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Sold for $500,000
  • $500,000

    24 Philadelphia Ave, Reading, PA 19607

    6beds
    --baths
    --sqft
    Multi Family
    Built in 1900
    -- sqft lot
    $507,500 Zestimate®
    $--/sqft
    $1,097 Estimated rent

    Home value

    $507,500

    $467,000 - $548,000

    $1,097/mo

    Zestimate® history
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    Owner options

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    $1,097/mo

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    $1,097/mo

    Rent Zestimate®

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    $3,363/mo

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    $3,363/mo

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    What's special

    Very rare 5 unit rental property in the heart of Shillington, Current annual rents total $58,200 with several units being under market value. 4 one bedroom units and 1 two bedroom unit. Gas heat and hot water paid by owner, trash and recycling paid by tenants. This would be a great starter property for the new investor or solid addition to a seasoned investors portfolio. Property is within walking distance to all major amenities and public transportation and when a unit does become available it is unusually rented within days. Property just passed the Shillington rental codes inspection.

    Zillow last checked:

    Listing updated:

    Listed by:

    Ed Freeman 610-334-9678,

    BHHS Homesale Realty- Reading Berks,

    Co-Listing Agent: Teri Lutz Freeman 610-750-1444,

    BHHS Homesale Realty- Reading Berks

    Bought with:

    NON MEMBER, 0225194075

    Non Subscribing Office

    Source: Bright MLS,MLS#: PABK2064232MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    Basement
    • Area: 0
    Heating
    • Radiator, Natural Gas
    Cooling
    • None, Electric
    Appliances
    • Included: Gas Water Heater
    Features
    • Has fireplace: No
    Interior area
    • Total structure area: 0

    Property

    Parking
    • Parking features: None
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Lot
    • Size: 7,840 Square Feet
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 77439507782074
    • Zoning: MIXED USE COMMERCIAL
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Other
    • Roof: Pitched,Shingle
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Electric: 200+ Amp Service
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Reading
    • Municipality: SHILLINGTON BORO

    Financial & listing details

    • Tax assessed value: $100,300
    • Annual tax amount: $4,942
    • Date on market: 10/14/2025
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    7/3/2026Listing removed$900
    Source: Zillow Rentals Report a problem
    6/10/2026Listed for rent$900-18.2%
    Source: Zillow Rentals Report a problem
    5/21/2026Sold$500,000+0.2%
    Source: Bright MLS #PABK2064232 Report a problem
    3/17/2026Pending sale$499,000
    Source: Bright MLS #PABK2064232 Report a problem
    3/6/2026Listing removed$499,000
    Source: Berkshire Hathaway HomeServices Homesale Realty #PABK2064232 Report a problem
    12/18/2025Listing removed$1,100
    Source: Zillow Rentals Report a problem
    12/4/2025Price change$1,100-4.3%
    Source: Zillow Rentals Report a problem
    11/20/2025Price change$499,000-2.2%
    Source: Bright MLS #PABK2064232 Report a problem
    11/20/2025Price change$1,150-8%
    Source: Zillow Rentals Report a problem
    11/5/2025Pending sale$510,000
    Source: Bright MLS #PABK2064232 Report a problem
    11/2/2025Listing removed$510,000
    Source: Bright MLS #PABK2064232 Report a problem
    10/30/2025Price change$1,250-3.8%
    Source: Zillow Rentals Report a problem
    10/29/2025Price change$510,000-4.7%
    Source: Bright MLS #PABK2064232 Report a problem
    10/22/2025Price change$1,300-7.1%
    Source: Zillow Rentals Report a problem
    10/14/2025Listed for sale$535,000
    Source: Bright MLS #PABK2064232 Report a problem
    9/16/2025Listed for rent$1,400+75%
    Source: Zillow Rentals Report a problem
    4/4/2025Listing removed$800
    Source: Zillow Rentals Report a problem
    3/31/2025Listed for rent$800-23.8%
    Source: Zillow Rentals Report a problem
    11/23/2024Listing removed$1,050
    Source: Zillow Rentals Report a problem
    11/8/2024Listed for rent$1,050+35.5%
    Source: Zillow Rentals Report a problem
    1/16/2024Listing removed--
    Source: Zillow Rentals Report a problem
    1/2/2024Listed for rent$775+10.7%
    Source: Zillow Rentals Report a problem
    10/31/2023Listing removed--
    Source: Zillow Rentals Report a problem
    10/10/2023Listed for rent$700
    Source: Zillow Rentals Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 19607

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Governor Mifflin

    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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    Estimated market value
    $507,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $507,500