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Image 1 - 816 W Elm St, Norristown, Pennsylvania, 19401 - House for sale
Image 2 - 816 W Elm St, Norristown, Pennsylvania, 19401 - House for sale
Image 3 - 816 W Elm St, Norristown, Pennsylvania, 19401 - House for sale
Image 4 - 816 W Elm St, Norristown, Pennsylvania, 19401 - House for sale
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Image 6 - 816 W Elm St, Norristown, Pennsylvania, 19401 - House for sale
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Home For Sale In Norristown, Pennsylvania
816 W Elm St, Norristown, Pennsylvania, 19401

Home For Sale In Norristown, Pennsylvania

house for sale
21 views
Listed: 08/31/22

816 W Elm St, Norristown, Pennsylvania, 19401

4 Bed:
2 Bath:
1,590 Sq Ft Living Area:
Save
Price
$ 220,000

About This House

Duplex investment property for sale! Positive cash flow row-home in the west end of town. Purchase and run it as is, or make improvements for possible higher rents. Check the numbers below for investor information and details on a 8% cap rate. Current long-term property owner is retiring. Large 1BR on the first floor with full kitchen, full bath, access to fenced-in backyard, and basement for storage with tall ceilings. The living room has lots of natural light. Fully carpeted and very cozy. First floor rents for $850 per month with 6 months remaining on the lease. Upstairs is a 3BR on the second and third levels with another full bath. Full eat in kitchen and separate living room on …  Full description

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Norristown Housing & Living

Average sale prices for houses

3 bed
Show as List Show as Graph
In June 2024, the asking price for 3 bed houses for sale in/near Norristown, United States averaged $277,308, a decrease of 8.4% from the previous month.
Median price trends for properties for sale in Norristown, United States as of June 2024.

Household Income

Median household income: $45,017
Number of households: 12,616
The average household income in Norristown, PA grew from $44,168 to $45,017 in the past year. This data is an estimate based upon 12,616 households in Norristown, PA.
The chart below presents how household income is distributed in Norristown, PA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Norristown, PA compared to median property taxes around the country. The prevalent amount of property taxes in Norristown, PA equals $3k+ , which is more than the national average.