1039 Walnut St, Reading, PA 19601
Property image
Property image
OFF MARKET

1039 Walnut St
Reading, PA 19601

  • 4 Beds
  • 2,010 sqft
4 Beds
2,010 sqft

Local Information

  • Map ViewExplore the area around 1039 Walnut St.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

One of the most important things to consider when buying an investment is what bills you (the owner) are going to get stuck with having to pay. The tenants here each pay for their own heat which is affordable natural gas, their own hot water - gas again, and their own electric. What the tenants won't be stuck with is paying an electric bill that includes electric baseboard heat - which is very costly to them! They very much appreciate having gas heat - more affordable and more reliable! That leaves you, the owner, with having to pay just the water/sewer/trash bill which in 2024 came to $2,001 FOR THE YEAR! Extremely reasonable!! Both these units have been upgraded, both have 2 private bedrooms and both are quite spacious!! 1st floor rents for $845 and the 2nd floor rents for $975. On top of that there are 2 parking spaces behind the building which are rented out at $75 per space. This has everything a savvy investor looks for in a property - schedule your showing today!!
1039 Walnut St, Reading, PA 19601 is a 4 bedroom, 2,010 sqft multi-family built in 1900. It last sold for the $234,900 asking price on Apr 22, 2025. More recently, it was listed as a rental in October 2023 with an asking price of $975 per month. That rental listing was removed on January 19, 2024. It is currently off market. The Trulia Estimate rent is $1,948/month.

Home Highlights

Parking
Parking Lot
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 1039 Walnut St

Interior Features

Interior Details
Number of Rooms: 1Types of Rooms: Basement
Beds & Baths
Number of Bedrooms: 4
Dimensions and Layout
Living Area: 2010 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
Accessibility: None
View
No View

Exterior Features

Exterior Home Features
Other Structures: Above Grade, Below GradeFoundation: StoneNo Private Pool
Parking & Garage
No CarportNo GarageNo Attached GarageParking Spaces: 2Parking: Parking Lot
Pool
Pool: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: Residential IncomeProperty Subtype: TownhouseStructure Type: End of Row/TownhouseArchitecture: Traditional
Building
Construction Materials: Brick, Vinyl SidingNot a New Construction
Property Information
Parcel Number: 09531769019452

Price & Status

Price
List Price: $234,900
Status Change & Dates
Off Market Date: Tue Apr 22 2025Possession Timing: Immediate

Active Status

MLS Status: CLOSED

Location

Direction & Address
City: READING
School Information
Elementary School District: ReadingJr High / Middle School District: ReadingHigh School District: Reading

Building

Building Area
Building Area: 2010 Square Feet

Lot Information

Lot Area: 1306 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Agreement Type: Exclusive Right To Sell

Business

Business Information
Ownership: Fee Simple

Miscellaneous

Mls Number: PABK2053710Municipality: READING CITY
Last check for updates: about 6 hours ago
Listed by Craig Binkley, (610) 779-6244
A G Binkley Jr Real Estate
Bought with: Unrepresented Buyer, (844) 552-7444, Unrepresented Buyer Office
Source: Bright MLS, MLS#PABK2053710

Price History for 1039 Walnut St

DatePriceEventSource
04/22/2025$234,900Sold
Bright MLS #PABK2053710
03/03/2025$234,900PendingBright MLS #PABK2053710
02/21/2025$234,900Listed For SaleBright MLS #PABK2053710
01/19/2024ListingRemovedBright MLS #PABK2035612
10/06/2023$975Listed For RentBright MLS #PABK2035612
08/26/2022ListingRemovedZillow Rental Network Premium
07/27/2022$845Listed For RentZillow Rental Network Premium #PABK2019480
03/04/2021ListingRemovedZillow Rental Network Premium
02/12/2021$715Listed For RentZillow Rental Network Premium #PABK373480
03/09/2007$72,700Sold
N/A
05/12/2006$42,500Sold
N/A
01/09/2006$2,000Sold
N/A
06/29/2001$42,000Sold
N/A

Market trends in Reading

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$247K
$10KMoM
Sale-to-List Price
100.3%
Price per sq ft
$157
$3MoM
Available listings
360
25MoM
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Property Tax and Assessment

