Multifamily

Reading, PA Multifamily Properties for Sale

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Hazleton, PA Wyomissing, PA Muhlenberg Township, PA Shillington, PA Mount Penn, PA Leesport, PA Sinking Spring, PA Birdsboro, PA
58 properties
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Six-Unit Apartment Building
Updated: Apr 10
Six-Unit Apartment Building

1601 MINERAL SPRING Road, Reading, PA 19602

$565,000
6,775 sqft 0.12 AC lot
Six two‑bedroom, one‑bath apartment units
6,775 square feet on 0.12 acres
Dedicated off‑street parking lot for approximately 12 vehicles
Newer roof and updated mechanical systems
Tenants pay heat, electric, and hot water
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Brick Duplex with Two Units
Updated: Aug 23
Brick Duplex with Two Units

1388 PERKIOMEN Avenue, Reading, PA 19602

$264,900
2,425 sqft 0.06 AC lot
Two‑unit building with 2,425 square feet
First‑floor unit includes 2 bedrooms
Upper residence contains 4 bedrooms across the 2nd and 3rd floors
Fully rented at the time of listing
Brick construction with hot‑water heating
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3-Unit Brick Triplex
3-Unit Brick Triplex

1016 N 11TH Street, Reading, PA 19604

$349,000
1,844 sqft 0.04 AC lot

Three apartment units are complemented by a separately rented rear garage and a porch overlooking the city.

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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Mixed-Use Property Portfolio
Mixed-Use Property Portfolio

828 BINGAMAN STREET, Reading, PA 19602

$500,000
4,000 sqft

Three buildings combine apartment units, a leased storefront, and rental garages under one deed.

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Brick Duplex with Full Basement
Brick Duplex with Full Basement

212 S 3RD Street, Reading, PA 19602

$265,000
2,492 sqft 0.06 AC lot

Two residential units include three- and two-bedroom layouts with electric baseboard heating.

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Renovated Duplex with Parking
Renovated Duplex with Parking

265 N FRONT Street, Reading, PA 19601

$249,000
1,692 sqft 0.04 AC lot

Brick construction, off-street parking, and tenant-paid utilities define the property.

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Stone Triplex
Stone Triplex

1642 MINERAL SPRING Road, Reading, PA 19602

$349,900
2,538 sqft 0.05 AC lot

Three separate residential units are housed in a single building.

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Six-Unit Apartment Building with Parking
Six-Unit Apartment Building with Parking

1601 Mineral Spring Rd, Reading, PA 19602

$575,000
6,775 sqft

Multifamily property with updated systems, dedicated off-street parking, and tenant-paid heat, electric, and hot water.

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Two-Unit Duplex with Garage
Two-Unit Duplex with Garage

120 W ELM Street, Reading, PA 19601

$175,000
1,080 sqft 0.04 AC lot

Separate utility meters serve the two one-bedroom apartments.

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Quadplex with Unfinished Basement
Quadplex with Unfinished Basement

548 S 7TH Street, Reading, PA 19602

$599,900
0.07 AC lot

The property combines apartments with individually rented rooms and an unfinished basement.

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31-Unit Apartment Portfolio
31-Unit Apartment Portfolio

17-19 S 3RD ST, Reading, PA 19602

$950,000
5,288 sqft

Three nearby buildings combine apartment units with a ground-floor commercial space and multiple established building systems.

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Multifamily Portfolio with Retail Space
Multifamily Portfolio with Retail Space

17 17-19 S 3rd St, Reading, PA 19602

$950,000
5,288 sqft

Fee-simple portfolio includes three brick apartment buildings totaling 31 units plus one ground-floor commercial space.

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Two-Unit Duplex with Separate Entrances
Two-Unit Duplex with Separate Entrances

2601 HOLLYWOOD COURT, Reading, PA 19606

$285,000
1,863 sqft

Two distinct living spaces include an unfinished basement, walk-up attic, and attached garage.

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Mixed-Use Building with Storefront
Mixed-Use Building with Storefront

226 N 10th St, Reading, PA 19601

$650,000
3,000 sqft

Well-maintained mixed-use building with a vacant storefront and seven residential units, including one apartment in progress.

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Duplex with Rear Driveway
Duplex with Rear Driveway

732 N 10th St, Reading, PA 19604

$249,900
2,064 sqft

Two apartments combine a renovated upper unit with a lower residence retaining original hardwood flooring.

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Two-Unit Duplex with Updated Residence
Two-Unit Duplex with Updated Residence

412 Spruce St, Reading, PA 19602

$229,900
1,704 sqft

Separate residences include a first-floor one-bedroom unit and a recently refreshed two-bedroom unit across two upper levels.

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Approved 18-Unit Multifamily Project
Approved 18-Unit Multifamily Project

416 416, 418, 420 Walnut St, Reading, PA 19601

$425,000
9,129 sqft

Approved 18-unit multifamily project in Reading, Pennsylvania.

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5-Unit Apartment Building
5-Unit Apartment Building

846 Bingaman St, Reading, PA 19602

$445,000
2,610 sqft

All apartments are occupied, with professional management and staggered lease expirations.

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Turnkey Multifamily Income Property
Turnkey Multifamily Income Property

525 Penn St, Reading, PA 19601

$1,175,000
14,837 sqft

Six-unit multifamily building with central air/heat in each unit and a recently replaced roof.

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Five-Unit Apartment Building
Five-Unit Apartment Building

1027 Walnut St, Reading, PA 19601

$470,000
4,920 sqft

Residential income property with five apartments on Walnut Street in Reading.

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5-Unit Apartment Building
5-Unit Apartment Building

1330 Perkiomen Ave, Reading, PA 19602

$470,000
4,418 sqft

Multifamily property with current rental leases on Perkiomen Ave.

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Mixed-Use Property with Garage
Mixed-Use Property with Garage

409 S 4TH STREET, Reading, PA 19602

$450,000
1,700 sqft

Four apartments are paired with a two-story garage occupied by a roofing business.

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Mixed-Use 5-Unit Building
Mixed-Use 5-Unit Building

835 WASHINGTON ST, Reading, PA 19601

$470,000
4,029 sqft

Five-unit property includes a street storefront, four residential units, and a multi-floor garage.

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Two-Unit Duplex Building
Two-Unit Duplex Building

1388 PERKIOMEN AVE, Reading, PA 19602

$264,900
2,425 sqft

Both residences are occupied, with a two-bedroom unit on the first floor and a four-bedroom home across the upper levels.

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Reading, PA Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Reading, PA, showcased through 58 active listings on our real estate platform. These investment opportunities span a total of 199,865 square feet of properties for sale, with an estimated market value of $23,537,599.

Sale prices for multifamily properties in Reading, PA start at $175,000, averaging $420,314, and reaching up to $1,325,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 22
Apartment buildings 20
Triplexes 9
Quadplexes 4

Demographics Overview

Population 227K
Population Growth (5Y) +4.8%
Median Household Income $70,853
College Educated 30.2%

High-Yield Neighborhoods for Investment

Identify Reading submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
19605 $273.5K
19601 $350.2K
19606 $399.9K
19602 $449.9K
19604 $516.2K

Taxes & Financing

Tax Rate (average for all types) 1.63%
Property Tax per SF $17.72 per SF
Tax Rate vs County Average 0.40 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Berks County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Reading fall within the 100,000+ square foot range.

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