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Brick Triplex with Detached Garage
New
For Sale
$339,900

1114 FRANKLIN Street, Reading, PA 19602

Multi-Family, READING, PA

Property SizeContact for details
Lot Size0.07 Acres
Days on Market4

Property Features for 1114 FRANKLIN Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Rooms Basement
Parking 2
Parking features Garage - Detached
Elementary school district READING
Middle school district READING
High school district READING
Standard status Active
Lot size 0.07 Acres

Taxes and HOA fees

Tax Annual Amount 1983

Utilities

Heating system Baseboard, Hot Water(Heating)
Cooling system Window Unit(s)

Amenities

backyard

Building Details

Year built 1905
Number of units 3
Building materials Brick
Architectural style Other
Listing Agency: Iron Valley Real Estate of Berks
Listed By: HERNAN OSIRIS DELGADO GUZMAN · License #RS366446
Added: Sep 15 Changed: Sep 17 Last Checked: Sep 18 at 9:06PM
MLS# PABK2078148

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This brick triplex in Reading contains three residential apartments arranged across three floors. The first-floor unit has two bedrooms, the second-floor unit has three bedrooms, and the top-floor unit has two bedrooms. Each apartment is served by its own boiler and water heater. Window-unit cooling, baseboard and hot-water heating, and a basement are also included. Most windows have been replaced.

The property occupies 0.07 acres and includes a detached garage sized for two vehicles, along with a low-maintenance backyard. Leases are month-to-month. The owner currently covers cold water, common-area electricity, trash, and recycling. The building was constructed in 1905, and showings require 24 hours' notice.

Key Highlights

  • Three apartments with a 2‑bedroom, 3‑bedroom, and 2‑bedroom layout
  • Separate boiler and water heater serving each apartment
  • Detached two‑vehicle garage included

Property Analytics

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Current Use

Triplexes

Suggested Use

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

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

3
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,298
Businesses Nearby

Demographics for 19602, PA

19,782
Population
7,907
Households
2.5
Avg Household Size
32
Median Age
11%
College-Educated
71%
High-School Grad
2.0 sq mi
ZIP Area
9,891
Density / Sq Mi
$38,179
Median Household Income
$30,848
Median Earnings
$978
Median Rent
$73,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Triplex - Three apartments offer separate heating and water-heating systems, with flexible month-to-month occupancy.
Where is this triplex located?
The property is located at 1114 FRANKLIN Street Reading, PA.
What is the asking price?
The asking price for this property is $339,900.
What are key features of this property?
This property features: Three apartments with a 2‑bedroom, 3‑bedroom, and 2‑bedroom layout; Separate boiler and water heater serving each apartment; Detached two‑vehicle garage included
More about this property
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