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Brick Triplex
For Sale
$329,900

545 CHERRY Street, Norristown, PA 19401

Multi-Family, NORRISTOWN, PA

Property Size2,610 SF
Lot Size0.04 Acres
Price / SF$126.40
Days on Market16

Property Features for 545 CHERRY Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Parking features On Street
Elementary school district NORRISTOWN AREA
Middle school district NORRISTOWN AREA
High school district NORRISTOWN AREA
Standard status Active
Size 2,610 SF
Lot size 0.04 Acres

Taxes and HOA fees

Tax Annual Amount 3344

Utilities

Heating system Central

Building Details

Year built 1900
Number of units 3
Building materials Brick
Architectural style Other
Listing Agency: Continental Realty Co., Inc.
Listed By: Stacy Tarantino Bishop · License #AB069572
Added: Oct 8 Changed: Oct 21 Last Checked: Oct 23 at 6:06PM
MLS# PAMC2195282

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.

Located at 545 Cherry Street in Norristown, this 2,610-square-foot brick triplex was built in 1900. Its unit mix consists of two one-bedroom apartments and one two-bedroom apartment, with central heating and on-street parking. One unit is occupied, and the tenant pays all utilities. The property is offered as-is; the buyer is responsible for use and occupancy requirements imposed by the borough.

Key Highlights

  • Three apartments: two one‑bedroom units and one two‑bedroom unit
  • 2,610 square feet on a 0.0425‑acre lot
  • Brick construction; built in 1900

Property Analytics

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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

2,082
Businesses Nearby

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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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - The three-unit layout contains two one-bedroom apartments and one two-bedroom apartment.
Where is this triplex located?
The property is located at 545 CHERRY Street Norristown, PA.
What is the asking price?
The asking price for this property is $329,900.
What are key features of this property?
This property features: Three apartments: two one‑bedroom units and one two‑bedroom unit; 2,610 square feet on a 0.0425‑acre lot; Brick construction; built in 1900
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