Two-Unit
For Sale
$285,000
1404 ARCH Street, Norristown, PA 19401
Multi-Family, NORRISTOWN, PA
Property Size1,557 SF
Lot Size0.05 Acres
Price / SF$183.04
Days on Market370
Property Features for 1404 ARCH Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking features
On Street
Subdivision
NONE AVAILABLE
Elementary school district
NORRISTOWN AREA
Middle school district
NORRISTOWN AREA
High school district
NORRISTOWN AREA
Standard status
Active
Size
1,557 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
4121
Utilities
Heating system
Baseboard, Electric (Heating), Other (Heating)
Building Details
Year built
1910
Number of units
2
Building materials
Brick
Architectural style
Colonial
Listing Agency:
Real of Pennsylvania
(215) 367-5238
Listed By:
Matthew Marino · License #RS334793
(215) 896-2171
Added: Oct 22, 2025
Changed: Oct 22
Last Checked: Oct 26 at 9:06AM
MLS# PAMC2159354
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 1,557-square-foot brick duplex contains two apartments. The first-floor residence has one bedroom and one full bathroom; the second-floor unit includes two bedrooms and one bathroom. Built in 1910 in the Colonial style, the property is heated by baseboard and electric systems, with additional heating listed as other. Parking is on the street.
The property occupies a 0.0533-acre lot at 1404 Arch Street in Norristown, Pennsylvania.
The property occupies a 0.0533-acre lot at 1404 Arch Street in Norristown, Pennsylvania.
Key Highlights
- Two apartments: a first‑floor one‑bedroom, one‑bath unit and a second‑floor two‑bedroom, one‑bath unit
- 1,557 square feet on a 0.0533‑acre lot
- Brick construction; built in 1910
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,623
Cap Rate
7.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$452,460
$452.5K
Cap Rate 7%
$323,186
$323.2K
Cap Rate 9%
$251,367
$251.4K
Market Conditions
NOI Build-Up for 1,557 SF
Gross rent
$34.6K $22.20/SF
− Vacancy
−$2.2K −$1.44/SF
EGI
$32.3K $20.76/SF
− OpEx
−$9.7K −$6.23/SF
NOI
$22.6K $14.53/SF
Area
Montgomery County, PA
Vacancy
6.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$452,460
Cap Rate 7%
$323,186
Cap Rate 9%
$251,367
Alternative Uses
Best Use
Multifamily LT 5
$323.2K
$282.8K – $377.1K
NOI $22,623 @ 7.0% cap · market cap 7.94%
Second Best
Apartment 5plus
$300.5K
$263.0K – $350.6K
NOI $21,036 @ 7.0% cap · market cap 7.38%
Theoretical Best
Specialty Retail
$895.6K
$783.7K – $1.04M
NOI $62,692 @ 7.0% cap · market cap 22.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,518
Businesses Nearby
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Business Placement
Demographics for 19401, PA
43,414
Population
18,236
Households
2.4
Avg Household Size
36
Median Age
28%
College-Educated
86%
High-School Grad
6.2 sq mi
ZIP Area
7,002
Density / Sq Mi
$68,646
Median Household Income
$38,050
Median Earnings
$1,392
Median Rent
$225,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Separate one- and two-bedroom residences provide distinct layouts within this brick property.
Where is this duplex located?
The property is located at 1404 ARCH Street Norristown, PA.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Two apartments: a first‑floor one‑bedroom, one‑bath unit and a second‑floor two‑bedroom, one‑bath unit; 1,557 square feet on a 0.0533‑acre lot; Brick construction; built in 1910
