$140,000
4 bd|1 ba|975 sqft
520 S 17 1/2 St, Reading, PA 19606
Listed by JM Diamond Realty
For Sale1 of 8
Listing description
Welcome to 338 Cedar St, this excellent investment opportunity! This 2-bedroom home is currently tenant-occupied, generating $1,300/month in rental income, with the tenant responsible for all utilities. A great addition to any investment portfolio, this property offers immediate cash flow and low landlord utility expenses. Conveniently located near local amenities and transportation. Contact us to schedule your private showing today!
Facts & features
Interior
- Bedrooms
- 2
- Bathrooms
- 1 full
- Living area
- 984 sq ft
- Heating
- 90% Forced Air
- Cooling
- None
Property & construction
- Property type
- Residential · Interior Row/Townhouse
- Architectural style
- Traditional
- Year built
- 1900
Lot & parking
- Lot size
- 0.03 acres (1,306 sq ft)
Financial
- Price / sq ft
- $142
- HOA dues
- None
Listing details
- MLS #
- PABK2072968
- County
- Berks County
- School district
- Reading
- Days on market
- 25 days
Price history
| Date | Event | Price |
|---|---|---|
| Jun 9, 2026 | Listed for sale | $140,000 |
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
$125,177
$118,919$131,436
Automated estimate, not an appraisal.
About this estimate
Based on 10 comparable sales nearby, the Berks County assessment ratio, and this home's own July 2024 sale grown with the local market, weighted toward the current asking price.
- Last sold
- July 2024 for $73,000
- About $78,054in today's market
- Current list price
- $140,000
- County assessment implies
- $41,315
- Est. property taxes at today's rates
- $383/yr
Comparable Sales
| Address | Closed | Sale price | Bd/Ba | Sqft | Adjusted value |
|---|---|---|---|---|---|
| 405 CHURCH ST, READING, PA 19601 | March 2026 | $135,000 | 2/1 | 1,011 | $134,238 |
| 419 N 2ND ST, READING, PA 19601 | January 2026 | $99,000 | 3/1 | 994 | $101,330 |
| 1142 CHURCH ST, READING, PA 19601 | September 2025 | $180,000 | 3/1 | 981 | $184,028 |
| 423 N 2ND ST, READING, PA 19601 | May 2026 | $95,000 | 3/1 | 937 | $99,658 |
| 420 N 11TH ST, READING, PA 19604 | November 2025 | $140,000 | 2/1 | 981 | $153,234 |
| 812 MUHLENBERG ST, READING, PA 19602 | May 2026 | $92,000 | 2/1 | 1,046 | $98,766 |
Sale history
| Date | Event | Price |
|---|---|---|
| July 2024 | Sold | $73,000 |
From closed MLS records since 2018. Earlier transactions may exist.
Estimated taxes
Estimated at current rates
$656 / year
≈ $55 per month
MLS shows (2025)
$655
School tax
READING · 17.93 mills (2025-26)
$255
County tax
Berks County · 9.01 mills (2026)
$128
Municipal tax
As recorded for 2025 — varies by municipality
$273
Assessment note: this home is assessed at $14,200 — well below the ~$48,118 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 $914/year. Worth pricing in.
Recomputed from the county assessment ($14,200, 1994 base year) × current millage — portals typically reprint the recorded 2025 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
$28,000 (20%)
6.75%
Loan term
Estimated monthly payment
$822/mo
- Principal & interest
- $726
- Property taxes (current rates)
- $55
- Home insurance (est.)
- $41
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 location
Open in Google Maps© 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 3, 2026 at 8:28 PM EDT
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