Norristown Duplex: Investment
For Sale
Under Contract
$240,000
1424 POWELL Street, Norristown, PA 19401
MULTI_FAMILY - Other - NORRISTOWN, PA
Property Size2,430 SF
Lot Size0.09 Acres
Price / SF$98.77
Days on Market111
Property Features for 1424 POWELL Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Parking
1
Parking features
Garage - Detached
Subdivision
NORRISTOWN
High school
NORRISTOWN AREA
Elementary school district
NORRISTOWN AREA
Middle school district
NORRISTOWN AREA
High school district
NORRISTOWN AREA
Special listing conditions
Short Sale
Standard status
Active Under Contract
Size
2,430 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Annual Amount
5674
Utilities
Heating system
Other (Heating)
Building Details
Year built
1900
Number of units
2
Building materials
Brick
Architectural style
Other
Listing Agency:
Keller Williams Main Line · Keller Williams Realty
(610) 520-0100
Listed By:
Kimberly S Ruley · License #RS299581
(267) 603-1176
Added: Apr 15
Changed: Jun 9
Last Checked: Aug 3 at 6:06AM
MLS# PAMC2175634
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.
Investment Insights
Based on property information with market context.
This three-story duplex in Norristown, Pennsylvania, presents an investment opportunity. The first floor features a one-bedroom unit with a living room, dining room, and full kitchen, as well as access to the rear yard and basement. The bi-level unit on the second and third floors includes three bedrooms and two bathrooms, along with an updated kitchen and bath. A fire escape from the third floor leads to the rear yard. A detached one-car garage is accessible from the driveway. The property has a full, unfinished basement and is being sold as-is, requiring some work. The property size is 2430 square feet and the lot size is 0.0918 acres. The property will be delivered vacant. Potential rents are $1700 per month for the one-bedroom unit and $2500 per month for the three-bedroom unit, totaling $4200 per month. Buyer is responsible for any U&O requirements. All offers are subject to third-party mortgage company approval and seller acceptance of those approval terms. The property is being sold as-is with no warranties expressed or implied. Home inspections are for informational purposes only. Buyer may be responsible for any of their own lender required repairs.
Key Highlights
- Duplex property offers immediate rental income potential from two units
- Projected total monthly rental income of $4200
- Delivered vacant, allowing immediate occupancy or rental
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,328
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Three-story duplex in Norristown, Pennsylvania, with detached garage.
Where is this duplex located?
The property is located at 1424 POWELL Street Norristown, PA.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: Duplex property offers immediate rental income potential from two units; Projected total monthly rental income of $4200; Delivered vacant, allowing immediate occupancy or rental
