Rare opportunity in this hot market to own this mixed use money maker! Property has 2 residential units a one and a three bedroom apartments. First floor is a commercial space occupied by a successful business: bakery/Restaurant operating here for a long time.
Sold for $389,900
$389,900
516 W Marshall St, Norristown, PA 19401
4beds
--baths
--sqft
Retail
Built in 1925
-- sqft lot
$402,900 Zestimate®
$--/sqft
$2,075 Estimated rent
Home value
$402,900
$355,000 - $459,000
$2,075/mo
Zestimate® history
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$2,556/mo
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Zillow last checked:
Listing updated:
Listed by:
Red Chahid 484-250-4415,
Yellow Keys Realty, LLC
Bought with:
Red Chahid, RM425449
Yellow Keys Realty, LLC
Source: Bright MLS,MLS#: PAMC2124490
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
Basement
- Area: 0
Heating
- Forced Air, Natural Gas
Cooling
- Window Unit(s)
Appliances
- Included: Gas Water Heater
Features
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Parking
- Parking features: None
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 2,240 Square Feet
- Dimensions: 16.00 x 0.00
- Features: Downtown
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 130025104002
- Zoning: NC
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Retail
Materials
- Brick
Condition
- New construction: No
- Year built: 1925
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Norristown
- Municipality: NORRISTOWN BORO
Financial & listing details
- Tax assessed value: $97,610
- Annual tax amount: $5,977
- Date on market: 1/6/2025
- Listing agreement: Exclusive Right To Sell
- Exclusions: All Existing Restaurant Equipment Belongs To The Restaurant.
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 2/19/2025 | Sold | $389,900 |
Source:  Bright MLS #PAMC2124490 Report a problem | ||
| 1/7/2025 | Contingent | $389,900 |
Source: Bright MLS #PAMC2124490 Report a problem | ||
| 1/7/2025 | Listed for sale | $389,900+3444.5% |
Source: Bright MLS #PAMC2124490 Report a problem | ||
| 2/5/2002 | Sold | $11,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,016 +1.3% | $97,610 |
| 2024 | $5,938 | $97,610 |
| 2023 | $5,938 +2.2% | $97,610 |
| 2022 | $5,809 +2.2% | $97,610 |
| 2021 | $5,684 +2.5% | $97,610 |
| 2020 | $5,544 +2.4% | $97,610 |
| 2019 | $5,415 +8.9% | $97,610 |
| 2018 | $4,973 +0.8% | $97,610 |
| 2017 | $4,935 +2.4% | $97,610 |
| 2016 | $4,817 +1.9% | $97,610 |
| 2015 | $4,727 | $97,610 |
Find assessor info on the county website
Neighborhood: West End
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Nearby schools
GreatSchools rating
- 6/10Davenport Elementary SchoolGrades: 1-4Distance: 0.5 mi
- 4/10Blockson Middle SchoolGrades: 5-8Distance: 0.6 mi
- 2/10Norristown Area High SchoolGrades: 9-12Distance: 1.9 mi
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
$402,900
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
$402,900
- Pennsylvania
- Montgomery County
- Norristown
- 19401
- West End
- 516 W Marshall St
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