1040 Walnut St
Reading, PA 19601
- Studio
- 944 sqft (on 871.20 acres)
Studio
944 sqft
(on 871.20 acres)
Homes for sale near 1040 Walnut St
Apartments for Rent
Local Information
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Description
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!
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources.
Home Highlights
Parking
No Info
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$132/sqft
Listed
No Info
Home Details for 1040 Walnut St
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Heating & Cooling Heating: Baseboard, ElectricHeating Fuel: Baseboard |
Levels, Entrance, & Accessibility Stories: 2 |
Interior Details AtticNumber of Rooms: 5 |
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Year Built Year Built: 1900 |
Property Type / Style Property Type: Single Family Home |
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Exterior Home Features Exterior: Other |
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Price Price Per Sqft: $132/sqft |
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Units in Building: 2 |
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Lot Area: 871.20 acres |
Price History for 1040 Walnut St
| Date | Price | Event | Source |
|---|---|---|---|
| 02/10/2026 | $125,000 | Sold | N/A |
| 04/16/2018 | $32,500 | Sold | N/A |
| 02/15/2018 | $40,000 | Listed For Sale | Agent Provided |
| 07/26/2012 | $26,000 | Sold | N/A |
| 06/07/2012 | $26,900 | PriceChange | Agent Provided |
| 03/22/2012 | $27,900 | PriceChange | Agent Provided |
| 12/15/2011 | $28,900 | Listed For Sale | Agent Provided |
| 10/14/2011 | $48,900 | ListingRemoved | Agent Provided |
| 09/14/2011 | $48,900 | PriceChange | Agent Provided |
| 07/16/2011 | $58,900 | PriceChange | Agent Provided |
| 07/14/2011 | $29,999 | PriceChange | Agent Provided |
| 04/22/2011 | $58,900 | PriceChange | Agent Provided |
| 12/17/2010 | $29,999 | Listed For Sale | Agent Provided |
| 10/24/2001 | $4,000 | Sold | N/A |
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $1,185 |
| Assessment | $26,300 |
Home facts updated by county records
Comparable Sales for 1040 Walnut St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.10 | Single-Family Home | $115,000 | 12/04/25 | 4 | 1 | 864 | |
0.11 | Single-Family Home | $100,000 | 09/24/25 | 3 | 1 | 1,018 | |
0.11 | Single-Family Home | $107,000 | 03/24/26 | 4 | 1 | 1,380 | |
0.18 | Single-Family Home | $100,000 | 11/13/25 | 3 | 1 | 1,176 | |
0.15 | Single-Family Home | $132,500 | 05/09/25 | 5 | 1 | 1,656 | |
0.27 | Single-Family Home | $155,000 | 09/30/25 | 3 | 1 | 948 | |
0.14 | Single-Family Home | $82,500 | 04/29/26 | 2 | 1.5 | 756 | |
0.15 | Single-Family Home | $165,000 | 10/15/25 | 3 | 1 | 1,393 | |
0.25 | Single-Family Home | $144,000 | 03/30/26 | 4 | 1 | 1,330 |
Assigned Schools
These are the assigned schools for 1040 Walnut St.
What Locals Say about Reading
At least 1992 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
Learn more about our methodology.
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Homes for rent near 1040 Walnut St
Off Market Homes Near 1040 Walnut St
Explore by feature
1040 Walnut St, Reading, PA 19601 is a studio, 944 sqft single-family home built in 1900. This property is not currently available for sale. 1040 Walnut St was last sold on Feb 10, 2026 for $125,000. The current Trulia Estimate for 1040 Walnut St is $166,400.

