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Apartment Building with Basement
New
For Sale
$599,900

548 S 7TH Street, Reading, PA 19602

Multi-Family, READING, PA

Property SizeContact for details
Lot Size0.07 Acres
Days on Market2

Property Features for 548 S 7TH Street

General Information

Property type Residential Multi Family
Property subtype Other
Rooms Basement
Parking 1
Parking features Off Street, On Street
Subdivision READING
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 2096

Utilities

Heating system Baseboard, Electric (Heating)

Building Details

Year built 1920
Number of units 4
Building materials Stucco
Listing Agency: Keller Williams Platinum Realty - Wyomissing · Keller Williams Realty
Listed By: Zylkia R Rivera · License #RS337559
Added: Sep 1 Last Checked: Sep 2 at 2:06AM
MLS# PABK2077392

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.

Built in 1920, this stucco apartment property at 548 S 7th Street includes four apartments alongside seven separately rented rooms. The apartment mix consists of three one-bedroom units and one two-bedroom unit, creating a varied residential configuration within the building. The property is described as being in average condition, with an unfinished basement that may serve as storage or support future development. Heating is provided by baseboard and electric systems.

The site encompasses 0.07 acres in Reading, Pennsylvania. Parking includes one off-street space, with on-street parking also identified. The existing layout supports multiple rental arrangements across apartments and individual rooms.

Key Highlights

  • Four apartments plus 7 individually rented rooms
  • Apartment mix includes three one‑bedrooms and one 2‑bedroom
  • Unfinished basement for storage or future development

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Dental Office Skin Care Clinic Computer & Electronic Repair 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.

Location Intelligence

Trade Area within ½ mile

970
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

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 - Income-producing residential property with mixed apartment and room configurations in Reading.
Where is this apartment building located?
The property is located at 548 S 7TH Street Reading, PA.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Four apartments plus 7 individually rented rooms; Apartment mix includes three one‑bedrooms and one 2‑bedroom; Unfinished basement for storage or future development
More about this property
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