Pending

$390,000

408 W Airy St, Norristown, PA 19401

5beds

2baths

2,182sqft

$2,564/mo

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Townhouse

Built in 1900

-- sqft lot

$368,600 Zestimate^®

$179/sqft

$-- HOA

What's special

Investor Opportunity! Well-maintained 2-unit income-producing property featuring separate utilities, making it an ideal addition to any investment portfolio. Unit 1 offers a comfortable 2-bedroom, 1-bath layout, while Unit 2 features a spacious 3-bedroom, 1-bath layout maximizing rental potential. Investment Highlights: -Both units are currently tenant-occupied- immediate rental income. -Separate utilities – tenant pays their own expenses -Desirable unit mix (2BR & 3BR) for strong rental demand. -Ideal for investors or owner-occupants seeking supplemental income. Conveniently located near shopping, dining, and major commuter routes. Don’t miss this opportunity to own a cash-flowing multi-unit property with strong upside potential! 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.

93 days

27

1

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 2

Basement

Area: 0

Heating

Forced Air, Natural Gas

Cooling

None

Appliances

Included: Electric Water Heater

Features

Basement: Full
Has fireplace: No

Interior area

Total structure area: 2,182
Total interior livable area: 2,182 sqft

Property

Parking

Parking features: On Street
Has uncovered spaces: Yes

Accessibility

Accessibility features: None

Features

Pool features: None

Lot

Size: 1,968 Square Feet
Dimensions: 16.00 x 0.00

Details

Additional structures: Above Grade, Below Grade
Parcel number: 130000728006
Zoning: R2
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Other
Property subtype: Townhouse

Materials

Masonry
Foundation: Stone, Brick/Mortar

Condition

New construction: No
Year built: 1900

Utilities & green energy

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

Community & HOA

Location

Region: Norristown
Municipality: NORRISTOWN BORO

Financial & listing details

Price per square foot: $179/sqft
Tax assessed value: $67,880
Annual tax amount: $4,040
Date on market: 4/22/2026
Listing agreement: Exclusive Agency
Listing terms: Cash,Conventional,Negotiable,Bank Portfolio
Exclusions: Tenants Personal Property
Ownership: Fee Simple

Estimated market value

$368,600

$350,000 - $387,000

$2,038/mo

Price history

Date	Event	Price
6/5/2026	Pending sale	$390,000$179/sqft
Source: Bright MLS #PAMC2176328 Report a problem
4/22/2026	Listed for sale	$390,000+73.3%$179/sqft
Source: Bright MLS #PAMC2176328 Report a problem
7/20/2022	Sold	$225,000+12.5%$103/sqft
Source: Bright MLS #PAMC2041252 Report a problem
6/16/2022	Pending sale	$200,000$92/sqft
Source: Bright MLS #PAMC2041252 Report a problem
6/13/2022	Contingent	$200,000$92/sqft
Source: Bright MLS #PAMC2041252 Report a problem
6/8/2022	Listed for sale	$200,000+40.8%$92/sqft
Source: Bright MLS #PAMC2041252 Report a problem
7/29/2011	Listing removed	$795
Source: Keller Williams Real Estate- Blue Bell #5805719 Report a problem
4/27/2011	Price change	$795-16.3%
Source: Keller Williams Real Estate- Blue Bell #5805719 Report a problem
1/18/2011	Listed for rent	$950
Source: Keller Williams Real Estate- Blue Bell #5805719 Report a problem
6/9/2008	Sold	$142,000+35.2%$65/sqft
Source: Public Record Report a problem
9/9/2003	Sold	$105,000+200%$48/sqft
Source: Public Record Report a problem
8/23/2002	Sold	$35,000+29.6%$16/sqft
Source: Public Record Report a problem
4/21/1998	Sold	$27,000+1798.7%$12/sqft
Source: Public Record Report a problem
12/19/1997	Sold	$1,422$1/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,184 +1.3%	$67,880
2024	$4,129	$67,880
2023	$4,129 +2.2%	$67,880
2022	$4,040 +2.2%	$67,880
2021	$3,952 +2.5%	$67,880
2020	$3,855 +2.4%	$67,880
2019	$3,765 +8.9%	$67,880
2018	$3,457 +0.8%	$67,880
2017	$3,431 +2.4%	$67,880
2016	$3,349 +1.9%	$67,880
2015	$3,287 +2.5%	$67,880
2014	$3,208 +1.8%	$67,880
2013	$3,151 +2.3%	$67,880
2012	$3,081 +5.7%	$67,880
2011	$2,915 +2.9%	$67,880
2010	$2,832	$67,880
2009	$2,832 +2.6%	$67,880
2008	$2,760 +3.5%	--
2007	$2,666 +2%	--
2006	$2,615 +3.1%	--
2005	$2,537 +4.3%	--
2004	$2,432 +18.5%	--
2003	$2,053 +6.5%	--
2002	$1,927 +1.8%	--
2000	$1,893 +13.9%	--
1999	$1,662	--

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

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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