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    Hazleton, PA Wyomissing, PA West Reading, PA Muhlenberg Township, PA Shillington, PA Mount Penn, PA Leesport, PA Birdsboro, PA
    27 properties
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    Residential Income Property For Sale
    Updated: Mar 19
    Residential Income Property For Sale

    357 S 3rd St, Reading, PA 19602

    $460,000
    2,946 sqft
    Great return on investment potential.
    Seven units ranging from 1‑3 bedrooms.
    Tenants pay all utilities except water and sewer.
    All units are in great condition.
    Two units are currently vacant and easily rentable.
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    This listing looks promising.

    Here's a quick look at some key insights for

    357 S 3rd St, Reading, PA 19602

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    • Est. Cap Rate

      5.5%
      NOI ÷ price

    • Est. NOI

      $25K
      Annual

    • Price @ 7% Cap

      $363K
      Suggested

    • Property Type

      Multi-Family Dwellings
      Built 1900
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    Six-Unit Apartment Building
    Updated: Apr 10
    Six-Unit Apartment Building

    1601 MINERAL SPRING Road, Reading, PA 19602

    $575,000
    6,775 sqft 0.12 AC lot
    Strong cash flow and long‑term upside potential as a six‑unit investment property.
    Dedicated off‑street parking lot with space for approximately twelve vehicles.
    Tenants responsible for heat, electric, and hot water, minimizing owner expenses.
    Newer roof, updated mechanical systems, and efficient gas furnaces for lower maintenance costs.
    Located in a high‑demand rental area.
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    15-Unit Multifamily Building
    15-Unit Multifamily Building

    200 W LANCASTER Avenue, Reading, PA 19607

    $1,250,000
    15,000 sqft 0.30 AC lot

    Brick and stucco 15-unit building with private garages and surface parking, offered with a recent Phase I assessment.

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    Mixed-Use Property with Expansion Potential
    Mixed-Use Property with Expansion Potential

    226 N 10TH Street, Reading, PA 19601

    $650,000
    0.05 AC lot

    Well-maintained mixed-use property with commercial storefront and residential units.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Multifamily Portfolio with Retail Space
    Multifamily Portfolio with Retail Space

    17 17-19 S 3rd St, Reading, PA 19602

    $950,000
    5,288 sqft

    Fee-simple portfolio includes three brick apartment buildings totaling 31 units plus one ground-floor commercial space.

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    11-Unit Multifamily Investment
    11-Unit Multifamily Investment

    1220 PERKIOMEN AVENUE, Reading, PA 19602

    $1,100,000
    8,464 sqft

    11-unit multifamily property with approximately 5,000 SF of living space and public water and sewer services.

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    Apartment Building for Sale
    Apartment Building for Sale

    816 Bingaman St, Reading, PA 19602

    $689,900
    11,814 sqft

    Apartment building available for sale in Reading, PA, with access via Spring Garden cross-street directions.

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    Mixed-Use Building with Storefront
    Mixed-Use Building with Storefront

    226 N 10th St, Reading, PA 19601

    $650,000
    3,000 sqft

    Well-maintained mixed-use building with a vacant storefront and seven residential units, including one apartment in progress.

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    Six-Unit Multifamily Investment
    Six-Unit Multifamily Investment

    1601 Mineral Spring Road, Reading, PA 19602

    $615,000
    6,775 sqft

    Six two-bedroom, one-bath units with a newer roof and updated mechanical systems, plus dedicated off-street parking for about 12 vehicles.

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    Mixed-Use Property with Restaurant
    Mixed-Use Property with Restaurant

    523 Bingaman Street, Reading, PA 19602

    $350,000
    3,252 sqft

    Well-maintained mixed-use building with an operating first-floor restaurant and five separately rented second/rear bedrooms.

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    Multifamily Investment Property
    Multifamily Investment Property

    919 Buttonwood Street, Reading, PA 19604

    $450,000
    3,000 sqft

    Well-maintained multifamily building with four 1-bedroom units and two 2-bedroom units.

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    Turnkey Multifamily Income Property
    Turnkey Multifamily Income Property

    525 Penn Street, Reading, PA 19601

    $1,250,000
    14,837 sqft

    Six-unit multifamily building with central air/heat in each unit and a recently replaced roof.

