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Brick Triplex
New
For Sale
$329,900

547 CHERRY Street, Norristown, PA 19401

Multi-Family, NORRISTOWN, PA

Property Size2,744 SF
Lot Size0.04 Acres
Price / SF$120.23
Days on Market2

Property Features for 547 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 2,744 SF
Lot size 0.04 Acres

Taxes and HOA fees

Tax Annual Amount 3405

Utilities

Heating system Electric (Heating), Baseboard

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 9 Last Checked: Oct 9 at 2:06PM
MLS# PAMC2195898

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 brick triplex contains 2,744 square feet across three occupied residences. Built in 1900, the property has electric baseboard heating and a 0.0425-acre lot.

Parking is available on the street. The sale is as-is, and the buyer is responsible for Borough use and occupancy requirements.

Key Highlights

  • Three‑unit property; all residences are occupied
  • 2,744 square feet of building area
  • 0.0425‑acre lot

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Skin Care Clinic Locksmith Acupuncture Tech Support Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
100%
Occupancy

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - All three residences are occupied, with electric baseboard heat and on-street parking.
Where is this triplex located?
The property is located at 547 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‑unit property; all residences are occupied; 2,744 square feet of building area; 0.0425‑acre lot
More about this property
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