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Sold on 11/02/2023
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539 Oley St, Reading, PA 19601

  • $202,000

    Last sold 11/02/2023 for $105K

  • —

    bed

  • —

    bath

  • 1,780

    Sqft ($59/Sqft)

Multi-family not for sale
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About 539 Oley St

Property type Multi-family
Neighborhood
Year built 1925
HOA fee $0/month
Lot size 1,742 Sqft
Movoto estimate
Rental estimate
Property description
This multi-family property is located at 539 Oley St, Reading, PA, 19601 in Berks County and was built in 1925. The property offers 1,780 square feet of living space on a 1,742 sq ft (0.04-acre) lot. It is served by municipal sewer. Current annual taxes are $1,695.00. The estimated market value is $202,000, approximately $113 per square foot.
Overview
Cooling/AC Window Unit(s), Electric
Heating Natural Gas
Levels/Style Traditional
Type Multi-Family
SubType Duplex
Status Active
SqFt 1780
Lot Size (SqFt) 1742
Lot Size (Acres) 0.04
County Tax 339, Annually
City/ Town Tax 682
School Tax 674
Tax: Assessed Value 37600
Annual Property Tax 1695
Year Built 1925
Condition Very Good
Municipality READING CITY
New Construction (Y/N) N
Foreclosure (Y/N) N
Interior
Basement Full
Flooring Vinyl
Walls/ Ceilings Dry Wall
Accessibility Features None
Exterior
Construction Brick
Foundation Concrete Perimeter
Parking Desc On Street
Existing Structures Above Grade, Below Grade
Amenities / Utilities
Utilities Natural Gas Available
Sewer/ Septic Public Sewer
Electricity 100 Amp Service
Pool No Pool
Inclusions Stove & Refrigerator
Location
Water Source Public
School District READING
Directions Use GPS
Zoning RESI
Multifamily Details
# 2-Bedroom Units 1
# 3-Bedroom Units 1
# Units Month To Month 2
Net Operating Income 31200
Cap Rate 13.5
Operating Expense Includes Insurance
Income Includes Apartment Rentals
$202K
Range: $175K-$228K
Last 30 days 
Rental est.: $1,067/month
Gross rent multiplier: 8.2 - Good
  • Jun 2025
  • Jun 23, 2025 Delisted
    $239,900
  • Jun 12, 2025 Price Change
    $239,900 (+4.3%)
  • Apr 29, 2025 Listed
    $229,900
  • Apr 27, 2025 Listed
    $229,900 (+119.0%)
  • Nov 2023
    Public Records
  • Nov 2, 2023 Sold
    $105,000
  • Nov 2023
  • Nov 1, 2023 Sold
    $105,000 (-12.5%)
  • Oct 1, 2023 Pending
    —
  • Sep 15, 2023 Listed
    —
  • Jul 30, 2023 Pending
    —
  • Jul 16, 2023 Active
    —
  • Jul 5, 2023 Price Change
    $120,000 (-76.0%)
  • Nov 30, 2022 Listed
    —
  • Nov 23, 2022 Hold
    —
  • Sep 27, 2022 Pending
    —
  • Sep 24, 2022 Listed
    $500,000
  • 539 Oley St
    $105K
  • Northwest Reading
    $199K
  • 19601
    $210K +2% y/y
  • Reading
    $260K -5% y/y
No chart available
Statistics calculated by Movoto

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3/10
Riverside El School
public Grades PK, K-4
Reading School District
4/10
Central Middle School
public Grades 5-8
Reading School District
2/10
Reading Senior High School
public Grades 9-12
Reading School District
Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
  • PA
  • Berks County
  • Reading
  • 19601
  • 539 Oley St
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