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Sold for $350,000
  • $350,000

    551 Cherry St, Norristown, PA 19401

    6beds
    5baths
    2,593sqft
    Townhouse
    Built in 1890
    -- sqft lot
    $426,600 Zestimate®
    $135/sqft
    $1,896 Estimated rent

    Home value

    $426,600

    $380,000 - $474,000

    $1,896/mo

    Zestimate® history
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    What's special

    Investor Alert! Quadraplex located on the corner of Cherry and Marshall St. Ideal for those who are looking to live in one unit and rent the other three out, or for those looking to add to their portfolio! All four units are currently rented. There is one, 1 bed / 1 bath, one 3 bed/1 bath, one studio and one 2 bed/ 2 bath unit. The first-floor unit has forced air, the second floor has hot water or forced air, and electric baseboard heat for the third floor. Potential to collect higher rents on a few of the units! Currently collecting $3500 in rents with projected rent estimated to be just shy of $4000/month. Walking distance to several shops and restaurants, easy access to main roads and public transportation including train and bus routes. Call us today to schedule your private tour. Note: Seller is also selling 36-38 Spruce St just a few blocks away!

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Sroka 610-590-7697,

    Keller Williams Main Line,

    Listing Team: Home Experts For You Team, Co-Listing Agent: Christine S Edwin 267-231-7703,

    Keller Williams Main Line

    Bought with:

    Jake Toyberman, rs348470

    Homestarr Realty

    Source: Bright MLS,MLS#: PAMC2071012MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 5
    Basement
    • Area: 0
    Heating
    • Forced Air, Baseboard, Natural Gas, Electric
    Cooling
    • None
    Appliances
    • Included: Electric Water Heater, Gas Water Heater
    Features
    • Basement: Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 2,593
    • Total interior livable area: 2,593 sqft

    Property

    Parking
    • Parking features: None
    Accessibility
    • Accessibility features: None
    Features
    • Exterior features: Sidewalks, Balcony
    • Pool features: None
    Lot
    • Size: 2,050 Square Feet
    • Dimensions: 20.00 x 0.00
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 130008104001
    • Zoning: RESIDENTIAL - MULTI FAM
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial
    • Property subtype: Townhouse
    Materials
    • Brick
    • Foundation: Other
    Condition
    • New construction: No
    • Year built: 1890

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Norristown
    • Municipality: NORRISTOWN BORO

    Financial & listing details

    • Price per square foot: $135/sqft
    • Tax assessed value: $63,670
    • Annual tax amount: $3,873
    • Date on market: 5/9/2023
    • Listing agreement: Exclusive Right To Sell
    • Exclusions: Window Ac Units, Tenants Belongings
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    1/9/2026Listing removed$1,000
    Source: Bright MLS #PAMC2163234 Report a problem
    12/7/2025Listed for rent$1,000+29%
    Source: Bright MLS #PAMC2163234 Report a problem
    12/28/2023Sold$350,000+0%$135/sqft
    Source: Bright MLS #PAMC2071012 Report a problem
    5/16/2023Contingent$349,900$135/sqft
    Source: Bright MLS #PAMC2071012 Report a problem
    5/9/2023Listed for sale$349,900+66.6%$135/sqft
    Source: Bright MLS #PAMC2071012 Report a problem
    8/26/2019Sold$210,000-4.1%$81/sqft
    Source: Public Record Report a problem
    3/16/2019Pending sale$219,000$84/sqft
    Source: Coldwell Banker Preferred - Conshohocken Office #PAMC552212 Report a problem
    2/24/2019Listed for sale$219,000+56.4%$84/sqft
    Source: Coldwell Banker Preferred - Conshohocken Office #PAMC552212 Report a problem
    12/12/2017Listing removed$775
    Source: Zillow Rental Network Report a problem
    11/28/2017Listed for rent$775
    Source: Zillow Rental Network Report a problem
    6/11/2010Sold$140,000-24.3%$54/sqft
    Source: Public Record Report a problem
    7/25/2009Listing removed$185,000$71/sqft
    Source: Continental Realty Co., Inc. #5544833 Report a problem
    6/13/2009Listed for sale$185,000$71/sqft
    Source: Continental Realty Co., Inc. #5544833 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,924 +1.3%$63,670
    2024$3,873 $63,670
    2023$3,873 +2.2%$63,670
    2022$3,789 +2.2%$63,670
    2021$3,707 +2.5%$63,670
    2020$3,616 +2.4%$63,670
    2019$3,532 +8.9%$63,670
    2018$3,244 +0.8%$63,670
    2017$3,219 +2.5%$63,670
    2016$3,142 +1.9%$63,670
    2015$3,084 +2.5%$63,670
    2014$3,009 +1.8%$63,670
    2013$2,956 +2.3%$63,670
    2012$2,890 +5.7%$63,670
    2011$2,734 +2.9%$63,670
    2010$2,656 $63,670
    2009$2,656 +2.6%$63,670
    2008$2,589 +3.6%--
    2007$2,500 +1.9%--
    2006$2,453 +3.1%--
    2005$2,380 +4.3%--
    2004$2,281 +18.4%--
    2003$1,926 +6.5%--
    2002$1,808 +1.8%--
    2000$1,776 +13.9%--
    1999$1,559 --
    Find assessor info on the county website

    Neighborhood: West End

    Nearby schools

    GreatSchools rating
    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
    $426,600
    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
    $426,600