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Downtown Apartment Portfolio
New
For Sale
$1,325,000

831 N 10th St, Reading, PA 19604

Three nearby multifamily assets combine residential units, a ground-floor commercial space, and established brick construction.

Property Size19,254 SF
Price / SF$68.82
Days on Market2

Property Features for 831 N 10th St

General Information

Standard status Active
Size 19,254 SF

Financials

Asking Price $3,225,000
Average Monthly Rent $1,200

Additional Details

Multifamily Units 31

Building Details

Year Built 1910
Buildings 3
Stories 3
Construction brick
Listing Agency: TCS Management, LLC
Listed By: Alex C Prince · License #RS322309
Source: Kandorre
Added: Aug 13 Changed: Aug 14 Last Checked: Aug 14 at 7:17AM

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 TCS Management, LLC

Investment Insights

Based on property information with market context.

The Downtown Reading Portfolio brings together three nearby properties with 31 residential units and one commercial space. The apartment buildings at 17 and 19 South 3rd Street comprise 10 units across adjacent three-story brick structures, with stone and mortar foundations, wood joist framing, and rubber roofs replaced within the past five years. The buildings at 1259 North 10th Street and 831 North 10th Street add 9 and 12 apartment units, respectively. The former includes a ground-floor commercial space, electric baseboard heat, in-unit hot water heaters, and copper wiring; the latter spans approximately 19,000 square feet and uses a central steam boiler with gas-fired hot water.

The assets are located within minutes of one another in Reading, Pennsylvania, supporting coordinated property operations. Existing utility arrangements vary by building, with tenants paying certain electric, heat, or cooking-gas costs while ownership covers specified water or central heating expenses. The portfolio includes brick, stone veneer, and stucco exteriors, along with roofs replaced within the past five to seven years at select properties.

Key Highlights

  • 31 residential units and 1 commercial space across 3 nearby Reading properties
  • 17 and 19 South 3rd Street contain 10 apartment units in adjacent three‑story brick buildings
  • 1259 North 10th Street includes 9 apartments and 1 ground‑floor commercial space

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Dental Office Skin Care Clinic Gym & Fitness Center HVAC Service 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

31
Residential units

Location Intelligence

Trade Area within ½ mile

752
Businesses Nearby

Demographics for 19604, PA

29,347
Population
10,089
Households
2.9
Avg Household Size
29
Median Age
10%
College-Educated
70%
High-School Grad
2.5 sq mi
ZIP Area
11,739
Density / Sq Mi
$52,863
Median Household Income
$30,975
Median Earnings
$1,100
Median Rent
$110,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Apartment building - Three nearby multifamily assets combine residential units, a ground-floor commercial space, and established brick construction.
Where is this apartment building located?
The property is located at 831 N 10th St Reading, PA.
What is the asking price?
The asking price for this property is $1,325,000.
What are key features of this property?
This property features: 31 residential units and 1 commercial space across 3 nearby Reading properties; 17 and 19 South 3rd Street contain 10 apartment units in adjacent three‑story brick buildings; 1259 North 10th Street includes 9 apartments and 1 ground‑floor commercial space
More about this property
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