$260,000
- Studio
- 2,158 Sq Ft
21 S 3rd St, Reading, PA 19602
Peter Gustis Springer Realty Group
4
Downtown Reading Multifamily Homes & Duplexes for Sale
-
21 S 3rd St, Reading, PA 19602
-
$395,000
- Studio
- 4,210 Sq Ft
226 S 5th St, Reading, PA 19602
226 S 5th St, Reading, PA 19602Anthony Borelli Century 21 Gold
-
$879,900
- Studio
- 6,206 Sq Ft
238 S 5th St, Reading, PA 19602
238 S 5th St, Reading, PA 19602Jimmy Thelusca Pagoda Realty
-
$259,500
- Studio
- 5,502 Sq Ft
127 N 5th St, Reading, PA 19601
127 N 5th St, Reading, PA 19601Anthony Borelli Century 21 Gold
Why Live in Downtown Reading
Downtown Reading, named after the historic Reading Railroad, is a neighborhood with a rich industrial past and a vibrant present. The area is home to major employers like Carpenter Steel and Reading Hospital, and it benefits from proximity to three colleges. Residents enjoy outdoor activities at Riverfront Park, which features a walking circle, playground, and sports facilities, and the Schuylkill River Trail, ideal for hiking. A unique local landmark is the traditional Japanese Pagoda, offering panoramic views from its seven stories. Cultural attractions include the Santander Arena, hosting the Reading Symphony Orchestra, and the GoggleWorks Center for the Arts, where residents can view contemporary art and participate in creative classes. The neighborhood's streets are lined with early 20th-century row homes, many of which are multi-unit residences with brick facades and covered porches. Dining options range from the popular Irish Tavern, The Ugly Oyster Drafthaus, to iconic spots like The Peanut Bar and Judy's on Cherry. Grocery shopping is convenient at Bravo Market. Downtown Reading is well-connected via U.S. Route 422 and the Berks Area Regional Transportation Authority's hybrid electric buses, making travel to nearby cities and attractions straightforward.
Home Trends in Downtown Reading, PA
On average, homes in Downtown Reading, Reading sell after 126 days on the market compared to the national average of 53 days. The median sale price for homes in Downtown Reading, Reading over the last 12 months is $254,995, up 41% from the median home sale price over the previous 12 months.
Housing Trends
Median Sale Price
$254,995
Median Single Family Sale Price
$285,000
Median Townhouse Sale Price
$254,990
Average Price Per Sq Ft
$138
Number of Homes for Sale
4
Last 12 months Home Sales
10
Months of Supply
4.80
Median List Price
$257,500
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
41%
In Downtown Reading, there are currently 4 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes ranging from $259,500 to $879,900, there's something for every budget. As of November, 2025 the median home price in Downtown Reading, Reading is $257,500, while the average sale price is $263,386, providing insight into local market trends. On average, multi-family homes spend 126 days on the market before being sold. Multi-family homes encompass various property types, including duplexes, triplexes, fourplexes, and apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're interested in a duplex for a starter investment or an apartment complex for a larger-scale venture, there are investment properties available to suit your needs. Explore the range of multi-family homes for sale in Downtown Reading, Reading.
Homes in Nearby Neighborhoods
Homes in Nearby Cities
Copyright © 2025 CoStar Group
