$455,000
Last sold price
- 3 Beds
- 5 Baths
- 3,030 sqft
1500 Centre Ave, Reading, PA 19601
Currently Off Market - Sold Jul 25, 2025 for $455,000
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.59 | Multi-Family Home | $250,000 | 06/09/26 | 6 | 2 | 2,264 | |
0.16 | Multi-Family Home | $249,900 | 12/05/25 | 3 | - | 2,223 | |
0.72 | Multi-Family Home | $225,000 | 04/17/26 | 3 | 2 | 1,641 | |
0.72 | Multi-Family Home | $200,000 | 05/22/26 | 5 | 4 | 3,422 | |
0.73 | Multi-Family Home | $275,000 | 12/04/25 | 6 | 2 | 2,908 | |
0.79 | Multi-Family Home | $217,000 | 03/30/26 | 4 | 2 | 1,918 | |
0.93 | Multi-Family Home | $261,000 | 08/19/26 | 5 | 3 | 2,408 | |
0.57 | Multi-Family Home | $260,000 | 09/24/25 | 4 | - | 2,101 | |
0.88 | Multi-Family Home | $256,275 | 01/08/26 | 4 | 2 | 2,200 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.01 | - | 4 | 4 | 1,902 | Off Market | |
0.01 | $219,200 | 5 | 1 | 1,613 | Off Market | |
0.03 | $215,700 | 3 | 1.5 | 1,240 | Off Market | |
0.04 | $215,300 | 3 | 2.5 | 1,240 | Off Market | |
0.08 | $233,000 | 5 | 1.5 | 1,532 | Off Market | |
0.08 | $217,800 | 4 | 1.5 | 1,532 | Off Market | |
0.07 | $210,000 | 4 | 1 | 1,754 | Recently Sold | |
0.09 | $224,600 | 5 | 1 | 1,532 | Off Market | |
0.16 | $249,900 | 3 | - | 2,223 | Recently Sold | |
0.23 | $226,700 | 5 | 1 | 2,420 | Off Market | |
0.25 | $208,600 | 5 | 1.5 | 1,683 | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
1915
Living Area
3,030 sqft
Parking
2 Car Garage
About this House
Investor Special! Welcome to 1500 Centre Ave – a fully rented, cash-flowing multi-unit property perfect for savvy investors. This well-maintained building features four residential units and a rented garage, delivering five separate income streams. The property brings in a Gross Annual Rent Income of $48,900 based on the current rent roll, offering strong returns from day one. Each residential unit has separate utilities, and the common areas are on their own dedicated electric meter, simplifying operations and reducing owner expenses. Upgrades include complete renovations to two residential units(1F and 2R), common area stairwell and the garage, along with exterior improvements that enhance both curb appeal and long-term value. The property is professionally managed by a property management company, which is open to continuing service with the new owner for a smooth transition. This is a turnkey investment opportunity in a high-demand rental market with stable tenants and consistent cash flow. Don’t miss your chance to add this strong performer to your portfolio. Schedule your private tour today!
1500 Centre Ave, Reading, PA 19601 is a 3 bedroom, 5 bathroom, 3,030 sqft multi-family built in 1915. It last sold for $455,000 on Jul 25, 2025 (1% above the $450,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate rent is $2,354/month.
