For sale

Price cut: $20K (5/4)

$495,000

1027 Walnut St, Reading, PA 19601

5beds

--baths

4,920sqft

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Townhouse

Built in 1900

-- sqft lot

$-- Zestimate^®

$101/sqft

$-- HOA

What's special

Calling all investors! 5 Residential Units now available on Walnut St. High traffic count and Central location makes residential units easy to rent. Excellent cash flow for the savvy investor. Current Rental / Lease Income Per Unit/Per Month: Unit/Apartment 1: $900 Unit/Apartment 2: $1200 Unit/Apartment 3: $750 Unit/Apartment 4: $850 Unit/Apartment 5: $850. Can be purchased individually or in a package deal with up to 19 Total Units. Please reach out for additional details and/or to schedule a walkthrough.

306 days

110

3

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5

Heating

Baseboard, Forced Air, Electric

Cooling

None

Appliances

Included: Electric Water Heater, Gas Water Heater

Features

Flooring: Tile/Brick, Vinyl
Basement: Full
Has fireplace: No

Interior area

Total structure area: 4,920
Total interior livable area: 4,920 sqft

Property

Parking

Parking features: Public, On Street
Has uncovered spaces: Yes

Accessibility

Accessibility features: None

Features

Pool features: None

Lot

Size: 1,742 Square Feet

Details

Additional structures: Above Grade
Parcel number: 09531769018452
Zoning: COMM
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Traditional
Property subtype: Townhouse

Materials

Brick
Foundation: Other

Condition

New construction: No
Year built: 1900

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Available, Natural Gas Available

Community & HOA

Location

Region: Reading
Municipality: READING CITY

Financial & listing details

Price per square foot: $101/sqft
Tax assessed value: $36,900
Annual tax amount: $1,663
Date on market: 8/22/2025
Listing agreement: Exclusive Right To Sell
Listing terms: Bank Portfolio,Cash,Conventional,Wrap
Ownership: Fee Simple
Income includes: Apartment Rentals

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
5/4/2026	Price change	$495,000-3.9%$101/sqft
Source: Bright MLS #PABK2061772 Report a problem
1/5/2026	Price change	$515,000-3.7%$105/sqft
Source: Bright MLS #PABK2061772 Report a problem
11/1/2025	Price change	$534,900-2.7%$109/sqft
Source: Bright MLS #PABK2061772 Report a problem
8/22/2025	Listed for sale	$550,000+214.3%$112/sqft
Source: Bright MLS #PABK2061772 Report a problem
9/29/2021	Listing removed	$175,000$36/sqft
Source: Bright MLS #PABK2002542 Report a problem
9/2/2021	Pending sale	$175,000$36/sqft
Source: Bright MLS #PABK2002542 Report a problem
8/30/2021	Listed for sale	$175,000$36/sqft
Source: Bright MLS #PABK2002542 Report a problem
8/6/2021	Pending sale	$175,000$36/sqft
Source: Bright MLS #PABK2002542 Report a problem
8/5/2021	Listed for sale	$175,000$36/sqft
Source: Bright MLS #PABK2002542 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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