Rare opportunity to acquire a detached 7-unit investment property offering strong cash flow, low expenses, and long-term stability. This well-maintained building features a solid tenant base with mostly long-term occupants, delivering consistent monthly income of $8,970 with minimal annual expenses of just $14,211. Designed for efficiency, each unit is separately metered with tenants paying their own electric and heat, significantly reducing owner overhead. Every unit is equipped with a high-efficiency combi system providing heat and on-demand hot water—eliminating traditional tanks while offering modern, reliable performance. The property also includes three garages, creating additional income potential, along with ample on-site parking for tenants and extra spaces that can be rented for added revenue. As a detached building, it offers privacy, strong curb appeal, and ease of management compared to attached properties. Located in the highly desirable Muhlenberg School District, this property benefits from strong rental demand and convenient access to major routes, shopping, and everyday amenities. A true turnkey, income-producing asset with excellent fundamentals and upside potential—ideal for any investor looking to expand their portfolio.
For sale
$994,000
145 Spring Valley Rd, Reading, PA 19605
10beds
7baths
--sqft
Est.:
Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Strong curb appealThree garagesAmple on-site parking
- 2 days |
- 77 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
David Baez 484-824-8874,
EXP Realty, LLC 8883977352
Source: Bright MLS,MLS#: PABK2070798
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 7
Basement
- Area: 0
Heating
- Hot Water, Natural Gas
Cooling
- None
Appliances
- Included: Instant Hot Water
Features
- Flooring: Carpet, Laminate, Vinyl
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Parking
- Total spaces: 23
- Parking features: Garage Faces Rear, Off Street, Parking Lot, Detached
- Garage spaces: 3
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 9,147 Square Feet
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 66531809153812
- Zoning: 6 UNIT COMM
- Zoning description: Commercial
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Frame
- Foundation: Permanent
- Roof: Flat,Shingle,Pitched
Condition
- Good
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: None Available
Location
- Region: Reading
- Municipality: MUHLENBERG TWP
Financial & listing details
- Tax assessed value: $100,000
- Annual tax amount: $5,222
- Date on market: 4/15/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Inclusions: 6 Ranges 6 Refrigerators
- Exclusions: Personal Property
- Ownership: Fee Simple
- Total actual rent: 107640
- Income includes: Apartment Rentals, Parking
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/16/2026 | Listed for sale | $994,000 |
Source: eXp Realty #PABK2070798 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
$6,040/mo
Principal & interest
$4789
Property taxes
$1251
More affordability tools
Climate risks
Neighborhood: 19605
Nearby schools
GreatSchools rating
- 5/10C E Cole Intermediate SchoolGrades: 4-6Distance: 1.2 mi
- 3/10Muhlenberg Middle SchoolGrades: 7-9Distance: 1 mi
- 3/10Muhlenberg High SchoolGrades: 10-12Distance: 1.3 mi
Schools provided by the listing agent
- Middle: Muhlenberg
- High: Muhlenberg
- District: Muhlenberg
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.
A local lender can help you make sure your offer is ready when you are.
- Pennsylvania
- Berks County
- Reading
- 19605
- 145 Spring Valley Rd





