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Sold on 08/26/2026
  • Other
  • Exterior
  • Kitchen
  • Living

423 Spring St, Reading, PA 19601

$230,000

Last sold 08/26/2026 after 57 Days

  • —

    bed

  • —

    bath

  • 2,192

    Sqft ($105/Sqft)

Multi-family not for sale
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About 423 Spring St

Property type Multi-family
Neighborhood
Year built 1900
HOA fee $0/month
Lot size 2,613 Sqft
Movoto estimate
Parking 4 garage spaces
Rental estimate
Property description
PRICE REDUCTION!! Solid and well maintained 2 unit with 4 garages! Great opportunity for cash flow investment. Large units with off street parking possible in garages for additional income. First floor apartment nicely taken care of by 8 year tenant. Has 1 bedroom 1st floor and 1 basement level, with 2 full bathrooms. Long term tenant on second floor has 3 bedrooms. Garage is clean and has separate electric panel.
Listed by
Listing Agent - Diane M Smith
Listing Office - Commonwealth Real Estate LLC
Source: Bright MLS mls logo
MLS#PABK2074300 • last updated 3 weeks ago
Movoto checked Bright MLS for data 31 minutes ago
Overview
Cooling/AC None, None
Heating Natural Gas
Levels/Style Traditional
Type Multi-Family
SubType Duplex
Status Closed
SqFt 2192
Lot Size (SqFt) 2613
Lot Size (Acres) 0.06
County Tax 392, Annually
City/ Town Tax 836
School Tax 780
Tax: Assessed Value 43500
Annual Property Tax 2008
Year Built 1900
Municipality READING CITY
New Construction (Y/N) N
Foreclosure (Y/N) N
Interior
Basement Partially Finished
Appliances Dryer - Electric, Oven/Range - Electric, Refrigerator, Washer
Accessibility Features Doors - Swing In
Exterior
Construction Stone
Foundation Block
Garage Desc Garage - Front Entry
# Garage Spaces 4, 4
# Parking Spaces 4
Parking Desc Parking Garage, On Street
Existing Structures Above Grade, Below Grade
Amenities / Utilities
Sewer/ Septic Public Sewer
Pool No Pool
Inclusions All Appliances Except 2nd Floor Refrigerator.
Location
Water Source Public
School District READING
Directions Center Ave Exit Off Route 12 To Left Onto Spring St. Property Is On The Left At Corner Of Spring And Madison.
Zoning RESIDENTIAL
Multifamily Details
# 2-Bedroom Units 1
# 3-Bedroom Units 1
$253K
Range: $227K-$278K
Last 30 days 
Rental est.: $1,067/month
Gross rent multiplier: 18.0
  • Aug 2026
    mls logo MLS # PABK2074300
  • Aug 26, 2026 Sold
    $230,000
  • Jul 23, 2026 Pending
    —
  • Jul 21, 2026 Price Change
    $230,000 (-8.0%)
  • Jun 30, 2026 Listed
    $250,000 (+178.1%)
  • Oct 2017
    mls logo MLS # 6876974
  • Oct 1, 2017 Expired
    —
  • Oct 15, 2016 Listed
    $89,900
  • Year Property taxes Tax assessment
  • 2025
    $1,181 +2.5%
    $43,500
  • 2024
    $1,152
    $43,500
  • 423 Spring St
    $230K
  • Centre Park
    $237K -7% y/y
  • 19601
    $190K -9% y/y
  • Reading
    $252K -6% y/y
No chart available
Statistics calculated by Movoto

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3/10
Riverside El School
public Grades PK, K-4
Reading School District
4/10
Northwest Middle School
public Grades 5-8
Reading School District
2/10
Reading Senior High School
public Grades 9-12
Reading School District
Source: GreatSchools.org © 2026. All rights reserved.

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Information Deemed Reliable But Not Guaranteed
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Movoto participates, and is provided by BRIGHT through a licensing agreement.The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 9/17/2026. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closedor are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHTMLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually solddue to reporting errors.
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