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$179,900 Sale Pending
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Property Description
Investors-take a look at this 2-unit property with immediate rental income and additional income potential! Both units offer 2 bedrooms and 1 full bath. The first-floor unit is currently rented for $1,000/month, while the second unit is vacant. The vacant unit was also rented for $1,000/month until last month, providing a clear opportunity to bring the property back to $2,000/month in potential gross rental income when both units are occupied. Recent updates include gas furnaces installed in 2026 and water heaters installed in 2023, adding value and peace of mind for the next owner. The property also features a detached garage and front porch and is located in Reading's Queen Anne Historic District. A great opportunity for an investor looking to add a two-unit property to their portfolio, or an owner-occupant looking to live in one unit while the other helps offset their housing expenses. With one unit already producing rental income and the second ready for a new tenant, this property offers flexibility and income potential from day one.
Full Property Details
Full Property Details for 140 W Oley St
General
- Price: $179,900
- Taxes: $1,210 (2026)
- Status: Pending
- Type: Townhouse
- Source: BrightMLSPhilly
- MLS ID: PABK2078950
- Updated: 10/7/2026
- Added to Site: 8 day(s) ago
Rental Information
- Lease Info: Month to Month
Interior
- Number of Rooms: 10
Parking
- Garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Type: Detached Garage, On Street
- Garage Description: Garage - Rear Entry
Location
- Area: Reading City (10201)
- Municipality: READING CITY
- County: BERKS
- Driving Directions: From Reading Airport - 183 South - Left on W. Oley Street - Property on the Right.
School Information
- School District: Reading
Heating & Cooling
- Cooling Type: None
- Heating Type: Hot Water
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Natural Gas Available
Structural Information
- Architectural Style: Victorian
- Structure Type: Interior Row/Townhouse
- Construction: Brick
- Foundation: Stone
- Square Feet: 3,073
- Sq. Ft. Source: Estimated
- Living Area: 2,073 Sq. Ft.
- Finished Above Grnd: 2,073 Sq. Ft.
- Year Built: 1900
- Year Built Source: Assessor
Unit Information
- Other Units: Unit 1, Unit 1
Lot Features
- Property View: City
- Lot Size (Acres): 0.04
- Lot Size (Sq. Ft.): 1,742
- Lot Size Source: Assessor
- Zoning: R-3 RESIDENTIAL
Financial Considerations
- Price Per Sq. Ft.: $86.78
- Operating Expenses: $2,280
- Assessment Year: 2026
- School Tax: $476
- City/TownTax: $500
- City/TownTax Freq: Annually
- County Tax: $234
- County Tax Freq: Annually
- Tax w/Assessment: $26,000
- Tax Amount: $1,210
- Tax Year: 2026
- Owner Pays: Sewer, Water, Trash Collection
- Tax Total Finished Sq. Ft.: 2073
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 2080
Listed by Daryl Tillman Realty Group, CORINNA BORTZ
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Schools
Schools serving 140 W Oley St
School District:Reading School District
| Name | Grades | Distance |
|---|---|---|
Northwest El School, Reading, PA 820 Clinton Street, Reading, PA 19601 | PK-4 | 0.5 mi |
Central Middle School, Reading, PA 215 North 12th Street, Reading, PA 19604 | 5-8 | 1.3 mi |
Reading Senior High School 801 North 13th Street, Reading, PA 19604 | 9-12 | 1.4 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 140 W Oley St
Date
Details
Price
Change
Source
10/01/2026
Listed
$179,900
—
MLS
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
Tax History for 140 W Oley St
Year
Property Taxes
Change
Tax Assessment
Change
2026
$734
4%
$26,000
—
2025
$706
3%
$26,000
—
2024
$688
-39%
$26,000
—
2023
$1,137
—
$26,000
—
2022
$1,137
—
$26,000
—
2021
$1,137
1%
$26,000
—
2020
$1,125
—
$26,000
—
2019
$1,125
—
$26,000
—
2018
$1,125
1%
$26,000
—
2017
$1,118
1%
$26,000
—
2016
$1,104
5%
$26,000
—
2015
$1,052
1%
$26,000
—
2014
$1,040
—
$26,000
—
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
Estimate the Cost for 140 W Oley St
140 W Oley Street, Reading, PA 19601 (MLS# PABK2078950) is a Townhouse property with 0 bedrooms and 0 full bathrooms. 140 W Oley Street is currently listed for $179,900 and was received on October 01, 2026. Want to learn more about 140 W Oley Street? Do you have questions about finding other Townhouse real estate for sale in Reading? You can browse all Reading real estate or contact a Coldwell Banker agent to request more information.

