SOLD FEB 10, 2026

Off market feb 2026 for $125K

$168,329

Est. refi paymentEst. refi $838/mo

•

2 ba

•

944

sq ft

1040 Walnut St, Reading, PA 19601

About this home

Great cash flow producing investment 2 unit end of row near City Park in very good condition. Unit 1 - 1st floor has 3 rooms, 1 BR, living, kitchen and bath. All electric unit with baseboard heat all tenant paid. 1 Year tenant at $500 per month. Unit 2 is an efficiency unit, 2 rooms, kitchen, BR and bath. All electric with baseboard heat all tenant paid. Unit is vacant but previously rented for $500 per month. Replacement windows. Shingle roof. Breaker panels. Fenced yard. Both units are very clean and good condition. Tenants currently split the water bill. Nearly 10k in net income a year! 25% CAP RATE!! Solid Investment property at a super affordable price! A must for your investment protfolio!

TownhomeProperty Type

1900Year Built

871 sq ftLot Size

$178Est. Price/Sq.Ft.

Listed by Jose Candelaria • RE/MAX Of Reading

•610-670-2770 (broker)

•info@goberkscounty.com (broker)

Bought with Jose Candelaria • RE/MAX Of Reading

•610-670-2770 (broker)

•info@goberkscounty.com (broker)

Source:BRIGHT MLS #1000158226

Redfin Estimate

$168,329

$43K since sold in February 2026$14K since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 2.4% lower than the average sale price ($172K) of 6 comparable homes.

SOLD JUL 1, 2026
$190,000
A
3 beds1.5 baths904 sq ft
46 Mulberry St, Reading, PA 19601
SOLD MAY 30, 2026
$225,000
B
3 beds2 baths1,347 sq ft
1028 Green St, Reading, PA 19604
SOLD NOV 20, 2025
$90,000
C
1 bed2 baths867 sq ft
1033-A Cherry St, Reading, PA 19602
SOLD SEP 1, 2026
$160,000
D
3 beds2 baths942 sq ft
1218 Fidelity St, Reading, PA 19604
SOLD SEP 29, 2026
$190,000
E
4 beds1.5 baths1,380 sq ft
1034 Washington St, Reading, PA 19601
SOLD APR 15, 2026
$179,900
F
3 beds1.5 baths1,156 sq ft
436 Locust St, Reading, PA 19604

Claim this home to receive a free report every month with insights on the changing estimate.

Earn from this home

Refinance

Est. cash available

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Rent

$1,098/mo

Redfin rental estimate

List your home for rent

Market trends in 19601, PA

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

101.3%

+1.0% MoM

Median sale price

$208K

$6K MoM

Avg. days on market

11d

5 days MoM

Recently sold homes

8 MoM

New listings for sale

$379,999
9 beds— baths3,402 sq ft
115 Windsor St, Reading, PA 19601
(610) 373-9900
$185,000
4 beds1 bath1,378 sq ft
916 Rose St, Reading, PA 19601
(610) 670-2770
$449,999
9 beds4 baths3,994 sq ft
128-130 Elm St, Reading, PA 19601
(610) 373-9900
$219,900
4 beds1 bath1,432 sq ft
1017 Walnut St, Reading, PA 19601
(610) 376-9999
$240,000
5 beds1.5 baths1,792 sq ft
1042 N 4th St, Reading, PA 19601
(610) 779-2500
$229,900
4 beds2 baths1,800 sq ft
513 N Front St, Reading, PA 19601
(610) 372-0212
$240,000
4 beds1 bath1,260 sq ft
508 Lockheed Ave, Reading, PA 19601
(610) 372-3200
$125,000
2 beds1 bath682 sq ft
Reading, PA 19601
(484) 450-8771
$284,900
4 beds2 baths2,084 sq ft
116 W Windsor St, Reading, PA 19601
(610) 484-8663
3D WALKTHROUGH
$209,900
4 beds2.5 baths1,815 sq ft
515 N 4th St, Reading, PA 19601
(717) 569-2222
See all

