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$500,000
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Property Description
Nice 7 unit from 1-3 bedrooms located across the street from a park and baseball field. The tenants pay all utilities except water and sewer. All units are in great condition. Two units are currently vacant but easily rentable. This property would then generate a great return on investment. Investors--this is one you definitely do not want to miss!
Full Property Details
Full Property Details for 357 S 3rd St
General
- Price: $500,000
- Taxes: $2,026 (2025)
- Status: Active
- Type: Multi-Family
- Source: BrightMLSPhilly
- MLS ID: PABK2069610
- Updated: 3/19/2026
- Added to Site: 15 day(s) ago
Rental Information
- Lease Info: Month to Month
Parking
- Parking Type: On Street
Location
- Area: Reading City (10201)
- Municipality: READING CITY
- County: BERKS
- Subdivision: SOUTHWEST READING
- Driving Directions: N 2nd St to S 2nd St to Riverfront Dr to S 3rd St
School Information
- School District: Reading
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard - Electric
- Heating Fuel: Electric
- Water Heater: Other
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Traditional
- Structure Type: Other
- Construction: Stucco
- Square Feet: 2,946
- Sq. Ft. Source: Assessor
- Living Area: 2,946 Sq. Ft.
- Finished Above Grnd: 2,946 Sq. Ft.
- Year Built: 1900
- Year Built Source: Assessor
Lot Features
- Lot Size (Acres): 0.05
- Lot Size (Sq. Ft.): 2,178
- Lot Size Source: Assessor
- Zoning: R3
Financial Considerations
- Price Per Sq. Ft.: $169.72
- Assessment Year: 2026
- School Tax: $787
- City/TownTax: $844
- City/TownTax Freq: Annually
- County Tax: $396
- County Tax Freq: Annually
- Tax w/Assessment: $43,900
- Tax Amount: $2,026
- Tax Year: 2025
- Tax Total Finished Sq. Ft.: 2946
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 8022
Listed by Century 21 Gold, F. Scott Goetz
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Schools
Schools serving 357 S 3rd St
School District:Reading School District
| Name | Grades | Distance |
|---|---|---|
Tyson-Schoener El School 315 South 5th Street, Reading, PA 19602 | PK-4 | 0.2 mi |
Southwest Ms 300 Chestnut Street, Reading, PA 19602 | 5-8 | 0.2 mi |
Reading Senior High School 801 North 13th Street, Reading, PA 19604 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 357 S 3rd St
Date
Details
Price
Change
Source
3/19/2026
Listed
$500,000
365.12%
MLS
11/15/2017
Sold
$107,500
—
Public Record
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
Tax History for 357 S 3rd St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,192
3%
$43,900
—
2024
$1,162
-39%
$43,900
—
2023
$1,919
—
$43,900
—
2022
$1,919
—
$43,900
—
2021
$1,919
1%
$43,900
—
2020
$1,900
—
$43,900
—
2019
$1,900
—
$43,900
—
2018
$1,900
1%
$43,900
—
2017
$1,887
1%
$43,900
—
2016
$1,864
5%
$43,900
—
2015
$1,777
1%
$43,900
—
2014
$1,755
—
$43,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 357 S 3rd St
357 S 3rd Street, Reading, PA 19602 (MLS# PABK2069610) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 357 S 3rd Street is currently listed for $500,000 and was received on March 19, 2026. Want to learn more about 357 S 3rd Street? Do you have questions about finding other Multi-Family real estate for sale in Reading? You can browse all Reading real estate or contact a Coldwell Banker agent to request more information.

