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Approved 18-Unit Multifamily Project
For Sale
$450,000

416 416 418 420 Walnut St, Reading, PA 19601

Approved 18-unit multifamily project in Reading, Pennsylvania.

Property Size9,129 SF
Price / SF$49.29
Days on Market12

Property Features for 416 416 418 420 Walnut St

General Information

Standard status Active
Size 9,129 SF

Additional Details

Multifamily Units 18

Building Details

Year Built 1900
Listing Agency: Light House Realtors, LLC
Listed By: Jorge Diaz Jr.
Source: Riverfoxrealty
Added: Aug 21 Changed: Aug 28 Last Checked: Aug 30 at 8:40PM

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 Light House Realtors, LLC

Investment Insights

Based on property information with market context.

This approved multifamily project is planned for 18 units and encompasses 9,129 square feet. The property is located at 416, 418, and 420 Walnut St in Reading, Pennsylvania.

The recorded year built is 1900, providing an established building date for the property. The asset is classified as an apartment building and is offered for sale.

Key Highlights

  • Approved multifamily project with 18 units
  • 9,129‑square‑foot property
  • Located at 416, 418, and 420 Walnut St, Reading, PA 19601

Property Analytics

Current Use

Apartment buildings

Suggested Use

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

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

18
Residential units

Location Intelligence

Trade Area within ½ mile

2,763
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
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Approved 18-unit multifamily project in Reading, Pennsylvania.
Where is this apartment building located?
The property is located at 416 416 418 420 Walnut St Reading, PA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Approved multifamily project with 18 units; 9,129‑square‑foot property; Located at 416, 418, and 420 Walnut St, Reading, PA 19601
More about this property
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