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1038 Walnut Street photo 1
for sale
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$324,500

4beds
|
3baths
|
1,355sqft
|
1900built
1038 Walnut Street,Reading, PA 19601

Est.$2,134/moCustomize payment

What's special

$239/sqft

Price per square foot

Built in 1900

126 years old

Overview

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 rear studio unit is vacant, recently updated, and has a projected rent of approximately $1,100/month. The spacious vacant 2-bedroom second-floor unit offers gas boiler heat and electric hot water. The property includes four separate utility meters, providing ease of management and tenant utility responsibility. Ideal for investors or owner-occupants looking to...

Listing updated: June 29, 2026 at 9:31 PM

Listed by:

Jorge Diaz Jr. 6105074933, Light House Realtors, LLC

Source: Bright MLS · MLS #PABK2073908Bright MLS

Property details

Cost estimate

Est. monthly payment

$1,922/mo
Principal & interest
$1,701
Property tax
$112
Home insurance (est.)
$108

Down payment

$64,90020% of list price
Adjust down payment20%
0%25%50%

Based on 20% down ($64,900), 6.85% interest rate, 30-year fixed. Insurance is an estimate. Actual costs may vary.

Rates provided by Mable Loans.

Customize scenario

Price history

DateEventPrice
Jun 30, 2026Price reduced$324,500($500)
Jun 19, 2026Listed for sale$325,000

Location

1038 Walnut Street, Reading, PA 19601

Recently sold nearby

Similar homes sold within 0.5 miles in the last 90 days.

This home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors.

Nearby homes

$324,500

4 beds · 3 baths · 1,355 sqft

Bright MLS

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange (IDX) program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Samson Properties participates, and is provided by BRIGHT through a licensing agreement. © 2026 Bright MLS, All Rights Reserved. Information deemed reliable but not guaranteed. 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 Closed or are no longer being offered for sale. Data last updated: 7/2/2026.