1038 WALNUT

$325,000

Beds

Baths

1,355

Sqft

0.03 sqft lot

Lot size

Residential · MLS #PABK2073908

Listing Office: Light House Realtors, LLC

About this home

Excellent investment opportunity! Multi-Family with three residential units. The property features a tenant-occupied 1-bedroom unit currently rented for $800/month, with the tenant paying electric heat, hot water, and electric stove. The rear studio unit is vacant, recently updated, and has a projected rent of approximately $1,100/month. The spacious vacant 2-bedroom second-floor unit offers gas boiler heat and electric hot water. The property includes four separate utility meters, providing ease of management and tenant utility responsibility. Ideal for investors or owner-occupants looking to generate strong rental income. Schedule a showing!

Property taxes

What this home really costs in taxes

Estimated at current rates

$1,348 / year

≈ $112 per month

MLS shows (2025)

$1,348

School tax

READING · 17.93 mills (2025-26)

$524

County tax

Berks County · 9.01 mills (2026)

$263

Municipal tax

As recorded for 2025 — varies by municipality

$561

Assessment note: this home is assessed at $29,200 — well below the ~$111,703 its asking price implies at Berks County's common level ratio (34.4%). A sale near asking can invite a school-district assessment appeal that could raise the bill by roughly $2,223/year. Worth pricing in.

Recomputed from the county assessment ($29,200, 1994 base year) × current millage — portals typically reprint the recorded 2025 bill. Pennsylvania does not reassess on sale. Estimate only — verify with Berks County before relying on it. Learn more: PA property tax calculator · Common Level Ratio by county.

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Information Deemed Reliable But Not Guaranteed

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 in which United Real Estate Strive 212 participates, and is provided by BRIGHT through a licensing agreement.

IDX listings are displayed pursuant to broker of record United Real Estate Strive 212 — Frank Ramos, Broker/Owner, PA Broker License RM424345, 1220 Broadcasting Rd, Suite 201, Wyomissing, PA 19610, (610) 372-0212.

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Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

Data last updated: June 20, 2026 at 2:09 PM EDT