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For sale
  • $274,900

    316 S 8th St, Reading, PA 19602

    5beds
    --baths
    2,134sqft
    : 
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    Townhouse
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $129/sqft
    $-- HOA

    What's special

    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.
    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#: PABK2071194MLS Logo

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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

        DateEventPrice
        6/25/2026Listed for sale$274,900-8.3%$129/sqft
        Source: Bright MLS #PABK2071194 Report a problem
        6/1/2026Listing removed$299,900$141/sqft
        Source: Bright MLS #PABK2071194 Report a problem
        4/23/2026Listed for sale$299,900+139.9%$141/sqft
        Source: Bright MLS #PABK2071194 Report a problem
        9/14/2021Sold$125,000+733.3%$59/sqft
        Source: Public Record Report a problem
        5/9/2013Sold$15,000$7/sqft
        Source: Public Record Report a problem
        4/20/2011Sold$15,000-24.6%$7/sqft
        Source: Public Record Report a problem
        11/6/2010Listed for sale$19,900-81%$9/sqft
        Source: Exit Diamond Realty #5788017 Report a problem
        10/24/2006Sold$105,000+320%$49/sqft
        Source: Public Record Report a problem
        5/31/2005Sold$25,000$12/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

        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

        Getting around

        87 / 100
        Very Walkable
        56 / 100
        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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