$90,000
PENDING

938 Madison Ave Reading, PA 19601

Reading Area

Estimated payment $647/month

3 Beds
1 Bath
1,641 Sq Ft
$55 Price per Sq Ft

Highlights

  • Transitional Architecture
  • Heating System Uses Natural Gas
  • 4-minute walk to Centre Park
  • No HOA

About This Home

Discover a prime investment opportunity in this charming 3-bedroom, 1-bathroom townhouse built in 1908, offering a blend of historic character and modern potential. With 1,641 finished square feet, this transitional-style property features a full basement, providing ample space for storage or future renovations. The brick exterior not only enhances curb appeal but also ensures durability and low maintenance. Situated on a compact 0.03-acre lot, this interior row home is perfect for maximizing rental income in a desirable urban setting. The property is currently unencumbered by an association, allowing for flexible management and investment strategies. On-street parking adds convenience for tenants, while the absence of a pool reduces maintenance costs. This property presents an excellent opportunity for both seasoned investors and those looking to enter the real estate market. With the potential for rental income in a growing area, you can capitalize on the demand for housing while benefiting from the appreciation of property values over time. Whether you choose to renovate and increase rental rates or hold for long-term appreciation, this townhouse is a solid addition to any investment portfolio. Don't miss your chance to secure a property with both character and potential in a thriving market.

Listing Agent

Michael Gibbons

(855) 450-0442 pabroker@onereal.com Real of Pennsylvania Brokerage Phone: 8554500442 License #RS362721 Listed on: 09/24/2026

Real of Pennsylvania

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,624

Year Built

  • Built in 1908

Lot Details

  • 1,306 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Transitional Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,641 Sq Ft Home
  • Property has 2 Levels
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Riverside Elementary School
  • Northwest Middle School
  • Reading Senior High School

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 5520
  • Assessor Parcel Number 14-5307-51-75-5520

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,624

Year Built

Built in 1908

Lot Details

1,306 Sq Ft Lot

Listing Details

  • Standard Status: Pending
  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Transitional
  • Ownership: Fee Simple
  • Inclusions: Everything inside the house comes with it.
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1908
  • Automatically Close On Close Date: Yes
  • MLS Status: PENDING-BRIGHT
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room List: Bedroom 2, Kitchen, Bedroom 1, Bathroom 1
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1641
  • Living Area Sq Ft: 1641
  • Price Per Sq Ft: 54.84
  • Above Grade Finished Sq Ft: 1641
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Radiant
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • Elementary School: RIVERSIDE
  • High School: READING SENIOR
  • Middle Or Junior School: NORTHWEST

Lot Info

  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1306.00
  • Zoning: RESIDENTIAL
  • Zoning Description: Single Family Residential

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • School Tax: 638.00
  • Tax Annual Amount: 1624.00
  • Assessor Parcel Number: 14-5307-51-75-5520
  • Tax Lot: 5520
  • County Tax Payment Frequency: Annually
  • Tax Year: 2026

MLS Schools

  • School District Name: READING

Map

Range of Values:

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Value Increase
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Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $985 $34,900 $9,000 $25,900
2025 $947 $34,900 $9,000 $25,900
2024 $1,550 $34,900 $9,000 $25,900
2023 $1,526 $34,900 $9,000 $25,900
2022 $1,526 $34,900 $9,000 $25,900
2021 $1,526 $34,900 $9,000 $25,900
2020 $1,510 $34,900 $9,000 $25,900
2019 $1,510 $34,900 $9,000 $25,900
2018 $1,510 $34,900 $9,000 $25,900
2017 $1,500 $34,900 $9,000 $25,900
2016 $626 $34,900 $9,000 $25,900
2015 $857 $34,900 $9,000 $25,900
2014 $789 $34,900 $9,000 $25,900
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/24/2026 09/24/26 Pending -- -- --
09/24/2026 09/24/26 For Sale $90,000 -- $55 / Sq Ft
Source: Bright MLS

Source: Bright MLS

MLS Number: PABK2078750

Bright MLS

APN: 14-5307-51-75-5520

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