$2,494 Closing Credit¹
#PABK2053448, Leticia Wiemann, Listing Office: Century 21 Gold
$234,900 List price
1039 Walnut St Reading, PA 19601
$2,789
Closing credit¹
2,010 sqft
0.03 acres
$117 / sqft
Multi-Family
Property details
About 1039 Walnut St
One of the most important things to consider when buying an investment is what bills you (the owner) are going to get stuck with having to pay. The tenants here each pay for their own heat which is affordable natural gas, their own hot water - gas again, and their own electric. What the tenants won't be stuck with is paying an electric bill that includes electric baseboard heat - which is very costly to them! They very much appreciate having gas heat - more affordable and more reliable! That leaves you, the owner, with having to pay just the water/sewer/trash bill which in 2024 came to $2,001 FOR THE YEAR! Extremely reasonable!! Both these units have been upgraded, both have 2 private bedrooms and both are quite spacious!! 1st floor rents for $845 and the 2nd floor rents for $975. On top of that there are 2 parking spaces behind the building which are rented out at $75 per space. This has everything a savvy investor looks for in a property - schedule your showing today!!
Highlights
Home typeDuplex
HeatingForced Air
StatusActive
(ACTIVE)
(ACTIVE)
Size2,010 sqft
Lot size0.03 Acres
Year built1900
ParkingParking Lot
MLS #PABK2053710
Summary
- MLS Number: PABK2053710
- MLS Name: BRIGHT
- Office Name: A G Binkley Jr Real Estate
- Office Phone: (610) 779-6244
- Listing Agent: Craig E Binkley
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 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. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or 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.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/25/2025, 3:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$234,900
1039 Walnut St
$2,789
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 09, 2007 | Home Sold | $72,700 |
| Mar 09, 2007 | Home Sold | $72,700 |
| May 12, 2006 | Home Sold | $42,500 |
| Jun 29, 2001 | Home Sold | $42,000 |
| Sep 30, 1992 | Home Sold | $44,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $34,500 | $913 |
| 2023 | $34,500 | $1,508 |
| 2022 | $34,500 | $1,508 |
| 2021 | $34,500 | $1,508 |
| 2020 | $34,500 | $1,493 |
| 2019 | $34,500 | $1,493 |
| 2018 | $34,500 | $1,493 |
| 2017 | $34,500 | $1,483 |
History based on county public records data.
Nearby schools
4
10th and Penn Elementary School
Public District PK-4
0.2 mi
•955 Penn St
4
10th and Green Elementary School
Public District PK-4
0.3 mi
•400 N 10th St
5
13th and Green Elementary School
Public District PK-4
0.4 mi
•501 N 13th 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 $19,505. Typical income of Reading, PA residents is less than $<35k annually. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
73%
<35k
27%
35k-100k
0%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
43%
Single, No Kids
33%
Single, with Kids
10%
Married, No Kids
14%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
25%
<11 yrs old
10%
12-17 yrs old
29%
18-34 yrs old
32%
35-64 yrs old
4%
65+ yrs old
What do the neighbors do for fun?
UFC- Pro Boxing
NHRA Drag Racing
Where do the neighbors shop?
Family Dollar
Burlington
Big Lots
Where do the neighbors go to eat?
Burger King
Popeyes
Golden Corral
What do the neighbors drive?
Buick
Dodge
Kia
What do the neighbors listen to?
Urban Contemporary
Adult Standards
Jazz
All data provided by Home Junction and Claritas
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This home is located at 1039 Walnut St in Reading, PA and zip code 19604 in the Penn's Common Historic District neighborhood. This 2,010 square foot home, which was built in 1900, sits on a 0.03 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since February 17, 2025 and is currently priced at $234,900.
In January 2025, from all listings sold in Reading, PA there were more than 40 sold above asking price, over 46 sold below and more than 23 were sold right at the asked price. In January 2025 in Reading, PA there were 9.2% less homes for sale than in December. The median list price of listings available in January 2025 was $250,083, while the average time on the real estate market was 23 days.
From Rocket Homes Real Estate and based on county public records data.