316 S 8th St

Beds
Baths
2,134 Sq. Ft.
$129 / Sq. Ft.
2,134
Sq. Ft.
$129
per Sq. Ft.

Description

Investors and house hackers — the math on this one just got better. We pulled 316 S 8th Street off-market briefly to rehab every unit to rent-ready, and we dropped the price $25K to $274,900. So you're now buying a turnkey, fully vacant 4-unit in one of PA's most renter-hungry markets — 60% of households rent, studios are pulling $875–$1,100/mo and 2-bedrooms are pushing $1,200–$1,500+. Run the numbers: rent-ready from day one means no rehab lift and no lag to cash flow. Lease all four at market...Investors and house hackers — the math on this one just got better. We pulled 316 S 8th Street off-market briefly to rehab every unit to rent-ready, and we dropped the price $25K to $274,900. So you're now buying a turnkey, fully vacant 4-unit in one of PA's most renter-hungry markets — 60% of households rent, studios are pulling $875–$1,100/mo and 2-bedrooms are pushing $1,200–$1,500+. Run the numbers: rent-ready from day one means no rehab lift and no lag to cash flow. Lease all four at market for a gross rent roll of $3,825–$4,800+/mo — roughly $45K–$57K a year against a $274,900 buy. Every unit has its own separate electric heat and each tenant pays their own utilities, so operating expenses stay lean and net income stays fat. No utility bills eating your returns. Still maximum flexibility: stack all four for income, or move into the 2-bedroom and let three tenants cover your mortgage while you build equity. And because it's delivered vacant, there are no inherited leases and no inherited headaches — you price every unit at today's market the day you close. Demand in this market isn't slowing. Clean turnkey rental play, rent-ready, priced to move at $274,900. Offers due Friday, July 4th — call or text now to schedule your showing and get the full unit-by-unit numbers. Bring proof of funds or pre-approval with your offer.
  1. Listed by Jose Vazquez • Light House Realtors, LLC
    P: (610)-510-4445 joseshomehub@gmail.com

Property Details for 316 South 8th Street

Tax ID Number
02-5306-36-98-4308
Ownership
Fee Simple
Structure Type
Interior Row/Townhouse
Style
Traditional
Waterfront
No
Garage
No
Municipality
READING CITY
Central Air
No
LISTING UPDATED: 06/25/2026 08:11 PM

Property Details for 316 South 8th Street

StatusActive
MLS #PABK2071194
Days on Market48
Taxes$1,232 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1900
Lot Size0.03 AC / 1,306 SF
CountyBerks County

Location

Listing Courtesy of Light House Realtors, LLC
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Building Information for 316 South 8th Street

Stories-Residences4Year Built1900Building Size-Lot Size0.03 AC / 1,306 SF

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Property Information for 316 South 8th Street

Location
Location
  • School District Name: READING
  • School District County ID: 300200397169
  • SchoolDistrictSource: Listing Agent
  • County: BERKS
  • MLS Area: Reading City (10201)
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
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2025
  • Tax Assessed Value: $26,700
  • Year Assessed: 2026
  • County Tax: $241
  • Improvement Assessed Value: $20,100
  • City Town Tax: $513
  • Land Assessed Value: $6,600
  • Clean Green Assessed: No
  • Land Use Code: 138R
  • Zoning: RESIDENTIAL
  • Tax Lot: 4308
  • School Tax: $479
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Rent Control: No
Unit Information
Unit Information
  • Single Room Units Count: 3
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 1
  • Three Bedroom Units Count: 0
  • Units Leased Count: 0
  • Number Of Units Vacant: 4
  • Rent Control: No
Financial Information
Financial Information
  • Existing Lease Type: None
Building Info
Building Info
  • Building Units Total: 4
  • Total Finished SQFT: 2,134.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 0.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 1440993
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
Utilities
Utilities
  • Utilities: Electric Available
  • Heating: Yes
  • Cooling Type: None
  • Cooling Fuel: None
  • Heating Type: Baseboard - Electric
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Reading-Berks Association of REALTORS

Property History for 316 South 8th Street

DateEvent & SourcePriceAppreciation
Jun 25, 2026

Price Change

BRIGHT #PABK2071194

$274,900
Jun 25, 2026

Listed (Active)

BRIGHT #PABK2071194

Jun 1, 2026

Temp Off Market

BRIGHT #PABK2071194

DateEvent & SourcePrice
06/25/2026

Price Change

BRIGHT #PABK2071194

$274,900
06/25/2026

Listed (Active)

BRIGHT #PABK2071194

06/01/2026

Temp Off Market

BRIGHT #PABK2071194

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

Public Records for 316 South 8th Street

Taxable ValueLand$6,600Additions$20,100Total$26,700
Tax Record2026$754 ($63 / month)
Home Facts
Baths4Total Finished SqFt2,134 SqFtAbove Grade Finished SqFt2,134 SqFtStories3Lot Size1,307 SqFtStyleMulti-Family Dwelling (2-4)Year Built1900CountyBERKSAPN02530636984308

Schools near 316 South 8th Street

This home is within Reading School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Private - K to 8
Rating
School
Distance
Amanda E Stout Elementary School
PublicPK to 4

Southern Middle School
Public5 to 8

Reading Senior High School
Public9 to 12

St. Peter School
PrivateK to 8

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.

Similar Homes

316 South 8th Street is a multi-family home for sale in Reading, PA 19602. This property was listed for sale on April 23, 2026 by Light House Realtors, LLC, it's currently listed at $274,900. It has been on the market for a total of 48 days and was last sold on September 13, 2021. This listing's school district is Reading School District. Nearby schools include Amanda E Stout Elementary School, Southern Middle School and Reading Senior High School. 316 South 8th Street is a 0-bed, 0-bath, 2,134 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Light House Realtors, 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.