This home's estimate is 52.5% higher than the average sale price ($254K) of 6 comparable homes.
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738 N 3rd St, Reading, PA 19601
About this home
BACK ON THE MARKET DUE TO BUYER'S FINANCING FALLING THROUGH (AFTER INSPECTION AND APPRAISAL CONTINGENCIES HAD ALREADY BEEN MET). .. .. A RARELY OFFERED TRUE-BLUE "QUADRAPLEX" 4-UNIT MULTI-FAMILY BUILDING IN GOOD CONDITION! Building is fully occupied with loyal and mostly long-term tenants who pay their rent on time! Located in the "Centre Park Historic District. " Boasting nearly 3,500 sq ft of living space (with large rooms in each unit), this gem offers old world charm with original of woodwork meets modern touches. Such a beautiful community and picturesque block! This building consists of three 1-bedroom apartment units plus one 2-bedroom apartment unit, with a serene backyard in the rear. It features a newer energy efficient heating system and is ripe for owner-occupants who'd like to have the rent-paying tenants help defray the mortgage and expenses. The new owner benefit from the revenue generated by the coin-operated washers and dryers located on-site which helps defray the landlord’s utility cost. Investors will also love this GREAT opportunity in this sought after, historical neighborhood. Must see in person to fully appreciate this one. NOTE: Seller may possibly consider an “assist/concession” for the right, qualified buyer with an attractive offer. Sellers says make ALL written offers known!
Redfin Estimate
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Market trends in 19601, PA
Last updated October 2026
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Sale history for 738 N 3rd St
$86/sq ft
$104/sq ft
$109/sq ft
$109/sq ft
$0/sq ft
$44/sq ft
$44/sq ft
$45/sq ft
$45/sq ft
$45/sq ft





Great location - 4 unit mult-unit in the Center Park Historic District. This building is in great condition and is very well maintained! Lots of original wordwork that gives that "Old World Charm". Seller has service contracts with the heat, roof and pest control & fire extinguishers. Quit neighborhood, new coin operated laundry in basement makes extra money. Overall a good investment! Take a look!
$37/sq ft
$37/sq ft
$39/sq ft
$39/sq ft
Tax history for 738 N 3rd St
*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
R-3
CENTRAL PARK HISTORIC DISTRICT
Residential District
The R-3 District allows the highest residential densities and permits multifamily apartments.Include but are not limited to:
- Housing-Single unit
- Housing-Multiple units
- 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
- Unfinished
- Multi Unit Information
- # of Single Room Units: 1
- # of One Bedroom Units: 2
- # of Two Bedroom Units: 1
- # of Units Leased: 4
- Units Furnished: None
- Gross Income: $36,800
- Gross Scheduled Income: $34,440
- Income Includes: Apartment Rentals, Laundry
Exterior
- Property Information
- Total Below Grade Sq. Ft.: 0
- Improvement Assessed Value: $77,200
- Ownership Interest: Fee Simple
- Property Condition: Good
- Year Built Source: Assessor
- Building Information
- # of Units (Total): 4
- Construction Materials: Brick
- Foundation Details: Brick/Mortar, Concrete Perimeter
- Other Structures: Above Grade, Below Grade
- Structure Type: Semi-Detached
- Building Not Winterized
- Lot Information
- Lot Size Dimensions: 0.00 x 0.00
- Lot Dimensions Source: Assessor
- Tidal Water: No
- Land Information
- Land Assessed Value: $12,600
- Above Grade Information
- Finished Sq.Ft.: 3,379
- Finished Sq.Ft. Source: Assessor
- Below Grade Information
- Unfinished Sq.Ft. Source: Assessor
- Finished Sq.Ft. Source: Assessor
Financial
- Tax Information
- City/Town Tax: $1,628
- County Tax: $749
- Tax Assessed Value: $89,800
- Tax Year: 2024
- Tax Annual Amount: $2,377
- Assessments Information
- Year Assessed: 2024
- Lease Information
- Existing Lease Type: Month to Month
- Rental Information
- Rent Control: No
- Total Actual Rent: $34,440
Utilities
- Utilities Information
- Cooling Fuel: Natural Gas
- Radiant
- Heating Fuel: Natural Gas
- Hot Water: Natural Gas
- Sewer Septic: Public Sewer
- Under Ground
- Water Source: Public
Location
- School Information
- School District Name: READING
- School District Source: Listing Agent
- Location Information
- Directions: GPS
- Municipality: READING CITY
Public facts
- Beds: 4
- Baths: 4.0
- Sq. Ft.: 3,379
- Stories: 2.5
- Lot Size: 3,920 square feet
- Style: Multi-Family (2-4 Unit)
- Year Built: 1910
- Year Renovated: —
- County: Berks County
- APN: 14530758646561
Around this home
Schools
Public 5-8 • Assigned • 0.4mi
Public 9-12 • Assigned • 1.1mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 100° expected this year, 16 days in 30 years
15% chance of strong winds in next 30 years
1 unhealthy days expected this year, 4 days in 30 years
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.
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New listings for sale in 19601
Home values near 738 N 3rd St
| Address | Redfin Estimate |
|---|---|
5 Beds | 3.5 Baths | 3422 Sq. Ft. | $301,194 |
6 Beds | 1.5 Baths | 2813 Sq. Ft. | $252,821 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 4 Baths | 3212 Sq. Ft. | $308,702 |
5 Beds | 1.5 Baths | 3000 Sq. Ft. | $274,455 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 3 Baths | 2943 Sq. Ft. | $289,055 |
5 Beds | 3.5 Baths | 3791 Sq. Ft. | $360,900 |
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