MLS: #PABK2071162, Listed By: Joe Colon, Coldwell Banker Realty, Source:Bright MLS
113 W Oley Street
READING, PA 19601
4
Bed
0
Bath
1,663Sqft
0.03Acre(Lot)
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 e
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 4Room Information
Has Basement: Yes Basement: Full -
Interior Features
Appliances: Electric Water Heater Laundry Features: In Basement -
Heating & Cooling
Has Heating: Yes Heating: Electric, Baseboard Has Cooling: Yes Cooling: Window Unit(s)
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Building Information
Year Built: 1895 Building Area Total: 1663 Construction Materials: Brick Pool Features: None Private Pool: No
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Lot Information
Lot Dimensions: 0.00 x 0.00 Lot Size Acres: 0.03 Lot Size Source: Estimated Lot Size Square Feet: 1307
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Listing Price Information
Listing Price: $240000
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Tax Information
Parcel Number: 15-5307-57-54-5158 Tax Lot: 5158 Tax Year: 2026 Annual Tax: $1389
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Parking Information
Parking Total: 1 Oversized, Garage, DetachedGarage Information
Has Garage: Yes Garage Space: 1
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Location Information
Direction: USE GPS WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 112 N 11th Street, Reading, PA, 19601 | $630,000 | 6 | -- | -- | |
| 220 N 6th Street, Reading, PA, 19601 | $499,900 | 8 | -- | 4,791 | 4,791 SqFt |
| 104 N 4th Street, Reading, PA, 19601 | $420,000 | -- | -- | 2,968 | 2,968 SqFt |
| 418 Schuylkill Avenue, Reading, PA, 19601 | $200,000 | 5 | -- | 2,158 | 2,158 SqFt |
Similar Multifamily To 113 W Oley Street
Nearby For Sale
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ByOwner last updated this listing 06/08/2026 @ 18:07
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