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For sale
    • Price cut: $5K (7/23)
    $309,900

    1038 Walnut St, Reading, PA 19601

    4beds
    1,355sqft
    : 
    $2,081/mo
    Get pre-qualified
    Townhouse
    Built in 1900
    1,306 Square Feet Lot
    $305,900 Zestimate®
    $229/sqft
    $-- HOA

    What's special

    Gas boiler heat
    Excellent investment opportunity! Multi-Family with three residential units. The property features a tenant-occupied 1-bedroom unit currently rented for $800/month, with the tenant paying electric heat, hot water, and electric stove. The 1st floor rear studio unit is vacant, recently updated, and has a projected rent of approximately $1,100/month. The 2nd floor host a spacious vacant 2-bedroom unit, offers gas boiler heat and electric hot water. The property includes four separate utility meters, providing ease of management and tenant utility responsibility. Each tenant pays their own electric, hot water and heat. Ideal for investors or owner-occupants looking to generate strong rental income. Live in 1 for free, use the other 2 to cover the mortgage. Schedule a showing!
    50 days
    |
    307
    |
    24
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jorge Diaz 610-507-4933,

    Light House Realtors, LLC (484) 273-0056

    Source: Bright MLS,MLS#: PABK2073908MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      • Main level bathrooms: 2
      • Main level bedrooms: 2
      Basement
      • Area: 0
      Heating
      • Forced Air, Natural Gas
      Cooling
      • None
      Appliances
      • Included: Gas Water Heater
      Features
      • Basement: Other
      • Has fireplace: No
      Interior area
      • Total structure area: 1,355
      • Total interior livable area: 1,355 sqft
      • Finished area above ground: 1,355
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: On Street
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Three
      • Stories: 3
      • Pool features: None
      Lot
      • Size: 1,306 Square Feet
      Details
      • Additional structures: Above Grade, Below Grade
      • Parcel number: 08531769019278
      • Zoning: MULT FAMILY
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: Townhouse
      • Architectural style: Other
      • Property subtype: Townhouse
      Materials
      • Vinyl Siding, Aluminum Siding
      • Foundation: Other
      Condition
      • New construction: No
      • Year built: 1900

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Reading
      HOA
      • Has HOA: No
      Location
      • Region: Reading
      • Municipality: READING CITY

      Financial & listing details

      • Price per square foot: $229/sqft
      • Tax assessed value: $29,200
      • Annual tax amount: $1,348
      • Date on market: 6/19/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Conventional,Cash
      • Ownership: Fee Simple

        Estimated market value

        $305,900

        $291,000 - $321,000

        $1,974/mo

        Price history

        DateEventPrice
        7/23/2026Price change$309,900-1.6%$229/sqft
        Source: Bright MLS #PABK2073908 Report a problem
        7/8/2026Price change$314,900-1.6%$232/sqft
        Source: Bright MLS #PABK2073908 Report a problem
        7/3/2026Price change$319,900-1.4%$236/sqft
        Source: Bright MLS #PABK2073908 Report a problem
        6/30/2026Price change$324,500-0.2%$239/sqft
        Source: Bright MLS #PABK2073908 Report a problem
        6/19/2026Listed for sale$325,000+71.1%$240/sqft
        Source: Bright MLS #PABK2073908 Report a problem
        1/16/2026Sold$190,000+388.4%$140/sqft
        Source: Public Record Report a problem
        7/10/2012Listing removed$38,900$29/sqft
        Source: Prudential Landis Homesale Services #5982380 Report a problem
        6/7/2012Price change$38,900-2.5%$29/sqft
        Source: Prudential Landis Homesale Services #5982380 Report a problem
        12/15/2011Listed for sale$39,900-24.6%$29/sqft
        Source: Prudential Landis Homesale Services #5982380 Report a problem
        10/14/2011Listing removed$52,900$39/sqft
        Source: Prudential Landis Homesale Services #5873431 Report a problem
        9/14/2011Price change$52,900-15.9%$39/sqft
        Source: Prudential Landis Homesale Services #5873431 Report a problem
        4/21/2011Listed for sale$62,900+319.3%$46/sqft
        Source: Prudential Landis Homesale Services #5873431 Report a problem
        6/29/2001Sold$15,000$11/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,316 +1.5%$29,200
        2024$1,297 +1.6%$29,200
        2023$1,277 $29,200
        2022$1,277 $29,200
        2021$1,277 +1%$29,200
        2020$1,264 $29,200
        2019$1,264 $29,200
        2018$1,264 +0.7%$29,200
        2017$1,255 +75%$29,200
        2016$717 +8.7%$29,200
        2015$660 $29,200
        2014-- $29,200
        2013-- $29,200
        2012-- $29,200
        2011-- $29,200
        2010-- $29,200
        2009-- $29,200
        2008-- $29,200
        2007-- $29,200
        2006-- $29,200
        2005-- $29,200
        2004-- $29,200
        2003-- $29,200
        2002-- $29,200
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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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        Climate risks

        Neighborhood: 19601

        Getting around

        89 / 100
        Very Walkable
        49 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Reading

        Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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