OFF MARKET

Off market mar 2016 for $385K

—

•

8,400

sq ft

5370 Oley Turnpike Rd, Reading, PA 19606

About this home

Rare opportunity to own a 8 unit Exeter Township suburban fully occupied apartment building. 4-2BR and 4-1BR apartments all under one roof. Situated on a conveniently located 3 plus acre lot. Most are long term tenants under annual auto renewing 1 year leases. This 3 story building offers plenty of off street parking in both front and back. On site well and septic, all separate electric meters (9 total includes 1 owner's) and each unit has its own hot water heater. Tenants pay their own utilities. Don't miss out on this income producing opportunity schedule your showing today.

Multi-familyProperty Type

1979Year Built

3.16 acresLot Size

$46Price/Sq.Ft.

Listed by Ed Spayd • RE/MAX Of Reading

•610-670-2770 (broker)

•info@goberkscounty.com (broker)

Bought with Dave Decembrino • RE/MAX Of Reading

•610-670-2770 (broker)

•info@goberkscounty.com (broker)

Redfin checked: a few seconds ago

•Source:BRIGHT MLS #1002654140

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 19606, PA

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

100.4%

0.7% MoM

Median sale price

$295K

$5K MoM

Avg. days on market

12d

1 days MoM

Recently sold homes

145

5 MoM

New listings for sale

$349,900
3 beds2 baths1,557 sq ft
4090 Painted Sky Rd, Reading, PA 19606
(717) 735-2204
NEW
$329,900
3 beds2 baths1,392 sq ft
4851 Oley Turnpike Rd, Reading, PA 19606
(484) 450-8771
OPEN SUN, 1PM TO 3PM
$474,900
5 beds3.5 baths3,269 sq ft
450 Parkview Rd, Reading, PA 19606
(610) 898-1441
COMING SOON
$439,900
4 beds2.5 baths2,959 sq ft
11 Boxwood Ct, Reading, PA 19606
(610) 779-2500
$229,900
3 beds1.5 baths1,552 sq ft
1063 Deer Run, Reading, PA 19606
(610) 372-0212
$424,900
4 beds2.5 baths1,973 sq ft
53 Bent Brook Cir, Reading, PA 19606
(610) 670-2770
COMING SOON
$329,900
4 beds2 baths2,423 sq ft
2442 Grandview Ave, Reading, PA 19606
(610) 372-3200
$200,000
3 beds1 bath1,128 sq ft
300 N 25th St, Reading, PA 19606
(610) 363-8444
$585,000
4 beds2.5 baths2,917 sq ft
176 Old Spies Church Rd, Reading, PA 19606
(610) 373-8701
$255,000
4 beds2 baths1,404 sq ft
95 Pennsylvania Ave, Reading, PA 19606
(484) 450-8771
See all

Provided by Redfin

Sale history for 5370 Oley Turnpike Rd

Year

Property tax

Land + Additions

Assessment*

2026

$12,514 (+0.5%)

$79,000 + $180,300

$259,300

2025

$12,449 (+1.1%)

$79,000 + $180,300

$259,300

2024

$12,314 (+3.4%)

$79,000 + $180,300

$259,300

2023

$11,911 (+1.1%)

$79,000 + $180,300

$259,300

2022

$11,778 (+1.5%)

$79,000 + $180,300

$259,300

2021

$11,600 (+1.1%)

$79,000 + $180,300

$259,300

2020

$11,471 (+1.1%)

$79,000 + $180,300

$259,300

2019

$11,344 (+0.3%)

$79,000 + $180,300

$259,300

2018

$11,310 (+1.5%)

$79,000 + $180,300

$259,300

2017

$11,147 (+3.6%)

$79,000 + $180,300

$259,300

2015

$10,758 (+1.1%)

$79,000 + $180,300

$259,300

2014

$10,641 (+1.7%)

$79,000 + $180,300

$259,300

2013

$10,461 (+1.9%)

$79,000 + $180,300

$259,300

2012

$10,271 (+0.9%)

$79,000 + $180,300

$259,300

2011

$10,179 (+3.3%)

$79,000 + $180,300

$259,300

2010

$9,849

$79,000 + $180,300

$259,300

Tax history for 5370 Oley Turnpike Rd

Year

Property tax

Land + Additions

Assessment*

2026

$12,514 (+0.5%)

$79,000 + $180,300

$259,300

2025

$12,449 (+1.1%)

$79,000 + $180,300

$259,300

2024

$12,314 (+3.4%)

$79,000 + $180,300

$259,300

2023

$11,911 (+1.1%)

$79,000 + $180,300

$259,300

2022

$11,778 (+1.5%)

$79,000 + $180,300

$259,300

2021

$11,600 (+1.1%)

$79,000 + $180,300

$259,300

2020

$11,471 (+1.1%)

$79,000 + $180,300

$259,300

2019

$11,344 (+0.3%)

$79,000 + $180,300

$259,300

2018

$11,310 (+1.5%)

$79,000 + $180,300

$259,300

2017

$11,147 (+3.6%)

$79,000 + $180,300

$259,300

2015

$10,758 (+1.1%)

$79,000 + $180,300

$259,300

2014

$10,641 (+1.7%)

$79,000 + $180,300

$259,300

2013

$10,461 (+1.9%)

$79,000 + $180,300

$259,300

2012

$10,271 (+0.9%)

$79,000 + $180,300

$259,300

2011

$10,179 (+3.3%)

$79,000 + $180,300

$259,300

2010

$9,849

$79,000 + $180,300

$259,300

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

3.16 Acres

Year renovated

—

Sq. Ft.

