Two-Unit Brick
New
For Sale
$229,900
610 GREEN Street, Norristown, PA 19401
Multi-Family, NORRISTOWN, PA
Property Size1,232 SF
Lot Size0.03 Acres
Price / SF$186.61
Days on Market1
Property Features for 610 GREEN Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Parking
3
Parking features
Driveway, On Street
Subdivision
NORRISTOWN
Elementary school
PAUL V FLY
Middle school
EAST NORRITON
High school
NORRISTOWN AREA
Elementary school district
NORRISTOWN AREA
Middle school district
NORRISTOWN AREA
High school district
NORRISTOWN AREA
Standard status
Active
Size
1,232 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Annual Amount
1628
Utilities
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1880
Number of units
2
Building materials
Brick
Listing Agency:
Springer Realty Group
(484) 498-4000
Listed By:
Gregory Martire · License #RS225353L
(484) 997-8068
Added: Oct 7
Last Checked: Oct 7 at 3:06PM
MLS# PAMC2195696
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 duplex in Norristown contains two apartments: one with one bedroom and the other with two. The 1,232-square-foot building dates to 1880 and sits on a 0.0308-acre lot. Central heating and central air conditioning serve the property, and each apartment has its own heat and hot water.
Both apartments are leased, with lease terms running into 2027. Parking options include a driveway and on-street spaces. The basement is also part of the property.
Both apartments are leased, with lease terms running into 2027. Parking options include a driveway and on-street spaces. The basement is also part of the property.
Key Highlights
- Two apartments: one one‑bedroom unit and one two‑bedroom unit
- 1,232 square feet on a 0.0308‑acre lot
- Brick construction; built in 1880
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,901
Cap Rate
7.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$358,020
$358.0K
Cap Rate 7%
$255,729
$255.7K
Cap Rate 9%
$198,900
$198.9K
Market Conditions
NOI Build-Up for 1,232 SF
Gross rent
$27.4K $22.20/SF
− Vacancy
−$1.8K −$1.44/SF
EGI
$25.6K $20.76/SF
− OpEx
−$7.7K −$6.23/SF
NOI
$17.9K $14.53/SF
Area
Montgomery County, PA
Vacancy
6.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$358,020
Cap Rate 7%
$255,729
Cap Rate 9%
$198,900
Alternative Uses
Best Use
Multifamily LT 5
$255.7K
$223.8K – $298.4K
NOI $17,901 @ 7.0% cap · market cap 7.79%
Second Best
Apartment 5plus
$237.8K
$208.1K – $277.4K
NOI $16,645 @ 7.0% cap · market cap 7.24%
Theoretical Best
Specialty Retail
$708.7K
$620.1K – $826.8K
NOI $49,606 @ 7.0% cap · market cap 21.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,084
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
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
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Frequently Asked Questions
What type of property is this?
Duplex - One- and two-bedroom apartments have separate heat and hot-water systems, with leases extending into 2027.
Where is this duplex located?
The property is located at 610 GREEN Street Norristown, PA.
What is the asking price?
The asking price for this property is $229,900.
What are key features of this property?
This property features: Two apartments: one one‑bedroom unit and one two‑bedroom unit; 1,232 square feet on a 0.0308‑acre lot; Brick construction; built in 1880
