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$450,000 Just Listed
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Property Description
This five-unit property offers an investor an opportunity to acquire an established income-producing property with a diverse mix of occupants. The property includes two efficiency apartments, one one-bedroom apartment, one two-bedroom apartment, and a two-story garage. The garage is leased to a roofing business, providing an established commercial component and additional rental income. The property also benefits from established tenancy. One of the residential units is occupied by BCC, which has a long-term client residing in the home. One efficiency apartment is currently vacant. Several significant capital improvements have already been completed, including a new hot water heater, a high-efficiency heating system installed approximately two years ago, and a rubber roof installed approximately four years ago. The garage roof has also been updated. The owner currently pays all utilities. With a mix of residential units, an established commercial tenant, recent major improvements, and one currently vacant unit, this property provides an investor with existing rental income along with an opportunity to increase occupancy and maximize the property's income potential.
Full Property Details
Full Property Details for 409 S 4th St
General
- Price: $450,000
- Taxes: $2,359 (2026)
- Status: Active
- Type: Townhouse
- Source: BrightMLSPhilly
- MLS ID: PABK2079146
- Updated: 10/4/2026
- Added to Site: 5 day(s) ago
Rental Information
- Lease Info: Month to Month, Yearly
Parking
- Parking Type: On Street
Location
- Area: Reading City (10201)
- Municipality: READING CITY
- County: BERKS
- Cross Streets: Pine
- Driving Directions: From Penn St, take 4th St south
- Location Details: Downtown
School Information
- School District: Reading
Heating & Cooling
- Cooling Type: None
- Heating Type: Hot Water
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Traditional
- Structure Type: Interior Row/Townhouse
- Construction: Stucco
- Basement: Yes
- Basement Desc.: Unfinished
- Foundation: Stone
- Roof: Rubber
- Stories/Levels: 3
- Square Feet: 2,500
- Sq. Ft. Source: Estimated
- Living Area: 2,500 Sq. Ft.
- Finished Above Grnd: 2,500 Sq. Ft.
- Year Built: 1900
- Year Built Source: Assessor
Unit Information
- Other Units: Unit 1, Unit 1, Unit 1, Unit 1
Additional Structures
- Other Structures: Garage(s)
Lot Features
- Lot Size (Acres): 0.07
- Lot Size (Sq. Ft.): 3,049
- Lot Size Source: Assessor
- Zoning: R-3 RESIDENTIAL
Financial Considerations
- Price Per Sq. Ft.: $180
- Assessment Year: 2026
- School Tax: $927
- City/TownTax: $974
- City/TownTax Freq: Annually
- County Tax: $457
- County Tax Freq: Annually
- Tax w/Assessment: $50,700
- Tax Amount: $2,359
- Tax Year: 2026
- Owner Pays: Electricity, Gas, Heat, Insurance, Sewer, Trash Collection, Water
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Tenant's property
- Lot Number: 3887
Listed by RE/MAX Of Reading, Collier Golden
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Schools
Schools serving 409 S 4th St
School District:Reading School District
| Name | Grades | Distance |
|---|---|---|
Tyson-Schoener El School 315 South 5th Street, Reading, PA 19602 | PK-4 | 0.1 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 | 1.6 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 409 S 4th St
Date
Details
Price
Change
Source
10/04/2026
Listed
$450,000
172.73%
MLS
5/03/2022
Sold
$165,000
—
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 409 S 4th St
Year
Property Taxes
Change
Tax Assessment
Change
2026
$1,431
4%
$50,700
—
2025
$1,376
3%
$50,700
—
2024
$1,342
-39%
$50,700
—
2023
$2,216
—
$50,700
—
2022
$2,216
—
$50,700
—
2021
$2,216
1%
$50,700
—
2020
$2,194
—
$50,700
—
2019
$2,194
—
$50,700
—
2018
$2,194
1%
$50,700
—
2017
$2,180
1%
$50,700
—
2016
$2,153
5%
$50,700
—
2015
$2,052
1%
$50,700
—
2014
$2,027
—
$50,700
—
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 409 S 4th St
409 S 4th Street, Reading, PA 19602 (MLS# PABK2079146) is a Townhouse property with 0 bedrooms and 0 full bathrooms. 409 S 4th Street is currently listed for $450,000 and was received on October 04, 2026. Want to learn more about 409 S 4th 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.

