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    1115 Douglass St Reading, PA 19604

    For Sale
    $254,900

    MULTI_FAMILY - READING, PA

    Property size:
    1,811 SF
    Lot size:
    0.03 Acres
    Days on Market:
    42
    Last Refresh:
    Dec 5 at 10:06 pm

    Property Features for 1115 Douglass St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Parking
    1
    Parking features
    Garage - Attached
    Size
    1,811 SF
    Lot size
    0.03 Acres

    Utilities

    Cooling system
    Window Unit(s)

    Building Details

    Year built
    1915
    Number of units
    2
    Building materials
    Brick

    Iron Valley Real Estate of Berks (484) 450-8771 [email protected]

    Listing agent Karina Castillo (484) 450-8771 License #RS345079

    Listing date Oct 25, 2025

    Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Income-Producing Multifamily Property in Reading

    This multifamily property presents an opportunity for generating income. The property includes a one-bedroom unit on the first floor, currently rented for $1,000 per month under a month-to-month lease. The second floor features a two-bedroom unit that is currently vacant, offering the potential for a new tenant or personal use. The property is located in Reading, Pennsylvania. The lot size is 0.03 acres. The building has 1811 square feet of space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Reading
    County
    Berks
    State
    Pennsylvania
    Longitude
    -75.91495
    Latitude
    40.3475

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    FAQs

    What type of property is this?
    Duplex - Multifamily property with rental income potential in Reading, Pennsylvania.
    Where is this duplex located?
    The property is located at 1115 Douglass St Reading, PA.
    What is the asking price?
    The asking price for this property is $254,900.
    What are key features of this property?
    This property features: - Income-producing property with existing rental income of $1,000/month from the first-floor one-bedroom unit.; - Second-floor two-bedroom unit is vacant and ready for immediate occupancy or new tenant.; - Solid brick construction.
    (484) 450-8771
    Request Owner's contact information
    1115 Douglass St Reading, PA 19604
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    Reading, PA 19604
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1115 Douglass St Reading, PA 19604
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