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Listing description

Investment Opportunity – 111 Oley St, Reading, PA 19601 This 5-bedroom, 1.5-bathroom home presents a strong opportunity for investors or buyers looking to add value. The property is in overall decent condition but requires repairs and updates, making it ideal for a renovation, rental, or long-term investment. It also features a detached two-story garage located at the rear of the property, providing additional storage, workspace, or future potential use. The property is being sold AS-IS. The seller will not be responsible for any repairs or improvements, including any items required by the city or municipal inspections. All city requirements, violations, certifications, and related repairs will be the responsibility of the buyer. Don’t miss the opportunity to unlock the full potential of this property in Reading. Schedule your showing today.

Facts & features

Interior

Bedrooms
5
Bathrooms
1 full · 1 half
Living area
1,742 sq ft
Heating
Forced Air
Cooling
None

Property & construction

Property type
Residential · Interior Row/Townhouse
Architectural style
Traditional
Year built
1895

Lot & parking

Garage
1 space

Financial

Price / sq ft
$103
HOA dues
None

Listing details

MLS #
PABK2074140
County
Berks County
School district
Reading
Days on market
7 days

Price history

DateEventPrice
Jun 27, 2026Listed for sale$180,000

Price changes are tracked from when NookLocal first indexed this listing; earlier history may not appear. Tax & assessment details are in the section below.

The NookLocal estimate

Estimated value

$182,643

High confidence
$173,511$185,152

Automated estimate, not an appraisal.

About this estimate

Based on 10 comparable sales nearby, the Berks County assessment ratio, weighted toward the current asking price.

Current list price
$180,000
County assessment implies
$117,544
Est. property taxes at today's rates
$1,088/yr

Comparable Sales

AddressClosedSale priceBd/BaSqftAdjusted value
613 RITTER ST, READING, PA 19601June 2026$222,0005/11,757$216,853
537 WEISER ST, READING, PA 19601January 2026$175,0005/11,645$175,169
817 CHURCH ST, READING, PA 19601November 2025$127,7005/11,701$126,112
1542 CENTRE AVE, READING, PA 19601March 2026$210,0004/11,754$204,975
1037 MADISON AVE, READING, PA 19601May 2026$200,0005/11,617$201,385
515 N FRONT ST, READING, PA 19601December 2025$193,0005/11,678$204,152

Estimated taxes

Estimated at current rates

$1,088 / year

$91 per month

MLS shows (2026)

$1,742

-37.5% at current rates

School tax

READING · 17.93 mills (2025-26)

$724

County tax

Berks County · 9.01 mills (2026)

$364

Municipal tax

Not reported in the MLS feed

Assessment note: this home is assessed at $40,400 — well below the ~$61,866 its asking price implies at Berks County's common level ratio (34.4%). A sale near asking can invite a school-district assessment appeal that could raise the bill by roughly $578/year. Worth pricing in.

Recomputed from the county assessment ($40,400, 1994 base year) × current millage — portals typically reprint the recorded 2026 bill. Pennsylvania does not reassess on sale. Estimate only — verify with Berks County before relying on it. Learn more: PA property tax calculator · Common Level Ratio by county.

Estimated monthly payment calculator

$36,000 (20%)
6.75%

Loan term

Estimated monthly payment

$1,077/mo

Principal & interest
$934
Property taxes (current rates)
$91
Home insurance (est.)
$53

Taxes use NookLocal's estimate at current millage rates, not the stale figure on the MLS. Estimate only; verify before relying on it.

Area statistics

School district

Reading

Academic index
28.1/100
Graduation rate
77.5%
PSSA ELA proficient
17.4%

2025 PA state assessments (PSSA / Keystone) and graduation data. Districts serve all residents; verify enrollment boundaries with the district.

Safety data

Berks Countycrime & safety numbers →

FBI and Pennsylvania source data, presented without spin.

Property taxes

Berks County taxes, explained →

Millage, the Common Level Ratio, and what changes after you buy.

Map for 111 WEST OLEY, READING, PA 19601

© BRIGHT, All Rights Reserved

Information Deemed Reliable But Not Guaranteed

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 in which United Real Estate Strive 212 participates, and is provided by BRIGHT through a licensing agreement.

IDX listings are displayed pursuant to broker of record United Real Estate Strive 212 — Frank Ramos, Broker/Owner, PA Broker License RM424345, 1220 Broadcasting Rd, Suite 201, Wyomissing, PA 19610, (610) 372-0212.

The information provided by this website is for the personal, non-commercial use of consumers and 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 this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

Data last updated: July 4, 2026 at 2:29 AM EDT

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