1038 Walnut St
Reading, PA 19601
- 4 Beds
- 3 Baths
- 1,355 sqft
4 Beds
3 Baths
1,355 sqft
Home Highlights
Parking
Open Parking
Price/Sqft
$229
Climate Control
Forced Air, Natural Gas Heating
Listed
66 days ago
Local Information
-- mins to
About this House
Excellent investment opportunity! Multi-Family with three residential units. The property features a tenant-occupied 1-bedroom unit currently rented for $800/month, with the tenant paying electric heat, hot water, and electric stove. The 1st floor rear studio unit is vacant, recently updated, and has a projected rent of approximately $1,100/month. The 2nd floor host a spacious vacant 2-bedroom unit, offers gas boiler heat and electric hot water. The property includes four separate utility meters, providing ease of management and tenant utility responsibility. Each tenant pays their own electric, hot water and heat. Ideal for investors or owner-occupants looking to generate strong rental income. Live in 1 for free, use the other 2 to cover the mortgage. Schedule a showing!
Last check for updates: about 12 hours ago
Listing courtesy of Jorge Diaz, (610) 507-4933
Light House Realtors, LLC, (484) 273-0056
Source: Bright MLS, MLS#PABK2073908

Home Details for 1038 Walnut St
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Interior Details Basement: OtherNumber of Rooms: 1Types of Rooms: Basement |
Beds & Baths Number of Bedrooms: 4Main Level Bedrooms: 2Number of Bathrooms: 3Number of Bathrooms (full): 3Number of Bathrooms (main level): 2 |
Dimensions and Layout Living Area: 1355 Square Feet |
Appliances & Utilities Appliances: Gas Water Heater |
Heating & Cooling Heating: Forced Air,Natural GasNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Forced Air |
Fireplace & Spa No Fireplace |
Levels, Entrance, & Accessibility Stories: 3Levels: ThreeAccessibility: None |
View No View |
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Exterior Home Features Other Structures: Above Grade, Below GradeFoundation: OtherNo Private Pool |
Parking & Garage No CarportNo GarageNo Attached GarageHas Open ParkingParking: On Street |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (above surface): 1355 Square Feet |
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Days on Market: 66 |
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Year Built Year Built: 1900 |
Property Type / Style Property Type: ResidentialProperty Subtype: TownhouseStructure Type: Interior Row/TownhouseArchitecture: Other |
Building Construction Materials: Vinyl Siding, Aluminum SidingNot a New Construction |
Property Information Parcel Number: 08531769019278 |
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Price List Price: $309,900Price Per Sqft: $229 |
Status Change & Dates Possession Timing: Close Of Escrow |
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MLS Status: ACTIVE |
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Direction & Address City: READINGCommunity: Reading |
School Information Elementary School District: ReadingJr High / Middle School District: ReadingHigh School District: Reading |
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Listing Agent Listing ID: PABK2073908 |
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Building Area Building Area: 1355 Square Feet |
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Not Senior Community |
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No HOA |
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Lot Area: 1306 sqft |
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Special Conditions: Standard |
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Listing Agreement Type: Exclusive Right To SellListing Terms: Conventional, Cash |
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Business Information Ownership: Fee Simple |
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BasementMls Number: PABK2073908Municipality: READING CITYAbove Grade Unfinished Area: 1355 |
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Source Internet Automated Valuation Display: YSource Internet Consumer Comment: YSource Internet Entire Listing Display: YSource Internet Address Display: Y |
Around this home
What Locals Say about Reading
At least 1993 Trulia users voted on each feature.
