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$229,000
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Property Description
Turn-key, tenant-occupied duplex located at 728 Franklin St in the heart of Downtown Reading! This well-maintained multi-family investment opportunity is ready to be added to your portfolio. Featuring a spacious first-floor one-bedroom unit and a second-floor three-bedroom unit, this property offers excellent rental potential with long-term value. Located directly across from BARTA Transportation Center and within walking distance to Santander Arena, Penn Street,, and multiple public parking garages, this property provides convenient access to everything downtown Reading has to offer. The first-floor unit features a comfortable layout with a living room, private bedroom, eat-in kitchen, full bathroom, and a private rear patio?perfect for enjoying outdoor space. The second-floor unit offers a generous kitchen, spacious living room, and three private bedrooms, providing plenty of room and flexibility for tenants. Both units are currently occupied, with tenants who take pride in maintaining their spaces and would be happy to remain. A major bonus for investors is the two separate gas heating systems, allowing tenants to pay their own heat, hot water, and electric expenses. Whether you're looking to expand your rental portfolio, add a solid income-producing property, or live in one unit while renting out the other, 728 Franklin St presents a fantastic opportunity to start or grow your real estate investment journey. Schedule your tour today!
Full Property Details
Full Property Details for 728 Franklin St
General
- Sold For: $229,000
- Taxes: $1,029 (2025)
- Status: Closed
- Type: Townhouse
- Source: BrightMLSPhilly
- MLS ID: PABK2073438
- Added to Site: 77 day(s) ago
Interior
- Interior Features: Kitchen - Eat-In
- Appliances: Oven/Range - Electric, Oven/Range - Gas, Refrigerator
- Flooring: Laminated
Exterior
- Exterior Features: Sidewalks, Street Lights
- Porch/Patio/Deck: Patio(s)
Parking
- Parking Features: Free, Parking Fee, Public
- Parking Type: On Street
Location
- Area: Reading City (10201)
- Municipality: READING CITY
- County: BERKS
- Driving Directions: Head toward N 8th St, Turn left at the 1st cross street onto N 8th St, Turn right onto Chestnut St, Turn right at the 1st cross street onto Lemon St, Turn right onto Franklin St, Destination will be on the right.
- Location Details: Urban
School Information
- School District: Reading
Heating & Cooling
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Radiant
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Natural Gas Available
Structural Information
- Architectural Style: Traditional
- Structure Type: Interior Row/Townhouse
- Construction: Brick
- Basement: Yes
- Basement Entrance: Yes
- Basement Desc.: Front Entrance, Unfinished, Walkout Stairs
- Foundation: Other
- Windows: Replacement
- Square Feet: 1,456
- Sq. Ft. Source: Assessor
- Living Area: 1,456 Sq. Ft.
- Finished Above Grnd: 1,456 Sq. Ft.
- Year Built: 1900
- Year Built Source: Assessor
- Property Condition: Very Good, Good
Unit Information
- Other Units: Unit 1, Unit 2
Lot Features
- Property View: Street
- Lot Size (Acres): 0.02
- Lot Size (Sq. Ft.): 871
- Lot Size Source: Assessor
- Street/Road Desc.: Paved
- Zoning: RESIDENTIAL
Financial Considerations
- Price Per Sq. Ft.: $157.28
- Assessment Year: 2026
- School Tax: $400
- City/TownTax: $429
- City/TownTax Freq: Annually
- County Tax: $201
- County Tax Freq: Annually
- Tax w/Assessment: $22,300
- Tax Amount: $1,029
- Tax Year: 2025
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 1456
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Tenant Personal Property
- Inclusions: 2 Stoves
- Lot Number: 2545
Listed by BHHS Homesale Realty- Reading Berks, Juan Cortes-Carreno
Sold by RE/MAX Of Reading, Jennifer Javier
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Schools
Schools serving 728 Franklin St
School District:Reading School District
| Name | Grades | Distance |
|---|---|---|
Southern Middle School, Reading, PA 931 Chestnut Street, Reading, PA 19602 | 5-8 | 0.2 mi |
Amanda E Stout Elementary School 321 South 10th Street, Reading, PA 19602 | PK-4 | 0.4 mi |
Reading Senior High School 801 North 13th Street, Reading, PA 19604 | 9-12 | 1.2 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 728 Franklin St
Date
Details
Price
Change
Source
7/24/2026
Sold
$229,000
—
MLS
6/11/2026
Listed
$229,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
728 Franklin Street, Reading, PA 19602 (MLS# PABK2073438) is a Townhouse property that was sold at $229,000 on July 24, 2026. Want to learn more about 728 Franklin 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.