Last check for updates: about 24 hours ago
Listed by Shawn Krause, (610) 207-6650
KW Empower
Listing Team: The Toll Group
Bought with: Felix Munoz, (610) 780-6141, Century 21 Gold
Source: Bright MLS, MLS#PABK2057698

Home Details for 1500 Centre Ave
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Interior Details Basement: Unfinished,Garage Access,Interior EntryNumber of Rooms: 1Types of Rooms: Basement |
Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 5 |
Dimensions and Layout Living Area: 3030 Square Feet |
Appliances & Utilities Appliances: Electric Water Heater, Gas Water Heater |
Heating & Cooling Heating: Radiator,Natural GasHas CoolingAir Conditioning: Window Unit(s),ElectricHas HeatingHeating Fuel: Radiator |
Fireplace & Spa No Fireplace |
Levels, Entrance, & Accessibility Number of Stories: 3Levels: Bi-LevelAccessibility: None |
View No View |
Security Security: Fire Escape |
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Exterior Home Features Other Structures: Above Grade, Below GradeExterior: Lighting, Sidewalks, Street Lights, Rain GuttersFoundation: Concrete PerimeterNo Private Pool |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas an Attached GarageHas Open ParkingParking Spaces: 2Parking: Storage,Covered,Attached,Alley Access,On Street |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
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Year Built Year Built: 1915 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: TownhouseStructure Type: End of Row/TownhouseArchitecture: End of Row/Townhouse |
Building Construction Materials: BrickNot a New Construction |
Property Information Not Included in Sale: Any Of The Sellers Personal ItemsIncluded in Sale: Tenants And Tenants Belongings.Parcel Number: 15530733680416 |
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Price List Price: $450,000 |
Status Change & Dates Off Market Date: Fri Jul 25 2025Possession Timing: Close Of Escrow |
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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: 3030 Square Feet |
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Lot Area: 1742 sqft |
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Special Conditions: Standard |
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Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, Conventional |
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Business Information Ownership: Fee Simple |
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Owner Pays: Common Area Maintenance, Management, Insurance, Pest Control, Repairs, Snow Removal, Taxes - Personal property, Taxes - Real Estate, Trash Collection, Water |
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BasementMls Number: PABK2057698Municipality: READING CITY |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 25, 2025 Source: Bright MLS #PABK2057698 | Sold | $455,000 |
Jul 18, 2025 Source: Bright MLS #PABK2057698 | Pending | $450,000 |
Jun 12, 2025 Source: Bright MLS #PABK2057698 | Contingent | $450,000 |
May 23, 2025 Source: Bright MLS #PABK2057698 | Listed For Sale | $450,000 |
May 17, 2023 Source: N/A | Sold | $240,000 |
Nov 28, 2012 Source: N/A | Sold | $58,200 |
Aug 24, 2012 Source: Agent Provided | ListingRemoved | $69,900 |
Aug 14, 2012 Source: Agent Provided | PriceChange | $69,900 Price decreased by 7% |
Jul 13, 2012 Source: Agent Provided | PriceChange | $74,900 Price increased by 0% |
Jul 8, 2012 Source: Agent Provided | Listed For Sale | $0 |
Aug 6, 2011 Source: Agent Provided | ListingRemoved | $109,900 |
Mar 7, 2011 Source: Agent Provided | Listed For Sale | $109,900 |
Nov 15, 2010 Source: Agent Provided | ListingRemoved | $119,900 |
Jun 13, 2010 Source: Agent Provided | PriceChange | $119,900 Price increased by 1% |
Jun 9, 2010 Source: Agent Provided | PriceChange | $119,000 Price decreased by 5% |
May 1, 2010 Source: Agent Provided | PriceChange | $124,900 Price decreased by 11% |
Apr 2, 2010 Source: Agent Provided | PriceChange | $139,900 Price decreased by 3% |
Aug 7, 2009 Source: Agent Provided | PriceChange | $144,900 Price decreased by 3% |
Jun 6, 2009 Source: Agent Provided | PriceChange | $149,000 Price decreased by 4% |
May 23, 2009 Source: Agent Provided | PriceChange | $154,900 Price decreased by 4% |
Feb 18, 2009 Source: Agent Provided | PriceChange | $161,900 Price decreased by 5% |
Jan 27, 2009 Source: Agent Provided | Listed For Sale | $169,900 |
Oct 3, 2008 Source: Agent Provided | ListingRemoved | $149,000 |
May 28, 2008 Source: Agent Provided | PriceChange | $149,000 Price decreased by 12% |
Feb 1, 2008 Source: Agent Provided | Listed For Sale | $169,900 |
Jun 27, 2007 Source: N/A | Sold | $154,000 |
Jun 30, 2005 Source: N/A | Sold | $105,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $2,452 | $54,400 |
Home facts updated by county records
Market trends in Reading
Last updated July 2026
Avg. sale price
$260K
$13.33KMoM
Sale-to-List Price
100.3%
Price per sq ft
$159
$2MoM
Available listings
393
32MoM
Around this home
What Locals Say about Reading
At least 1993 Trulia users voted on each feature.
82 % 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
53 % 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
LGBTQ Local Legal Protections

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.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
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Frequently asked questions about 1500 Centre Ave
- What is the price history for 1500 Centre Ave?1500 Centre Ave in Reading, PA last sold for $455,000 in July 2025.
- Is Reading a buyer's or seller's market?Reading is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Reading?The median sale price in Reading is $260K. That is up $13.33K from the prior month.
- What do residents say about Reading?Residents describe Reading, PA as pedestrian-friendly, dog-friendly, and well-kept. See recently sold homes in Reading, PA.
- Does 1500 Centre Ave have air conditioning?Yes, 1500 Centre Ave in Reading, PA has air conditioning.

