A rare opportunity to acquire a cash-flowing portfolio of five rental homes located on the same block in the heart of Norristown. This collection—501, 503, 505, 507, and 509 E Airy Street—offers immediate income with 100% occupancy and strong rental demand in the area. All five properties are being offered together and must be sold as one package. Each property provides functional living spaces and steady rental histories. The location is highly convenient for residents, with close proximity to downtown Norristown, public transportation, parks, shops, restaurants, and major commuter routes—including I-476, I-76, and Route 202. Don’t miss this opportunity to secure a strong, income-producing asset in a prime location. Buyers are responsible for the U&O.
Sold for $175,000
$175,000
509 E Airy St, Norristown, PA 19401
3beds
1,330sqft
Townhouse
Built in 1988
2,218 Square Feet Lot
$249,100 Zestimate®
$132/sqft
$2,278 Estimated rent
Home value
$249,100
$237,000 - $262,000
$2,278/mo
Zestimate® history
Owner options
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$2,278/mo
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$2,278/mo
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$1,207/mo
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$1,207/mo
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Functional living spaces
Zillow last checked:
Listing updated:
Listed by:
Linda Cadwell 215-264-4845,
Homestarr Realty
Bought with:
Lus Adesanya, 5018490
Lus Realty LLC
Source: Bright MLS,MLS#: PAMC2158260
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Basement
- Area: 0
Heating
- Central, Natural Gas
Cooling
- None
Appliances
- Included: Gas Water Heater
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 1,330
- Total interior livable area: 1,330 sqft
- Finished area above ground: 1,330
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: 2+ Access Exits
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 2,218 Square Feet
- Dimensions: 25.00 x 0.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 130000468401
- Zoning: RESIDENTAL
- Special conditions: Short Sale
Construction
Type & style
- Home type: Townhouse
- Architectural style: Traditional
- Property subtype: Townhouse
Materials
- Stucco
- Foundation: Block
Condition
- New construction: No
- Year built: 1988
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Norristown
HOA
- Has HOA: No
Location
- Region: Norristown
- Municipality: NORRISTOWN BORO
Financial & listing details
- Price per square foot: $132/sqft
- Tax assessed value: $71,510
- Annual tax amount: $4,512
- Date on market: 12/3/2025
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 2/13/2026 | Sold | $175,000-30%$132/sqft |
Source:  Bright MLS #PAMC2158260 Report a problem | ||
| 12/12/2025 | Contingent | $249,900$188/sqft |
Source: Bright MLS #PAMC2158260 Report a problem | ||
| 12/3/2025 | Listed for sale | $249,900+108.3%$188/sqft |
Source: Bright MLS #PAMC2158260 Report a problem | ||
| 8/10/2021 | Listing removed | -- |
Source: Zillow Rental Network Premium Report a problem | ||
| 8/3/2021 | Listed for rent | $1,300+4%$1/sqft |
Source: Zillow Rental Network Premium Report a problem | ||
| 10/21/2018 | Listing removed | $1,250$1/sqft |
Source: RENU Property Mgt Pennsylvania Report a problem | ||
| 10/5/2018 | Price change | $1,250+8.7%$1/sqft |
Source: RENU Property Mgt Pennsylvania Report a problem | ||
| 10/3/2018 | Listed for rent | $1,150$1/sqft |
Source: RENU Property Mgt Pennsylvania Report a problem | ||
| 8/2/2017 | Sold | $120,000$90/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,407 +1.3% | $71,510 |
| 2024 | $4,350 | $71,510 |
| 2023 | $4,350 +2.2% | $71,510 |
| 2022 | $4,256 +2.2% | $71,510 |
| 2021 | $4,164 +2.5% | $71,510 |
| 2020 | $4,062 +2.4% | $71,510 |
| 2019 | $3,966 +8.9% | $71,510 |
| 2018 | $3,642 +0.8% | $71,510 |
| 2017 | $3,614 +2.4% | $71,510 |
| 2016 | $3,528 +1.9% | $71,510 |
| 2015 | $3,462 +2.5% | $71,510 |
| 2014 | $3,379 +1.8% | $71,510 |
| 2013 | $3,320 +2.3% | $71,510 |
| 2012 | $3,246 +5.7% | $71,510 |
| 2011 | $3,070 +2.9% | $71,510 |
| 2010 | $2,983 | $71,510 |
| 2009 | $2,983 +2.6% | $71,510 |
| 2008 | $2,908 +3.6% | -- |
| 2007 | $2,808 +2% | -- |
| 2006 | $2,754 +3.1% | -- |
| 2005 | $2,672 +4.3% | -- |
| 2004 | $2,563 +18.4% | -- |
| 2003 | $2,164 +6.5% | -- |
| 2002 | $2,031 +1.8% | -- |
| 2000 | $1,995 +13.9% | -- |
| 1999 | $1,751 | -- |
Find assessor info on the county website
Neighborhood: East End
Nearby homes
- $175,0003 bd2 ba1.3k sqft507 E Airy St, Norristown, PA 19401Sold
- $175,0003 bd2 ba1.3k sqft505 E Airy St, Norristown, PA 19401Sold
- $215,0003 bd2 ba1.3k sqft503 E Airy St, Norristown, PA 19401Sold
- $266,2002 bd3 ba2.3k sqft525 E Airy St, Norristown, PA 19401Off Market
- $260,0004 bd3 ba1.8k sqft501 E Airy St, Norristown, PA 19401Sold
- $290,0003 bd2 ba1.4k sqft506 Moore St, Norristown, PA 19401Sold
- $9,300-- bd-- ba-- sqft508 Moore St, Norristown, PA 19401Off Market
- $158,5003 bd1 ba720 sqft529 E Airy St, Norristown, PA 19401Off Market
Nearby schools
GreatSchools rating
- NARay S. Musselman Learning CenterGrades: KDistance: 0.5 mi
- 7/10East Norriton Middle SchoolGrades: 5-8Distance: 2.9 mi
- 2/10Norristown Area High SchoolGrades: 9-12Distance: 2.8 mi
Schools provided by the listing agent
- High: Norristown Area
- 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
$249,100
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
$249,100
- Pennsylvania
- Montgomery County
- Norristown
- 19401
- East End
- 509 E Airy St
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Nearby neighborhoods
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