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238 S 5Th Street Reading, PA $ 879,900
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$ 879,900 Get more info
238 S 5Th Street
$ 879,900
Back to search
Share Save

238 S 5Th Street

Reading, PA, 19602
$ 879,900
Bedrooms14 Baths0.0

Monthly Estimate*

$ 5,489

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Multi-Family Home for sale in Reading, PA

for $879,900 with 14 bedrooms. This home was built in 1900 on a lot size of 0.14.

Excellent investment opportunity in the heart of Reading! This parcel consists of two buildings totaling nine (9) residential units a front building with seven units and a rear building with two units. Each building is equipped with efficient gas heating, keeping utility costs manageable and appealing to tenants. The property offers a mix of at least four (4) two-bedroom units and the remaining units are large one-bedroom units, each featuring a separate bedroom, living room, and eat-in kitchen (Buyer to verify). With room to raise rents and the potential to split heating, this property presents a fantastic value-add opportunity for any investor. The buildings have historically maintained a high occupancy rate, supported by their location on a high-traffic street that ensures consistent rental demand. Whether youre looking to expand your portfolio or start building one, this property has plenty of upside, income growth potential, and long-term stability. Bring an offer! Motivated sellerroom to negotiate with a fair and reasonable offer.

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Multi-Family Active

Price

$ 879,900

Bedrooms

14

Property Type

Multi-Family

Taxes

$ 10,497

Style

Victorian

Lot Size

0.14

Year Built

1900

Town/City

Reading

County/Region

Berks

MLS | Web ID

PABK2054900
Features
General
Living Area 6206
Sewer Public Sewer
Heating Other
Cooling None
Utilities Electric Available Natural Gas Available Sewer Available Water Available
Possession Immediate
Roof Other
Appliances Stove Washer
Zoning MULTI
Patio/Porch Features Porch(es)
Architectural Style Victorian
Construction Materials Brick
School District READING
Year Built 1900
Electric Other
Property Subtype Other
Tax Year 2024
Ownership Fee Simple
Cool Fuel None
Municipality READING CITY
Accessibility None
County BERKS
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions Right on Penn St and Right onto S 5th St
City READING
Number Of Units Total 4
MLS Area Reading City (10201)
Lot Size Units Square Feet
Lot Size Square Feet 6098.00
Number of Units Leased 9
Tax Annual Amount 10497.0
Two Bedroom 5
Structure Type Interior Row/Townhouse
Price Per Sq Ft Total AG 141.78
Acceptable Financing Cash Conventional
Rent Control Y/N N
Vacation Rental Y/N N
Location Type Downtown
Lease Type Month to Month Yearly
Standard Status Active
Year Built Source Estimated
Tax Lot 6684
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Interior
Heating Fuel Other
Basement Full
Flooring Carpet Hardwood Tile/Brick Vinyl Wood Other
Hot Water Other
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N N
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Exterior
Exterior Amenities Play Area
Pool No Pool
Lot Features Other
Water Source Public
Type of Parking On Street
Foundation Details Other
Water View Y/N N
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.14
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 61800.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 238
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* Excluded Features
List By
Pagoda Realty

Broker

jthelusca@pagodarpm.com

Email

Affordability Calculator

$6,364
Per Month
86%
14%
0%
Monthly Principal & Interest
$5,489
Monthly Property Taxes
$875
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2183915 Elementary School
2183912 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/9/2025$879,900 -1.12% Price Down
10/7/2025$889,900 -1.11% Price Down
8/22/2025$899,900 -2.17% Price Down
6/25/2025$919,900 -3.16% Price Down
5/15/2025$949,900 -1.04% Price Down
3/20/2025$959,900 Listed Price

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238 S 5Th Street, Reading, PA, 19602 is a Multi-Family Home for sale at $879,900 with a lot size of 0.14. 238 S 5Th Street has 14 bedrooms, 0.0 baths, and was built in 1900. The property's zip code is 19602 which is in Reading, PA

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