Property profile

611 Swede St Norristown, PA 19401

OFF-MARKET
High-rise multifamily apartments
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Property ID
US73-0759143
23,441 SF 0.1 ac Built 1874
Last sale Mar 2016·$2,100
Individually Owned Owner of record is an individual. 10-yr Hold Held for 10 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

The Norris is a five-story multifamily apartment building in Norristown, Pennsylvania, containing 30 residential units that are configured as 21 one-bedroom apartments, 8 studios, and 1 two-bedroom apartment. The building was fully gut rehabilitated, with completion reported in 2023, and the interior package includes granite kitchen countertops and stainless steel appliances; washers and dryers are provided on each floor. The building has elevator access and multiple stair towers, with central…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$8k
Tax billed · 2023
Assessed value · 2024$136k
Effective rate6.14%

Value estimate

· Nov 2026
$205k
$185k – $226k
Submarket $/SF estimate$1.57M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$144/SF
Submarket average, outlier-cleaned · 29 recorded sales of this use type
Observed band · Q1–Q3$67 – $187
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
TR
JurisdictionMONTGOMERY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency13.1
Tailor Shop10.3
Locksmith9.5

Location

611 Swede St Norristown, PA 19401-3959
County assessor Recorded deeds · 3 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

1 recorded sale · 12 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
311 Marshall, Norristown, PA 19401-4672 $3,250,000 Jun 2021 40,720 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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