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Asking Price - $879,900
Days on Market - 224
238 S 5th Street
Reading, PA 19602
Featured Agent
EveryHome Realtor
Asking Price
$879,900
Days on Market
224
# of Units
4
1 Bdrm Units
4
2 Bdrm Units
5
Acres
0.14
Interior SqFt
6,206
Age
125
Heating
N/A
Cooling
N/A
Water
Public
Sewer
Public
Garages
0
Taxes (2024)
10,497
Additional Details Below
EveryHome Realtor
Views: 164
Featured Agent
EveryHome Realtor
Description
Excellent investment opportunity in the heart of Reading! This parcel consists of two buildings totaling nine (9) residential units — a front building with seven units and a rear building with two units Each building is equipped with efficient gas heating, keeping utility costs manageable and appealing to tenants. The property offers a mix of at least four (4) two-bedroom units and the remaining units are large one-bedroom units, each featuring a separate bedroom, living room, and eat-in kitchen (Buyer to verify). With room to raise rents and the potential to split heating, this property presents a fantastic value-add opportunity for any investor. The buildings have historically maintained a high occupancy rate, supported by their location on a high-traffic street that ensures consistent rental demand. Whether you’re looking to expand your portfolio or start building one, this property has plenty of upside, income growth potential, and long-term stability. Bring an offer! Motivated seller—room to negotiate with a fair and reasonable offer.
Location
Driving Directions
Right on Penn St and Right onto S 5th St
Listing Details
Summary
Architectural Type
•Victorian
Interior Features
Flooring
•Carpet, Hardwood, Tile/Brick, Vinyl, Wood
Appliances
•Stove, Washer
Exterior Features
Exterior Features
•Play Area, Porch(es), Brick
Utilities
Additional Utilities
•Electric Available, Natural Gas Available, Sewer Available, Water Available
Property History
Oct 9, 2025
Price Decrease
$889,900 to $879,900 (-1.12%)
Oct 7, 2025
Price Decrease
$899,900 to $889,900 (-1.11%)
Aug 21, 2025
Price Decrease
$919,900 to $899,900 (-2.17%)
Jun 25, 2025
Price Decrease
$949,900 to $919,900 (-3.16%)
May 14, 2025
Price Decrease
$959,900 to $949,900 (-1.04%)
Miscellaneous
Lattitude : 40.331050
Longitude : -75.928580
MLS# : PABK2054900
Views : 164
Listing Courtesy: Jimmy Thelusca of Pagoda Realty
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Notes
Page: © 2025 EveryHome, Realtors, All Rights Reserved.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2025 Bright MLS, Inc.
Presentation: © 2025 EveryHome, Realtors, All Rights Reserved. EveryHome is licensed by the Pennsylvania Real Estate Commission - License RB066839
Real estate listings held by brokerage firms other than EveryHome are marked with the IDX icon and detailed information about each listing includes the name of the listing broker.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale.
Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. For information on those properties withheld from the internet, please call 215-699-5555
