$264,900
PENDING

1642 Mineral Spring Rd Reading, PA 19602

District 8 Neighborhood

Estimated payment $1,635/month

Total Views 4,209
-- Bed
-- Bath
2,538 Sq Ft
$104 Price per Sq Ft

About This Home

Welcome to 1642 Mineral Spring Rd. This well-maintained 3-unit multi-family building is fully occupied and generating consistent income. With all 3 units rented it's a great opportunity to include to your investment portfolio or to generate rental income from 2 units while living in one. This property has a newer roof that was installed in 2022. Located just steps from Penn Street and minutes from major commuter routes including US-422, this property combines location, stability, and strong rental potential.
All three units are large one-bedroom apartments with the potential of generating higher rents.
Schedule your showing today.

Listing Agent

parul khanna

(484) 769-3718 parul@daryltillman.com Daryl Tillman Realty Group License #RS366157 Listed on: 09/13/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,831

Year Built

  • Built in 1905

Lot Details

  • 2,178 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • 2,538 Sq Ft Home
  • Triplex
  • Brick Exterior Construction
  • Shingle Roof

Utilities

  • Radiator
  • Heating System Uses Oil
  • Natural Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Lot 3962
  • Assessor Parcel Number 16-5316-06-48-3962

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,831

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: End Of Row/Townhouse
  • Ownership: Fee Simple
  • Inclusions: 3 stoves, 3 refrigerators
  • New Construction: No
  • Expected On Market: 9/13/2025 12:00:00 AM
  • Year Built: 1905
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to 1642 Mineral Spring Rd. This well-maintained 3-unit multi-family building is fully occupied and generating consistent income. With all 3 units rented it's a great opportunity to include to your investment portfolio or to generate rental income from 2 units while living in one. This property has a newer roof that was installed in 2022. Located just steps from Penn Street and minutes from major commuter routes including US-422, this property combines location, stability, and strong rental potential. All three units are large one-bedroom apartments with the potential of generating higher rents. Schedule your showing today.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Total Sq Ft: 2538
  • Living Area Sq Ft: 2538
  • Price Per Sq Ft: 104.37
  • Above Grade Finished Sq Ft: 2538
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1642

Exterior Features

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

Schools

  • School District: READING
  • School District Key: 300200397169
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 138R
  • 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: R-3

Rental Info

  • Existing Lease Type: Yearly, Month To Month
  • Number Of Units Month To Month: 2
  • Owner Pays: Gas, Sewer, Water, Trash Collection
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • School Tax: 1126.00
  • Tax Annual Amount: 2831.00
  • Assessor Parcel Number: 16-5316-06-48-3962
  • Tax Lot: 3962
  • Tax Total Finished Sq Ft: 2538
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

MLS Schools

  • School District Name: READING

Map

Range of Values:

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Average Value
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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 Change Sq Ft Price
09/16/2025 09/16/25 Pending -- -- --
09/13/2025 09/13/25 For Sale $264,900 +6.0% $104 / Sq Ft
07/05/2024 07/05/24 Sold $250,000 +4.2% $99 / Sq Ft
06/03/2024 06/03/24 Pending -- -- --
05/28/2024 05/28/24 For Sale $239,900 -- $95 / Sq Ft
Source: Bright MLS

Source: Bright MLS

MLS Number: PABK2060586

Bright MLS

APN: 5316-06-48-3962

Pennsylvania Berks County Reading 19602 District 8

1642 Mineral Spring Rd, Reading, PA

This home is located at 1642 Mineral Spring Rd, Reading, PA 19602 and is currently priced at $264,900, approximately $104 per square foot. This property was built in 1905. 1642 Mineral Spring Rd is a home located in Berks County with nearby schools including 16th & Haak Elementary School, Central Middle School, and Reading Senior High School.

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Listing Agent
parul khanna
Section Image
Daryl Tillman Realty Group
(484) 310-7060