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338 Cedar St, Reading, PA, 19601

2beds
1baths
984sqft
$129,900
$132price/sqft
$1,107/moest. monthly cost
$44,280/yrincome needed

About This Home

Welcome to 338 Cedar St, this excellent investment opportunity! This 2-bedroom home is currently tenant-occupied, generating $1,300/month in rental income, with the tenant responsible for all utilities. A great addition to any investment portfolio, this property offers immediate cash flow and low landlord utility expenses. Conveniently located near local amenities and transportation. Contact us to schedule your private showing today!

Getting Around

87
WalkingVery Walkable
0
TransitVery Limited Transit
59
BikeBikeable

Schools

3/10
Tenth & Penn El SchoolGrades PK-40.4 mi
3/10
Central Middle SchoolGrades 5-80.4 mi
1/10

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Concrete Perimeter
  • Roof: Unknown
  • Construction materials: Brick

Type & Style

  • Home type: Townhouse
  • Architectural style: Traditional
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Electric Water Heater

Basement

  • Has basement: Yes
  • Basement: Full

Bedroom1

  • Level: Upper
  • Area: 54
  • Dimensions: 9 X 6

Bedroom2

  • Level: Upper
  • Area: 110
  • Dimensions: 11 X 10

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Finished area below ground: 0
  • Finished area above ground: 984

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: None

Interior Area

  • Total structure area: 984
  • Total interior livable area: 984 sqft

Kitchen

  • Level: Main
  • Area: 104
  • Dimensions: 13 X 8

Living Room

  • Level: Main
  • Area: 165
  • Dimensions: 15 X 11

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 09530776926292
  • Zoning: R-3
  • Special condition: Standard
  • Exclusions: Tenant's Personal Property

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None

Lot

  • Lot size: 1,306 sqft
  • Features: Level
  • Lot size dimensions: 0.00 x 0.00

Parking

  • Parking features: On Street
  • Has uncovered spaces: Yes

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 WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Winter Weather
Cold Wave
Heat Wave
Inland Flooding
Lightning
Strong Wind

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 $656$7,872
Home Insurance *$54$648
Property Taxes $173$2,076
Electricity $224$2,692
Total$1,107$13,284
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$37,954/yr
40% on housing$33,210/yr
45% on housing$29,520/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

$132This listing

vs Other Active Listings

Avg $/sqft

ZIP 19601$107
Berks County$153

vs Homes Sold Last Month

Median $/sqft

ZIP 19601$150
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
2026-07-30Price change$129,900
2026-07-13Price change$135,000
2026-06-09Listed for sale$140,000
2026-05-21Listing removed$1,300
2026-04-30Listed for rent$1,300
2026-03-04Listing removed$1,300
2026-02-17Listed for rent$1,300
2024-11-06Listing removed$1,250
2024-10-29Listed for rent$1,250
2024-07-29Sold$73,000
2024-07-15Pending sale$79,000
2024-06-21Listed for sale$79,000
2024-06-17Pending sale$79,000
2024-06-12Listed for sale$79,000

For Sale by Agent

AgentJose Manzueta
BrokerageJM Diamond Realty

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