15-Unit Apartment
For Sale
$1,200,000
200 W LANCASTER Avenue, Reading, PA 19607
MULTI_FAMILY - READING, PA
Property Size15,000 SF
Lot Size0.30 Acres
Price / SF$80
Days on Market223
Property Features for 200 W LANCASTER Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Parking
23
Parking features
On Street, Parking Lot, Garage - Detached
Elementary school district
GOVERNOR MIFFLIN
Middle school district
GOVERNOR MIFFLIN
High school district
GOVERNOR MIFFLIN
Special listing conditions
In Foreclosure
Standard status
Active
Size
15,000 SF
Lot size
0.30 Acres
Taxes and HOA fees
Tax Annual Amount
7549
Utilities
Heating system
Hot Water(Heating)
Building Details
Year built
1910
Number of units
4
Building materials
Block, Brick, Masonry, Stucco, Frame
Listing Agency:
Destination Realty LLC
(610) 743-3310
Listed By:
Robert Savory · License #RS319543
(215) 783-6721
Added: Jan 8
Changed: Aug 6
Last Checked: Aug 19 at 1:06PM
MLS# PABK2067046
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 15-unit apartment building was constructed in 1910 and contains approximately 15,000 square feet on a level 0.3-acre lot. The structure uses block, brick, masonry, stucco, and frame materials, with hot-water heating and a basement. The property is reported to be in below-average condition, creating a clear need for renovation work. Parking includes detached garages, a parking lot, and on-street spaces. Public transportation is located within one mile, while the airport is less than 10 miles away. A clean Phase I environmental assessment report is available.
Key Highlights
- 15‑unit apartment building with approximately 15,000 square feet
- Level 0.3‑acre lot with a 1910 construction date
- Block, brick, masonry, stucco, and frame construction materials
Property Analytics
Property Profile
Current Use
Lease Details
15
Residential units
Location Intelligence
Trade Area within ½ mile
577
Businesses Nearby
Explore this area
Business Placement
Demographics for 19607, PA
23,431
Population
10,177
Households
2.3
Avg Household Size
42
Median Age
31%
College-Educated
94%
High-School Grad
11.2 sq mi
ZIP Area
2,092
Density / Sq Mi
$80,550
Median Household Income
$46,953
Median Earnings
$1,283
Median Rent
$210,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Apartment property with garage and surface parking, public transportation within a mile, and renovation needs.
Where is this apartment building located?
The property is located at 200 W LANCASTER Avenue Reading, PA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 15‑unit apartment building with approximately 15,000 square feet; Level 0.3‑acre lot with a 1910 construction date; Block, brick, masonry, stucco, and frame construction materials
