113 W Oley St
Reading, PA 19601
- 4 Beds
- 2 Baths
- 1,663 sqft
4 Beds
2 Baths
1,663 sqft
Local Information
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
1895
Living Area
1,663 sqft
Price/Sqft
$144/sqft
Parking
Garage
Description
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!
113 W Oley St, Reading, PA 19601 is a 4 bedroom, 2 bathroom, 1,663 sqft multi-family built in 1895. It last sold for the $240,000 asking price on Jul 16, 2026. It is currently off market. The Trulia Estimate rent is $1,699/month.
Home Details for 113 W Oley St
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Interior Details Basement: FullNumber of Rooms: 1Types of Rooms: Basement |
Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 2 |
Dimensions and Layout Living Area: 1663 Square Feet |
Appliances & Utilities Appliances: Electric Water HeaterLaundry: In Basement |
Heating & Cooling Heating: Baseboard,ElectricHas CoolingAir Conditioning: Window Unit(s)Has HeatingHeating Fuel: Baseboard |
Fireplace & Spa No Fireplace |
Gas & Electric Electric: 100 Amp Service |
Levels, Entrance, & Accessibility Accessibility: None |
View No View |
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Exterior Home Features Other Structures: Above Grade, Below GradeFoundation: Concrete PerimeterNo Private Pool |
Parking & Garage Number of Garage Spaces: 1Number of Covered Spaces: 1No CarportHas a GarageNo Attached GarageParking Spaces: 1Parking: Garage Faces Rear,Oversized,Detached |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
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Year Built Year Built: 1895 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: TownhouseStructure Type: Interior Row/TownhouseArchitecture: Traditional |
Building Construction Materials: BrickNot a New Construction |
Property Information Condition: GoodNot Included in Sale: Tenant Personal PropertyParcel Number: 15530757545158 |
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Price List Price: $240,000Price Per Sqft: $144/sqft |
Status Change & Dates Off Market Date: Wed Jul 22 2026Possession Timing: Immediate |
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MLS Status: CLOSED |
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Direction & Address City: READING |
School Information Elementary School District: ReadingJr High / Middle School District: ReadingHigh School District: Reading |
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Building Area Building Area: 1663 Square Feet |
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Lot Area: 1307 sqft |
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Special Conditions: Standard |
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Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, Conventional, FHA, PHFA, VA Loan |
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Business Information Ownership: Fee Simple |
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Owner Pays: Insurance, Sewer, Taxes - Real Estate, Trash Collection, WaterNo Rent Control |
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BasementMls Number: PABK2071162Municipality: READING CITY |
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Source Internet Automated Valuation Display: NSource Internet Consumer Comment: YSource Internet Entire Listing Display: YSource Internet Address Display: Y |
Last check for updates: about 5 hours ago
Listed by Joe Colon, (484) 650-6749
Coldwell Banker Realty
Bought with: Chaz Logan, (610) 372-3200, BHHS Homesale Realty- Reading Berks
Source: Bright MLS, MLS#PABK2071162

Price History for 113 W Oley St
| Date | Price | Event | Source |
|---|---|---|---|
| 07/16/2026 | $240,000 | Sold | Bright MLS #PABK2071162 |
| 06/08/2026 | $240,000 | Pending | Bright MLS #PABK2071162 |
| 05/14/2026 | $240,000 | PendingToActive | Bright MLS #PABK2071162 |
| 05/11/2026 | $240,000 | Pending | Bright MLS #PABK2071162 |
| 04/27/2026 | $229,900 | Listed For Sale | Bright MLS #PABK2071162 |
| 03/02/2023 | ListingRemoved | Bright MLS #PABK370586 | |
| 03/18/2021 | $102,000 | Sold | N/A |
| 02/23/2021 | $99,900 | Pending | Bright MLS #PABK370586 |
| 01/13/2021 | $99,900 | ListingRemoved | Bright MLS #PABK370586 |
| 01/07/2021 | $99,900 | PriceChange | Bright MLS #PABK370586 |
| 11/17/2020 | $109,900 | Listed For Sale | Agent Provided |
| 05/18/2006 | $40,500 | Sold | N/A |
| 05/01/2002 | $30,000 | Sold | N/A |
Market trends in Reading
Last updated June 2026
Avg. sale price
$247K
$10KMoM
Sale-to-List Price
100.3%
Price per sq ft
$157
$3MoM
Available listings
360
25MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $1,357 |
| Assessment | $30,100 |
Home facts updated by county records
Comparable Sales for 113 W Oley St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.09 | Multi-Family Home | $217,000 | 03/30/26 | 4 | 2 | 1,918 | |
0.14 | Multi-Family Home | $225,000 | 04/17/26 | 3 | 2 | 1,641 | |
0.15 | Multi-Family Home | $256,275 | 01/08/26 | 4 | 2 | 2,200 | |
0.11 | Multi-Family Home | $252,500 | 05/22/26 | 6 | 2 | 2,456 | |
0.25 | Multi-Family Home | $275,000 | 12/04/25 | 6 | 2 | 2,908 | |
0.39 | Multi-Family Home | $294,900 | 09/15/25 | 4 | 3 | 2,034 | |
0.44 | Multi-Family Home | $250,000 | 06/09/26 | 6 | 2 | 2,264 | |
0.38 | Multi-Family Home | $302,900 | 09/15/25 | 5 | 3 | 2,350 | |
0.75 | Multi-Family Home | $222,000 | 02/18/26 | 5 | 2 | 1,742 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 113 W Oley St.
What Locals Say about Reading
At least 1993 Trulia users voted on each feature.
81 % Say there are sidewalks
78 % Say car is needed
75 % Say it's dog friendly
73 % Say yards are well-kept
69 % Say there's holiday spirit
67 % Say kids play outside
58 % Say it's walkable to grocery stores
54 % Say streets are well-lit
53 % Say parking is easy
51 % Say people would walk alone at night
48 % Say it's walkable to restaurants
48 % Say they plan to stay for at least 5 years
48 % Say neighbors are friendly
46 % Say it's quiet
43 % Say there's wildlife
28 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
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Apartments for Rent
Homes for sale near 113 W Oley St
Off Market Homes Near 113 W Oley St

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
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