316 S 8th St Reading, PA 19602
Southeast Reading NeighborhoodEstimated payment $1,588/month
About This Home
Investors and house hackers — the math on this one just got better. We pulled 316 S 8th Street off-market briefly to rehab every unit to rent-ready, and we dropped the price $25K to $274,900. So you're now buying a turnkey, fully vacant 4-unit in one of PA's most renter-hungry markets — 60% of households rent, studios are pulling $875–$1,100/mo and 2-bedrooms are pushing $1,200–$1,500+. Run the numbers: rent-ready from day one means no rehab lift and no lag to cash flow. Lease all four at market for a gross rent roll of $3,825–$4,800+/mo — roughly $45K–$57K a year against a $274,900 buy. Every unit has its own separate electric heat and each tenant pays their own utilities, so operating expenses stay lean and net income stays fat. No utility bills eating your returns. Still maximum flexibility: stack all four for income, or move into the 2-bedroom and let three tenants cover your mortgage while you build equity. And because it's delivered vacant, there are no inherited leases and no inherited headaches — you price every unit at today's market the day you close. Demand in this market isn't slowing. Clean turnkey rental play, rent-ready, priced to move at $274,900. Offers due Friday, July 4th — call or text now to schedule your showing and get the full unit-by-unit numbers. Bring proof of funds or pre-approval with your offer.
Listing Agent
(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
Map
Home Values in the Area
Average Home Value in this Area
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 | $754 | $26,700 | $6,600 | $20,100 |
| 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 |
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 |
|---|---|---|---|---|
| 06/25/2026 06/25/26 | Price Changed | $274,900 | 0.0% | $129 / Sq Ft |
| 06/25/2026 06/25/26 | For Sale | $274,900 | -8.3% | $129 / Sq Ft |
| 06/03/2026 06/03/26 | Off Market | $299,900 | -- | -- |
| 04/23/2026 04/23/26 | For Sale | $299,900 | -- | $141 / Sq Ft |
Source: Bright MLS
MLS Number: PABK2071194
APN: 5306-36-98-4308
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Ask me questions while you tour the home.