2-Unit Brick
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 Market20
Property Features for 610 GREEN Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Parking
3
Parking features
On Street, Driveway
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
Additional Details
Tenant in Place
Yes
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
Changed: Oct 23
Last Checked: Oct 26 at 1:06AM
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.
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Investment Insights
Based on property information with market context.
This brick duplex contains two residences: one with one bedroom and the other with two. The building offers 1,232 square feet of space, central heating and central air conditioning, plus a basement. Each residence has its own heat and hot-water system, and both are leased through 2027.
Built in 1880, the property sits on a 0.0308-acre lot. Parking options include a driveway and on-street parking. The property is in Norristown, near shopping, dining, and major highways.
Built in 1880, the property sits on a 0.0308-acre lot. Parking options include a driveway and on-street parking. The property is in Norristown, near shopping, dining, and major highways.
Key Highlights
- Two residences: one one‑bedroom unit and one two‑bedroom unit
- Both units have leases extending through 2027
- 1,232‑square‑foot brick building with a basement
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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
2
Residential units
100%
Occupancy
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
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Separate heat and hot-water systems serve the one-bedroom and two-bedroom residences, both leased through 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 residences: one one‑bedroom unit and one two‑bedroom unit; Both units have leases extending through 2027; 1,232‑square‑foot brick building with a basement
