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Pending
    • Price increase: $10.1K (5/11)
    $240,000

    113 W Oley St, Reading, PA 19601

    4beds
    2baths
    1,663sqft
    : 
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    Townhouse
    Built in 1895
    -- sqft lot
    $-- Zestimate®
    $144/sqft
    $-- HOA

    What's special

    Welcome to 113 W Oley Street, a solid income-producing multi-unit property located in the heart of Reading. This well-maintained 2-unit building offers strong cash flow and a 9.6% cap rate, making it an ideal addition to any investor’s portfolio. The property features two residential units: * Unit 1: 1 bedroom, 1 bathroom — currently rented at $850/month (month-to-month lease) * Unit 2: 3 bedrooms, 1 bathroom — currently rented at $1,200/month (month-to-month lease) In addition to the residential income, the property includes a detached garage in the rear, currently leased for an additional $75/month, providing extra revenue. Tenants pay their own heat and electricity, helping keep operating expenses low. The owner is only responsible for water, sewer, and trash, making this a highly efficient and easy-to-manage investment. With strong existing rents, flexible month-to-month leases, and immediate cash flow from day one, this property presents a great opportunity for both seasoned investors and those looking to get started in real estate investing. Don’t miss your chance to secure a high-performing asset in a growing market—schedule your showing today!
    68 days
    |
    164
    |
    3
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Joe Colon 484-650-6749,

    Coldwell Banker Realty 6103739900

    Source: Bright MLS,MLS#: PABK2071162MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      Basement
      • Area: 0
      Heating
      • Baseboard, Electric
      Cooling
      • Window Unit(s)
      Appliances
      • Included: Electric Water Heater
      • Laundry: In Basement
      Features
      • Basement: Full
      • Has fireplace: No
      Interior area
      • Total structure area: 1,663
      • Total interior livable area: 1,663 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Garage Faces Rear, Oversized, Detached
      • Garage spaces: 1
      Accessibility
      • Accessibility features: None
      Features
      • Pool features: None
      Lot
      • Size: 1,307 Square Feet
      Details
      • Additional structures: Above Grade, Below Grade
      • Parcel number: 15530757545158
      • Zoning: RES 2-4 FAM
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Traditional
      • Property subtype: Townhouse
      Materials
      • Brick
      • Foundation: Concrete Perimeter
      Condition
      • Good
      • New construction: No
      • Year built: 1895

      Utilities & green energy

      • Electric: 100 Amp Service
      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: Reading
      • Municipality: READING CITY

      Financial & listing details

      • Price per square foot: $144/sqft
      • Tax assessed value: $30,100
      • Annual tax amount: $1,389
      • Date on market: 4/27/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional,FHA,PHFA,VA Loan
      • Exclusions: Tenant Personal Property
      • Ownership: Fee Simple
      • Total actual rent: 25500
      • Income includes: Apartment Rentals

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/8/2026Pending sale$240,000$144/sqft
        Source: Bright MLS #PABK2071162 Report a problem
        5/14/2026Listed for sale$240,000$144/sqft
        Source: Bright MLS #PABK2071162 Report a problem
        5/11/2026Pending sale$240,000+4.4%$144/sqft
        Source: Bright MLS #PABK2071162 Report a problem
        4/27/2026Listed for sale$229,900+125.4%$138/sqft
        Source: Bright MLS #PABK2071162 Report a problem
        3/2/2023Listing removed--
        Source: Bright MLS #PABK370586 Report a problem
        3/18/2021Sold$102,000+2.1%$61/sqft
        Source: Public Record Report a problem
        2/23/2021Pending sale$99,900$60/sqft
        Source: Bright MLS #PABK370586 Report a problem
        1/13/2021Listing removed$99,900$60/sqft
        Source: Bright MLS #PABK370586 Report a problem
        1/7/2021Price change$99,900-9.1%$60/sqft
        Source: Bright MLS #PABK370586 Report a problem
        11/17/2020Listed for sale$109,900+171.4%$66/sqft
        Source: EXP Realty, LLC #PABK370586 Report a problem
        5/18/2006Sold$40,500+35%$24/sqft
        Source: Public Record Report a problem
        5/1/2002Sold$30,000$18/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,357 +1.5%$30,100
        2024$1,337 +1.6%$30,100
        2023$1,316 $30,100
        2022$1,316 $30,100
        2021$1,316 +1%$30,100
        2020$1,303 $30,100
        2019$1,303 $30,100
        2018$1,303 +0.7%$30,100
        2017$1,294 +75%$30,100
        2016$739 +8.7%$30,100
        2015$680 $30,100
        2014-- $30,100
        2013-- $30,100
        2012-- $30,100
        2011-- $30,100
        2010-- $30,100
        2009-- $30,100
        2008-- $30,100
        2007-- $30,100
        2006-- $30,100
        2005-- $30,100
        2004-- $30,100
        2003-- $30,100
        2002-- $30,100

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 19601

        Getting around

        78 / 100
        Very Walkable
        47 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Reading

        Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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