414 Walnut St, Reading, PA 19601
OFF MARKET

414 Walnut St
Reading, PA 19601

  • 3 Beds
  • 1,576 sqft
3 Beds
1,576 sqft

Local Information

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Description

Nice, spacious Colonial brick 3 Unit on the edge of the Callowhill Historic District and perfectly situated in a downtown location with all that downtown Reading has to offer and with quick access to major roads, shopping, schools and hospitals! Unit 1 is located on the 1st floor front and has 3 rooms, 1 BR, living room, kitchen, bath, basement access, hardwood floor, has a 1 car parking space for an additional $40 a month, all electric, electric cooking, electric baseboard heat all paid for by the tenant, rented for $550 a month by a family friend for 1 year since 9/02/20, very nice apartment. Unit 2 is located on the 2nd floor and has 5 rooms, 3 private BRS, living room, kitchen, bath, covered rear balcony, ceramic tiled bath & kitchen, electric cooking and baseboard heat all paid for by the tenant, currently vacant but was previously rented for $800 a month. The owner may rent this unit while in the process of being sold. Unit 3 is located in the first floor rear and is an efficiency unit with 2 rooms, BR/Living room, bath, there is no real kitchen, tenant has a small fridge and an electric hotplate used for cooking, the flooring is ceramic tile, electric baseboard heat, owner pays first $70 of the monthly electric bill - tenant pays the rest, rented for $400 a month on a year to year basis since 11/1/20. There is off street parking for 2 plus cars. All brick exterior with metal roofs. 200 AMP electric. Replacement windows. Owner pays for the electric hot water. Only one 40 gallon water heater for the 3 units. Owners also pays for WSTR. Total Income: $22,080. Total expenses: $6,720. NOI: $15,360. CAP Rate: 11%. Expenses breakdown: WSTR: $3,900. Owner's Electric: $840. Insurance: $700. Taxes: $1,180. Permits: $100. Parking income is included in the total income. The building is in overall good condition! Excellent investment opportunity with room to increase the rents, income and CAP Rate and a must for your investment portfolio!
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 & Cooling
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

Home Details for 414 Walnut St

Interior Features

Heating & Cooling
Heating: Other, OtherCooling System: CentralHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 2
Interior Details
AtticNumber of Rooms: 7

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: Multi Family

Exterior Features

Exterior Home Features
Exterior: Brick

Community

Units in Building: 2

Lot Information

Lot Area: 1742 sqft

Price History for 414 Walnut St

DatePriceEventSource
08/16/2021$135,000Sold
Bright MLS #PABK378630
06/11/2021$135,000PendingBright MLS #PABK378630
06/03/2021$135,000Listed For SaleBright MLS #PABK378630
10/27/2006$80,000Sold
N/A

Market trends in Reading

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$233K
$7.94KMoM
Sale-to-List Price
100.3%
0.3%MoM
Price per sq ft
$154
$5MoM
Available listings
334
14MoM
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Property Tax and Assessment

Year2025
Tax$1,217
Assessment$27,000
Home facts updated by county records

Homeowner tools

Estimated monthly rent$1,699/mo
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Homes for rent near 414 Walnut St

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Comparable Sales for 414 Walnut St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
125 N 8th St, Reading, PA
0.40
Multi-Family Home
$170,000
01/23/26
3
2
1,580
420 Woodward St, Reading, PA
0.27
Multi-Family Home
$210,000
06/05/26
4
-
1,985
735 Washington St, Reading, PA
0.36
Multi-Family Home
$250,000
07/08/25
3
2
1,750
341 N 2nd St, Reading, PA
0.30
Multi-Family Home
$294,900
09/15/25
4
3
2,034
153 Walnut St, Reading, PA
0.25
Multi-Family Home
$180,000
08/04/25
6
-
2,130
343 N 2nd St, Reading, PA
0.30
Multi-Family Home
$302,900
09/15/25
5
3
2,350
321 N 6th St, Reading, PA
0.26
Multi-Family Home
$289,900
03/04/26
5
3
2,540
730 Franklin St, Reading, PA
0.47
Multi-Family Home
$90,000
01/30/26
6
-
1,278
713 N 9th St, Reading, PA
0.75
Multi-Family Home
$160,000
03/06/26
3
2
1,990
129 N 8th St, Reading, PA
0.40
Multi-Family Home
$180,000
01/23/26
2
3
1,980

Nearby homes

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Assigned Schools

These are the assigned schools for 414 Walnut St.
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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 1992 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

  • 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.
  • 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
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  • 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!"
    0
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  • 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
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  • 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
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  • 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
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  • 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
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  • 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
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  • Trulia User
    "Bus transportation at every corner, easy to get around either by walking, bus, bike, scooter, handicap rams on corners. Traffic light"
    0
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  • 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
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  • 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
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  • ReadingRenter
    "Need a car for anything unless taking public transportation. 5th street highway is the best location for the city of reading. "
    0
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  • 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
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  • 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
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  • 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
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  • A.delacruzh
    "El Hass special event to make my community special because it’s too many culture that’s why are dividid"
    0
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  • Yoel Mejia Brito
    "Great community and great neighborhood beautiful people I am very happy living here I am secure and protected "
    0
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  • Juliocesarsalcedod
    "We have some events in special dates, for example in summer we have a special event for example kids parks. "
    0
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  • Keona Thompson
    "It’s peaceful and quiet for the most part and the cleanest area throughout reading beside the suburbs "
    0
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  • 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
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  • 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
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  • Oscarasocorro
    "Diversity of culture is what makes this neighborhood so unique and special, you can find and see everything in here"
    0
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  • 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
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  • 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
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  • Jul Kastle
    "Very Friendly Neighborhood~We Feel safe in our Community. Everyone is friendly and welcoming..Nice place to call Home. "
    0
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  • 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
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  • Morgan
    "724 can be backed up at times, which is annoying. Local groceries, post office, school and farmers market is all very convenient. "
    0
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  • 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
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  • Keesha Hill
    "The area of safety the schools and shopping the community overall The living of country suburban life "
    0
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  • 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
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  • Trulia User
    "I have everything l need close and you can buy cheap. A lot of job opportunities and excellent payments. The rent is not expensive and you can buy a house for an Amazing price. "
    0
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  • Trulia User
    "My neighborhood is dangerous and not safe for kids. I am expecting twins and do not feel comfortable living here."
    10
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  • Trulia User
    "Evening music and live action and drama. There are usually festivals and community events during all seasons "
    1
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  • 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
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  • Tamara.manke
    "1 hr to Philadelphia, Allentown, Harrisburg. 25 minutes to Pottstown, Lancaster, Boyertown. 15 minutes to downtown Reading."
    0
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  • Shane W.
    "great community to live in. lots of areas for kids and adults to both do and have activities.........."
    0
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Homes for sale near 414 Walnut St

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Off Market Homes Near 414 Walnut St

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414 Walnut St, Reading, PA 19601 is a 3 bedroom, 1,576 sqft multi-family built in 1900. This property is not currently available for sale. 414 Walnut St was last sold on Aug 16, 2021 for $135,000.