- Overview
- Description
- Property Details
- Location
- Facts & Features
- Getting Around





Street View
$899,900
Monthly Est:$4,479
-- Bed
- -- Bath
--sqft
145 Spring Valley Rd, Reading, PA 19605
$899,900
$4,479/moEst:
Get Pre-Approved
Multi Family
Built in 1900
$-- HOA
9,147 sqft lot
--/sqft
Description
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.
- Houzeo last checked: 10 minutes ago
- Listing updated: June 8, 2026 at 3:47 pm
- Listing Provided by: David Baez (484) 824-8874 | EXP Realty, LLC (888) 397-7352
- Source: Bright MLS-NJ | MLS#: PABK2070798

Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1900
HOA Fees
-
Finished Area
- sqft
Lot Size
9,147 sqft lot
Basement Area
- sqft
MLS Name
Bright MLS
MLS Number
PABK2070798
MLS Status
ACTIVE-BRIGHT
Days on Market
55

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Cooling
None
Flooring
Carpet, Laminate Plank, Vinyl
Heating
Hot Water
Sewer
Public Sewer
Construction
Year Built
Year Built: 1900
Home type
Multi Family
Foundation Details
Permanent
Property Condition
Good
Roof
Flat, Shingle, Pitched
Construction Materials
Frame
Architectural Style
Other
Utilities & Energy
Basement
Full
Electric
100 Amp Service
Water Source
Public
Other Features
Subdivision Name
None Available
Price History
| Date | Event | Price |
|---|---|---|
05/08/2026 Source: | Price Increased | $944,900 +5.00% $0/sqft |
04/15/2026 Source: | Price Decreased | $899,900 -9.47% $0/sqft |
04/15/2026 Source: | Listed for Sale | $994,000 $0/sqft |
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