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140 W Oley Street Reading, PA $ 179,900
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140 W Oley Street
$ 179,900
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140 W Oley Street

Reading, PA, 19601
$ 179,900
Bedrooms5 Baths0.0

Monthly Estimate*

$ 1,136

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Multi-Family Home for sale in Reading, PA

for $179,900 with 5 bedrooms. This home was built in 1900 on a lot size of 0.04.

Investorstake a look at this 2-unit property with immediate rental income and additional income potential! Both units offer 2 bedrooms and 1 full bath. The first-floor unit is currently rented for $1,000/month, while the second unit is vacant. The vacant unit was also rented for $1,000/month until last month, providing a clear opportunity to bring the property back to $2,000/month in potential gross rental income when both units are occupied. Recent updates include gas furnaces installed in 2026 and water heaters installed in 2023, adding value and peace of mind for the next owner. The property also features a detached garage and front porch and is located in Readings Queen Anne Historic District. A great opportunity for an investor looking to add a two-unit property to their portfolio, or an owner-occupant looking to live in one unit while the other helps offset their housing expenses. With one unit already producing rental income and the second ready for a new tenant, this property offers flexibility and income potential from day one.

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Multi-Family Active

Price

$ 179,900

Bedrooms

5

Property Type

Multi-Family

Taxes

$ 1,210

Style

Victorian

Lot Size

0.04

Year Built

1900

Town/City

Reading

County/Region

Berks

MLS | Web ID

PABK2078950
Features
General
Living Area 2073
Sewer Public Sewer
Heating Hot Water
Cooling None
Utilities Natural Gas Available
Possession Immediate
Zoning R-3 RESIDENTIAL
Garage Spaces 1.00
Architectural Style Victorian
Construction Materials Brick
School District READING
Year Built 1900
View City
Property Subtype Duplex
Tax Year 2026
Ownership Fee Simple
Cool Fuel None
Municipality READING CITY
Accessibility None
County BERKS
Operating Expense 2280.00
Insurance Expense 1350.00
New Construction N
Property Type Multi-Family
MaintenanceExpense 500.00
Garage Y/N Y
Water Access Y/N N
Other Structures Above Grade Below Grade
Total Rooms 10
Status ACTIVE
Directions From Reading Airport - 183 South - Left on W. Oley Street - Property on the Right.
City READING
Disclosures Historic Property
Number Of Units Total 2
MLS Area Reading City (10201)
Lot Size Units Square Feet
Lot Size Square Feet 1742.00
Number of Units Leased 1
Tax Annual Amount 1210.0
Two Bedroom 1
Structure Type Interior Row/Townhouse
Price Per Sq Ft Total AG 86.78
Acceptable Financing Cash Conventional
Rent Control Y/N N
Vacation Rental Y/N N
Lease Type Month to Month
Standard Status Active
Year Built Source Assessor
Tax Lot 2080
Total Actual Rent 24000.00
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Interior
Heating Fuel Natural Gas
Hot Water Natural Gas
Furnished Units None
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N N
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Exterior
Pool No Pool
Water Source Public
Garage Features Garage - Rear Entry
Type of Parking Detached Garage On Street
Foundation Details Stone
Spa N
Water View Y/N N
Lot Size Acres 0.04
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 5400.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 140
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* Excluded Features
List By
Daryl Tillman Realty Group

Broker

corinna@corinnabortz.com

Email

Affordability Calculator

$1,237
Per Month
92%
8%
0%
Monthly Principal & Interest
$1,136
Monthly Property Taxes
$101
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2183915 Elementary School
2183912 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/29/2026$179,900 Listed Price

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140 W Oley Street, Reading, PA, 19601 is a Multi-Family Home for sale at $179,900 with a lot size of 0.04. 140 W Oley Street has 5 bedrooms, 0.0 baths, and was built in 1900. The property's zip code is 19601 which is in Reading, PA

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