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$402,000

  • Sold
  • Closed
  • Duplex
  • 3 Car Garage
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948 Lancaster Avenue is being offered as part of a package with the adjoining property at 946 Lancaster Avenue-the sales price reflects both properties. Together, they comprise a total of seven units, offering a strong investment opportunity with mixed-use potential. The combined buildings feature four two-bedroom apartments, two one-bedroom unit and a commercial storefront. There is a shared laundry area, providing additional income potential. Off-street parking for at least three vehicles is available in the rear lot, along with two garages that fit up to three cars. A large backyard is shared between both buildings, offering outdoor space for tenants. While the properties could benefit from some updating, their layout, location, and income-generating potential make them an excellent opportunity for value-minded investors.

Full Property Details for 948 Lancaster Ave

General

  • Sold For: $402,000
  • Taxes: $5,039 (2025)
  • Status: Closed
  • Type: Duplex
  • Source: BrightMLSPhilly
  • MLS ID: PABK2059926
  • Added to Site: 225 day(s) ago

Parking

  • Garage: Yes
  • Garage Spaces: 3
  • Total Spaces: 3
  • Parking Type: Alley, Detached Garage, On Street
  • Garage Description: Garage - Side Entry, Garage - Rear Entry, Additional Storage Area

Location

  • Area: Reading City (10201)
  • Municipality: READING CITY
  • County: Berks
  • Driving Directions: Properties are located directly across the street from Piazza Honda/Acura

School Information

  • School District: Reading

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Forced Air, Radiator
  • Heating Fuel: Oil
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Info: Traditional
  • Architectural Style: Traditional
  • Structure Type: Twin/Semi-Detached
  • Construction: Stone
  • Foundation: Stone
  • Stories/Levels: 0
  • Sq. Ft. Source: Assessor
  • Year Built: 1920
  • Year Built Source: Estimated

Unit Information

  • Other Units: Unit 1
  • 1 Bedroom Units: 2
  • 2 Bedroom Units: 4

Unit 1

  • Unit Description: Unit 1

Lot Features

  • Lot Size (Acres): 0.12
  • Lot Size (Sq. Ft.): 5,227
  • Lot Size Source: Assessor
  • Lot Dimensions: 0.00 x 0.00
  • Zoning: MIXED RES/COMM

Financial Considerations

  • Assessment Year: 2025
  • School Tax: $2,005
  • City/TownTax: $2,027
  • City/TownTax Freq: Annually
  • County Tax: $1,008
  • County Tax Freq: Annually
  • Tax w/Assessment: $111,800
  • Tax Amount: $5,039
  • Tax Year: 2025
  • Terms: Standard Sale

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot Number: 9407

Listed and Sold by United Real Estate Strive 212, Chad A Schlanger

Listing agent

— 948 Lancaster Ave —

  • Chad A Schlanger

    United Real Estate Strive 212

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 948 Lancaster Ave

School District:Reading School District
NameGradesDistance
Millmont El School
400 Summit Avenue, Reading, PA 19611
PK-40.7 mi
Central Middle School, Reading, PA
215 North 12th Street, Reading, PA 19604
5-82.3 mi
Reading Senior High School
801 North 13th Street, Reading, PA 19604
9-122.8 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 948 Lancaster Ave

Date
Details
Price
Change
Source
9/05/2025
Sold
$402,000
-28.21%
MLS
7/12/2025
Listed
$560,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed and Sold by United Real Estate Strive 212, Chad A Schlanger

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948 Lancaster Avenue, Reading, PA 19607 (MLS# PABK2059926) is a Duplex property that was sold at $402,000 on September 05, 2025. Want to learn more about 948 Lancaster Avenue? Do you have questions about finding other Duplex real estate for sale in Reading? You can browse all Reading real estate or contact a Coldwell Banker agent to request more information.