$439,900
- Studio
- 3,580 Sq Ft
1013 Penn St, Reading, PA 19601
Jimmy Thelusca Pagoda Realty
4
Penn's Common Multifamily Homes & Duplexes for Sale
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1013 Penn St, Reading, PA 19601
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Explore Penn's Common
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$550,000
- Studio
- 4,920 Sq Ft
1027 Walnut St, Reading, PA 19601
1027 Walnut St, Reading, PA 19601Jimmy Thelusca Pagoda Realty
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$950,000
- Studio
- 6,500 Sq Ft
1049 Penn St, Reading, PA 19601
1049 Penn St, Reading, PA 19601Zylkia Rivera Keller Williams Platinum Realty - Wyomissing
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$120,000
- Studio
1010 Walnut St, Reading, PA 19601
1010 Walnut St, Reading, PA 19601Jenniffer Jimenez United Real Estate Strive 212
Why Live in Penn's Common
Penn's Common in Reading, Pennsylvania, is a neighborhood with a blend of historic charm and urban living. The area is highlighted by the 50-acre City Park, established by the grandsons of William Penn. Recent renovations have added a splash pad, walking trails, and an all-abilities playground, enhancing the park's appeal. The City Park Bandshell, part of Veterans’ Memorial Grove, hosts concerts and events, adding to the neighborhood's attractions. The residential streets feature early 1900s row homes with varied architectural styles, including red brick and Victorian-era bay windows. Local dining options include numerous mom-and-pop eateries, such as the popular Franklyn’s Breakfast. For groceries, CTown Supermarkets and neighborhood markets like Santa Rita Grocery are conveniently located. The Santander Arena, home to the Reading Royals hockey team, is another local highlight. Education options include the highly rated Fairview Christian School, serving K-12 students. Penn's Common is well-connected, with BARTA buses providing public transit and major cities like Philadelphia and Harrisburg accessible within 60 miles. Despite its urban density, the neighborhood offers a variety of recreational activities and cultural events, making it a vibrant place to live. The community's efforts to improve safety and provide amenities contribute to its unique character.
Home Trends in Penn's Common, PA
On average, homes in Penn's Common, Reading sell after 29 days on the market compared to the national average of 52 days. The median sale price for homes in Penn's Common, Reading over the last 12 months is $185,000, up 24% from the median home sale price over the previous 12 months.
Housing Trends
Median Sale Price
$185,000
Median Single Family Sale Price
$182,500
Average Price Per Sq Ft
$110
Number of Homes for Sale
2
Last 12 months Home Sales
15
Months of Supply
1.60
Median List Price
$185,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
24%
In Penn's Common, there are currently 4 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes ranging from $120,000 to $950,000, there's something for every budget. As of September, 2025 the median home price in Penn's Common, Reading is $185,000, while the average sale price is $180,560, providing insight into local market trends. On average, multi-family homes spend 29 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 Penn's Common, Reading.
More About Living in Penn's Common
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