Year2025
Tax$1,555
Assessment$34,500
Home facts updated by county records

Comparable Sales for 1039 Walnut St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1039 Washington St, Reading, PA
0.10
Multi-Family Home
$265,000
12/31/25
4
3
1,996
105 N 10th St, Reading, PA
0.12
Multi-Family Home
$325,000
11/18/25
4
12
2,080
13 S 11th St, Reading, PA
0.27
Multi-Family Home
$250,000
08/19/25
5
2
2,110
315 N 10th St, Reading, PA
0.12
Multi-Family Home
$330,000
12/30/25
4
4
1,860
102 N 11th St, Reading, PA
0.11
Multi-Family Home
$324,900
07/23/25
6
-
2,742
319 N 9th St, Reading, PA
0.21
Multi-Family Home
$305,000
03/03/26
5
-
2,010
1143 Franklin St, Reading, PA
0.35
Multi-Family Home
$230,000
04/28/26
5
-
2,459
125 N 8th St, Reading, PA
0.27
Multi-Family Home
$170,000
01/23/26
3
2
1,580
114 N 10th St, Reading, PA
0.13
Multi-Family Home
$285,000
01/29/26
6
-
2,694
701 N 11th St, Reading, PA
0.51
Multi-Family Home
$210,000
12/30/25
5
1
2,376

Nearby homes

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Assigned Schools

These are the assigned schools for 1039 Walnut St.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Reading

At least 1993 Trulia users voted on each feature.

