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Sold for $402,000 on 09/05/25
  • $402,000

    948 Lancaster Ave, Reading, PA 19607

    10beds
    1baths
    --sqft
    Duplex
    Built in 1920
    -- sqft lot
    $548,200 Zestimate®
    $--/sqft
    $1,646 Estimated rent

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    What's special

    948 Lancaster Avenue is being offered as part of a package with the adjoining property at 946 Lancaster Avenue—the sales price reflects both properties. Together, they comprise a total of seven units, offering a strong investment opportunity with mixed-use potential. The combined buildings feature four two-bedroom apartments, two one-bedroom unit and a commercial storefront. There is a shared laundry area, providing additional income potential. Off-street parking for at least three vehicles is available in the rear lot, along with two garages that fit up to three cars. A large backyard is shared between both buildings, offering outdoor space for tenants. While the properties could benefit from some updating, their layout, location, and income-generating potential make them an excellent opportunity for value-minded investors.

    Zillow last checked: 8 hours ago

    Listing updated: September 24, 2025 at 10:57am

    Listed by:

    Chad Schlanger 610-334-2168,

    United Real Estate Strive 212

    Bought with:

    Chad Schlanger, RS306495

    United Real Estate Strive 212

    Source: Bright MLS,MLS#: PABK2059926MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 1
    Basement
    • Area: 0
    Heating
    • Forced Air, Radiator, Oil
    Cooling
    • None
    Appliances
    • Included: Electric Water Heater
    Features
    • Has fireplace: No
    Interior area
    • Total structure area: 0

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage Faces Side, Garage Faces Rear, Storage, Alley Access, Detached, On Street
    • Garage spaces: 3
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Lot
    • Size: 5,227 sqft
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 18530618329407
    • Zoning: MIXED RES/COMM
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Duplex
    Materials
    • Stone
    • Foundation: Stone
    Condition
    • New construction: No
    • Year built: 1920

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Reading
    • Municipality: READING CITY

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    Sell for more on Zillow
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    $548,200
    2% more+$10,964
    With Zillow Showcase(estimated)$559,164