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Sold for $415,000
  • $415,000

    1449 Powell St, Norristown, PA 19401

    4beds
    3baths
    2,828sqft
    Triplex
    Built in 1890
    -- sqft lot
    $415,300 Zestimate®
    $147/sqft
    $1,837 Estimated rent

    Home value

    $415,300

    $390,000 - $440,000

    $1,837/mo

    Zestimate® history
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    $1,837/mo

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    $2,860/mo

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    What's special

    Two rented garage bays
    Triplex + 2 Garages and Storage unit rented | Fully Occupied | Strong Cash Flow Welcome to 1449 Powell St, an income‑producing triplex offering multiple revenue streams, stable tenancy, and low ongoing maintenance. This property is fully occupied and delivers immediate cash flow, making it ideal for investors, 1031 buyers, and owner‑occupants seeking rental income. This building features three fully leased residential units two 1 bedroom units and one 2 bedroom unit, each with reliable long‑term tenants and documented payment history. In addition to the residential units, the property includes two rented garage bays and one additional storage unit within the garage structure — all currently generating income. The basement also contains multiple storage bins, which the landlord can rent individually for additional revenue. These ancillary income opportunities significantly enhance the property’s cash flow and cap rate performance. Seller has buyer package containing: T12, utility breakdown, and lease summaries. Can be emailed on request. Showing availability: Property is available for showings Tuesday, Wednesday, Thursday, after 12 noon and before 6 PM. On Friday and Saturday after 12 noon and before 3PM. Sunday no availability.

    Zillow last checked:

    Listing updated:

    Listed by:

    Chris Carr 855-885-4663,

    HomeZu

    Bought with:

    Sophia Seminario, RS341799

    CG Realty, LLC

    Source: Bright MLS,MLS#: PAMC2186170MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    Basement
    • Area: 0
    Heating
    • Baseboard, Natural Gas
    Cooling
    • None
    Appliances
    • Included: Electric Water Heater
    Features
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total structure area: 2,828
    • Total interior livable area: 2,828 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage Faces Front, Concrete, Driveway, On Street, Detached
    • Garage spaces: 2
    • Uncovered spaces: 2
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Lot
    • Size: 5,040 Square Feet
    • Dimensions: 35.00 x 0.00
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 130031636004
    • Zoning: TRIPLEX
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Triplex
    Materials
    • Brick
    • Foundation: Block
    Condition
    • New construction: No
    • Year built: 1890

    Utilities & green energy

    • Electric: 100 Amp Service
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Norristown
    • Municipality: NORRISTOWN BORO

    Financial & listing details

    • Price per square foot: $147/sqft
    • Tax assessed value: $115,090
    • Annual tax amount: $7,429
    • Date on market: 7/1/2026
    • Listing agreement: Exclusive Agency
    • Listing terms: Conventional,FHA,Cash,VA Loan
    • Exclusions: Tenant Owned Appliances
    • Ownership: Fee Simple
    • Income includes: Apartment Rentals, Other

    Price history

    DateEventPrice
    9/8/2026Sold$415,000-3.5%$147/sqft
    Source: Bright MLS #PAMC2186170 Report a problem
    8/10/2026Pending sale$429,900$152/sqft
    Source: Bright MLS #PAMC2186170 Report a problem
    7/1/2026Listed for sale$429,900+226%$152/sqft
    Source: Bright MLS #PAMC2186170 Report a problem
    3/9/2001Sold$131,890$47/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,093 +1.3%$115,090
    2024$7,002 $115,090
    2023$7,002 +2.2%$115,090
    2022$6,850 +2.2%$115,090
    2021$6,701 +2.5%$115,090
    2020$6,537 +2.4%$115,090
    2019$6,384 +8.9%$115,090
    2018$5,863 +0.8%$115,090
    2017$5,818 +2.4%$115,090
    2016$5,679 +1.9%$115,090
    2015$5,574 +2.5%$115,090
    2014$5,439 +1.8%$115,090
    2013$5,344 +2.3%$115,090
    2012$5,224 +5.7%$115,090
    2011$4,941 +2.9%$115,090
    2010$4,801 $115,090
    2009$4,801 +2.6%$115,090
    2008$4,679 +3.5%--
    2007$4,519 +1.9%--
    2006$4,433 +3%--
    2005$4,302 +4.3%--
    2004$4,124 +18.4%--
    2003$3,482 +6.5%--
    2002$3,268 +1.8%--
    2000$3,210 +13.9%--
    1999$2,818 --
    Find assessor info on the county website

    Neighborhood: North End

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Norristown Area

    Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $415,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $415,300