  • 81 % 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

  • 54 % 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.
  • Julio Pacheco
    "Everybody is looking for each other’s "
    0
    Flag
  • Fg5mshvryr
    "Very picky they call the police for anything and everything. Is quiet but neighborhood is very noisy "
    1
    Flag
  • Juan
    "Reading is a great place to live, especially if you’re on the border next to the West and want a neighborhood that feels clean, safe, and walkable. The area has great parks, and it’s perfect for kids, casual walks, and bike rides around town. Like anywhere, you may occasionally see people trying to break into cars, but it’s sporadic rather than constant, and most of the time the neighborhood feels peaceful. A lot of the neighbors are friendly and easy to get along with, though, like anywhere, there are a few difficult people mixed in. Overall, Reading has a strong small-town feel with good energy and plenty to like. Reading’s borough site highlights its 21-acre park and community recreation options, and local sources commonly describe it as walkable and family-friendly"
    0
    Flag
  • Trulia User
    "I've lived in this neighborhood for almost 10 yrs and love it. Nice people and stores and restaurants within walking distance and a Safe feeling when out walking!"
    2
    Flag
  • Enjoli Ruley-Yates
    "Know what part of reading and what school district you are looking to move into. Parking is crazy in the city."
    0
    Flag
  • Kiara Felix Cruz
    "Parents generally prioritize fostering a safe, loving, and nurturing environment that promotes their child's long-term well-being and independence. Key priorities include providing unconditional love, establishing consistent boundaries, building strong communication, and modeling good behavior. Parents also highly value teaching responsibility and"
    0
    Flag
  • Trulia User
    "This area is a Friendly area but please make sure you check the predator app cause they are several in the area for those people who have children."
    0
    Flag
  • Trulia User
    "Very cheap, too many jobs opportunities,the cost of leaving is not that bad ,good people, is like all different states that has their good side and the bad side."
    0
    Flag
  • Kiara Felix Cruz
    "Dog owners in Reading love the abundance of scenic green spaces, such as Gring’s Mill Recreation Area and the Reading Public Museum Arboretum, which feature extensive walking trails. Secure, off-leash play is a major plus at spots like Jim Dietrich Dog Park and the new Schlegel Park facility"
    0
    Flag
  • Trulia User
    "Bus transportation at every corner, easy to get around either by walking, bus, bike, scooter, handicap rams on corners. Traffic light"
    0
    Flag
  • Ki
    "They treat you like family and are very awesome towards you they have block parties they get along monster the race color appearance "
    2
    Flag
  • Shane81evans
    "Quit streets good hard working people A neighborhood's uniqueness comes from its unique blend of people, local businesses, amenities, and character. Factors like safety, the quality of schools, and community atmosphere contribute to its distinct identity, while specific features such as a thriving food scene, parks, or a rich history can make it special. Ultimately, a neighborhood becomes unique through the relationships residents build, the shared meanings they attach to places, and the lifestyle it"
    0
    Flag
  • Fred Matias
    "Our neighborhood is quite and safe. We have children in the neighborhood running up and down the block. There are no issues nor problem in our Nieghbor’s. "
    0
    Flag
  • ReadingRenter
    "Need a car for anything unless taking public transportation. 5th street highway is the best location for the city of reading. "
    0
    Flag
  • Jose Pinheiro
    "If you’re looking for the perfect place to call home, let me introduce you to my outstanding neighborhood — a true hidden gem! 🌿 ✅ Safe and Secure – Peace of mind is priceless, and here we enjoy a strong sense of safety and community watch. ✅ Quiet & Peaceful – Away from the noise, close to nature, and perfect for families, retirees, or anyone who values a calm environment. ✅ Friendly Neighbors – The kind of place where people still wave hello, lend a hand, and make you feel at home. ✅ Beautiful Streets & Well-Kept Homes – Pride of ownership is everywhere you look. ✅ Perfect Location – Convenient access to schools, parks, local shops, and commuter routes."
    0
    Flag
  • Fred Matias
    "No community events are or have been done here, but I would love to have a neighborhood block party to celebrate us as a people. "
    0
    Flag
  • Ktweber
    "I live in a pet friendly apartment complex and see many people walking their dogs around. Most people keep their dogs on leash. "
    0
    Flag
  • A.delacruzh
    "El Hass special event to make my community special because it’s too many culture that’s why are dividid"
    0
    Flag
  • Yoel Mejia Brito
    "Great community and great neighborhood beautiful people I am very happy living here I am secure and protected "
    0
    Flag
  • Juliocesarsalcedod
    "We have some events in special dates, for example in summer we have a special event for example kids parks. "
    0
    Flag
  • Keona Thompson
    "It’s peaceful and quiet for the most part and the cleanest area throughout reading beside the suburbs "
    0
    Flag
  • Leslie.perez1768
    "I don’t know cause I don’t have a dog but there are to many dogs in my area of reading and I’m allergic to them so it’s not really a good area for people allergies to Live in"
    0
    Flag
  • Lena Taniyo
    " There is a lot of people walking their dogs around Exeter neighborhoods. For the most part everyone picks up after their dogs. Just remember always leash your dog! :) "
    0
    Flag
  • Oscarasocorro
    "Diversity of culture is what makes this neighborhood so unique and special, you can find and see everything in here"
    0
    Flag
  • Jennsantanao.04
    "I need more space where to have my pet and I want an extra room and a better school nearby for my daughter."
    0
    Flag
  • Morsletine67
    "There are a lot of people that walk their dogs in this area and most people are animal friendly, but you do have some people that put up signs to keep off lawn. The reason I believe this happens is because you do have some people, very few, that will walk their dogs at night and not clean up. As a dog owner, I always clean up after my dog and I get very annoyed when I am walking and I see that someone didn’t clean up after their dog. "
    0
    Flag
  • Jul Kastle
    "Very Friendly Neighborhood~We Feel safe in our Community. Everyone is friendly and welcoming..Nice place to call Home. "
    0
    Flag
  • Jfinks69
    "Neighbors are respectful of each other and their properties. The area is maintained and is close enough to shops and businesses without being too close. "
    0
    Flag
  • Morgan
    "724 can be backed up at times, which is annoying. Local groceries, post office, school and farmers market is all very convenient. "
    0
    Flag
  • Pchacon2122
    "Neighbors are pet friendly and I have ample space for my dogs in my yard. I feel my dogs are safe in our yard/home "
    5
    Flag
  • D. Rivera
    "Absolutely nothing. I moved here because I lived among the elderly and they began moving and selling their homes after Covid. Now the neighbors are loud with music playing constantly. Outside smoking weed and using profanity all the time. Gets worse during the summer time. I cannot let my kids outside to ply because there is no respect for them as children."
    25
    Flag
  • hm96
    "Some people do not keep their dogs quiet, then the barking picks up when people or another dog is walking by. "
    0
    Flag
  • Keesha Hill
    "The area of safety the schools and shopping the community overall The living of country suburban life "
    0
    Flag
  • Trulia User
    "Never leave your children alone outside. Many predators live in the area and it’s just not safe to leave them alone. "
    13
    Flag
  • Trulia User
    "My neighborhood has great access to public transportation. It's near to a lot of market, you can get your foods ordered and delivered with no problem. "
    5
    Flag
  • Trulia User
    "My neighborhood is dangerous and not safe for kids. I am expecting twins and do not feel comfortable living here."
    10
    Flag
  • Trulia User
    "Evening music and live action and drama. There are usually festivals and community events during all seasons "
    1
    Flag
  • Trulia User
    "There’s a dog swim every year on the last day that the pool is open where the dogs of the area get to go swimming. They also do a family night out every year where they show a movie on a big screen and have police and fire trucks teaching safety and playing games and vendors "
    3
    Flag
  • Cjmayernik
    "easy access to major roadways heading towards Lancaster and Ephrata area as well as towards the Exeter and Philadelphia areas"
    0
    Flag
  • Shane W.
    "great community to live in. lots of areas for kids and adults to both do and have activities.........."
    0
    Flag

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Apartments for Rent

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Explore by feature - Pet Friendly

82 pet-friendly rentals in Reading, PA

Explore by feature - Garage

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Explore by feature - Air Conditioning

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Explore by feature - Pool

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Explore by feature - Washer/dryer

70 rentals with a washer/dryer in Reading, PA

Explore by feature - Outdoor Space

28 rentals with an outdoor space in Reading, PA

Homes for sale near 1039 Walnut St

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Off Market Homes Near 1039 Walnut St

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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, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information 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 the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc. Click here for more information