8,890

Year built

1978

Style

Multi-Family (5+ Unit)

County

Berks County

APN

43533704718514

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 31, 2026.

Rural Conservation District

It is the purpose of this district to encourage the preservation of rural areas containing woodlands, watersheds, watercourses and wildlife habitats, which will serve to perpetuate the rural atmosphere, open spaces and scenic landscapes in these portions of the Township. Much of the district contains steep slopes, and is classified as having severe limitations to development. Because of this, intensive residential development will not be permitted.

Permitted uses

Include but are not limited to:

Agriculture
Greenhouse / nursery
Housing-Single unit
Processing
Office
Public service
Recreation
Communications tower
Park & open space

Property details

Parking

Parking Information
Parking Lot

Interior

Virtual Tour

Interior Information
Entry Location: Private
Flooring Type: Fully Carpeted, Vinyl
Interior Features: CeilngFan(s)

Room Information
Master Bedroom

Basement Information
Basement: Yes
Partial, Unfinished, Outside Entrance

Multi Unit Information
# of One Bedroom Units: 4
# of Two Bedroom Units: 4
Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 8,Unit 3,Unit 6,Unit 7
Gross Income: $60,120
Annual Gross Expense: $22,560
Other Expense: 2175.00

Exterior

Property Information
Improvement Assessed Value: $180,300
Insurance Expense: $3,302
Ownership Interest: Fee Simple
Property Condition: Good
Year Built Source: Estimated

Building Information
Construction Not Completed
Construction Materials: Aluminum Siding, Stucco, Brick
Foundation Details: Stone
Other Structures: Above Grade
Roof: Pitched, Shingle
Structure Type: Detached

Exterior Information
Satellite Dish

Lot Information
Lot Size Dimensions: IRREG
Tidal Water: No

Land Information
Land Assessed Value: $79,000

Above Grade Information
Finished Sq.Ft.: 8,400
Finished Sq.Ft. Source: Estimated

Financial

Tax Information
Tax Assessed Value: $259,300
Tax Year: 2016
Tax Annual Amount: $10,857

Utilities

Utilities Information
Cooling Type: Wall Unit
Electric Expense: $292
100 Amp Service, Circuit Breakers
Electric, Baseboard
Heating Fuel: Electric
Hot Water: Electric
Sewer Septic: On Site Septic
Water Source: Well

Location

Homeowners Association Information
Maintenance Expense: $6,032

School Information
School District Name: EXETER TOWNSHIP

Location Information
Cross Street: OLEY TURNPIKE
Municipality: EXETER TWP

Public facts

Beds: —
Baths: —
Sq. Ft.: 8,890
Stories: —
Lot Size: 3.16 acres
Style: Multi-Family (5+ Unit)
Year Built: 1978
Year Renovated: —
County: Berks County
APN: 43533704718514

Home facts updated by county records on Aug 31, 2026

Around this home

Schools

K - 12
Preschool & daycare

Owatin Creek Elementary School

Public K-4 • Assigned • 1.3mi

8/10

Exeter Twp Junior High School

Public 7-8 • Assigned • 2.8mi

5/10

Exeter Twp Senior High School

Public 9-12 • Assigned • 2.9mi

8/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

3/10 Fire Factor

0.15% chance of being in a wildfire in next 30 years

5/10 Heat Factor

7 days above 101° expected this year, 15 days in 30 years

4/10 Wind Factor

17% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Reading, PA • 19606

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9 hours in June and 3.9 hours in December, placing it below the U.S. average for solar exposure.

9 hrs

3.9 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

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Home values near 5370 Oley Turnpike Rd

Data from public records.

Address	Redfin Estimate
5454 Oley Turnpike Rd, Reading, PA 3 Beds \| 2.5 Baths \| 2020 Sq. Ft.	$421,758
5300 Oley Turnpike Rd, Reading, PA 4 Beds \| 1.5 Baths \| 3050 Sq. Ft.	$603,511
4 Beecham Rd, Reading, PA 5 Beds \| 3.5 Baths \| 3784 Sq. Ft.	$778,083

Address	Redfin Estimate
5458 Oley Turnpike Rd, Reading, PA 4 Beds \| 2.5 Baths \| 1998 Sq. Ft.	$388,111
9 Glen Oley Dr, Reading, PA 6 Beds \| 6.5 Baths \| 6156 Sq. Ft.	$1,211,414
2 Beecham Rd, Reading, PA 3 Beds \| 2.5 Baths \| 3698 Sq. Ft.	$759,769

Address	Redfin Estimate
5280 Oley Turnpike Rd, Reading, PA 3 Beds \| 3 Baths \| 2112 Sq. Ft.	$432,899
8 Glen Oley Dr, Reading, PA 4 Beds \| 3.5 Baths \| 3760 Sq. Ft.	$632,089
4 Beecham Rd Lot 4, Reading, PA 4 Beds \| 3.5 Baths \| 3784 Sq. Ft.	$741,024

Property information provided by BRIGHT MLS when last listed in 2015. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in 19606, PA

Sale history for 5370 Oley Turnpike Rd

Tax history for 5370 Oley Turnpike Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 19606

Home values near 5370 Oley Turnpike Rd

More real estate resources