Investors and house hackers — the math on this one just got better. We pulled 316 S 8th Street off-market briefly to rehab every unit to rent-ready, and we dropped the price $25K to $274,900. So you're now buying a turnkey, fully vacant 4-unit in one of PA's most renter-hungry markets — 60% of households rent, studios are pulling $875–$1,100/mo and 2-bedrooms are pushing $1,200–$1,500+. Run the numbers: rent-ready from day one means no rehab lift and no lag to cash flow. Lease all four at market for a gross rent roll of $3,825–$4,800+/mo — roughly $45K–$57K a year against a $274,900 buy. Every unit has its own separate electric heat and each tenant pays their own utilities, so operating expenses stay lean and net income stays fat. No utility bills eating your returns. Still maximum flexibility: stack all four for income, or move into the 2-bedroom and let three tenants cover your mortgage while you build equity. And because it's delivered vacant, there are no inherited leases and no inherited headaches — you price every unit at today's market the day you close. Demand in this market isn't slowing. Clean turnkey rental play, rent-ready, priced to move at $274,900. Offers due Friday, July 4th — call or text now to schedule your showing and get the full unit-by-unit numbers. Bring proof of funds or pre-approval with your offer.
For sale
$274,900
316 S 8th St, Reading, PA 19602
5beds
--baths
2,134sqft
Townhouse
Built in 1900
-- sqft lot
$-- Zestimate®
$129/sqft
$-- HOA
What's special
- 71 days |
- 402 |
- 28 |
Zillow last checked:
Listing updated:
Listed by:
Jose Vazquez 610-510-4445,
Light House Realtors, LLC (484) 273-0056
Source: Bright MLS,MLS#: PABK2071194
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
Basement
- Area: 0
Heating
- Baseboard, Electric
Cooling
- None
Appliances
- Included: Electric Water Heater
Features
- Has fireplace: No
Interior area
- Total structure area: 2,134
- Total interior livable area: 2,134 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 1,306 Square Feet
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 02530636984308
- Zoning: RESIDENTIAL
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Townhouse
Materials
- Brick
- Foundation: Brick/Mortar
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available
Community & HOA
Location
- Region: Reading
- Municipality: READING CITY
Financial & listing details
- Price per square foot: $129/sqft
- Tax assessed value: $26,700
- Annual tax amount: $1,232
- Date on market: 4/23/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
$1,681/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/25/2026 | Listed for sale | $274,900-8.3%$129/sqft |
Source: | ||
| 6/1/2026 | Listing removed | $299,900$141/sqft |
Source: | ||
| 4/23/2026 | Listed for sale | $299,900+139.9%$141/sqft |
Source: | ||
| 9/14/2021 | Sold | $125,000+733.3%$59/sqft |
Source: Public Record Report a problem | ||
| 5/9/2013 | Sold | $15,000$7/sqft |
Source: Public Record Report a problem | ||
| 4/20/2011 | Sold | $15,000-24.6%$7/sqft |
Source: Public Record Report a problem | ||
| 11/6/2010 | Listed for sale | $19,900-81%$9/sqft |
Source: Exit Diamond Realty #5788017 Report a problem | ||
| 10/24/2006 | Sold | $105,000+320%$49/sqft |
Source: Public Record Report a problem | ||
| 5/31/2005 | Sold | $25,000$12/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,203 +1.5% | $26,700 |
| 2024 | $1,186 +1.6% | $26,700 |
| 2023 | $1,167 | $26,700 |
| 2022 | $1,167 | $26,700 |
| 2021 | $1,167 +1% | $26,700 |
| 2020 | $1,155 | $26,700 |
| 2019 | $1,155 | $26,700 |
| 2018 | $1,155 +0.7% | $26,700 |
| 2017 | $1,148 +75% | $26,700 |
| 2016 | $656 +8.7% | $26,700 |
| 2015 | $603 | $26,700 |
| 2014 | -- | $26,700 |
| 2013 | -- | $26,700 |
| 2012 | -- | $26,700 |
| 2011 | -- | $26,700 |
| 2010 | -- | $26,700 |
| 2009 | -- | $26,700 |
| 2008 | -- | $26,700 |
| 2007 | -- | $26,700 |
| 2006 | -- | $26,700 |
| 2005 | -- | $26,700 |
| 2004 | -- | $26,700 |
| 2003 | -- | $26,700 |
| 2002 | -- | $26,700 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 19602
Nearby schools
GreatSchools rating
- 3/10Southern Middle SchoolGrades: 5-8Distance: 0.3 mi
- 1/10Reading Senior High SchoolGrades: 9-12Distance: 1.3 mi
- 2/10Amanda E Stout Elementary SchoolGrades: PK-4Distance: 0.3 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
- Pennsylvania
- Berks County
- Reading
- 19602
- 316 S 8th St




