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$200,000 Just Listed
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Property Description
Investor Opportunity | Fully Occupied Two Unit Property! Don't miss this income producing two unit property with long term tenants already in place! Originally configured with office space on the first floor, the building is currently set up as two residential units, offering flexibility for future use. The first floor unit is a spacious one bedroom apartment featuring an updated kitchen, recessed lighting and crown molding creating a warm, upscale feel and adding a touch of character throughout the home. It also includes the convenience of an in unit washer and dryer. This unit is currently rented for $850 per month. The second unit spans the second and third floors, offering three bedrooms, an updated kitchen with island, recessed lighting, a balcony and plenty of living space. This unit is currently rented for $1,000 per month. Both tenants are long term occupants and pay all utilities except water, helping to keep owner expenses low. Whether you're looking to expand your investment portfolio or own a property with a strong rental history and future potential, this is an opportunity you won't want to miss. Schedule your private showing today!
Full Property Details
Full Property Details for 534 Walnut St
General
- Price: $200,000
- Taxes: $1,463 (2025)
- Status: Active
- Type: Townhouse
- Source: BrightMLSPhilly
- MLS ID: PABK2075276
- Updated: Today (7/17/2026)
- Added to Site: Today
Interior
- Interior Features: Ceiling Fan(s)
- Appliances: Dishwasher, Washer, Dryer, Refrigerator
- Flooring: Wood, Fully Carpeted
Exterior
- Exterior Features: Sidewalks, Street Lights
Parking
- Parking Type: On Street
Location
- Area: Reading City (10201)
- Municipality: READING CITY
- County: BERKS
- Cross Streets: 5Th St
- Driving Directions: Get on US-422 E from Berkshire Blvd and Crossing Dr, Continue on US-422 E. Take Penn Ave to N 3rd St in Reading, Turn left onto N 3rd St, Turn right onto Walnut St, destination is on the right.
School Information
- School District: Reading
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C, Energy Star Cooling System
- Cooling Fuel: Electric
- Heating Type: Heat Pump - Electric BackUp, Forced Air
- Heating Fuel: Other
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV Available
Structural Information
- Architectural Style: Other
- Structure Type: Interior Row/Townhouse
- Construction: Aluminum Siding, Brick
- Basement: Yes
- Basement Desc.: Full, Unfinished
- Foundation: Stone
- Roof: Pitched, Shingle
- Square Feet: 1,924
- Sq. Ft. Source: Estimated
- Living Area: 1,924 Sq. Ft.
- Finished Above Grnd: 1,924 Sq. Ft.
- Year Built: 1900
- Year Built Source: Estimated
Unit Information
- Other Units: Unit 1, Unit 2
Lot Features
- Lot Size (Acres): 0.02
- Lot Size (Sq. Ft.): 871
- Lot Size Source: Assessor
- Zoning: MIXED
Financial Considerations
- Price Per Sq. Ft.: $103.95
- Assessment Year: 2026
- School Tax: $568
- City/TownTax: $609
- City/TownTax Freq: Annually
- County Tax: $286
- County Tax Freq: Annually
- Tax w/Assessment: $31,700
- Tax Amount: $1,463
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 2258
Listed by Iron Valley Real Estate of Berks, Justina Ott
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Schools
Schools serving 534 Walnut St
School District:Reading School District
| Name | Grades | Distance |
|---|---|---|
Lauers Park El School 251 North 2nd Street, Reading, PA 19601 | PK-4 | 0.4 mi |
Southwest Ms 300 Chestnut Street, Reading, PA 19602 | 5-8 | 0.5 mi |
Reading Senior High School 801 North 13th Street, Reading, PA 19604 | 9-12 | 1 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 534 Walnut St
Date
Details
Price
Change
Source
7/17/2026
Listed
$200,000
—
MLS
Disclaimer: Historical sales 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 534 Walnut St
534 Walnut Street, Reading, PA 19601 (MLS# PABK2075276) is a Townhouse property with 0 bedrooms and 0 full bathrooms. 534 Walnut Street is currently listed for $200,000 and was received on July 17, 2026. Want to learn more about 534 Walnut 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.