Provided by Redfin

Sale history for 1040 Walnut St

Date

Event

Price

Public Records

Feb 10, 2026

Sold

$125,000

$132/sq ft

TREND #7128336

Apr 13, 2018

Pending

—

Apr 13, 2018

Sold

$32,500

$34/sq ft

Mar 30, 2018

Delisted

—

Feb 15, 2018

Listed

$40,000

$42/sq ft

BRIGHT MLS #1000158226

Apr 13, 2018

Pending

—

Apr 13, 2018

Sold

$32,500

$34/sq ft

Mar 29, 2018

Listing Removed

—

Feb 15, 2018

Listed

$40,000

$42/sq ft

TREND #5982373

Jul 20, 2012

Sold

$26,000

$28/sq ft

Jun 29, 2012

Pending

—

Jun 6, 2012

Price Changed

$26,900

$28/sq ft

Mar 21, 2012

Price Changed

$27,900

$30/sq ft

Dec 9, 2011

Listed

$28,900

$31/sq ft

BRIGHT MLS #1004595892

Jul 20, 2012

Sold

$26,000

$28/sq ft

Jun 27, 2012

Listing Removed

—

Dec 9, 2011

Listed

$26,900

$28/sq ft

BRIGHT MLS #1006976232

Oct 13, 2011

Listing Removed

—

Apr 13, 2011

Listed

$48,900

$52/sq ft

BRIGHT MLS #1009132776

Jan 27, 2011

Listing Removed

—

Aug 11, 2010

Listed

$29,999

$32/sq ft

Year

Property tax

Land + Additions

Assessment*

2026

$1,214 (+2.4%)

$6,600 + $19,700

$26,300

2025

$1,185 (+1.5%)

$6,600 + $19,700

$26,300

2024

$1,168 (+1.6%)

$6,600 + $19,700

$26,300

2023

$1,150

$6,600 + $19,700

$26,300

2022

$1,150

$6,600 + $19,700

$26,300

2021

$1,150 (+1.0%)

$6,600 + $19,700

$26,300

2020

$1,138

$6,600 + $19,700

$26,300

2019

$1,138

$6,600 + $19,700

$26,300

2018

$1,138 (+0.7%)

$6,600 + $19,700

$26,300

2017

$1,130 (+6.2%)

$6,600 + $19,700

$26,300

2015

$1,064 (+1.2%)

$6,600 + $19,700

$26,300

2014

$1,052

$6,600 + $19,700

$26,300

2013

$1,052 (+6.0%)

$6,600 + $19,700

$26,300

2012

$992

$6,600 + $19,700

$26,300

2011

$992 (+6.8%)

$6,600 + $19,700

$26,300

2010

$929

$6,600 + $19,700

$26,300

Tax history for 1040 Walnut St

Year

Property tax

Land + Additions

Assessment*

2026

$1,214 (+2.4%)

$6,600 + $19,700

$26,300

2025

$1,185 (+1.5%)

$6,600 + $19,700

$26,300

2024

$1,168 (+1.6%)

$6,600 + $19,700

$26,300

2023

$1,150

$6,600 + $19,700

$26,300

2022

$1,150

$6,600 + $19,700

$26,300

2021

$1,150 (+1.0%)

$6,600 + $19,700

$26,300

2020

$1,138

$6,600 + $19,700

$26,300

2019

$1,138

$6,600 + $19,700

$26,300

2018

$1,138 (+0.7%)

$6,600 + $19,700

$26,300

2017

$1,130 (+6.2%)

$6,600 + $19,700

$26,300

2015

$1,064 (+1.2%)

$6,600 + $19,700

$26,300

2014

$1,052

$6,600 + $19,700

$26,300

2013

$1,052 (+6.0%)

$6,600 + $19,700

$26,300

2012

$992

$6,600 + $19,700

$26,300

2011

$992 (+6.8%)

$6,600 + $19,700

$26,300

2010

$929

$6,600 + $19,700

$26,300

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning

R-3

PENN'S COMMON HISTORIC DISTRICT

Residential District

The R-3 District allows the highest residential densities and permits multifamily apartments.