82 % Say there are sidewalks
78 % Say car is needed
75 % Say it's dog friendly
73 % Say yards are well-kept
69 % Say there's holiday spirit
67 % Say kids play outside
58 % Say it's walkable to grocery stores
53 % Say streets are well-lit
53 % Say parking is easy
51 % Say people would walk alone at night
48 % Say it's walkable to restaurants
48 % Say they plan to stay for at least 5 years
48 % Say neighbors are friendly
46 % Say it's quiet
43 % Say there's wildlife
28 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
Market trends in Reading
Last updated July 2026
Avg. sale price
$260K
$13.33KMoM
Sale-to-List Price
100.3%
Price per sq ft
$159
$2MoM
Available listings
393
32MoM
Home Value
Trulia Estimate
$307KSince last month
Increased$2K (+0.6%)Since last year
Increased$123K (+66.4%)Since last sale
Increased$117K (+61.5%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +690% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $307K |
| July 2026 | $305K |
| June 2026 | $321K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.05 | Townhouse | $207,000 | 01/23/26 | 4 | 1.5 | 1,248 | |
0.31 | Townhouse | $179,900 | 01/30/26 | 4 | 2 | 1,220 | |
0.09 | Townhouse | $169,000 | 07/31/26 | 4 | 2 | 1,222 | |
0.10 | Townhouse | $240,000 | 06/12/26 | 3 | 2.5 | 1,265 | |
0.12 | Townhouse | $185,000 | 03/10/26 | 4 | 1.5 | 1,288 | |
0.10 | Townhouse | $107,000 | 03/24/26 | 4 | 1.5 | 1,380 | |
0.20 | Townhouse | $189,900 | 05/08/26 | 3 | 1.5 | 1,255 | |
0.38 | Townhouse | $220,000 | 04/17/26 | 4 | 2.5 | 1,306 | |
0.09 | Townhouse | $189,900 | 11/14/25 | 5 | 1.5 | 1,723 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.02 | $220,800 | 4 | 2 | 1,419 | Off Market | |
0.01 | $234,500 | 5 | 2 | 2,280 | Off Market | |
0.03 | $145,000 | 4 | 1 | 1,380 | Recently Sold | |
0.01 | - | 4 | 3 | 2,124 | Off Market | |
0.05 | $212,800 | 4 | 1.5 | 1,560 | Off Market | |
0.01 | $287,000 | 4 | - | - | Off Market | |
0.02 | - | 5 | 3 | 2,074 | Off Market | |
0.04 | $470,000 | 5 | - | 4,920 | For Sale | |
0.02 | $267,700 | 3 | 1.5 | 2,299 | Off Market | |
0.04 | - | 4 | - | 2,010 | Off Market | |
0.03 | $90,000 | 3 | 1 | 1,088 | Foreclosure |
Price and Tax history
| Date | Event | Price |
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Aug 21, 2026 Source: Bright MLS #PABK2075680 | PriceChange | $309,500 Price decreased by 0% |
Jul 23, 2026 Source: Bright MLS #PABK2073908 | PriceChange | $309,900 Price decreased by 2% |
Jul 8, 2026 Source: Bright MLS #PABK2073908 | PriceChange | $314,900 Price decreased by 2% |
Jul 3, 2026 Source: Bright MLS #PABK2073908 | PriceChange | $319,900 Price decreased by 1% |
Jun 30, 2026 Source: Bright MLS #PABK2073908 | PriceChange | $324,500 Price decreased by 0% |
Jun 19, 2026 Source: Bright MLS #PABK2073908 | Listed For Sale | $325,000 |
Jan 16, 2026 Source: N/A | Sold | $190,000 |
Jul 10, 2012 Source: Agent Provided | ListingRemoved | $38,900 |
Jun 7, 2012 Source: Agent Provided | PriceChange | $38,900 Price decreased by 3% |
Dec 15, 2011 Source: Agent Provided | Listed For Sale | $39,900 |
Oct 14, 2011 Source: Agent Provided | ListingRemoved | $52,900 |
Sep 14, 2011 Source: Agent Provided | PriceChange | $52,900 Price decreased by 16% |
Apr 21, 2011 Source: Agent Provided | Listed For Sale | $62,900 |
Jun 29, 2001 Source: N/A | Sold | $15,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $1,316 | $29,200 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Jorge Diaz, Light House Realtors, LLC, (484) 273-0056
Agent Phone: (610) 507-4933

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Frequently asked questions about 1038 Walnut St
- What is the estimated monthly payment for 1038 Walnut St?Based on a $309,900 list price with 20% down at today's rates, the estimated monthly payment for 1038 Walnut St in Reading, PA is approximately $2,083 (about $1,618 principal & interest, $390 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 1038 Walnut St compare to homes in Reading?1038 Walnut St in Reading, PA is listed at $309,900, about 19% above the $260K median sale price in Reading.
- What do residents say about Reading?Residents describe Reading, PA as pedestrian-friendly, dog-friendly, and well-kept. See homes for sale in Reading, PA.
- What are the closest schools to 1038 Walnut St?The closest schools to 1038 Walnut St in Reading, PA are Reading Senior High School (rated 1/10), Southern Middle School (Elementary, rated 3/10), Tenth & Penn El School (Pre-K/Elementary, rated 3/10).
- Does 1038 Walnut St have parking?Yes, 1038 Walnut St in Reading, PA has on-site parking.
1038 Walnut St, Reading, PA 19601 is a 4 bedroom, 3 bathroom, 1,355 sqft townhouse built in 1900. This property is currently available for sale and was listed by Bright MLS on Jun 19, 2026. The MLS # for this home is MLS# PABK2073908.

