For sale

$549,000

1020 W Main St, Norristown, PA 19401

6beds

3baths

2,974sqft

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Triplex

Built in 1889

-- sqft lot

$516,600 Zestimate^®

$185/sqft

$-- HOA

What's special

Three separate unitsComfortable functional living spaces

Investor Alert! Exceptional opportunity to own a well-maintained 3-unit income-producing property offering strong cash flow and long-term appreciation potential. This multi-family asset features three separate units, making it ideal for both seasoned investors and those looking to start or expand their portfolio. Each unit offers comfortable, functional living spaces that appeal to today’s rental market, supporting consistent occupancy and reliable income. Investment Highlights: -Three units providing multiple income streams -Strong rental demand in the area -Ideal for an investor or owner-occupant looking to offset a mortgage with rental income. Conveniently located near shopping, dining, and major commuter routes. Buyer is responsible for U&O. Owner will guide the buyer through the current tenant onboarding and transition process to ensure a seamless transfer of ownership.

83 days

145

8

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 3

Basement

Area: 0

Heating

Baseboard, Electric

Cooling

None

Appliances

Included: Oven/Range - Electric, Electric Water Heater

Features

Bathroom - Tub Shower, Breakfast Area, Combination Kitchen/Living, Flat, Open Floorplan, Kitchen - Galley, Pantry
Basement: Full
Has fireplace: No

Interior area

Total structure area: 2,974
Total interior livable area: 2,974 sqft

Property

Parking

Parking features: On Street
Has uncovered spaces: Yes

Accessibility

Accessibility features: None

Features

Patio & porch: Porch
Exterior features: Street Lights
Pool features: None

Lot

Size: 7,000 Square Feet
Dimensions: 35.00 x 0.00

Details

Additional structures: Above Grade, Below Grade
Parcel number: 130022768007
Zoning: RES
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Colonial
Property subtype: Triplex

Materials

Brick
Foundation: Block

Condition

Good
New construction: No
Year built: 1889

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Electricity Available, Phone Available, Cable

Community & HOA

Location

Region: Norristown
Municipality: NORRISTOWN BORO

Financial & listing details

Price per square foot: $185/sqft
Tax assessed value: $105,610
Annual tax amount: $6,255
Date on market: 4/22/2026
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Bank Portfolio,Conventional,Negotiable
Exclusions: Tenants Personal Property
Ownership: Fee Simple

Estimated market value

$516,600

$491,000 - $542,000

$1,665/mo

Price history

Date	Event	Price
6/13/2026	Listing removed	$1,500$1/sqft
Source: Bright MLS #PAMC2164190 Report a problem
4/22/2026	Listed for sale	$549,000+107.2%$185/sqft
Source: Bright MLS #PAMC2176132 Report a problem
4/19/2026	Price change	$1,500-21.4%$1/sqft
Source: Bright MLS #PAMC2164190 Report a problem
12/24/2025	Listed for rent	$1,908$1/sqft
Source: Bright MLS #PAMC2164190 Report a problem
8/31/2022	Sold	$265,000-7%$89/sqft
Source: Bright MLS #PAMC697202 Report a problem
2/8/2022	Pending sale	$285,000$96/sqft
Source: Bright MLS #PAMC697202 Report a problem
11/5/2021	Contingent	$285,000$96/sqft
Source: Bright MLS #PAMC697202 Report a problem
10/29/2021	Listed for sale	$285,000+50%$96/sqft
Source: Bright MLS #PAMC697202 Report a problem
8/10/2020	Sold	$190,000+47.3%$64/sqft
Source: Public Record Report a problem
1/12/2015	Sold	$129,000-7.8%$43/sqft
Source: Public Record Report a problem
8/26/2014	Listed for sale	$139,900$47/sqft
Source: Charles L Moles Associates Inc #6444598 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,509 +1.3%	$105,610
2024	$6,423	$105,610
2023	$6,423 +2.2%	$105,610
2022	$6,286 +2.2%	$105,610
2021	$6,149 +2.5%	$105,610
2020	$5,998 +2.4%	$105,610
2019	$5,857 +8.9%	$105,610
2018	$5,379 +0.8%	$105,610
2017	$5,338 +2.5%	$105,610
2016	$5,210 +1.9%	$105,610
2015	$5,114 +2.5%	$105,610
2014	$4,990 +1.8%	$105,610
2013	$4,903 +2.3%	$105,610
2012	$4,794 +5.7%	$105,610
2011	$4,534 +2.9%	$105,610
2010	$4,405	$105,610
2009	$4,405 +2.6%	$105,610
2008	$4,294 +3.6%	--
2007	$4,146 +1.9%	--
2006	$4,069 +3.1%	--
2005	$3,948 +4.3%	--
2004	$3,784 +18.4%	--
2003	$3,195 +6.5%	--
2002	$2,999 +1.8%	--
2000	$2,946 +13.9%	--
1999	$2,586	--

Find assessor info on the county website

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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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