145 Spring Valley Rd

Reading, PA 19605

$994,000
Price
10
Beds
7
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
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Description

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...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.
  1. Listed by David Baez • EXP Realty, LLC
    P: (484)-824-8874 david@brgpa.com

Property Details for 145 Spring Valley Road

Tax ID Number
66-5318-09-15-3812
Ownership
Fee Simple
Structure Type
Detached
Style
Other
Waterfront
No
Garage
Yes
Subdivision
NONE AVAILABLE
Subdivision
NONE AVAILABLE (BERKS PA)
LISTING UPDATED: 04/15/2026 10:12 PM

Property Details for 145 Spring Valley Road

StatusActive
MLS #PABK2070798
Days on Market3
Taxes$5,222 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1900
Lot Size0.21 AC / 9,147 SF
CountyBerks County
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Location

Listing Courtesy of EXP Realty, LLC
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Building Information for 145 Spring Valley Road

Stories-Residences4Year Built1900Building Size-Lot Size0.21 AC / 9,147 SF

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$5,440 per month

30 year fixed, 6.46% Interest

Principal and Interest

$5,005

Property Taxes

$435

HOA Dues

$0

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Property Information for 145 Spring Valley Road

Location
Location
  • School District Name: MUHLENBERG
  • School District County ID: 300200397508
  • SchoolDistrictSource: Listing Agent
  • Middle Or Junior School: MUHLENBERG (BERKS PA)
  • MiddleSchoolSource: Listing Agent
  • High School: MUHLENBERG (BERKS PA)
  • HighSchoolSource: Listing Agent
  • County: BERKS
  • MLS Area: Muhlenberg Twp (10266)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2025
  • Tax Assessed Value: $100,000
  • Year Assessed: 2026
  • County Tax: $901
  • Improvement Assessed Value: $69,200
  • City Town Tax: $480
  • Land Assessed Value: $30,800
  • Clean Green Assessed: No
  • Municipal Trash: Yes
  • Land Use Code: 4118
  • Agricultural Tax Due: No
  • Historic: No
  • Zoning: 6 UNIT COMM
  • Zoning Dscrp: Commercial
  • Tax Lot: 3812
  • School Tax: $3,841
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Owner Pays: Electricity, Sewer, Taxes - Real Estate, Water
  • Rent Control: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 4
  • Two Bedroom Units Count: 3
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6,Unit 7
  • Units Leased Count: 7
  • Number Of Units Vacant: 1
  • Rent Control: No
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: No
  • Level: 1
  • Beds Total: 2
  • Full Baths Count: 1
  • Total Rooms: 4
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Level: 1
  • Beds Total: 2
  • Full Baths Count: 1
  • Total Rooms: 4
Unit 3
  • Type: Unit 3
  • Unit Type Occupied YN: Yes
  • Level: 2
  • Beds Total: 1
  • Full Baths Count: 1
  • Total Rooms: 4
Unit 4
  • Type: Unit 4
  • Unit Type Occupied YN: Yes
  • Beds Total: 1
  • Full Baths Count: 1
  • Total Rooms: 5
Unit 5
  • Type: Unit 5
  • Unit Type Occupied YN: Yes
  • Level: 1
  • Beds Total: 2
  • Full Baths Count: 1
Unit 6
  • Type: Unit 6
  • Unit Type Occupied YN: Yes
  • Level: 1
  • Beds Total: 1
  • Full Baths Count: 1
  • Total Rooms: 6
Unit 7
  • Type: Unit 7
  • Unit Type Occupied YN: Yes
  • Level: 1
  • Beds Total: 1
  • Full Baths Count: 1
  • Total Rooms: 5
Financial Information
Expenses
  • Operating Expense: $14,211
  • Operating Expense Includes: Trash
  • Water Avg Month: $92
  • Water Prev 12 Months: $1,100
  • Electric Avg Month: $41
  • Electric Prev 12 Months: $496
  • Gas Avg Month: $16
  • Gas Prev 12 Months: $188
Financial Information
  • Gross Income: $107,640
  • Net Operating Income: $14,211
  • Annual Rental Income: $107,640
  • Income Includes: Apartment Rentals, Parking
  • Cap Rate: 8.50
  • Existing Lease Type: None
Building Info
Building Info
  • Building Level Count: 2
  • Building Units Total: 4
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 0.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 1547515
  • Ground Rent Exists: No
  • Ground Rent Payment Frequency: Annually
Parking
Parking
  • Type Of Parking: Off Street, Parking Lot, Detached Garage
  • Num of Detached Garage Spaces: 3
  • Total Garage Spaces: 3
  • Parking Lot - # of Spaces: 10
  • Off Street - # of Spaces: 10
  • Garage Features: Garage - Rear Entry
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Spa: No
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: None
  • Cooling Fuel: None
  • Heating Type: Hot Water
  • Heating Fuel: Natural Gas
  • Hot Water: Instant Hot Water
  • Water Source: Public
  • Sewer Septic: Public Sewer
  • Electric Service: 100 Amp Service
Confidential Data
Listing Office
  • List Agent AOR: Reading-Berks Association of REALTORS

Property History for 145 Spring Valley Road

DateEvent & SourcePriceAppreciation
Apr 15, 2026

Listed (Active)

BRIGHT #PABK2070798

$994,000—
DateEvent & SourcePrice
04/15/2026

Listed (Active)

BRIGHT #PABK2070798

$994,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 145 Spring Valley Road

This home is within Muhlenberg School District.
Rating
School
Type
Grades
Distance
Muhlenberg El Center
Public - K to 3
C E Cole Intermediate School
Public - 4 to 6
Muhlenberg Middle School
Public - 7 to 9
Muhlenberg High School
Public - 10 to 12
Rating
School
Distance
Muhlenberg El Center
PublicK to 3

C E Cole Intermediate School
Public4 to 6

Muhlenberg Middle School
Public7 to 9

Muhlenberg High School
Public10 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 145 Spring Valley Road, Reading, PA 19605

145 Spring Valley Road is a multi-family home for sale in Reading, PA 19605. This property was listed for sale on April 15, 2026 by EXP Realty, LLC, it's currently listed at $994,000. This listing's school district is Muhlenberg School District. Nearby schools include Muhlenberg El Center, C E Cole Intermediate School and Muhlenberg Middle School. 145 Spring Valley Road is a 10-bed, 7-bath, multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EXP Realty, LLC

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.