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4-Unit Quadplex
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1013 Penn St, Reading, PA 19601

Four residential apartments offer an owner-occupant or portfolio acquisition option in a central city setting.

Property SizeContact for details
Days on Market142

Property Features for 1013 Penn St

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 4
Listing Agency: Pagoda Realty & Property Management
Listed By: Jimmy Thelusca · License #RS333622
Source: Crexi
Added: Apr 13 Changed: Aug 31 Last Checked: Aug 31 at 12:57AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pagoda Realty & Property Management

Investment Insights

Based on property information with market context.

This quadplex contains 4 residential units at 1013 Penn St in Reading, Pennsylvania. The configuration supports either an owner-occupant arrangement with additional apartments leased to residents or continued operation as a four-unit rental property.

Current monthly lease income is reported at $1,300 for Unit 1, $750 for Unit 2, $1,000 for Unit 3, and $1,000 for Unit 4. The property may also be acquired individually or as part of a package containing up to 19 total units.

Key Highlights

  • 4 residential units at 1013 Penn St
  • Current monthly lease income by unit: $1,300, $750, $1,000, and $1,000
  • Located in Reading, PA 19601

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Skin Care Clinic Electrical Service Acupuncture (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

2,358
Businesses Nearby

Demographics for 19601, PA

35,477
Population
14,024
Households
2.5
Avg Household Size
34
Median Age
12%
College-Educated
73%
High-School Grad
3.8 sq mi
ZIP Area
9,336
Density / Sq Mi
$41,133
Median Household Income
$30,433
Median Earnings
$986
Median Rent
$110,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four residential apartments offer an owner-occupant or portfolio acquisition option in a central city setting.
Where is this quadplex located?
The property is located at 1013 Penn St Reading, PA.
What are key features of this property?
This property features: 4 residential units at 1013 Penn St; Current monthly lease income by unit: $1,300, $750, $1,000, and $1,000; Located in Reading, PA 19601
(862) 352-7532 Call to check price and availability
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