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    Downtown Multi-Building Residential Opportunity
    Downtown Multi-Building Residential Opportunity

    417 Walnut Street, Reading, PA 19601

    $420,000
    12,151 sqft

    Multi-building property formerly used as a parole and probation treatment facility, offering potential to develop 12–14 apartments.

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    Upscale Multifamily Investment Opportunity
    Upscale Multifamily Investment Opportunity

    241 S 5th St, Reading, PA 19602

    $1,500,000
    5,662 sqft

    Professionally designed, fully remodeled 6-unit building with modern amenities.

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    Six-Unit Multifamily Building
    Six-Unit Multifamily Building

    127 S 3rd Street, Reading, PA 19602

    $424,900
    6,781 sqft

    Six separate units in a multifamily building available for sale, with work needed to realize its value.

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    Mixed-Use Rehab Investment
    Mixed-Use Rehab Investment

    400 N 6TH STREET, Reading, PA 19601

    $260,000
    7,000 sqft

    Six-unit building with five residential units and one commercial unit, requiring a full rehab; plans are on file.

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    Multi-Family Property with Nine Units
    Multi-Family Property with Nine Units

    238 South 5th Street, Reading, PA 19602

    $849,900
    6,206 sqft

    Two-building multifamily with nine total units and gas heating, including at least four two-bedroom apartments.

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    Restaurant with Apartments For Sale
    Restaurant with Apartments For Sale

    19 S 5th St, Reading, PA

    $450,000
    7,244 sqft 0.05 AC lot

    Turn-key restaurant with apartments near Alvernia University expansion.

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    Multifamily Residential Building
    Multifamily Residential Building

    1521 Mineral Spring Road, Reading, PA 19602

    $599,000

    Multi-family property on over an acre, zoned for up to 10 units and currently configured as five separate living spaces.

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    Restaurant with Apartments For Sale
    Restaurant with Apartments For Sale

    19-21 South Fifth Street, Reading, PA 19601

    $450,000

    Turn-key restaurant with apartments and liquor license for sale.

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    Mixed-Use 7-Unit Income Building
    Mixed-Use 7-Unit Income Building

    2520 Penn Ave, Reading, PA 19609

    $795,000

    Seven-unit building with five 2-bedroom apartments, two commercial spaces, and a 20-car parking lot.

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    Five-Unit Apartment Building
    Five-Unit Apartment Building

    1059 Moss St, Reading, PA 19604

    $379,000

    Fully occupied five 1-bedroom apartments with tenant-paid electric, heat, and hot water.

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    Turnkey Multifamily Property Near Train
    Turnkey Multifamily Property Near Train

    115 S 6TH STREET, Reading, PA 19602

    $625,000
    0.15 AC lot

    Five residential units near upcoming train station, ready for new owner.

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    Multifamily Unit Portfolio
    Multifamily Unit Portfolio

    413 Green Terrace, Reading, PA 19601

    Contact for pricing

    Three-building multifamily portfolio with 11 total units across two-, one-, and three-bedroom layouts.

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    Reading, PA Apartment Buildings Market Trends and Statistics

    Explore 36 apartment buildings for sale in Reading, PA, showcased through 27 active listings on our real estate platform. These investment opportunities span a total of 126,195 square feet of properties for sale, with an estimated market value of $15,742,700.

    Sale prices for two-family homes in Reading, PA start at $260,000, averaging $684,465, and reaching up to $1,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 227K
    Population Growth (5Y) +4.8%
    Median Household Income $70,853
    College Educated 30.2%

    High-Yield Neighborhoods for Investment

    Identify Reading submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    19601 $550K
    19602 $718.3K
    19607 $1.3M

    Taxes & Financing

    Tax Rate (average for all types) 1.63%
    Property Tax per SF $17.72 per SF
    Tax Rate vs County Average 0.40 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Berks County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Reading fall within the 100,000+ square foot range.

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    Most Searched ZIP Codes in Reading, PA

    • 19602
    • 19601
    • 19604
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    • 19609

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    Pagoda Realty & Property Management
    Reading, PA 19609

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