For Sale
Photo 1 of House for sale at 409 Walnut St, Reading City, PA 19601 | MLS# 779632 | Listing updated on 2026-08-31
Photo 2 of House for sale at 409 Walnut St, Reading City, PA 19601 | MLS# 779632 | Listing updated on 2026-08-31
Photo 3 of House for sale at 409 Walnut St, Reading City, PA 19601 | MLS# 779632 | Listing updated on 2026-08-31
Photo 4 of House for sale at 409 Walnut St, Reading City, PA 19601 | MLS# 779632 | Listing updated on 2026-08-31
Photo 5 of House for sale at 409 Walnut St, Reading City, PA 19601 | MLS# 779632 | Listing updated on 2026-08-31
12+
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$895,000

  • Beds Icon7 Beds
  • Beds Icon
    9 Baths
  • Beds Icon10,350sqft

409 Walnut St, Reading City, PA 19601

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  • Apartment

  • Built in 1890

  • $-- HOA

  • 4,356 sqft lot

  • $86/sq.ft

Description

Now offered at $895,000, Walnut St Commons presents an exceptional opportunity to acquire a stabilized 9-unit multifamily investment in the heart of Reading, Pennsylvania. Following a strategic price adjustment, the property now delivers one of the most compelling combinations of cash flow, operational efficiency, and value currently available in the market. With strong in-place income, a diversified unit mix, and continued rental upside, Walnut St Commons is well positioned for seasoned investors, portfolio expansion, or a 1031 exchange.
The property currently generates approximately $82,864 in Net Operating Income, producing an impressive 9.26% capitalization rate at th...

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  • Houzeo last checked: 40 minutes ago
  • Listing updated: August 31, 2026 at 5:35 pm
  • Listing Provided by: Frank J. Renaldi, Jr. (484) 788-8682 | The Real Estate Firm&PropMngmt (484) 542-6568
  • Source: Greater Lehigh Valley MLS-PA | MLS#: 779632 Greater Lehigh Valley MLS-PA

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    3

  • County

    Berks County

  • City

    Reading City

  • Neighborhood

    --

  • Year Built

    1890

  • HOA Fees

    -

  • Finished Area

    10,350 sqft

  • Lot Size

    4,356 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    Greater Lehigh Valley MLS

  • MLS Number

    779632

  • MLS Status

    Active

  • Days on Market

    73

Data provided by Redfin

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