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$699,000 Just Listed

  • For Sale
  • Active
  • Apartment
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Sitting on over an acre in Reading's established 19602 area, 1521 Mineral Spring Rd is a substantial multi"‘family opportunity with promising upside. Zoned for up to 10 residential units but currently configured with five separate living spaces, this property offers a rare canvas for someone ready to invest sweat equity and unlock its full potential. The expansive lot includes a long driveway with room for eight cars or more and retains historic character while awaiting modernization. Ideally positioned near major commuting routes and public transportation, the home is just minutes from Route 100, Route 724, and US"‘222, connecting you easily throughout the region and into nearby shopping, dining, and service corridors. The location also places you close to Reading Area Community College, Albright College, Alvernia University, and Penn State Berks, as well as a diverse selection of local restaurants and neighborhood amenities, blending convenience with value and flexibility for owner"‘occupants or investors alike.

Full Property Details for 1521 Mineral Spring Rd

General

  • Price: $699,000
  • Taxes: $7,734 (2025)
  • Status: Active
  • Type: Apartment
  • Source: BrightMLSPhilly
  • MLS ID: PABK2067152
  • Updated: 1/12/2026
  • Added to Site: 6 day(s) ago

Business

  • Business Type: Apartment Building

Interior

  • Flooring: Hardwood

Parking

  • Total Spaces: 8
  • Parking Features: Paved Parking, Private
  • Parking Type: Driveway, Off Site

Location

  • Area: Reading City (10201)
  • Municipality: READING CITY
  • County: BERKS
  • Subdivision: READING
  • Driving Directions: Please use GPS for the most accurate directions.
  • Historic District: Yes

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Hot Water, Baseboard - Electric, Radiator
  • Heating Fuel: Natural Gas, Electric
  • Water Heater: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Cable TV, Cable TV Available, Electric Available, Multiple Phone Lines, Natural Gas Available, Phone, Phone Available, Phone Connected

Structural Information

  • Construction: Brick, Block, Concrete
  • Stories/Levels: 3
  • Year Built: 1883
  • Year Built Source: Estimated
  • Property Condition: Below Average

Unit Information

  • # Tenants: Multiple
  • Other Units: Unit 1, Unit 2, Unit 4, Unit 5, Unit 3

Lot Features

  • Lot Size (Acres): 1.03
  • Lot Size (Sq. Ft.): 44,866
  • Lot Size Source: Assessor
  • Zoning: R3
  • Lot Description: Backs to Trees, Front Yard, Landscaping, Private, Rear Yard

Financial Considerations

  • Assessment Year: 2025
  • School Tax: $3,077
  • City/TownTax: $3,111
  • City/TownTax Freq: Annually
  • County Tax: $1,547
  • County Tax Freq: Annually
  • Tax w/Assessment: $171,600
  • Tax Amount: $7,734
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Bank-owned: Yes
  • Lot Number: 2182

Listed by Genstone Realty, Christopher B Nelson

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Listing agent

— 1521 Mineral Spring Rd —

  • Christopher B Nelson

    Genstone Realty

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 1521 Mineral Spring Rd

School District:Reading School District
NameGradesDistance
Sixteenth & Haak El School
1601 Haak Street, Reading, PA 19602
PK-40.2 mi
Central Middle School, Reading, PA
215 North 12th Street, Reading, PA 19604
5-80.6 mi
Reading Senior High School
801 North 13th Street, Reading, PA 19604
9-121.1 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 1521 Mineral Spring Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/12/2026
Listed
$699,000
81.56%
MLS
5/10/2022
Sold
$385,000
—
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 1521 Mineral Spring Rd

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,658
3%
$171,600
—
2024
$4,543
-39%
$171,600
—
2023
$7,502
—
$171,600
—
2022
$7,502
—
$171,600
—
2021
$7,502
1%
$171,600
—
2020
$7,426
—
$171,600
—
2019
$7,426
—
$171,600
—
2018
$7,426
1%
$171,600
—
2017
$7,377
1%
$171,600
—
2016
$7,288
5%
$171,600
—
2015
$6,945
1%
$171,600
—
2014
$6,861
—
$171,600
—
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!

with our affiliated lender
NMLS#: 1598647

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1521 Mineral Spring Road, Reading, PA 19602 (MLS# PABK2067152) is a Apartment property. 1521 Mineral Spring Road is currently listed for $699,000 and was received on January 12, 2026. Want to learn more about 1521 Mineral Spring Road? Do you have questions about finding other Apartment 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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