$299,900

Estimated payment $1,693/month

Total Views 2,362
Studio
-- Bath
2,134 Sq Ft
$141 Price per Sq Ft

About This Home

Savvy investors and house hackers — this is the one you've been waiting for. This fully vacant 4-unit at 316 S 8th Street is a blank canvas sitting in one of Pennsylvania's most renter-hungry markets, where 60% of households rent and studios are commanding $1,000–$1,100/mo with 2-bedrooms pushing $1,600–$1,700+ in today's market. Do the math: a light cosmetic refresh — fresh floors, clean walls — and you're looking at a potential gross monthly rent roll of $4,200–$4,500+. Here's where it gets even better — every unit has its own separate electric heat and each tenant pays their own utilities, meaning your operating expenses stay lean and your net income stays fat. No utility bills eating into your returns. A true investor's dream structure. Maximum flexibility too: rent all four and stack income, or move into the 2-bedroom, let your three tenants cover your mortgage AND put cash in your pocket every single month — live for free while building real wealth. The vacancy isn't a problem — it's your power. Every unit is yours to price at peak market rates from day one, no inherited leases, no inherited headaches, just pure upside. In a city where rents have risen nearly 2% year-over-year and demand never sleeps, hesitation is the only mistake you can make. First mover wins here — schedule your showing now before the next investor does.

Listing Agent

JOSE VAZQUEZ

(484) 273-0056 lighthouserealtylv@gmail.com Light House Realtors, LLC Brokerage Phone: 4842730056 Listed on: 04/23/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,232

Year Built

  • Built in 1900

Lot Details

  • 1,306 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • 2,134 Sq Ft Home
  • Quadruplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Brick Foundation

Utilities

  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • 4 Units
  • 4 Vacant Units

Listing and Financial Details

  • Tax Lot 4308
  • Assessor Parcel Number 02-5306-36-98-4308

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,232

Year Built

Built in 1900

Lot Details

1,306 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Total Sq Ft: 2134
  • Living Area Sq Ft: 2134
  • Price Per Sq Ft: 140.53
  • Above Grade Finished Sq Ft: 2134
  • 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: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.03
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1306.00
  • Zoning: RESIDENTIAL

Rental Info

  • Existing Lease Type: None
  • Rent Control: No
  • Vacation Rental: No

Tax Info

  • School Tax: 479.00
  • Tax Annual Amount: 1232.00
  • Assessor Parcel Number: 02-5306-36-98-4308
  • Tax Lot: 4308
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

Multi Family

  • Number Of Units Vacant: 4

MLS Schools

  • School District Name: READING

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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
2025 $725 $26,700 $6,600 $20,100
2024 $1,186 $26,700 $6,600 $20,100
2023 $1,167 $26,700 $6,600 $20,100
2022 $1,167 $26,700 $6,600 $20,100
2021 $1,167 $26,700 $6,600 $20,100
2020 $1,155 $26,700 $6,600 $20,100
2019 $1,155 $26,700 $6,600 $20,100
2018 $1,155 $26,700 $6,600 $20,100
2017 $1,148 $26,700 $6,600 $20,100
2016 $656 $26,700 $6,600 $20,100
2015 $656 $26,700 $6,600 $20,100
2014 $603 $26,700 $6,600 $20,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/23/2026 04/23/26 For Sale $299,900 -- $141 / Sq Ft
Source: Bright MLS

Source: Bright MLS

MLS Number: PABK2071194

Bright MLS

APN: 5306-36-98-4308

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