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$290,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 1,148 Sq. Ft.
  • 3 Car Garage
  • Updated 2 days ago
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Welcome to 1342 Allegheny Ave! This well maintained, profit generating two unit property will be a great addition or start to any investors portfolio! Currently fully tenant occupied, the location of this property truly makes it stand out. It is close enough to major highways, stores, and schools to make accessibility a breeze while still being distant enough from the major city to make the property feel like its own private oasis. Parking is not a problem as the property has ample private parking. The first floor, one bedroom unit, is currently rented at $1000/month and the second floor, one bedroom unit, is rented at $1200/month. The garages have recently been full renovated and are also rented. This is a must see! Contact us to schedule your private showing today!

Full Property Details for 1342 Allegheny Ave

General

  • Price: $290,000
  • Taxes: $2,474 (2025)
  • Status: Active
  • Type: Single Family
  • Source: BrightMLSPhilly
  • MLS ID: PABK2072974
  • Updated: 6/9/2026
  • Added to Site: 3 day(s) ago

Exterior

  • Exterior Features: Sidewalks, Street Lights

Parking

  • Garage: Yes
  • Garage Spaces: 3
  • Total Spaces: 3
  • Parking Type: Detached Garage, Other
  • Garage Description: Oversized

Location

  • Area: Reading City (10201)
  • Municipality: READING CITY
  • County: BERKS
  • Cross Streets: Rt 12
  • Driving Directions: From Penn St in Reading, head west on Penn St toward N 5th St. Turn left at the 1st cross street onto S 5th St. Get on US-422 W in West Reading from Penn St. Continue on US-422 W. Drive to Allegheny Ave in Reading. Turn right onto Allegheny Ave

School Information

  • School District: Reading

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Hot Water
  • Heating Fuel: Oil
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Other
  • Structure Type: Detached
  • Construction: Frame, Masonry
  • Basement: Yes
  • Basement Desc.: Full
  • Foundation: Stone, Concrete Perimeter
  • Roof: Pitched, Shingle
  • Square Feet: 1,148
  • Sq. Ft. Source: Assessor
  • Living Area: 1,148 Sq. Ft.
  • Finished Above Grnd: 1,148 Sq. Ft.
  • Year Built: 1930
  • Year Built Source: Assessor

Unit Information

  • Other Units: Unit 1, Unit 2

Lot Features

  • Lot Size (Acres): 0.11
  • Lot Size (Sq. Ft.): 4,791
  • Lot Size Source: Estimated
  • Zoning: RES

Financial Considerations

  • Price Per Sq. Ft.: $252.61
  • Assessment Year: 2026
  • School Tax: $961
  • City/TownTax: $1,030
  • City/TownTax Freq: Annually
  • County Tax: $483
  • County Tax Freq: Annually
  • Tax w/Assessment: $53,600
  • Tax Amount: $2,474
  • Tax Year: 2025
  • Tax Total Finished Sq. Ft.: 1148

Disclosures and Reports

  • Ownership: Fee Simple
  • Exclusions: tenant's personal property
  • Inclusions: 2 Refrigerators and stoves in as is condition
  • Lot Number: 8762

Listed by JM Diamond Realty, Jose Manzueta

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Listing agent

— 1342 Allegheny Ave —

  • Jose Manzueta

    JM Diamond Realty

Listing Office Email: josemanzueta946@gmail.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1342 Allegheny Ave

School District:Reading School District
NameGradesDistance
Glenside El School
500 Lackawanna Street, Reading, PA 19601
PK-40.3 mi
Northwest Middle School
1000 North Front Street, Reading, PA 19601
5-80.9 mi
Reading Senior High School
801 North 13th Street, Reading, PA 19604
9-122.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1342 Allegheny Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/09/2026
Listed
$290,000
34.88%
MLS
8/14/2025
Sold
$215,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1342 Allegheny Ave

Year
Property Taxes
Change
Tax Assessment
Change
2026
$1,513
4%
$53,600
—
2025
$1,455
3%
$53,600
—
2024
$1,419
-39%
$53,600
—
2023
$2,343
—
$53,600
—
2022
$2,343
—
$53,600
—
2021
$2,343
1%
$53,600
—
2020
$2,320
—
$53,600
—
2019
$2,320
—
$53,600
—
2018
$2,320
1%
$53,600
—
2017
$2,304
1%
$53,600
—
2016
$2,276
5%
$53,600
—
2015
$2,169
1%
$53,600
—
2014
$2,143
—
$53,600
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 1342 Allegheny Ave

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by JM Diamond Realty, Jose Manzueta

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1342 Allegheny Avenue, Reading, PA 19601 (MLS# PABK2072974) is a Single Family property with 0 bedrooms and 0 full bathrooms. 1342 Allegheny Avenue is currently listed for $290,000 and was received on June 09, 2026. Want to learn more about 1342 Allegheny Avenue? Do you have questions about finding other Single Family real estate for sale in Reading? You can browse all Reading real estate or contact a Coldwell Banker agent to request more information.

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