Movoto Real Estate
Sold on 03/13/2026

532 Washington St, Reading, PA 19601

$306,000

Last sold 03/13/2026 after 149 Days

  • bed

  • bath

  • 3,000

    Sqft ($102/Sqft)

Multi-family not for sale

About 532 Washington St

Property type Multi-family
Neighborhood
Year built 1890
HOA fee $0/month
Lot size 871 Sqft
Movoto estimate
Rental estimate
Property description
Don’t miss this excellent opportunity to own a well-maintained multi-unit property in the heart of Reading, PA. This versatile building features three spacious units offering a solid investment for both new and seasoned investors. Each unit has its own electric meter, and tenants are responsible for their own electric and heating, keeping owner expenses low. The owner currently covers water, sewer, trash, and hot water. The property is in turnkey condition with a strong rental history, newer roof, updated systems, and value-add potential through minor cosmetic upgrades or future rent increases. Whether you're looking to expand your portfolio or occupy part of the space while renting the rest, this property offers stable income and long-term upside.
Listed by
Listing Agent - Zylkia R Rivera
Listing Office - Keller Williams Platinum Realty - Wyomissing
Source: Bright MLS mls logo
MLS#PABK2064118 • last updated 5 months ago
Movoto checked Bright MLS for data 8 minutes ago
Overview
Cooling/AC None, None
Heating Electric
Levels/Style Traditional
Type Multi-Family
SubType Triplex
Status Closed
SqFt 3000
Lot Size (SqFt) 871
Lot Size (Acres) 0.02
County Tax 360, Annually
City/ Town Tax 723
School Tax 715
Tax: Assessed Value 39900
Annual Property Tax 1798
Year Built 1890
Condition Average
Municipality READING CITY
New Construction (Y/N) N
Foreclosure (Y/N) N
Interior
Basement Full, Unfinished
Flooring Laminate Plank
Accessibility Features None
Exterior
Roof Rubber
Construction Brick
Foundation Stone
Parking Desc None
Existing Structures Above Grade, Below Grade
Amenities / Utilities
Sewer/ Septic Public Sewer
Pool No Pool
Location
Water Source Public
School District READING
Zoning RES
Multifamily Details
# 1-Bedroom Units 1
# 2-Bedroom Units 1
# 3-Bedroom Units 1
# Units Vacant 1
Operating Expense 3950
Income Includes Apartment Rentals
$330K
Range: $297K-$363K
Last 30 days 
Rental est.: $1,067/month
Gross rent multiplier: 23.9
  • Mar 2026
    mls logo MLS # PABK2064118
  • Mar 13, 2026 Sold
    $306,000 (-2.8%)
  • Feb 16, 2026 Pending
  • Jan 15, 2026 Listed
  • Jan 9, 2026 Active
  • Jan 7, 2026 Pending
  • Dec 31, 2025 Listed
  • Oct 16, 2025 Pending
  • Oct 15, 2025 Listed
    $314,900
  • Year Property taxes Tax assessment
  • 2025
    $1,083 +2.5%
    $39,900
  • 2024
    $1,056
    $39,900
  • 532 Washington St
    $306K
  • Downtown Reading
    $210K
  • 19601
    $190K -9% y/y
  • Reading
    $255K -5% y/y
No chart available
Statistics calculated by Movoto

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6/10
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Source: GreatSchools.org © 2026. All rights reserved.

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  • 532 Washington St
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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: 9/3/2026. 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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