316 S 8Th Street Reading, PA $ 299,900
316 S 8Th Street
$ 299,900
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316 S 8Th Street

Reading, PA, 19602
$ 299,900
Bedrooms2 Baths0.0

Monthly Estimate*

$ 1,847

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Multi-Family Home for sale in Reading, PA

for $299,900 with 2 bedrooms. This home was built in 1900 on a lot size of 0.03.

Savvy investors and house hackers this is the one you've been waiting for. This fully vacant 4-unit at 316 S 8th Street is a blank canvas sitting in one of Pennsylvania's most renter-hungry markets, where 60% of households rent and studios are commanding $1,000$1,100/mo with 2-bedrooms pushing $1,600$1,700+ in today's market. Do the math: a light cosmetic refresh fresh floors, clean walls and you're looking at a potential gross monthly rent roll of $4,200$4,500+. Here's where it gets even better every unit has its own separate electric heat and each tenant pays their own utilities, meaning your operating expenses stay lean and your net income stays fat. No utility bills eating into your returns. A true investor's dream structure. Maximum flexibility too: rent all four and stack income, or move into the 2-bedroom, let your three tenants cover your mortgage AND put cash in your pocket every single month live for free while building real wealth. The vacancy isn't a problem it's your power. Every unit is yours to price at peak market rates from day one, no inherited leases, no inherited headaches, just pure upside. In a city where rents have risen nearly 2% year-over-year and demand never sleeps, hesitation is the only mistake you can make. First mover wins here schedule your showing now before the next investor does.

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Multi-Family Active

Price

$ 299,900

Bedrooms

2

Property Type

Multi-Family

Taxes

$ 1,232

Style

Traditional

Lot Size

0.03

Year Built

1900

Town/City

Reading

County/Region

Berks

MLS | Web ID

PABK2071194

Features
General
Living Area 2134
Sewer Public Sewer
Heating Baseboard - Electric
Cooling None
Utilities Electric Available
Possession Immediate
Zoning RESIDENTIAL
Architectural Style Traditional
Construction Materials Brick
School District READING
Year Built 1900
Property Subtype Quadruplex
Tax Year 2025
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 Use GPS
City READING
Disclosures Other
Number Of Units Total 4
MLS Area Reading City (10201)
Lot Size Units Square Feet
Lot Size Square Feet 1306.00
Number of Units Leased 0
Tax Annual Amount 1232.0
Two Bedroom 1
Structure Type Interior Row/Townhouse
Price Per Sq Ft Total AG 140.53
Acceptable Financing Cash Conventional
Rent Control Y/N N
Vacation Rental Y/N N
Lease Type None
Standard Status Active
Year Built Source Assessor
Tax Lot 4308
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Interior
Heating Fuel Electric
Hot Water Electric
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N N
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Exterior
Pool No Pool
Water Source Public
Type of Parking On Street
Foundation Details Brick/Mortar
Water View Y/N N
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.03
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 6600.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 316
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* Excluded Features
List By
Light House Realtors, Llc

Broker

joseshomehub@gmail.com

Email

Affordability Calculator

$1,949
Per Month
95%
5%
0%
Monthly Principal & Interest
$1,847
Monthly Property Taxes
$103
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
Pricing History
DatePricePrice ChangeDescription
4/23/2026$299,900 Listed Price

Map


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316 S 8Th Street, Reading, PA, 19602 is a Multi-Family Home for sale at $299,900 with a lot size of 0.03. 316 S 8Th Street has 2 bedrooms, 0.0 baths, and was built in 1900. The property's zip code is 19602 which is in Reading, PA