For sale

$340,000

241 E Chestnut St, Norristown, PA 19401

5beds

1,631sqft

$2,234/mo

Get pre-qualified

Single Family Residence

Built in 1899

4,400 Square Feet Lot

$330,800 Zestimate^®

$208/sqft

$-- HOA

What's special

Investor Opportunity! This spacious, fully renovated 5-bedroom, 1-bath family home with new flooring and freshly painted is currently utilized as a rental property, offering immediate income potential. Featuring generous living space and a flexible layout, this property is well-suited for continued use as a single-family rental. Conveniently located near local amenities, shopping, dining, and major commuter routes, making it attractive for tenants and investors alike. Currently, this property is tenant-occupied with a long-term lease in place. 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. Conveniently located near local amenities, shopping, dining, and major commuter routes, making it attractive for tenants and investors alike.

134 days
191
9

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 5

Basement

Area: 0

Heating

Central, Oil

Cooling

None

Appliances

Included: Oven/Range - Gas, Water Heater
Laundry: None

Features

Bathroom - Tub Shower
Basement: Unfinished
Has fireplace: No

Interior area

Total structure area: 1,631
Total interior livable area: 1,631 sqft
Finished area above ground: 1,631
Finished area below ground: 0

Property

Parking

Parking features: On Street
Has uncovered spaces: Yes

Accessibility

Accessibility features: None

Features

Levels: Two
Stories: 2
Patio & porch: Porch, Patio
Exterior features: Awning(s), Sidewalks
Pool features: None
Fencing: Partial,Wrought Iron

Lot

Size: 4,400 Square Feet
Dimensions: 40.00 x 0.00

Details

Additional structures: Above Grade, Below Grade
Parcel number: 130008708009
Zoning: R1
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Colonial
Property subtype: Single Family Residence
Attached to another structure: Yes

Materials

Brick
Foundation: Block

Condition

Good
New construction: No
Year built: 1899

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available

Community & HOA

Community

Subdivision: None Available

HOA

Has HOA: No

Location

Region: Norristown
Municipality: NORRISTOWN BORO

Financial & listing details

Price per square foot: $208/sqft
Tax assessed value: $44,820
Annual tax amount: $2,893
Date on market: 4/22/2026
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional,Bank Portfolio,Negotiable
Exclusions: Tenants Personal Property
Ownership: Fee Simple

Estimated market value

$330,800

$314,000 - $347,000

$2,323/mo

Price history

Date	Event	Price
4/22/2026	Listed for sale	$340,000+172%$208/sqft
Source: Bright MLS #PAMC2176090 Report a problem
2/22/2024	Sold	$125,000$77/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,762 +1.3%	$44,820
2024	$2,726	$44,820
2023	$2,726 +2.2%	$44,820
2022	$2,668 +2.2%	$44,820
2021	$2,609 +2.5%	$44,820
2020	$2,545 +2.4%	$44,820
2019	$2,486 +8.9%	$44,820
2018	$2,282 +0.8%	$44,820
2017	$2,265 +2.4%	$44,820
2016	$2,211 +1.9%	$44,820
2015	$2,170 +2.5%	$44,820
2014	$2,118 +1.8%	$44,820
2013	$2,080 +2.2%	$44,820
2012	$2,035 +5.8%	$44,820
2011	$1,924 +2.9%	$44,820
2010	$1,870	$44,820
2009	$1,870 +2.6%	$44,820
2008	$1,822 +3.6%	--
2007	$1,759 +2%	--
2006	$1,725 +3%	--
2005	$1,674 +4.3%	--
2004	$1,605 +18.5%	--
2003	$1,355 +6.5%	--
2002	$1,272 +1.8%	--
2000	$1,249 +13.9%	--
1999	$1,097	--