Great turn key investment opportunity! Welcome to 1607 Mineral Spring Rd. This is a well maintained 3 unit semi detached building. Currently occupied with 2 long term tenants. 3rd floor unit is vacant and was recently painted and updated. Ready to rent or occupy! 1st floor unit is a 1 bedroom apt. 2nd floor unit is also a 1 bedroom apt ( tenant has been there 20+ years) and the 3rd floor Unit is a 1 bedroom apt. Each unit pays their own, heat, hot water and electricity. This property has 3 separate gas heating units! 3 separate water heaters and electric panels! keeps utility expenses low for property owner who just pays owner electric, insurance and City of Reading water bill!
TREND #6380707
Dec 1, 2016
Sold
$85,000
$25/sq ft
Nov 2, 2016
Pending
—
Sep 14, 2016
Price Changed
$97,000
$29/sq ft
Jul 5, 2016
Relisted
—
Jul 1, 2016
Delisted
—
Jun 6, 2016
Relisted
—
Apr 27, 2016
Pending
—
Jan 4, 2016
Relisted
—
Jan 2, 2016
Delisted
—
Mar 5, 2015
Price Changed
$99,999
$30/sq ft
Aug 12, 2014
Price Changed
$109,900
$33/sq ft
Apr 24, 2014
Listed
$119,900
$36/sq ft
BRIGHT MLS #1002905094
Dec 1, 2016
Sold
$85,000
$25/sq ft
Nov 1, 2016
Listing Removed
—
Apr 24, 2014
Listed
$97,000
$29/sq ft
HERE'S A GREAT MONEYMAKER!! Nice three-unit apartment building with good rental income. 1st Floor unit has 2-Bedrooms, 1-Bath, 2nd Floor unit has 1-Bedroom, 1-Bath and 3rd Floor unit has 1-Bedroom and 1-Bath. Tenants pay Gas Heat, Hot Water & Electric.
Public Records
Nov 17, 2003
Sold
$81,000
$24/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$3,868 (+2.4%)
$17,400 + $66,400
$83,800
2025
$3,777 (+1.5%)
$17,400 + $66,400
$83,800
2024
$3,721 (+1.6%)
$17,400 + $66,400
$83,800
2023
$3,663
$17,400 + $66,400
$83,800
2022
$3,663
$17,400 + $66,400
$83,800
2021
$3,663 (+1.0%)
$17,400 + $66,400
$83,800
2020
$3,627
$17,400 + $66,400
$83,800
2019
$3,627
$17,400 + $66,400
$83,800
2018
$3,627 (+0.7%)
$17,400 + $66,400
$83,800
2017
$3,602 (+6.2%)
$17,400 + $66,400
$83,800
2015
$3,391 (+1.2%)
$17,400 + $66,400
$83,800
2014
$3,350
$17,400 + $66,400
$83,800
2013
$3,350 (+6.0%)
$17,400 + $66,400
$83,800
2012
$3,162
$17,400 + $66,400
$83,800
2011
$3,162 (+6.8%)
$17,400 + $66,400
$83,800
2010
$2,961
$17,400 + $66,400
$83,800
Tax history for 1607 Mineral Spring Rd
Year
Property tax
Land + Additions
Assessment*
2026
$3,868 (+2.4%)
$17,400 + $66,400
$83,800
2025
$3,777 (+1.5%)
$17,400 + $66,400
$83,800
2024
$3,721 (+1.6%)
$17,400 + $66,400
$83,800
2023
$3,663
$17,400 + $66,400
$83,800
2022
$3,663
$17,400 + $66,400
$83,800
2021
$3,663 (+1.0%)
$17,400 + $66,400
$83,800
2020
$3,627
$17,400 + $66,400
$83,800
2019
$3,627
$17,400 + $66,400
$83,800
2018
$3,627 (+0.7%)
$17,400 + $66,400
$83,800
2017
$3,602 (+6.2%)
$17,400 + $66,400
$83,800
2015
$3,391 (+1.2%)
$17,400 + $66,400
$83,800
2014
$3,350
$17,400 + $66,400
$83,800
2013
$3,350 (+6.0%)
$17,400 + $66,400
$83,800
2012
$3,162
$17,400 + $66,400
$83,800
2011
$3,162 (+6.8%)
$17,400 + $66,400
$83,800
2010
$2,961
$17,400 + $66,400
$83,800
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
6
Baths
3
Stories
3
Lot width
—
Lot depth
—
Lot size
4,792 Sq. Ft.
Year renovated
—
Sq. Ft.
3,371
Year built
1910
Style
Other
County
Berks County
APN
16531606490039
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 31, 2026.
R-1
Residential District
The R-1 Districts preserve and enhance low-density areas composed of one-family detached dwellings on relatively large lots. The R-2 Medium Density District provides a variety of one-family detached, semidetached and attached dwellings. The R-3 District allows the highest residential densities and permits multifamily apartments.
Permitted uses
Include but are not limited to:
Garden center
Housing-Single unit
Communications tower
Agriculture-Cropland
Park & open space
Property details
Parking
Parking Information
On Street
Interior
Interior Information
Living Area Sq.Ft. Source: Assessor
Basement Information
Basement: Yes
Full
Exterior
Property Information
Total Below Grade Sq. Ft.: 0
Accessibility Features: Other
Improvement Assessed Value: $66,400
Ownership Interest: Fee Simple
Year Built Source: Assessor
Building Information
# of Units (Total): 3
Construction Materials: Brick
Other Structures: Above Grade, Below Grade
Structure Type: Semi-Detached
Lot Information
Lot Size Dimensions: 0.00 x 0.00
Lot Dimensions Source: Assessor
Tidal Water: No
Land Information
Land Assessed Value: $17,400
Above Grade Information
Finished Sq.Ft.: 3,370
Finished Sq.Ft. Source: Assessor
Below Grade Information
Unfinished Sq.Ft. Source: Assessor
Finished Sq.Ft. Source: Assessor
Financial
Tax Information
Agricultural Tax Due: No
City/Town Tax: $1,519
County Tax: $642
School Tax: $1,503
Tax Assessed Value: $83,800
Tax Year: 2021
Tax Annual Amount: $3,663
Assessments Information
Year Assessed: 2021
Utilities
Utilities Information
Hot Water
Heating Fuel: Natural Gas
Hot Water: Natural Gas
Sewer Septic: Public Sewer
Water Source: Public
Location
Multi Unit Information
# of One Bedroom Units: 3
School Information
School District Name: READING
School District Source: Listing Agent
Location Information
Directions: GPS
Municipality: READING CITY
Public facts
Beds: 6
Baths: 3.0
Sq. Ft.: 3,371
Stories: 3.0
Lot Size: 4,792 square feet
Style: Other
Year Built: 1910
Year Renovated: —
County: Berks County
APN: 16531606490039
Home facts updated by county records on Aug 31, 2026
Around this home
Schools
Sixteenth & Haak El School
Public PreK-4 • Assigned • 0.1mi
2/10
Central Middle School
Public 5-8 • Assigned • 0.7mi
3/10
Reading Senior High School
Public 9-12 • Assigned • 1.1mi
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
16% 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 • 19602
Average low and high temperatures (°F)
35
21
40
26
59
37
67
46
73
55
84
64
87
71
81
62
78
60
68
47
55
39
40
27
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Estimated sale price
$280,000 – $339,000
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