#PABK2060324, Daniel S Walley, Listing office: RE/MAX Of Reading
Property details
About 1032 N 5th St
Opportunity knocks at 1032 N 5th Street, a legal two-unit in Reading’s highly desirable Centre Park Historic District. This income-producing property combines historic charm with investment intelligence — featuring original wood trim, partial hardwood floors, and classic architecture that stands out. The first-floor 1-bedroom unit is vacant and move-in ready, perfect for an owner-occupant looking to house hack while generating income. Market rent is estimated at $1,150/month. The second-floor 2-bedroom unit is tenant-occupied and cash flowing, with tenants happy to stay — or unlock up to $1,650/month in potential rent after a light turnover. With separate utilities, strong structure, and curb appeal to spare, this is a rare opportunity in one of Reading’s most stable and high-demand rental corridors. Whether you're growing your portfolio or making your first smart move, 1032 N 5th is a value play that delivers now and in the long run.
Highlights
(COMING SOON)
Summary
- Parking: None
- Architectural Style: Traditional
- Heating: Radiant
- Cooling: None
- List Price: $259,900
- Price/SqFt: $123
- Annual Tax Amount: $1,651
- Tax Year: 2024
- Directions: Use GPS
- Year Built: 1903
- Living Area: 2,101 SqFt
- Municipality: Reading City
- Lot Size: 0.04 Acres
- MLS Number: PABK2060516
- MLS Name: BRIGHT
- Office Name: Light House Realtors, LLC
- Office Phone: (484) 273-0056
- Office Email: lighthouserealtylv@gmail.com
- Listing Agent: Jose Juan Vazquez Jr.
- Agent Phone: (610) 741-5010
- Agent Email: joseshomehub@gmail.com
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Last updated on: 7/27/2025, 2:45:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
Date | Event | Price |
---|---|---|
Jan 27, 2006 | Home Sold | $90,000 |
Dec 06, 2001 | Home Sold | $53,000 |
Aug 03, 1994 | Home Sold | $63,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $62,400 | $1,651 |
2023 | $62,400 | $2,727 |
2022 | $62,400 | $2,727 |
2021 | $62,400 | $2,727 |
2020 | $62,400 | $2,700 |
2019 | $62,400 | $2,700 |
2018 | $62,400 | $2,700 |
2017 | $62,400 | $2,682 |
History based on county public records data.
Nearby schools
3
Riverside Elementary School
Public District PK-4
0.5 mi
•1400 Centre Ave
5
12th and Marion Elementary School
Public District PK-4
0.7 mi
•1200 N 12th St
4
10th and Green Elementary School
Public District PK-4
0.8 mi
•400 N 10th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $27,500. The most common annual income of people living in Reading, PA is less than $<35k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.
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Frequently asked questions
About 1032 N 5th St
The listing price of 1032 N 5th St property is $259,900.
The property 1032 N 5th St is a multi located in Reading, Pennsylvania, 19601.
Coming Soon: 1032 N 5th St is Coming Soon. This listing has not previously been on the market, but will be on the market soon (no showings are allowed yet). A listing contract has been executed.
The nearby schools for 1032 N 5th St are: Riverside Elementary School (GreatSchools Rating 3/10), 12th and Marion Elementary School (GreatSchools Rating 5/10), 10th and Green Elementary School (GreatSchools Rating 4/10), Northwest Middle School (GreatSchools Rating 4/10), Northwest Middle School (GreatSchools Rating 5/10), Central Middle School (GreatSchools Rating 4/10), Reading Senior High School (GreatSchools Rating 2/10), Muhlenberg Middle School (GreatSchools Rating 4/10), Muhlenberg High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2024 is $1,651 (source: MLS/based on county public records data).
The last sale was on January 27, 2006 for $90,000 (source: MLS/tax record).
The property 1032 N 5th St is 2,101 SqFt (source: MLS/tax record).
The year of construction for 1032 N 5th St is 1903.
This home is located at 1032 N 5th St in Reading, PA and zip code 19601 in the Centre Park Historic District neighborhood. This 2,101 square foot home, which was built in 1903, sits on a 0.04 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since July 26, 2025 and is currently priced at $259,900.
Between May and June 2025, Reading, PA real estate market has seen increase in the number of listings by 92.2%. In June 2025, listings were on the market for 40 days. During the same period, the median list price in this real estate market was $279,900.