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118 Midland Ave, Reading, PA, 19606

2beds
1baths
940sqft
$133,475
$142price/sqft
$1,121/moest. monthly cost
$44,840/yrincome needed

About This Home

This charming 1.5-story Cape Cod offers a great opportunity for buyers looking to add their personal touch. Featuring 2 bedrooms and 1 full bath, the home boasts a spacious living room perfect for relaxing or entertaining, along with a cozy eat-in kitchen ready for your updates and vision. The layout includes one bedroom on the second floor, providing added privacy, while the main level offers convenient living space along with a practical mud room—ideal for keeping things organized year-round. Step outside to enjoy a private rear deck overlooking a fenced-in yard, perfect for outdoor gatherings, pets, or gardening. The property also includes a detached 2-car garage with rear access, plus a side driveway on the left side of the home for additional off-street parking. This home does require updating and repairs, making it a great option for investors, renovators, or buyers seeking to build equity. Located in a flood zone, buyers are encouraged to perform their due diligence and explore insurance options. Bring your ideas and unlock the potential this property has to offer!

Getting Around

45
WalkingCar-Dependent
0
TransitVery Limited Transit
39
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 1945

Materials

  • Foundation: Permanent
  • Construction materials: Vinyl Siding,Aluminum Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cape Cod
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Water Heater

Basement

  • Area: 0

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 2

Features

  • Finished area below ground: 0
  • Finished area above ground: 940

Heating & Cooling

  • Heating features: Other,Natural Gas
  • Cooling features: None

Interior Area

  • Total structure area: 940
  • Total interior livable area: 940 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 23532714338652
  • Zoning: RESIDENTIAL
  • Special condition: Real Estate Owned

Features

  • Levels: One and One Half
  • Stories: 1
  • Pool features: None

Lot

  • Lot size: 9,583 sqft
  • Lot size dimensions: 0.00 x 0.00

Parking

  • Total spaces: 4
  • Parking features: Garage Faces Front,Detached,Driveway
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes
  • Uncovered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Winter Weather
Cold Wave
Heat Wave
Lightning
Strong Wind

FEMA Declared Disasters Across Pennsylvania Counties

Flood
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $674$8,088
Home Insurance *$46$552
Property Taxes $177$2,124
Electricity $224$2,692
Total$1,121$13,452
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$38,434/yr
40% on housing$33,630/yr
45% on housing$29,893/yr

Pennsylvania FAIR Plan Programs

Insurance Placement Facility of Pennsylvania/FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 8,982Commercial: 984
Total Premiums$5.34M
Total Exposure$1.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.9%
11.9%
0%30.0%
Electricity Growth Rate10-year average: 8.4%
8.4%
0%15.0%
Property Taxes Growth Rate2-year average: -3.0%
-3.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$142This listing

vs Other Active Listings

Avg $/sqft

ZIP 19606$144
Berks County$153

vs Homes Sold Last Month

Median $/sqft

ZIP 19606$155
Berks County$191

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2025-12-04Sold$102,000
2015-04-15Listing removed$84,900
2014-05-01Price change$84,900
2013-02-14Listed for sale$89,900

Unknown Listed By

AgentMr. Dale Kessler JR.
BrokerageRealty 365

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