For Sale
Multi family home for sale at 145 Spring Valley Rd, Reading, PA 19605 | MLS# PABK2070798 | Listing updated on 2026-06-08
Photo 1 of Multi family home for sale at 145 Spring Valley Rd, Reading, PA 19605 | MLS# PABK2070798 | Listing updated on 2026-06-08
Photo 2 of Multi family home for sale at 145 Spring Valley Rd, Reading, PA 19605 | MLS# PABK2070798 | Listing updated on 2026-06-08
Photo 3 of Multi family home for sale at 145 Spring Valley Rd, Reading, PA 19605 | MLS# PABK2070798 | Listing updated on 2026-06-08
Photo 4 of Multi family home for sale at 145 Spring Valley Rd, Reading, PA 19605 | MLS# PABK2070798 | Listing updated on 2026-06-08
40+
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Street View

$899,900

Monthly Est:$4,479

  • Beds Icon-- Bed
  • Beds Icon
    -- Bath
  • Beds Icon--sqft

145 Spring Valley Rd, Reading, PA 19605

$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, c
reating 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 Bright MLS-NJ

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    2

  • County

    Berks Pa County

  • City

    Reading

  • 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

DateEventPrice

05/08/2026

Source: mls_logoBright MLS-NJ #PABK2070798

Price Increased

$944,900 +5.00%

$0/sqft

04/15/2026

Source: mls_logoBright MLS-NJ #PABK2070798

Price Decreased

$899,900 -9.47%

$0/sqft

04/15/2026

Source: mls_logoBright MLS-NJ #PABK2070798

Listed for Sale

$994,000

$0/sqft

Based on information from Bright MLS through Oct 10, 2026, 07:30PM. 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. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. © 2026 Bright MLS, Inc. All Rights Reserved. Click here for more information

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