Fantastic investment opportunity in the heart of Norristown! This well-maintained property features four spacious apartments: two 2-bedroom units and two 1-bedroom units. Located on one of the best blocks in Norristown, just steps from the upcoming $400 million courthouse, this building has undergone numerous updates including new windows, flooring, safety upgrades, masonry repairs, and more. The property has a recent U&O permit from the Municipality of Norristown and holds a legal 4-unit rental license. Currently, three of the four units are occupied, generating substantial income of over $6,000/month, with the potential to exceed $7,700/month when fully rented. The ground-floor unit is newly renovated and vacant, making it ideal for an investor or an owner-occupant. Don’t miss out on this high-income property with incredible location benefits!
Sold for $555,000
$555,000
521 Swede St, Norristown, PA 19401
6beds
--baths
--sqft
Townhouse
Built in 1900
-- sqft lot
$499,200 Zestimate®
$--/sqft
$2,184 Estimated rent
Home value
$499,200
$454,000 - $549,000
$2,184/mo
Zestimate® history
Owner options
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$2,184/mo
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$2,184/mo
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$3,550/mo
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$3,550/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Dave Sawyer 267-921-5033,
Homestarr Realty,
Co-Listing Agent: James Barr 610-633-3900,
Homestarr Realty
Bought with:
Jonathan Batty, RS333282
Keller Williams Realty Devon-Wayne
Source: Bright MLS,MLS#: PAMC2123112
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
Basement
- Area: 0
Heating
- Radiant, Natural Gas
Cooling
- None
Appliances
- Included: Gas Water Heater
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Parking
- Total spaces: 2
- Parking features: Off Street
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 2,088 Square Feet
- Dimensions: 18.00 x 0.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 130036288005
- Zoning: M
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Straight Thru,Transitional
- Property subtype: Townhouse
Materials
- Brick
- Foundation: Stone
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Norristown
- Municipality: NORRISTOWN BORO
Financial & listing details
- Tax assessed value: $135,180
- Annual tax amount: $8,278
- Date on market: 11/15/2024
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 5/12/2025 | Listing removed | $1,290 |
Source: Bright MLS #PAMC2136350 Report a problem | ||
| 4/14/2025 | Listed for rent | $1,290 |
Source: Bright MLS #PAMC2136350 Report a problem | ||
| 1/15/2025 | Sold | $555,000-7.3% |
Source:  Bright MLS #PAMC2123112 Report a problem | ||
| 12/20/2024 | Pending sale | $599,000 |
Source: Bright MLS #PAMC2123112 Report a problem | ||
| 12/2/2024 | Price change | $599,000-4.8% |
Source: Bright MLS #PAMC2123112 Report a problem | ||
| 11/15/2024 | Listed for sale | $629,000+67.7% |
Source: Bright MLS #PAMC2123112 Report a problem | ||
| 10/22/2024 | Sold | $375,000-43.9% |
Source: Public Record Report a problem | ||
| 8/25/2024 | Contingent | $669,000 |
Source: Bright MLS #PAMC2113496 Report a problem | ||
| 8/19/2024 | Listed for sale | $669,000+112.4% |
Source: Bright MLS #PAMC2113496 Report a problem | ||
| 1/9/2024 | Sold | $315,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,331 +1.3% | $135,180 |
| 2024 | $8,224 | $135,180 |
| 2023 | $8,224 +2.2% | $135,180 |
| 2022 | $8,046 +2.2% | $135,180 |
| 2021 | $7,872 +2.5% | $135,180 |
| 2020 | $7,679 +2.4% | $135,180 |
| 2019 | $7,499 +8.9% | $135,180 |
| 2018 | $6,887 +0.8% | $135,180 |
| 2017 | $6,834 +2.5% | $135,180 |
| 2016 | $6,670 +1.9% | $135,180 |
| 2015 | $6,546 +2.5% | $135,180 |
| 2014 | $6,388 +1.8% | $135,180 |
| 2013 | $6,276 +2.3% | $135,180 |
| 2012 | $6,135 +5.7% | $135,180 |
| 2011 | $5,803 | $135,180 |
Find assessor info on the county website
Neighborhood: West End
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Nearby schools
GreatSchools rating
- 3/10Whitehall El SchoolGrades: K-4Distance: 2.1 mi
- 7/10East Norriton Middle SchoolGrades: 5-8Distance: 2.8 mi
- 2/10Norristown Area High SchoolGrades: 9-12Distance: 2.3 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
$499,200
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
$499,200
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