Duplex Rental
809 GREEN STREET Norristown, PA 19401
For Sale
$395,000
MULTI_FAMILY - NORRISTOWN, PA
Property Size1,992 SF
Price / SF$198.29
Days on Market94
Property Features for 809 GREEN STREET
General Information
- Property type
- Residential Multi Family
- Property subtype
- Townhouse
- Bedrooms
- 4
- Rooms
- Bedroom 3, Bedroom 4, Bedroom 1, Bedroom 2
- Standard status
- Active
- Size
- 1,992 SF
Building Details
- Year built
- 1885
Listing Agency:
BHHS Fox & Roach Blue Bell
(215) 542-2200
Listed By:
Cindy Marcinkowski · License #RS347703
(215) 480-2665
Added: Apr 21
Changed: Jul 23
Last Checked: Jul 23 at 2:06PM
MLS# PAMC2176102
Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. 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 fully duplex property is being offered as a residential income asset and is currently tenant-occupied. The home features updated interior finishes, including new flooring and freshly painted spaces, supporting ready-for-continued rental use. The layout is described as flexible, with generous living space for each unit.
The property is located in Norristown, Pennsylvania (Montgomery County) and is positioned near local amenities, shopping, dining, and major commuter routes.
Buyer should note that they will be responsible for U&O, and the owner will guide the buyer through the current tenant onboarding and transition process.
The property is located in Norristown, Pennsylvania (Montgomery County) and is positioned near local amenities, shopping, dining, and major commuter routes.
Buyer should note that they will be responsible for U&O, and the owner will guide the buyer through the current tenant onboarding and transition process.
Key Highlights
- Fully duplex currently used as a rental property and tenant‑occupied under a long‑term lease
- 4‑bedroom layout (Bedrooms 1–4 listed) with flexible living space
- New flooring and freshly painted interior
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $44.2k | $22.20 |
| − Vacancy | −$2.9k | −$1.44 |
| EGI | $41.3k | $20.76 |
| − OpEx | −$12.4k | −$6.23 |
| NOI | $28.9k | $14.53 |
1,992 SF · lease $22.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$413.5K
$361.8K – $482.4K
NOI $28,944 @ 7.0% cap · market cap 7.33%
Second Best
Apartment 5plus
$384.5K
$336.4K – $448.6K
NOI $26,913 @ 7.0% cap · market cap 6.81%
Theoretical Best
Specialty Retail
$1.15M
$1.00M – $1.34M
NOI $80,207 @ 7.0% cap · market cap 20.31%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Fully duplex investment property with new flooring and freshly painted interiors, currently tenant-occupied.
Where is this duplex located?
The property is located at 809 GREEN STREET Norristown, PA.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Fully duplex currently used as a rental property and tenant‑occupied under a long‑term lease; 4‑bedroom layout (Bedrooms 1–4 listed) with flexible living space; New flooring and freshly painted interior
