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145 Spring Valley Rd, Reading, PA, 19605

10beds
7baths
0sqft
$899,900
--price/sqft
$6,266/moest. monthly cost
$250,640/yrincome needed

About This Home

Rare opportunity to acquire a detached 7-unit investment property offering strong cash flow, low expenses, and long-term stability. This well-maintained building features a solid tenant base with mostly long-term occupants, delivering consistent monthly income of $8,970 with minimal annual expenses of just $14,211. Designed for efficiency, each unit is separately metered with tenants paying their own electric and heat, significantly reducing owner overhead. Every unit is equipped with a high-efficiency combi system providing heat and on-demand hot water—eliminating traditional tanks while offering modern, reliable performance. The property also includes three garages, creating additional income potential, along with ample on-site parking for tenants and extra spaces that can be rented for added revenue. As a detached building, it offers privacy, strong curb appeal, and ease of management compared to attached properties. Located in the highly desirable Muhlenberg School District, this property benefits from strong rental demand and convenient access to major routes, shopping, and everyday amenities. A true turnkey, income-producing asset with excellent fundamentals and upside potential—ideal for any investor looking to expand their portfolio.

Getting Around

63
WalkingSomewhat Walkable
0
TransitVery Limited Transit
21
BikeSomewhat Bikeable

Schools

5/10
3/10
Muhlenberg Middle SchoolGrades 7-91.0 mi
3/10
Muhlenberg High SchoolGrades 10-121.3 mi

Construction

Condition

  • Property condition: Good
  • Year built: 1900

Materials

  • Foundation: Permanent
  • Roof: Flat,Shingle,Pitched
  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Architectural style: Other
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Instant Hot Water

Basement

  • Area: 0

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 10
  • Bathrooms: 7

Features

  • Flooring: Carpet,Laminate,Vinyl

Heating & Cooling

  • Heating features: Hot Water,Natural Gas
  • Cooling features: None

Interior Area

  • Total structure area: 0

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 66531809153812
  • Zoning: 6 UNIT COMM
  • Zoning description: Commercial
  • Special condition: Standard
  • Exclusions: Personal Property

Features

  • Pool features: None

Lot

  • Lot size: 9,147 sqft
  • Lot size dimensions: 0.00 x 0.00

Parking

  • Total spaces: 23
  • Parking features: Garage Faces Rear,Off Street,Parking Lot,Detached
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Winter Weather
    Winter WeatherVery High
  • Cold Wave
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Winter Weather
Cold Wave
Inland Flooding
Lightning
Strong Wind
Hurricane
Heat Wave
Tornado

FEMA Declared Disasters Across Pennsylvania Counties

Flood
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,550$54,600
Home Insurance *$293$3,516
Property Taxes $1,199$14,388
Electricity $224$2,692
Total$6,266$75,192
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$214,834/yr
40% on housing$187,980/yr
45% on housing$167,093/yr

Pennsylvania FAIR Plan Programs

Insurance Placement Facility of Pennsylvania/FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 8,982Commercial: 984
Total Premiums$5.34M
Total Exposure$1.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.9%
11.9%
0%30.0%
Electricity Growth Rate10-year average: 8.4%
8.4%
0%15.0%
Property Taxes Growth Rate2-year average: -3.0%
-3.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 19605$151
Berks County$152

vs Homes Sold Last Month

Median $/sqft

ZIP 19605$181
Berks County$191

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-08Price change$944,900
2026-04-16Listed for sale$994,000

For Sale by Agent

AgentDavid Baez
BrokerageEXP Realty, LLC

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