading
$335,000 Price
-
Jeff Dieffenbach
Jeff Dieffenbach
RE/MAX Evolved
(484) 755-6146
150 Total Sales
1 in Southeast Reading
$200,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $390,000 | Keystone Title | |
| Deed | -- | Stewart Title | |
| Deed | $135,000 | Conestoga Title | |
| Deed | $49,000 | None Available | |
| Deed | $33,600 | None Available | |
| Deed | $38,000 | Conestoga Berks Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $292,500 | New Conventional | |
| Previous Owner | $255,000 | New Conventional | |
| Previous Owner | $240,000 | New Conventional |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/13/2026 03/13/26 | Sold | $390,000 | -2.3% | $146 / Sq Ft | |
| 02/25/2026 02/25/26 | Pending | -- | -- | -- | |
| 02/19/2026 02/19/26 | For Sale | $399,000 | +714.3% | $150 / Sq Ft | |
| 05/14/2013 05/14/13 | Sold | $49,000 | -10.9% | $18 / Sq Ft | View Prior Sale |
| 04/23/2013 04/23/13 | Pending | -- | -- | -- | |
| 03/11/2013 03/11/13 | For Sale | $55,000 | -- | $21 / Sq Ft |
Source: Bright MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $1,191 | $42,200 | $6,600 | $35,600 |
| 2025 | $1,145 | $42,200 | $6,600 | $35,600 |
| 2024 | $1,874 | $42,200 | $6,600 | $35,600 |
| 2023 | $1,845 | $42,200 | $6,600 | $35,600 |
| 2022 | $1,845 | $42,200 | $6,600 | $35,600 |
| 2021 | $1,845 | $42,200 | $6,600 | $35,600 |
| 2020 | $1,826 | $42,200 | $6,600 | $35,600 |
| 2019 | $1,826 | $42,200 | $6,600 | $35,600 |
| 2018 | $1,826 | $42,200 | $6,600 | $35,600 |
| 2017 | $1,814 | $42,200 | $6,600 | $35,600 |
| 2016 | $757 | $42,200 | $6,600 | $35,600 |
| 2015 | $1,036 | $42,200 | $6,600 | $35,600 |
| 2014 | $954 | $42,200 | $6,600 | $35,600 |
Source: Public Records
Agents Affiliated with this Home
-
John Gantkowski
Seller's Agent in 2026
John Gantkowski
Iron Valley Real Estate of Berks
(610) 780-3024
9 in this area
292 Total Sales
-
AnnaMarie Ortiz
Buyer's Agent in 2026
AnnaMarie Ortiz
Coldwell Banker Realty
(610) 914-4727
2 in this area
26 Total Sales
-
TD
Seller's Agent in 2013
Tami Davies-Coleman
Penn Realty Professionals LLC
-
LS
Buyer's Agent in 2013
LORI SNYDER
Home Town Realty
Map
Source: Bright MLS
MLS Number: PABK2068274
APN: 5306-28-99-9150
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Copyright 2026 Bright MLS, Inc.
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