Norristown Mixed-Use Investment
421 W MARSHALL Street Norristown, PA 19401
For Sale
$749,000
MULTI_FAMILY - NORRISTOWN, PA
Lot Size0.04 Acres
Days on Market165
Property Features for 421 W MARSHALL Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- On Street
- Standard status
- Active
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5858
Utilities
- Heating system
- Other (Heating)
Building Details
- Year built
- 1930
- Number of units
- 3
Listing Agency:
Realty Mark Associates - KOP
(215) 376-4444
Listed By:
George Korkus Jr · License #AB042252A
(610) 213-9200
Added: Feb 12
Changed: Jun 9
Last Checked: Jul 27 at 2:06AM
MLS# PAMC2167534
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Investment Insights
Based on property information with market context.
Located in the thriving business district of West Marshall Street in Norristown, PA, this mixed-use property offers a rare investment opportunity. The property features three apartments and a commercial space, presenting potential for various business uses, such as a Starbucks. The location is within walking distance of the Montgomery County Court House, bus stop, train station, and grocery store. Elmwood Park, the Norristown Zoo, Montgomery County Courthouse, train station (with access to Philadelphia), and the Norristown Public Library are also nearby. King of Prussia is a five-minute drive away, while Philadelphia is 30 minutes away. The area has strong rental demand, with Montgomery County Housing Authority reimbursement available for apartments. Recent improvements in Norristown include streetscapes, a cultural district, major transportation projects, and thriving neighborhoods. New and expanding businesses are contributing to commercial growth. The Recreation Department offers programs for children and adults, and the Thomas Barone Memorial Complex provides athletic fields. Elmwood Park features bocce ball, picnic areas, a playground, outdoor concerts, and volleyball. Redevelopment is planned for the Norristown riverfront, and the Schuylkill River Trail and Norristown Transportation Center development has been completed. A 70-acre parcel, formerly the site of the State Hospital, was deeded to Norristown borough.
Key Highlights
- Prime location in a thriving business district, near Montgomery County Court House
- Rare opportunity to own 3 apartments and a commercial space (potential for high‑demand tenant like Starbucks)
- Strong rental demand with potential Montgomery County Housing Authority reimbursement (see attachment)
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Marshall Street Check ...
Check Cashing
Western Union
Bank
FAQs
What type of property is this?
Mixed-use property - Three apartments and a commercial space in a prime location.
Where is this mixed-use property located?
The property is located at 421 W MARSHALL Street Norristown, PA.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Prime location in a thriving business district, near Montgomery County Court House; Rare opportunity to own 3 apartments and a commercial space (potential for high‑demand tenant like Starbucks); Strong rental demand with potential Montgomery County Housing Authority reimbursement (see attachment)