Here’s a more polished, investor-focused version that highlights the income potential and owner-occupant opportunity: Turnkey 2 unit investment property offering immediate cash flow and strong rental history. Both tenants pay their own heat and hot water, helping keep operating expenses low. Additional features include laundry facilities in the basement and 2 off street parking spaces. Unit 1 (First Floor): 1 Bedroom, 1 Full Bath, currently rented for $1,000 per month. Unit 2 (Second & Third Floors): 3 Bedrooms, 1 Full Bath, currently rented for $1,400 per month to a long term tenant. Generating a gross annual income of $28,800, this property presents an excellent opportunity for investors seeking steady cash flow and solid returns. It is also a great option for an owner occupant looking to offset their mortgage with rental income. Whether you're expanding your portfolio or purchasing your first investment property, this well maintained duplex is one you won't want to miss.
Pending
Price increase: $17.1K (6/7)
$257,000
1550 Perkiomen Ave, Reading, PA 19602
4beds
2baths
1,629sqft
Townhouse
Built in 1900
-- sqft lot
$-- Zestimate®
$158/sqft
$-- HOA
What's special
- 33 days |
- 41 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Mr. Nelson Gamez 484-345-9135,
Realty One Group Alliance 6104848663
Source: Bright MLS,MLS#: PABK2072990
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Basement
- Area: 0
Heating
- Hot Water, Electric
Cooling
- None
Appliances
- Included: Electric Water Heater
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 1,629
- Total interior livable area: 1,629 sqft
Property
Parking
- Total spaces: 2
- Parking features: Off Street
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 3,049 Square Feet
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 16531631387102
- Zoning: 133R
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Townhouse
Materials
- Brick
- Foundation: Other
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Reading
- Municipality: READING CITY
Financial & listing details
- Price per square foot: $158/sqft
- Tax assessed value: $40,000
- Annual tax amount: $1,846
- Date on market: 6/6/2026
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
$1,405/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/7/2026 | Pending sale | $257,000+7.1%$158/sqft |
Source: | ||
| 6/6/2026 | Listed for sale | $239,901+84.5%$147/sqft |
Source: | ||
| 12/16/2020 | Sold | $130,000$80/sqft |
Source: Public Record Report a problem | ||
| 10/25/2020 | Pending sale | $130,000$80/sqft |
Source: Iron Valley Real Estate of Berks #PABK364270 Report a problem | ||
| 10/12/2020 | Price change | $130,000+8.3%$80/sqft |
Source: Iron Valley Real Estate of Berks #PABK364270 Report a problem | ||
| 9/29/2020 | Pending sale | $120,000$74/sqft |
Source: Iron Valley Real Estate of Berks #PABK364270 Report a problem | ||
| 9/29/2020 | Price change | $120,000-7.7%$74/sqft |
Source: Iron Valley Real Estate of Berks #PABK364270 Report a problem | ||
| 9/18/2020 | Listed for sale | $130,000+188.9%$80/sqft |
Source: Iron Valley Real Estate of Berks #PABK364064 Report a problem | ||
| 3/1/2018 | Sold | $45,000-10%$28/sqft |
Source: Public Record Report a problem | ||
| 2/16/2018 | Pending sale | $50,000$31/sqft |
Source: Berkshire Hathaway Homesale Realty - Wyomissing #7125397 Report a problem | ||
| 2/9/2018 | Listed for sale | $50,000-8.9%$31/sqft |
Source: Berkshire Hathaway Homesale Re #1000136586 Report a problem | ||
| 12/28/2017 | Listing removed | $54,900$34/sqft |
Source: Berkshire Hathaway Homesale Realty - Wyomissing #7011445 Report a problem | ||
| 10/24/2017 | Listed for sale | $54,900$34/sqft |
Source: Berkshire Hathaway Homesale Realty - Wyomissing #7011445 Report a problem | ||
| 10/23/2017 | Pending sale | $54,900$34/sqft |
Source: Berkshire Hathaway Homesale Realty - Wyomissing #7011445 Report a problem | ||
| 10/23/2017 | Listed for sale | $54,900$34/sqft |
Source: Berkshire Hathaway Homesale Realty - Wyomissing #7011445 Report a problem | ||
| 9/25/2017 | Pending sale | $54,900$34/sqft |
Source: Berkshire Hathaway Homesale Realty - Wyomissing #7011445 Report a problem | ||
| 8/11/2017 | Price change | $54,900-8.5%$34/sqft |
Source: Berkshire Hathaway Homesale Realty - Wyomissing #7011445 Report a problem | ||
| 6/29/2017 | Listed for sale | $60,000$37/sqft |
Source: Berkshire Hathaway Homesale Realty - Wyomissing #7011445 Report a problem | ||
| 11/5/2015 | Listing removed | $650 |
Source: Owner Report a problem | ||
| 10/6/2015 | Listed for rent | $650 |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,803 +1.5% | $40,000 |
| 2024 | $1,776 +1.6% | $40,000 |
| 2023 | $1,749 | $40,000 |
| 2022 | $1,749 | $40,000 |
| 2021 | $1,749 +1% | $40,000 |
| 2020 | $1,731 | $40,000 |
| 2019 | $1,731 | $40,000 |
| 2018 | $1,731 +0.7% | $40,000 |
| 2017 | $1,720 +75% | $40,000 |
| 2016 | $982 +8.7% | $40,000 |
| 2015 | $904 | $40,000 |
| 2014 | -- | $40,000 |
| 2013 | -- | $40,000 |
| 2012 | -- | $40,000 |
| 2011 | -- | $40,000 |
| 2010 | -- | $40,000 |
| 2009 | -- | $40,000 -5.4% |
| 2008 | -- | $42,300 |
| 2007 | -- | $42,300 |
| 2006 | -- | $42,300 |
| 2005 | -- | $42,300 |
| 2004 | -- | $42,300 |
| 2003 | -- | $42,300 |
| 2002 | -- | $42,300 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 19602
Nearby schools
GreatSchools rating
- 2/10Sixteenth & Haak El SchoolGrades: PK-4Distance: 0.1 mi
- 3/10Central Middle SchoolGrades: 5-8Distance: 0.8 mi
- 1/10Reading Senior High SchoolGrades: 9-12Distance: 1.2 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
- Pennsylvania
- Berks County
- Reading
- 19602
- 1550 Perkiomen Ave





