$425,600
- 10 Beds
- 1 Bath
948 Lancaster Ave, Reading, PA 19607
Est. Refi. Payment $2,819/mo*
Refinance Your HomeCurrently Off Market - Sold Sep 5, 2025 for $402,000
Home Value
Trulia Estimate
$426KSince last month
Increased$8K (+1.8%)Since last year
Decreased$122K (-22.4%)Since last sale
Increased$23K (+5.6%)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 +66% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $425K |
| August 2026 | $424K |
| July 2026 | $417K |
| June 2026 | $419K |
| May 2026 | $428K |
| April 2026 | $424K |
| March 2026 | $421K |
| February 2026 | $550K |
| January 2026 | $550K |
2025 | |
2024 | |
2023 | |
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 |
|---|---|---|---|---|---|---|---|
0.43 | Multi-Family Home | $293,000 | 12/01/25 | 4 | - | - | |
0.14 | Multi-Family Home | - | 08/14/26 | 4 | 4 | 1,858 | |
0.83 | Multi-Family Home | $280,000 | 06/24/26 | 4 | 4 | 3,251 | |
0.86 | Multi-Family Home | $221,000 | 07/28/26 | 3 | 3 | 1,626 | |
1.42 | Multi-Family Home | $245,000 | 08/06/26 | 5 | 2 | 2,840 | |
1.63 | Multi-Family Home | $300,000 | 05/29/26 | 4 | 2 | 1,836 | |
0.78 | Multi-Family Home | $222,000 | 08/27/26 | 3 | - | 1,382 | |
1.59 | Multi-Family Home | $240,000 | 09/10/25 | 7 | 2 | 2,392 |
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 |
|---|---|---|---|---|---|---|
0.07 | $266,800 | 3 | 1 | 1,148 | Off Market | |
0.04 | $295,300 | 3 | 2 | 1,908 | Off Market | |
0.08 | $343,900 | 4 | 2.5 | 2,028 | Off Market | |
0.09 | $222,200 | 3 | 1 | 1,024 | Off Market | |
0.07 | $249,100 | 3 | 1 | 1,144 | Off Market | |
0.06 | $266,800 | 4 | 2 | 1,280 | Off Market | |
0.11 | $260,000 | 3 | 2 | 1,408 | Recently Sold | |
0.13 | $220,500 | 3 | 1 | 1,368 | Recently Sold | |
0.11 | $265,000 | 3 | 1.5 | 1,584 | Recently Sold | |
0.14 | $247,500 | 3 | 1.5 | 1,200 | Off Market | |
0.15 | $257,500 | 3 | 1 | 1,200 | Off Market |
Local Information
-- mins to
Home Highlights
Multi-Family
Built in 1920
Garage
About this House
948 Lancaster Avenue is being offered as part of a package with the adjoining property at 946 Lancaster Avenue—the sales price reflects both properties. Together, they comprise a total of seven units, offering a strong investment opportunity with mixed-use potential. The combined buildings feature four two-bedroom apartments, two one-bedroom unit and a commercial storefront. There is a shared laundry area, providing additional income potential. Off-street parking for at least three vehicles is available in the rear lot, along with two garages that fit up to three cars. A large backyard is shared between both buildings, offering outdoor space for tenants. While the properties could benefit from some updating, their layout, location, and income-generating potential make them an excellent opportunity for value-minded investors.
948 Lancaster Ave, Reading, PA 19607 is a 10 bedroom, 1 bathroom multi-family built in 1920. It last sold for $402,000 on Sep 5, 2025 (28% below the $560,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $425,600, with a rent estimate of $1,471/month.
Last check for updates: about 4 hours ago
Listed by Chad Schlanger, (610) 334-2168
United Real Estate Strive 212
Bought with: Chad Schlanger, (610) 334-2168, United Real Estate Strive 212
Source: Bright MLS, MLS#PABK2059926

Home Details for 948 Lancaster Ave
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Interior Details Number of Rooms: 1Types of Rooms: Basement |
Beds & Baths Number of Bedrooms: 10Number of Bathrooms: 1 |
Appliances & Utilities Appliances: Electric Water Heater |
Heating & Cooling Heating: Forced Air,Radiator,OilNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Forced Air |
Fireplace & Spa No Fireplace |
Levels, Entrance, & Accessibility Accessibility: None |
View No View |
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Exterior Home Features Other Structures: Above Grade, Below GradeFoundation: StoneNo Private Pool |
Parking & Garage Number of Garage Spaces: 3Number of Covered Spaces: 3No CarportHas a GarageNo Attached GarageHas Open ParkingParking Spaces: 3Parking: Garage Faces Side,Garage Faces Rear,Storage,Alley Access,Detached,On Street |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
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Year Built Year Built: 1920 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: DuplexStructure Type: Twin/Semi-DetachedArchitecture: Traditional |
Building Construction Materials: StoneNot a New Construction |
Property Information Parcel Number: 18530618329407 |
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Price List Price: $560,000 |
Status Change & Dates Off Market Date: Wed Sep 24 2025Possession Timing: Immediate |
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MLS Status: CLOSED |
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Direction & Address City: READING |
School Information Elementary School District: ReadingJr High / Middle School District: ReadingHigh School District: Reading |
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Number Of Vacant Units: 5 |
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Lot Area: 5227 sqft |
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Special Conditions: Standard |
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Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, Conventional |
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Business Information Ownership: Fee Simple |
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Mls Number: PABK2059926Municipality: READING CITY |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 5, 2025 Source: Bright MLS #PABK2059926 | Sold | $402,000 |
Jul 25, 2025 Source: Bright MLS #PABK2059926 | Pending | $560,000 |
Jul 12, 2025 Source: Bright MLS #PABK2059926 | Listed For Sale | $560,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $5,039 | $111,800 |
Home facts updated by county records
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
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

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.
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Frequently asked questions about 948 Lancaster Ave
- What is 948 Lancaster Ave estimated to be worth?Trulia's estimated value for 948 Lancaster Ave in Reading, PA is $425,600.
- What is the price history for 948 Lancaster Ave?948 Lancaster Ave in Reading, PA last sold for $402,000 in September 2025.
- Is Reading a buyer's or seller's market?Reading is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Reading?The median sale price in Reading is $260K. That is up $13.33K from the prior month.

