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Brick Triplex
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 Market16

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

Additional Details

Tenant in Place Yes

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 23 Last Checked: Oct 23 at 6:06PM
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.

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Investment Insights

Based on property information with market context.

This brick triplex contains 2,744 square feet on a 0.0425-acre lot. Built in 1900, the property has baseboard electric heating, and all three units are currently occupied. Parking is on the street.

The property is at 547 Cherry Street in Norristown, Pennsylvania. The seller is also offering 543 Cherry Street and a triplex at 545 Cherry Street for a possible combined purchase. The buyer is responsible for borough use and occupancy requirements, and the property is being sold as-is.

Key Highlights

  • Three‑unit residential building with 2,744 square feet
  • 0.0425‑acre lot
  • Brick construction; built in 1900

Property Analytics

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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
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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 - All three residential units are occupied, with baseboard electric 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 residential building with 2,744 square feet; 0.0425‑acre lot; Brick construction; built in 1900
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