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$399,000 Just Listed

  • For Sale
  • Active
  • Townhouse
  • 2,668 Sq. Ft.
  • Updated 1 day ago
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Four unit apartment building located at the end of the row offering additional light, and strong rental appeal. This oversized property features more than 2600 square feet of living space, making it a powerful income producing asset for any portfolio. Investors seeking immediate cash flow will appreciate the solid rent roll and low expense structure. Tenants pay their own electric, heat, cooking gas, and hot water. Owner expenses are limited to water, sewer, trash, insurance, and taxes, maximizing net income. For the savvy house hacker, the current owner has intentionally left one unit vacant, creating the perfect opportunity to move in and take advantage of FHA owner occupant financing while the remaining units help cover your mortgage. Current rent roll: Two bedroom unit 1300 per month One bedroom unit 1100 per month One bedroom unit 1100 per month Studio unit 950 per month Strong income, minimal owner expenses, and built in upside make this a standout opportunity for both investors and owner occupants. Properties with this size, layout, and income potential do not come along often. Higher than average CAP rate 11%.

Full Property Details for 148 S 9th St

General

  • Price: $399,000
  • Taxes: $1,845 (2021)
  • Status: Active
  • Type: Townhouse
  • Source: BrightMLSPhilly
  • MLS ID: PABK2068274
  • Updated: 2/19/2026
  • Added to Site: 1 day(s) ago

Parking

  • Parking Type: None

Location

  • Area: Reading City (10201)
  • Municipality: READING CITY
  • County: BERKS
  • Driving Directions: Chestnut st to 9th st.

School Information

  • School District: Reading
  • Elementary School: Amanda E. Stout
  • Middle School: Southern

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Hot Water
  • Water Heater: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Traditional
  • Structure Type: End of Row/Townhouse
  • Construction: Brick
  • Basement: Yes
  • Basement Desc.: Full
  • Foundation: Stone
  • Square Feet: 2,668
  • Sq. Ft. Source: Estimated
  • Living Area: 2,668 Sq. Ft.
  • Finished Above Grnd: 2,668 Sq. Ft.
  • Year Built: 1900
  • Year Built Source: Estimated

Lot Features

  • Lot Size (Acres): 0.03
  • Lot Size (Sq. Ft.): 1,307
  • Lot Size Source: Estimated
  • Zoning: RESIDENTIAL

Financial Considerations

  • Price Per Sq. Ft.: $149.55
  • Operating Expenses: $7,000
  • Assessment Year: 2021
  • School Tax: $757
  • City/TownTax: $765
  • City/TownTax Freq: Annually
  • County Tax: $323
  • County Tax Freq: Annually
  • Tax w/Assessment: $42,200
  • Tax Amount: $1,845
  • Tax Year: 2021
  • Owner Pays: Water, Trash Collection, Taxes - Real Estate, Sewer, Insurance

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot Number: 9150

Listed by Iron Valley Real Estate of Berks, John H Gantkowski Jr.

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Listing agent

— 148 S 9th St —

  • John H Gantkowski Jr.

    Iron Valley Real Estate of Berks

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 148 S 9th St

School District:Reading School District
NameGradesDistance
Southern Middle School, Reading, PA
931 Chestnut Street, Reading, PA 19602
5-80.1 mi
Amanda E Stout Elementary School
321 South 10th Street, Reading, PA 19602
PK-40.2 mi
Reading Senior High School
801 North 13th Street, Reading, PA 19604
9-121.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 148 S 9th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/19/2026
Listed
$399,000
73.48%
MLS
8/18/2023
Sold
$230,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 148 S 9th St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,145
3%
$42,200
—
2024
$1,117
-39%
$42,200
—
2023
$1,845
—
$42,200
—
2022
$1,845
—
$42,200
—
2021
$1,845
1%
$42,200
—
2020
$1,826
—
$42,200
—
2019
$1,826
—
$42,200
—
2018
$1,826
1%
$42,200
—
2017
$1,814
1%
$42,200
—
2016
$1,792
5%
$42,200
—
2015
$1,708
1%
$42,200
—
2014
$1,687
—
$42,200
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

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NMLS#: 1598647

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Listed by Iron Valley Real Estate of Berks, John H Gantkowski Jr.

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148 S 9th Street, Reading, PA 19602 (MLS# PABK2068274) is a Townhouse property with 0 bedrooms and 0 full bathrooms. 148 S 9th Street is currently listed for $399,000 and was received on February 19, 2026. Want to learn more about 148 S 9th Street? Do you have questions about finding other Townhouse real estate for sale in Reading? You can browse all Reading real estate or contact a Coldwell Banker agent to request more information.

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