3211 Marion Street, Reading, PA 19605
Detached two-unit property with separate 2-bedroom and 1-bedroom residences, high ceilings, and a covered patio.
- Added:
- May 27, 2026
- Days on Market:
- 16
- Last Refresh:
- Jun 6 at 2:45 am
Property Features for 3211 Marion Street
General Information
- Standard status
- Active
- Size
- 1,632 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1925
Listing agent Nichole Killeen License #RS355036 (570) 640-5188
Listing office Mullen Realty Associates (570) 640-5188
Listing date May 27, 2026
Source Compass
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 Mullen Realty Associates
HighLights
- Detached 2‑unit duplex with separate residences: a 2‑bedroom/1‑bath unit and a 1‑bedroom/1‑bath unit
- Remodeled duplex with high ceilings and exceptional maintenance throughout, according to the listing remarks
- Covered patio for outdoor space
- Long‑term tenants in place, per the listing remarks
Overview
The duplex is located at 3211 Marion Street in Reading, Pennsylvania, in Berks County. It falls within the Muhlenberg School District, as provided in the listing information.
For investors or owner-occupants looking for income-oriented housing, the unit mix offers flexibility between a larger 2-bedroom layout and a smaller 1-bedroom layout within the same detached structure. With the property noted as having long-term tenants, it may appeal to buyers seeking a steadier, multi-unit ownership setup. Prospective buyers should review the current leases and unit conditions during due diligence.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $23.9k | $14.64 |
| − Vacancy | −$908 | −$0.56 |
| EGI | $23.0k | $14.08 |
| − OpEx | −$6.9k | −$4.23 |
| NOI | $16.1k | $9.86 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Reading
- County
- Berks
- State
- Pennsylvania
- Longitude
- -75.9099064
- Latitude
- 40.3875947
