$259,000
5692 Allentown Pike, Reading, PA 19605
Listed by Iron Valley Real Estate of Berks
Attention Investors, Renovators, and Buyers Looking for a Project. Located in the Oley Valley School District, this spacious 4-bedroom, 1.5-bath split-level home is situated on a nicely sized lot and offers plenty of potential for those with vision and creativity. Whether you’re looking for your next investment opportunity or a property to renovate and make your own, this home provides a great opportunity to bring your ideas to life! The main level welcomes you with an entry foyer leading to a generously sized living room featuring a brick fireplace and sliding glass doors that open to the rear patio. The kitchen offers ample cabinet space and charming exposed beam, while a separate dining room and convenient half bath complete this level. The upper level features two additional spacious rooms, including a large family room and a second room that offers the possibility of creating an additional kitchen or flexible living space. Both rooms feature an open design overlooking the level below. The next upper level includes four bedrooms with wood flooring and a full hall bath. An unfinished basement provides additional storage space and possibilities. Bring your imagination and renovation ideas! With its spacious floor plan, interesting architectural features, and desirable location, this property presents an opportunity to restore, update, and transform it into something special. Property is being sold strictly AS-IS. Envision the possibilities and unlock this property’s potential! Call today for additional information or to schedule your private showing.
How the bedrooms and baths are distributed across the floors, as reported by the listing agent.
| Date | Event | Price |
|---|---|---|
| Oct 15, 2026 | Listed for sale | $254,900 |
Price changes are tracked from when NookLocal first indexed this listing; earlier history may not appear. Tax & assessment details are in the section below.
Estimated value
$293,000
Automated estimate, not an appraisal. Sale records through July 2026.
Based on 10 comparable sales nearby, the Berks County assessment ratio, weighted toward the current asking price.
| Address | Closed | Sale price | Bd/Ba | Sqft | Adjusted value |
|---|---|---|---|---|---|
| 2326 ALSACE RD, READING, PA 19604 | June 2025 | $360,000 | 4/2 | 1,710 | $360,359 |
| 307 SKYLINE DR, READING, PA 19606 | August 2026 | $401,000 | 3/1 | 1,835 | $384,834 |
| 122 SKYLINE DR, READING, PA 19606 | June 2026 | $374,900 | 4/1 | 1,560 | $494,052 |
| 122 SKYLINE DR, READING, PA 19606 | December 2025 | $249,900 | 4/1 | 1,560 | $345,659 |
| 196 SKYLINE DR, READING, PA 19606 | January 2025 | $350,000 | 3/1 | 1,780 | $401,261 |
| 176 HECKMAN RD, TEMPLE, PA 19560 | October 2026 | $415,000 | 3/1 | 1,540 | $443,342 |
Estimated at current rates
$4,877 / year
≈ $406 per month
MLS shows (2026)
$5,005
-2.5% at current rates
School tax
OLEY VALLEY · 32.13 mills (2025-26)
$3,654
County tax
Berks County · 9.01 mills (2026)
$1,025
Municipal tax
As recorded for 2026, varies by municipality
$199
Recomputed from the county assessment ($113,700, 1994 base year) × current millage. School millage is from the latest year certified by the Pennsylvania Department of Education (2025-26); districts adopt the next year's budgets each June, and we update when the state certifies the statewide file in the fall. 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.
Loan term
Estimated monthly payment
$1,760/mo
Taxes use NookLocal's estimate at current millage rates, not the stale figure on the MLS. The default rate is the average 30-year rate as of July 2026; insurance is estimated at 0.35% of the price per year. Below 20% down, lenders usually add mortgage insurance, which this estimate doesn't include. Estimate only; verify before relying on it.
School district
Oley Valley
2025 PA state assessments (PSSA / Keystone) and graduation data. The index measures student outcomes, not school effectiveness, and is not adjusted for demographics. Districts serve all residents; verify enrollment boundaries with the district.
Safety data
Berks County crime & safety numbers →
County figures from FBI and Pennsylvania source data.
Property taxes
Berks County taxes, explained →
Millage, the Common Level Ratio, and what changes after you buy.
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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: October 26, 2026 at 2:01 AM EDT
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