Zone overlays

Penn's Common Historic District

Permitted uses

Include but are not limited to:

Housing-Single unit
Housing-Multiple units
Agriculture-Cropland
Park & open space

Property details

Interior

Basement Information
Basement Type: Full

Bathroom Information
# of Full Baths: 2

Heating & Cooling
Air Conditioning Type: Central
Heating Fuel Type: Gas
Heating Type: Hot Water

Room Information
# of Rooms: 5

Exterior

Exterior Information
Physical Condition: Fair
Building Construction Quality: Average
Exterior Wall: Aluminum/Vinyl

Property Information
Living Sq. Ft: 944
# of Units: 2
# of Stories: 2
Stories Type: 2

Lot Information
# of Buildings: 1
Land Sq. Ft: 871
Legal Block Number: 1
School Tax District: READING SCH DIST
Acres: 0.02
County Use Description: 2 ST FRAME 2-4 FAM ROW HSE

Location Information
Parcel Location Influence: Major Strip

Utility Information
Sewer Type: Public
Water Service Type: Public
Utility Type: Public

Financial

Assessor Information
Assessment Year: 2026
Tax District County: CITY OF READING

Public facts

Beds: 2
Baths: 2.0
Sq. Ft.: 944
Stories: 2.0
Lot Size: 871 square feet
Style: Townhouse
Year Built: 1900
Year Renovated: —
County: Berks County
APN: 08531769019298

Home facts updated by county records on Jun 10, 2026

Around this home

Schools

Tenth & Penn El School

Public PreK-4 • Assigned • 0.2mi

3/10

Southern Middle School

Public 5-8 • Assigned • 0.4mi

3/10

Reading Senior High School

Public 9-12 • Assigned • 0.7mi

1/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

5/10 Heat Factor

7 days above 100° expected this year, 16 days in 30 years

4/10 Wind Factor

14% chance of strong winds in next 30 years

3/10 Air Factor

1 unhealthy days expected this year, 4 days in 30 years

Provided by First Street

Historical weather

Reading, PA • 19601

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.1 hours in June and 3.9 hours in December, placing it below the U.S. average for solar exposure.

9.1 hrs

3.9 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$160,000 – $194,000

Sell confidently with a local market expert in Reading. 3 minutes to get started.

Nearby similar homes

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New listings for sale in 19601

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Central location • Access to shopping • 2,613 sq ft lot

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Updated kitchen • Full basement • Natural gas heating

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4 beds2 baths2,084 sq ft

116 W Windsor St, Reading, PA 19601

Two unit property • Unfinished basement • On street parking

(610) 484-8663

Home values near 1040 Walnut St

Data from public records.

Address	Redfin Estimate
1030 Walnut Street Unit A, Reading, PA 2 Beds \| 1 Baths \| 792 Sq. Ft.	$91,639
1028 Walnut Street, Reading, PA 4 Beds \| 2 Baths \| 1972 Sq. Ft.	$170,171

Address	Redfin Estimate
1032 Walnut Street, Reading, PA 6 Beds \| 3 Baths \| 3174 Sq. Ft.	—
1036 Walnut Street, Reading, PA 4 Beds \| 1.5 Baths \| 1686 Sq. Ft.	$242,807

Address	Redfin Estimate
1030 Walnut Street, Reading, PA 3 Beds \| 1 Baths \| 840 Sq. Ft.	$144,974
1034 Walnut Street, Reading, PA 5 Beds \| 2 Baths \| 2280 Sq. Ft.	$226,773

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 19601, PA

Sale history for 1040 Walnut St

Tax history for 1040 Walnut St

Zoning

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 19601

Home values near 1040 Walnut St

More real estate resources