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$220,000
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Property Description
With a Motivated Seller, 725 Madison Ave is the kind of opportunity you will regret missing! Every so often, a property hits the market that checks all the boxes: location, flexibility, income potential, and immediate usability. This is one of those rare listings. Located in Reading's coveted Centre Park Historic District, 725 Madison Ave is a fully vacant, legal two-unit that's been given a clean, light remodel - meaning you can skip the heavy lifting and focus on what matters: income and lifestyle. Here's what makes it stand out: Two units, zero delays: Both are move-in ready - no tenant buyouts, no renovation headaches. Income potential that pays for itself: The 1-bedroom first floor projects at $1,200/month; the 3-bedroom upstairs can command about $1,650/month. Total control from day one: Rent both, live in one, or claim the entire home for yourself and use the first floor as an in-law suite or guest quarters. Prime positioning: A solid structure and a location in one of Reading's most consistent and high-demand rental corridors. Smart investors know that the real win isn't just what a property is worth today, but how it performs for years to come. 725 Madison Ave gives you the numbers now and the flexibility to pivot as your needs or the market shifts. Opportunities like this don't sit around waiting. The ones who act get the cash flow. The ones who hesitate watch it slip away. Showings are now open. The question is - will it be you unlocking the door first, or watching someone else claim it?
Full Property Details
Full Property Details for 725 Madison Ave
General
- Sold For: $220,000
- Taxes: $1,546 (2025)
- Status: Closed
- Type: Townhouse
- Source: BrightMLSPhilly
- MLS ID: PABK2063830
- Added to Site: 197 day(s) ago
Parking
- Parking Type: None
Location
- Area: Reading City (10201)
- Municipality: READING CITY
- County: BERKS
- Driving Directions: Use GPS
School Information
- School District: Reading
Heating & Cooling
- Cooling Type: None
- Heating Type: 90% Forced Air
- Heating Fuel: Oil
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Traditional
- Structure Type: Interior Row/Townhouse
- Construction: Brick
- Foundation: Brick/Mortar
- Square Feet: 1,656
- Sq. Ft. Source: Assessor
- Living Area: 1,656 Sq. Ft.
- Finished Above Grnd: 1,656 Sq. Ft.
- Year Built: 1900
- Year Built Source: Assessor
Lot Features
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,306
- Lot Size Source: Assessor
- Zoning: RESIDENTIAL
Financial Considerations
- Price Per Sq. Ft.: $132.79
- Assessment Year: 2025
- School Tax: $615
- City/TownTax: $622
- City/TownTax Freq: Annually
- County Tax: $309
- County Tax Freq: Annually
- Tax w/Assessment: $34,300
- Tax Amount: $1,546
- Tax Year: 2025
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 1656
Disclosures and Reports
- Ownership: Fee Simple
- Inclusions: Any Items Left In Basement.
- Lot Number: 6338
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Schools
Schools serving 725 Madison Ave
School District:Reading School District
| Name | Grades | Distance |
|---|---|---|
Riverside El School 1400 Centre Avenue, Reading, PA 19601 | PK-4 | 0.8 mi |
Central Middle School, Reading, PA 215 North 12th Street, Reading, PA 19604 | 5-8 | 0.9 mi |
Reading Senior High School 801 North 13th Street, Reading, PA 19604 | 9-12 | 0.9 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 725 Madison Ave
Date
Details
Price
Change
Source
3/20/2026
Sold
$220,000
0.05%
MLS
1/05/2026
Price Reduced
$219,900
-3.43%
MLS
12/05/2025
Price Reduced
$227,700
-0.96%
MLS
11/18/2025
Price Reduced
$229,900
-8%
MLS
10/07/2025
Listed
$249,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
725 Madison Avenue, Reading, PA 19601 (MLS# PABK2063830) is a Townhouse property that was sold at $220,000 on March 20, 2026. This property was sold by Margie DeJesus Team from our Wyomissing Office.Want to learn more about 725 Madison Avenue? 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.


