$165,000

344 S 7th St Reading, PA 19602

Estimated payment $968/month

Total Views 25,557
5 Beds
2 Baths
1,704 Sq Ft
$97 Price per Sq Ft

Highlights

  • Traditional Architecture
  • No HOA
  • Radiator

About This Home

Turnkey Investment Opportunity – 5-Bedroom Cash Flowing Property!

Calling all investors! 344 S 7th Street, Reading, PA 19602 is your next smart buy. This spacious 5-bedroom, 2-bath home boasts over 1,700 sq ft of living space and is already generating solid rental income—no guesswork, no waiting.

Well-maintained and fully rented, this property is the definition of turnkey. With a layout that attracts long-term tenants and a location that offers easy access to downtown Reading, schools, and public transportation, this is a high-demand rental with strong returns.

Whether you're expanding your portfolio or just getting started, this income-producing property is a great addition. Secure a cash-flowing asset in one of Reading’s promising rental markets today!

Listing Agent

Joanna Rodriguez

(484) 987-1968 letmeleadyourwayhome@gmail.com JM Diamond Realty License #RS360716 Listed on: 06/02/2025

Co-Listing Agent

Jose Manzueta

(484) 219-9232 josemanzueta946@gmail.com JM Diamond Realty License #RM426115

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,149

Year Built

  • Built in 1900

Lot Details

  • 1,742 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Semi-Detached or Twin Home
  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,704 Sq Ft Home
  • Property has 3 Levels
  • Unfinished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Radiator
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Reading Subdivision

Listing and Financial Details

  • Tax Lot 8075
  • Assessor Parcel Number 02-5306-36-88-8075

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,149

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Expected On Market: 6/2/2025 12:00:00 AM
  • Federal Flood Zone: No
  • Year Built: 1900
  • Remarks Public: Turnkey Investment Opportunity – 5-Bedroom Cash Flowing Property! Calling all investors! 344 S 7th Street, Reading, PA 19602 is your next smart buy. This spacious 5-bedroom, 2-bath home boasts over 1,700 sq ft of living space and is already generating solid rental income—no guesswork, no waiting. Well-maintained and fully rented, this property is the definition of turnkey. With a layout that attracts long-term tenants and a location that offers easy access to downtown Reading, schools, and public transportation, this is a high-demand rental with strong returns. Whether you're expanding your portfolio or just getting started, this income-producing property is a great addition. Secure a cash-flowing asset in one of Reading’s promising rental markets today!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1704
  • Living Area Sq Ft: 1704
  • Price Per Sq Ft: 96.83
  • Above Grade Finished Sq Ft: 1704
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 344

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

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: Radiator
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Land Use Code: 117R
  • Lot Size Acres: 0.04
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Year Assessed: 2025
  • Zoning: RES

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • School Tax: 457.00
  • Tax Annual Amount: 1149.00
  • Assessor Parcel Number: 02-5306-36-88-8075
  • Tax Lot: 8075
  • Tax Total Finished Sq Ft: 1704
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

MLS Schools

  • School District Name: READING

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $692 $25,500 $7,700 $17,800
2024 $1,132 $25,500 $7,700 $17,800
2023 $1,115 $25,500 $7,700 $17,800
2022 $1,115 $25,500 $7,700 $17,800
2021 $1,115 $25,500 $7,700 $17,800
2020 $1,104 $25,500 $7,700 $17,800
2019 $1,104 $25,500 $7,700 $17,800
2018 $1,104 $25,500 $7,700 $17,800
2017 $1,096 $25,500 $7,700 $17,800
2016 $626 $25,500 $7,700 $17,800
2015 $626 $25,500 $7,700 $17,800
2014 $576 $25,500 $7,700 $17,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2025 07/26/25 Price Changed $165,000 -2.9% $97 / Sq Ft
06/21/2025 06/21/25 Price Changed $170,000 -2.9% $100 / Sq Ft
06/02/2025 06/02/25 For Sale $175,000 -- $103 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $39,360 None Available
Deed $20,000 --
Sheriffs Deed $1,800 --
Source: Public Records

Source: Bright MLS

MLS Number: PABK2058132

Bright MLS

APN: 02-5306-36-88-8075