#PABK2056706, Nelson F Gamez, Listing office: Realty One Group Alliance
Property details
About 948 Lancaster Ave
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.
Highlights
Home typeDuplex
HeatingForced Air, Radiant
StatusActive
(ACTIVE)
(ACTIVE)
Lot size0.12 Acres
Year built1920
ParkingGarage - Side Entry,Garage - Rear Entry,Additional Storage Area, Alley,Detached Garage,On Street
MLS #PABK2059926
Garage3 spaces
Summary
- Garage Space: 3 spaces
- Parking: Garage - Side Entry,Garage - Rear Entry,Additional Storage Area, Alley,Detached Garage,On Street
- Architectural Style: Traditional
- Heating: Forced Air, Radiant
- Cooling: None
- List Price: $560,000
- Annual Tax Amount: $2,959
- Tax Year: 2024
- Directions: Properties are located directly across the street from Piazza Honda/Acura
- Year Built: 1920
- Municipality: Reading City
- Lot Size: 0.12 Acres
- MLS Number: PABK2059926
- MLS Name: BRIGHT
- Office Name: United Real Estate Strive 212
- Office Phone: (610) 372-0212
- Office Email: urestrive212@gmail.com
- Listing Agent: Chad A Schlanger
- Agent Phone: (610) 334-2168
- Agent Email: chad@chadwillsellit.com
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.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/13/2025, 1:45:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $111,800 | $2,959 |
| 2023 | $111,800 | $4,887 |
| 2022 | $111,800 | $4,887 |
| 2021 | $111,800 | $4,887 |
| 2020 | $111,800 | $4,838 |
| 2019 | $111,800 | $4,838 |
| 2018 | $111,800 | $4,838 |
| 2017 | $111,800 | $4,806 |
History based on county public records data.
Nearby schools
5
Millmont Elementary School
Public District PK-4
0.7 mi
•400 Summit Ave
5
Governor Mifflin Intermediate School
Public District 5-6
1.1 mi
•600 Governor Dr
5
Mifflin Park Elementary School
Public District KG-4
1.1 mi
•598 Governor Dr
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 $43,077. Residents of Reading, PA typically earn between $35k-100k each year. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
41%
<35k
51%
35k-100k
9%
100k-200k
0%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
44%
Single, No Kids
12%
Single, with Kids
29%
Married, No Kids
15%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
7%
12-17 yrs old
20%
18-34 yrs old
40%
35-64 yrs old
19%
65+ yrs old
What do the neighbors do for fun?
Horse Races
Pro Boxing
NHRA Drag Racing
Where do the neighbors shop?
Stein Mart
Family Dollar
Big Lots
Where do the neighbors go to eat?
LongHorn Steakhouse
White Castle
Golden Corral
What do the neighbors drive?
Buick
Chevrolet
Kia
What do the neighbors listen to?
Contemporary Inspirational
Rock
Adult Standards
All data provided by Home Junction and Claritas
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Frequently asked questions
About 948 Lancaster Ave
The listing price of 948 Lancaster Ave property is $560,000.
The property 948 Lancaster Ave is a multi located in Reading, Pennsylvania, 19607.
Active Listing: 948 Lancaster Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 948 Lancaster Ave are: Millmont Elementary School (GreatSchools Rating 5/10), Governor Mifflin Intermediate School (GreatSchools Rating 5/10), Mifflin Park Elementary School (GreatSchools Rating 5/10), Governor Mifflin Middle School (GreatSchools Rating 3/10), Southwest Middle School (GreatSchools Rating 4/10), Southern Middle School (GreatSchools Rating 4/10), Governor Mifflin High School (GreatSchools Rating 5/10), Wyomissing Area Jr. / Sr. High School (GreatSchools Rating 5/10), Reading Senior High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $2,959 (source: MLS/based on county public records data).
The sq. ft. of 948 Lancaster Ave is not available (source: MLS/tax record).
The year of construction for 948 Lancaster Ave is 1920.
This home is located at 948 Lancaster Ave in Reading, PA and zip code 19607 in the Oakbrook / Wyomissing Park neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since July 12, 2025 and is currently priced at $560,000.
The number of homes for sale in Reading, PA increased by 92.2% between May and June 2025. 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.
From Rocket Homes Real Estate and based on county public records data.