Multi Family Investment Properties for Sale in Reading, PA
Currently Rented
Listed for sale 3 days ago
$ 250,000
ROI
30.7
Cash Flow/m
761- 3 Bed
- 3 Bath
- 2435 sft
142 W Douglass St, Reading, PA, 19601
Currently Rented
Rental Income
Listed for sale 3 days ago
$ 179,900
ROI
33.2Cash Flow/m
671- 4 Bed
- 2 Bath
- 2073 sft
140 W Oley St, Reading, PA, 19601
Rental Income
Listed for sale 6 days ago
$ 245,000
ROI
25.0Cash Flow/m
358- 6 Bed
- 2 Bath
- 1926 sft
112 N 4th St, Reading, PA, 19601
Rental Income
Listed for sale 6 days ago
$ 375,000
ROI
20.1Cash Flow/m
39- 4 Bed
- 3 Bath
- 2538 sft
1642 Mineral Spring Rd, Reading, PA, 19602
Why Invest in Reading, Pennsylvania?
Multi-family investments in Reading, PA offer strong cash flow potential with a 7.5% cap rate and 4.3% vacancy rate. Affordable entry points around $145,000 median home prices make scaling portfolios feasible. Rental growth of 2.1% supports steady income amid 1.6% job growth. Appreciation at 5.7% enhances long-term returns. Proximity to major metros boosts demand from renters seeking value.
9.5%
Avg. ROI
7.2%
Rental Yield
7.5%
Cap Rate
$18500/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
5.7%
1Y Appreciation
Frequently Asked Questions
Multifamily cap rates stand at 7.5% as of Q2 2024. This reflects strong investor appeal amid low vacancy. Rates support reliable cash flow in affordable markets.
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