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For sale
  • $994,000

    145 Spring Valley Rd, Reading, PA 19605

    10beds
    7baths
    --sqft
    : 
    Multi Family
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Strong curb appealThree garagesAmple on-site parking
    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.
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    Zillow last checked:

    Listing updated:

    Listed by:

    David Baez 484-824-8874,

    EXP Realty, LLC 8883977352

    Source: Bright MLS,MLS#: PABK2070798MLS Logo

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      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
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        4/16/2026Listed 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
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          Climate risks

          Neighborhood: 19605

          Getting around

          63 / 100
          Somewhat Walkable
          21 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          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.

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